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The Latest Breaking News from G7

G7 Meeting Focuses On Cease-Fire Efforts In Gaza And Ukraine

G7 foreign ministers convene in Italy to address conflicts in Ukraine and the Middle East, focusing on peace efforts and humanitarian aid.

Top News

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Donald Trump will put America first: what does that mean for Africa?

Donald Trump’s return as the president of the US in January 2025 is expected to usher in a transformation of US domestic and foreign affairs.

The Conversation

Ukraine allies criticise G20 statement for not naming Russia’s role in conflict

Scholz, Starmer, Trudeau and Macron among leaders who say communique finalized by Lula ‘not strong enough’

The Guardian - US

G20 leaders’ statement ‘disappointing’ on Ukraine – No 10

Russia is a member of the G20, and minister of foreign affairs Sergei Lavrov has been at this week’s summit in Rio de Janeiro.

Evening Standard

Zelenskyy says North Korea may send 100k troops to Ukraine, as war reaches 1,000 days

President gives speech to European parliament urging nations to intensify military aid as Russia advances

The Guardian - UK

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Ukraine war briefing: Biden urges Xi to dissuade North Korea from deepening Russian support

In their final meeting, the US president pressed China’s leader to prevent North Korea from further escalation in Ukraine. What we know on day 998

The Guardian - AU

G7 backs Ukraine as Zelenskyy says he wants to end war next year

Ukraine president says Kyiv will do everything possible so war with Russia ends in 2025 ‘through diplomatic means’.

Al Jazeera

Shadow chancellor warns Reeves over EU ties after Bank chief says Brexit harming economy – as it happened

Mel Stride said there must be no suggestion of the UK going back into the EU single market or customs union

The Guardian - UK

Few expected Britain to boom but the GDP figures will worry the Treasury

Summer slowdown raises questions of whether Reeves’s bleak outlook in the run-up to the budget hindered growth

The Guardian - UK

UK mortgage rates rising; Meta fined for breaching EU antitrust rules – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Jet-setting Starmer graces Cop29 with bold claims and few plans

Prime minister stayed out of hot water by being short on detail – or opinions

The Guardian - UK

Labour advisers want lessons learned from Harris defeat: voters set the agenda

Focusing on joy over voters’ concerns about economy was Harris campaign’s downfall, some Labour insiders say

The Guardian - UK

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Al Jazeera

What does Trump 2.0 mean for US foreign policy?

Experts say Trump is likely to harden approach to Ukraine and China, and infuse more unpredictability in Middle East.

The Guardian - AU

Ukraine war briefing: First clash with North Korean troops, say Ukrainian officials

What was described as a ‘small engagement’ in Kursk opens a ‘new page in instability in the world’, says Zelenskyy. What we know on day 987

The Independent UK

North Korea’s troops heading to Ukraine’s frontline as cannon fodder: ‘They will surely be killed’

G7 nations say Russia’s deployment of North Korean troops is a sign of desperation as Vladimir Putin looks to plug troop losses

The Guardian - UK

Trump or Harris? Whoever wins will face a shift in power in the global economy

West’s dominance is being challenged, with Brics summit showing emerging markets are unwilling to bow to pressure

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The Guardian - UK

Thursday briefing: What you need to know about Rachel Reeves’s plans for the economy

In today’s newsletter: They spent weeks bracing the country for ‘tough decisions’, but in Labour’s first budget in 14 years, the chancellor adopted a slightly more optimistic tone

The Guardian - UK

Rachel Reeves didn’t scare the markets. But nor did she impress with a growth plan

Businesses adopt a wait-and-see response as it becomes clear the autumn budget is part of a long-term missionBusinesses react to

The Guardian - UK

Five key charts: what will underpin 2024 budget statement by Rachel Reeves?

Labour chancellor to deliver budget after speculation over tax rises, debt rule changes and promised end to austerity

International Business Times

G7 Finalize $50 Bn Ukraine Loan Backed By Russian Assets Profits

G7 leaders have finalized details surrounding a $50 billion loan to aid Kyiv, backed by profits from Russian sovereign assets frozen after its invasion of Ukraine, according to a statement released Friday.

Top News

G7 Allies Provide Billion In Loans To Ukraine

G7 allies to provide Ukraine billion in loans backed by frozen Russian assets, aiding in defense and reconstruction efforts.

Evening Standard

Report suggests Reeves could announce plans to change Britain’s debt rules

The Chancellor will be looking to raise up to £40 billion from tax hikes and spending cuts in order to avoid a return to austerity.

Al Jazeera

Biden announces $50bn G7 loan to Ukraine backed by frozen Russian assets

US Treasury Secretary Yellen says Russia will be ‘bear the costs of its illegal war, instead of taxpayers’ in the West.

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