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The Latest Breaking News from G7

Here’s how to find more funds for Ukraine – liquidate Russia’s $300bn in frozen assets

The west could help release billions and hurt Putin’s war effort at the same time, says Olena Halushka, co-founder of the International Center for Ukrainian Victory

The Guardian - UK

Japan pledges $4.5B more in aid for Ukraine, including $1B in humanitarian funds

Japan’s Prime Minister Fumio Kishida has pledged $4.5 billion to Ukraine, including $1 billion in humanitarian aid to help support the war-torn country’s recovery efforts

The Independent UK

China warns against ‘undermining’ Belt and Road plan after Italy withdraws

Italy, the only major Western power to have joined China’s global infrastructure initiative, is exiting in 2024.

Al Jazeera

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Nearly 20,000 children deported to Russia, Ukraine’s human rights commissioner says – as it happened

Ukraine human rights commissioner says more and more children are being deported each day

The Guardian - AU

G7 bans Russian diamonds from January in show of solidarity to Zelensky

G7 announcement does not mention tracing of polished stones or carat size, which can help Russia evade ban

The Independent UK

Republicans block Ukraine funding over US-Mexico border despite Biden pleas

The Kremlin has celebrated the gridlock, saying it hopes US lawmakers will keep axing Biden’s aid plan.

Al Jazeera

Russia-Ukraine war: List of key events, day 652

As the war enters its 652nd day, these are the main developments.

Al Jazeera

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Russia-Ukraine war at a glance: what we know on day 652

US Republicans block funding bill that included aid for Ukraine; former Ukrainian MP shot dead in Moscow park

The Guardian - AU

Italy officially withdraws from China's Belt and Road project

Italy has withdrawn from China's vast Belt and Road infrastructure initiative, more than four years after becoming the only G7 nation to sign up to the strategy.

Radio France Internationale

Italy to withdraw from China’s belt and road initiative, say sources

Decision of only G7 nation to join project reportedly communicated to Beijing three days ago

The Guardian - UK

Russia-Ukraine war: Russia-UAE relations at new high, Putin says – as it happened

Russian president visits United Arab Emirates and Saudi Arabia for talks

The Guardian - AU

Ukraine's Zelensky To Join G7 Leaders Video Summit Wednesday

Ukrainian President Volodymyr Zelensky will join a video summit later Wednesday with the leaders of the G7, chair Japan said, hours after unexpectedly skipping a virtual meeting with US senators.

International Business Times

UK has lacked coherent economic strategy for years, thinktank finds

Trade has been hit by Brexit, while the number in poverty has risen sharply in a country ill-prepared for the future

The Guardian - UK

Bank of England Warns of Potential Market Correction Amidst Economic Uncertainties

The House of Lords Economic Affairs Committee released a report that critiques the Bank of England's scope of operation amidst the current cost of living crisis.

International Business Times UK

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The Independent UK

Watch live: Jeremy Hunt grilled by Treasury committee as Britain to suffer highest inflation in G7

Watch live as Jeremy Hunt is questioned by the Treasury Committee on Wednesday, 29 November, after a major international forecast showed that Britain is set to suffer the highest inflation and the second-slowest growth rate in the G7.

The National (Scotland)

UK forecast for second-worst economic growth in the G7

The UK economy is set for the second-slowest growth of the world’s G7 advanced economies, according to new forecasts.

The Independent UK

Watch again: Sunak faces Starmer at PMQs as UK suffers economic blow

Watch as Rishi Sunak faces Sir Keir Starmer at Prime Minister’s Questions on Wednesday 29 November.

The Independent UK

Blow for Rishi Sunak as UK to have second-slowest growth in G7

The OECD slashes its economic growth forecast for UK, while increasing expected inflation rate

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The Independent UK

Live updates | Mediators try to extend Gaza truce, which could expire within a day

With hours left to go before a truce in Gaza expires, international mediators worked to extend it in order to facilitate the release of militant-held hostages and Palestinians imprisoned by Israel

International Business Times

Diamond Trade Polishes Its Act As Russia Sanctions Loom

As European capitals prepare to implement long-awaited sanctions on Russia's diamond exports, Belgian traders are bracing for new scrutiny of their industry.

The Guardian - UK

After years of Tory failure, getting Britain growing again will be Labour’s greatest test

A Starmer government will inherit a nation with miserable productivity, emasculated public services, big debts, high tax levels and acute inequalities

The Conversation

Ukraine war: are both sides preparing for stalemate?

US president Joe Biden took to the pages of the Washington Post last week to assure the American people that continuing economic and military support to Ukraine is an investment in US security. On October 20, the US defence secretary, Lloyd Austin, visited Kyiv to give the Ukrainian leadership a…

The Guardian - UK

EU plans fresh Russia sanctions including against son of Dmitry Medvedev

Proposals aimed at choking off commercial revenues include total ban on sale of Russian rough diamonds

The Independent UK

Blinken says 'far too many' Palestinians have died as Israel wages relentless war on Hamas

U.S. Secretary of State Antony Blinken says “far too many” Palestinians have died and suffered as Israel wages a relentless war against the militant Hamas group in the Gaza Strip

Foreign Policy

Why Can't the West Stop Supplying Technology for Russian Weapons?

Some countries are starting to crack down on exports, but they need to do more.

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