G7 leaders to attend G20 summit
German Chancellor Olaf Scholz said that “as things stand today” all G7 leaders would attend the G20 summit in Indonesia this November even if Russian President Vladimir Putin participated. The Kremlin said …
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Macron: UAE, Saudi can barely raise oil output
Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron said he had been told by the UAE's president. Saudi Arabia and the UAE have been perceived …
G7 to hike sanctions on Russia
The Group of Seven rich democracies will commit on Tuesday to a new package of coordinated actions meant to raise pressure on Russia, and will finalise plans for a price cap on Russian oil, a senior U.S. official said on Monday. G7 …
G7 nations to announce import ban on Russian gold
The G7 Group of developed nations will announce a ban on Russian gold imports in broader sanctions on Moscow over the conflict in Ukraine, U.S. President Joe Biden said. "Together, the G7 will announce that we will ban the import …
G7 nations to undertake to help Ukraine indefinitely
The Group of Seven nations will undertake to support Ukraine indefinitely, Bloomberg said on Sunday citing a draft statement. According to the document, the G7 nations will continue to offer financial, humanitarian, military and …
G7 summit protests kick off in Munich
Thousands of protesters took to the streets of Munich prior to the G7 summit, the Welt TV channel informs. Earlier, the police reported that over 20,000 people would take part in the protests. So far, there is no official …
G7 summit to focus on Russia sanctions
Leaders of the Group of Seven (G7) nations will focus on Ukraine at the upcoming summit in Germany as they discuss how to proceed with sanctions against Russia, a German government source said on Monday. The talks will also focus on the …
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 commits to phase out its dependency on Russian energy sources
The Group of Seven has committed to gradually put an end to its dependence from imports of Russian energy source, according to a G7 statement released on Sunday after a virtual meeting of the G7 leaders with Ukrainian President Vladimir …
Biden to talk with G7 leaders this week about further sanctions on Russia
U.S. President Joe Biden on Wednesday said he would speak with other leaders from the Group of Seven advanced economies this week about potential additional sanctions against Russia. Biden told reporters, "We're always open to …
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
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 …
G7 member states to up pressure on Russia imposing new restrictive measures
Group of Seven (G7) member states will continue exerting pressure on Russia by imposing extra restrictive measures, according to a statement by G7 top diplomats published on Thursday following a meeting on the sidelines of a NATO ministerial …
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
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
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 …
Biden: G7 leaders agree on 'devastating packages' of Russia sanctions
U.S. President Joe Biden said G7 leaders had agreed to move forward on "devastating packages of sanctions" and other economic measures to hold Russia accountable for its invasion of Ukraine. "This morning, I met with my …
Foreign Ministers of G7 countries to hold meeting to discuss Russia's actions
The foreign ministers of the G7 countries will hold an online meeting on the Russia-related "crisis". This is stated in a message posted on the German Foreign Ministry’s Twitter page. "Foreign Minister Baerbock …
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 …
