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The Latest Breaking News from Group of Seven

US, Allies to Set Russia Oil Price Cap in 'Next Few Days'

Washington and its allies are planning to finalize a price cap for Russian oil in "the next few days," as they seek to cut off a critical source of funding for Moscow, the US Treasury Department said Tuesday. The price cap would be the basis for a ban set to…

Asharq Al-Awsat

U.S says G7 should soon unveil price cap level on Russian oil, adjust regularly

The Group of Seven nations should soon announce the price cap on Russian oil exports and the coalition will probably adjust the level a few times a year rather than monthly, a senior U.S. Treasury official said on Tuesday.

Reuters

G7 calls for 'significant' U.N. response to North Korea missile launches

The United Nations' Security Council needs to take "significant measures" in response to the latest intercontinental ballistic missile launch by North Korea, foreign ministers of the Group of Seven (G7) major industrialised nations said on Sunday.

Reuters

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Biden convenes ‘emergency’ G7 and Nato meeting after Russian-made rockets strike Poland

Rishi Sunak at US president’s side as G20 summit in Indonesia overshadowed by missile assault

The Independent UK

Insurance fund for climate impacts announced at UN talks

The Group of Seven leading economies launched a new insurance system Monday to provide swift financial aid when nations are hit by devastating effects of climate change

The Independent UK

Germany to discuss Russian war crimes prosecution with G7 - justice minister

The justice ministers of the Group of Seven (G7) industrialised nations will focus on ways to prosecute suspected Russian war crimes at their meeting in Berlin later this month, the German justice minister said in a media interview published on Friday.

Reuters

G7 Denounces ‘Brutal’ Iran Protest Crackdown

Foreign ministers from the Group of Seven (G7) industrialized nations condemned on Friday Tehran’s response to a wave of protests in Iran sparked by the death of young Kurdish woman Mahsa Amini. They threatened the Iranian regime to continue to use all available diplomatic measures to hold the authorities accountable,…

Asharq Al-Awsat

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Blinken says G7 is clear-eyed about need to align on China

U.S. Secretary of State Antony Blinken said on Friday the Group of Seven countries (G7) is clear-eyed about the need to align their approach on China.

Reuters

G7 focusing more support on helping Ukraine protect against energy grid attacks

U.S. Secretary of State Antony Blinken on Friday said the Group of Seven countries is focusing more of its security support on helping Ukraine protect against Russia's attacks on its energy grid.

Reuters

G7 ministers: severe consequences if Russia uses nuclear or chemical weapons

The foreign ministers of the Group of Seven economic powers said on Friday any use of chemical, biological, or nuclear weapons by Russia would be met with severe consequences, and renewed their call on Moscow to end the war in Ukraine.

Reuters

Taiwan Strait issues must be resolved peacefully, say G7 foreign ministers

Top diplomats from the Group of Seven (G7) countries reaffirmed the importance of peace and stability across the Taiwan Strait and said they would continue to aim for constructive cooperation with China in a joint statement released on Friday.

Reuters

Hayashi, Blinken condemn North Korea

MUNSTER, Germany -- Foreign Minister Yoshimasa Hayashi and U.S. Secretary of State Antony Blinken strongly condemned the latest round of North Korean ballistic missile launches on the sidelines of a Group of Seven foreign ministers' meeting in Munster, Germany.

The Japan News/Yomiuri

G7 agreed on need for coordination mechanism to repair Ukraine infrastructure

Group of Seven foreign ministers agreed on the need for a coordination mechanism to help Ukraine repair, restore and defend its critical energy and water infrastructure, a senior State Department official said on Friday.

Reuters

Exclusive-G7 coalition has agreed to set fixed price for Russian oil -sources

The Group of Seven rich nations and Australia have agreed to set a fixed price when they finalize a price cap on Russian oil later this month, rather than adopting a floating rate, sources said on Thursday.

Reuters

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Reuters

U.S.'s Blinken to travel Germany for G7 meeting -statement

U.S. Secretary of State Antony Blinken will travel to Germany this week to meet with his counterparts in the Group of Seven to discuss Russia's invasion of Ukraine, climate change, energy and other issues, the State Department said on Tuesday.

Asharq Al-Awsat

G7 Condemns Russia’s Kidnapping of Ukraine Nuclear Plant Leadership

The Group of Seven (G7) industrialized nations condemned Russia's kidnapping of the Zaporizhzhia nuclear power plant leadership and called for the immediate return of full control of the plant to Ukraine. "We condemn Russia's repeated kidnapping of Ukrainian ZNPP (Zaporizhzhia nuclear power plant) leadership and staff," G7 Nonproliferation Directors General…

Reuters

Exclusive-U.S. says Russia oil price cap will not be aimed at OPEC

New steps from Group of Seven countries to cap Russian oil sales at an enforced low price will not be replicated against OPEC producers, whose plans to cut output have irked consumer countries, a United States Treasury official told Reuters.

Reuters

Germany's Lindner: Ukraine can rely on G7 finance support in times of war

Leaders from the Group of Seven (G7) rich nations have assured Ukrainian officials that they will continue to provide financial support for Ukraine as it battles invading Russian forces, Germany's finance minister said on Thursday.

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Reuters

G7 finance leaders pledge to intensify climate efforts despite war challenges

Finance leaders from the Group of Seven wealthy democracies on Wednesday pledged to increase emissions reductions efforts and climate support for developing countries despite energy cost and security challenges prompted by Russia's war in Ukraine.

Tribune News Service

G-7 leaders pledge to support Ukraine ‘for as long as it takes’

Group of Seven leaders vowed to support Ukraine “for as long as it takes” and condemned Russia’s recent steps to escalate its war there “in the strongest possible terms.”

The Independent UK

G7 leaders pledge to ‘stand firmly with Ukraine for as long as it takes’ after Russian attacks

The leaders say they will continue to provide Kyiv with ‘financial, humanitarian, military, diplomatic and legal support’

Reuters

Zelenskiy to G7: give us enough air defences to stop main Russian threat

Ukrainian President Volodymyr Zelenskiy on Tuesday called on the leaders of the Group of Seven (G7) nations to give Ukraine enough air defence capabilities to stop Russia.

Al Jazeera

Zelenskyy asks for ‘air shield’ as G7 pledges continued support

Ukrainian president, G7 leaders meet a day after Russian missiles rain down on Ukrainian cities.

Reuters

Factbox-What is the G7, who are its members, and what does it do?

Leaders of the Group of Seven (G7) wealthy nations will hold a call on Tuesday with Ukrainian President Volodymyr Zelenskiy, a day after Russia fired cruise missiles at cities across Ukraine during rush hour.

Reuters

Biden, G7 to hold virtual meeting Tuesday on Ukraine support - White House

U.S. President Joe Biden and Group of Seven (G7) leaders will hold a virtual meeting on Tuesday to discuss their commitment to support Ukraine and hold Russian President Vladimir Putin accountable for Russia's aggression, including its recent missile strikes across Ukraine, the White House said.

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