G7

page 2

G7 demands oil from OPEC

G7 demands oil from OPEC

G7 energy ministers have called on the Opec group of oil producing countries to pump more oil

G7 commits to decarbonizing electricity by 2035

The G7 agreed on Friday to achieve "predominantly decarbonized" electricity sectors by 2035, a goal that experts say is a major step in helping the world avert catastrophic climate change. The G7 nations made the new pledge in …

G7 finance ministers and central bankers to meet on April 20

G7 finance ministers and central bankers to meet on April 20

On April 20, Washington will host a meeting of finance ministers and heads of central banks of the G7 member countries. The officials will discuss the possibility of increasing sanctions pressure on Russia in connection with the …

G7 member-states to ban new investments to Russia

G7 member-states to ban new investments to Russia

Member-states of the Group of Seven (G7) will ban all investments in Russia and will expand export and import restrictions, G7 leaders said in their statement posted on Thursday. "We are therefore banning new investment in key …

Scholz: G7 to respond with more sanctions if needed

Scholz: G7 to respond with more sanctions if needed

The Group of Seven wealthy nations are all committed to fully implementing agreed sanctions measures on Russia and will respond with further sanctions if necessary, German Chancellor Olaf Scholz said on Thursday. "That is a strong …

Group of Seven to hold meeting over Ukraine

Group of Seven to hold meeting over Ukraine

The Group of Seven (G7) industrialised nations will hold an online meeting after 12:00 GMT to discuss Russia's actions in Ukraine, Japanese Finance Minister Shunichi Suzuki said on Wednesday. Suzuki, who made the comment in …

G7 to cut some Russian banks from SWIFT

G7 to cut some Russian banks from SWIFT

Group of Seven (G7) leaders said that western allies had decided to cut off “certain Russian banks” from the worldwide interbanking communication system called SWIFT. The statement, in a joint declaration published by the …

G7 Foreign Ministers declare support for Ukraine

G7 Foreign Ministers declare support for Ukraine

German Foreign Minister Annalena Baerbock said that the G7 participants were in solidarity with Ukraine. The parties agreed to maintain contact on this subject.  "We met today to express solidarity with …

G7 ready to introduce sanctions against Russia

G7 ready to introduce sanctions against Russia

Countries of the Group of Seven (G7) are ready to introduce sanctions against Moscow leading to ‘massive’ economic consequences in case of Russian invasion of Ukraine, G7 finance ministers said in a statement posted on Monday on the …

German FM doesn't see swift Russian return to G7

German FM doesn't see swift Russian return to G7

German Foreign Minister Annalena Baerbock says she cannot see Russia returning to the Group of Seven industrialized nations in the foreseeable future. "It is of course very painful that Russia has excluded itself from this circle …

G7 calls Omicron ‘biggest threat’ to global health

G7 calls Omicron ‘biggest threat’ to global health

The G7 called the Omicron variant the "biggest current threat to global public health", saying its emergence meant it was "more important than ever" for countries to "closely cooperate". "Deeply …

UK to host G7 foreign and development ministers in December

UK to host G7 foreign and development ministers in December

Britain will host foreign and development ministers from the G7 group of industrialised nations and from the Association of Southeast Asian Nations (ASEAN) at a summit in Liverpool from Dec. 10 to Dec. 12, it said on Monday. The summit …