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The Latest Breaking News from G7

EU proposes fresh sanctions on Russia's oil, banks, Nord Stream and 'shadow fleet'

The latest proposal of EU sanctions comes ahead of a summit of G7 leaders, where the revision of the price cap on Russian oil will be high on the agenda.

Euronews

EU calls for lower price cap on Russian oil in move to tighten sanctions

Other measures include greater restrictions on ‘shadow fleet’, banks and Nord Stream investment

The Guardian - UK

Canadian PM vows to boost defence spending and reduce dependency on US

Carney says Canada will hit Nato target of 2% of GDP five years ahead of schedule amid ‘dangerous and divided world’

The Guardian - US

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Prime Minister to visit Canada for trade and security talks

Mark Carney will welcome Sir Keir Starmer ahead of the 2025 G7 leaders’ summit in Alberta.

Evening Standard

Can the EU lower the price cap on Russian oil without US support? It's complicated

The US has so far refrained from endorsing a lower price cap on Russian oil, prompting the question of whether the EU can dare to go it alone.

Euronews

Canada’s PM faces backlash for inviting India’s Narendra Modi for G7 summit

Mark Carney declined to answer if he believed Indian PM had a role in murder of Sikh activist Hardeep Singh Nijjar

The Guardian - US

Carney invites Modi to G7 summit despite strained ties between Canada and India

Canadian Prime Minister Mark Carney invited Indian Prime Minister Narendra Modi to the G7 summit in Alberta later this month

The Independent UK

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Trump's domestic drama could overshadow G7 amid feud with Elon Musk - Roll Call

Donald Trump's daily domestic drama could overshadow a key G7 summit in Canada as he butts heads with Elon Musk.

Roll Call

Markets stay in a holding pattern as world awaits more Trump trade news

Japan’s Nikkei 225 fell 0.5%, as Japan embarks on a new round of trade negotiations with the U.S. ahead of a G7 summit in Canada.

Fortune

Badenoch challenges Starmer at PMQs over winter fuel payment U-turn, Chagos deal and child benefit cap – as it happened

Tory leader says PM should apologise to pensioners and asks how U-turn will be funded

The Guardian - UK

Are Lindsey Graham’s contortions about to prod Trump into Russia sanctions?

The Republican senator known for sycophancy towards the president is pushing a bill that could reshape Ukraine policy

The Guardian - US

Tariffs, Ukraine war to top agenda as Trump huddles with German chancellor - Roll Call

President Trump and German Chancellor Merz will talk tariffs, automobiles and Russia-Ukraine when they meet at the White House on Thursday.

Roll Call

Trade secretary Jonathan Reynolds to push for exemption on steel tariffs in crunch meeting with US officials

The UK struck a deal with Washington for import taxes on its steel to be removed weeks ago, but its implementation has not been finalised

The Independent UK

Trade Secretary to push for timeline on US tariff exemption

Sir Keir Starmer and Donald Trump announced the broad terms of an agreement last month.

The Independent UK

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The Conversation

Grattan on Friday: Trump, tariffs and the Middle East are looming challenges for Albanese

Australia these days receives invitations to big-league international conferences. And so Anthony Albanese will be off soon to the G7 meeting in Alberta, Canada, on June 15-17.

The Conversation

Canada has a chance to lead on AI policy and data governance at the 2025 G7 Leaders’ Summit

Artificial intelligence (AI) is rapidly transforming sectors from health care to climate science. But amid the global scramble to lead this technological revolution, one truth is becoming clearer: data, its platforms and its circulations, have become critical infrastructure. And Canada, poised to host this year’s G7 Leaders Summit, has a…

Euronews

Europe's long, arduous battle against Russia's 'shadow fleet' is far from over

The EU has imposed several rounds of sanctions against Russia's infamous "shadow fleet". But is there more to be done?

The Independent UK

G7 nations paper over differences on tariffs and Ukraine, agree to address 'imbalances'

Top finance officials from the world’s seven wealthiest democracies set aside stark differences on U.S. tariffs and agreed to counter global “economic imbalances,” a swipe at China’s trade practices

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International Business Times

G7 Finance Chiefs Push For Consensus Despite Trump Tariffs

G7 finance leaders played down their differences Thursday, despite turmoil from US President Donald Trump's wide-ranging tariffs, and sought common ground on Ukraine as talks in Canada entered the final hours.

The Guardian - UK

Lammy’s rebuke of Israel marks turning point after weeks of growing frustration

Shift in rhetoric follows tense meeting with Israel’s foreign minister and growing global alarm over Gaza Humanitarian Foundation plan

International Business Times

G7 Finance Chiefs Begin Talks Under Strain Of Trump Tariffs

G7 finance leaders exchanged pleasantries before tough discussions Wednesday, seeking to restore stability in the face of economic turbulence from US President Donald Trump's punishing tariffs -- and to strengthen support for Ukraine.

The Guardian - UK

European unity against Putin in peril if Trump moves to ease sanctions

EU’s hopes of US increasing pressure on Kremlin have been dashed, and Hungary could yet make situation worse

The Independent UK

‘There is nothing left’: Seaside town devastated by violent storm as flooding kills three in southern France

Three pensioners died after becoming swept away by floodwater while in their cars

The Guardian - UK

Putin visits Kursk region for first time since recapturing from Ukraine – as it happened

Kremlin said the Russian president visited the region on Tuesday and met with the interim government

The Guardian - UK

Former Ukrainian presidential aide shot dead in Madrid – Europe live

Former politician Andriy Portnov advised the pro-Russian Viktor Yanukovych and had fled Ukraine in 2014

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