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Tag Archives: G7 summit

G7 summit concludes, pledging new sanctions on Russia

Elmau, Germany | Xinhua | The leaders of the Group of Seven (G7) nations vowed to “continue to impose severe and immediate economic costs” on Russia at the conclusion of their three-day summit on Tuesday. They said they were seeking to impose a “price cap” on Russian oil, but no specific …

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WHO reports record virus cases as Trump mulls in-person G7

Washington, United States | AFP |  The World Health Organization has reported the largest single-day increase in coronavirus cases, as US President Donald Trump proposed hosting world leaders for the annual G7 summit as a sign of “normalization.” The WHO said Wednesday that more than 106,000 virus cases had been reported …

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Equities, yuan take hit as Trump dials up trade war with China

Hong Kong, China | AFP | Asian equity markets tanked and the yuan hit an 11-year low Monday after US President Donald Trump ramped up his trade war with China by hiking tariffs on more than half-a-trillion dollars worth of imports. However, dealers pared earlier steep losses after the president said …

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Johnson seeks to push Trump at fractious G7

Biarritz, France | AFP |  British Prime Minister Boris Johnson will on Sunday seek to persuade President Donald Trump to offer flexibility on trade and also win concessions from the EU on Brexit, at a G7 summit hosted by France marked by stark divisions. Johnson was to hold his long-awaited first …

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