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G7

G7 expresses ‘full support’ for Israel after Iran attack

by Ron Morgan
G7 expresses ‘full support’ for Israel after Iran attack

Washington: The leaders of G7 countries met virtually on Sunday and expressed “full solidarity and support to Israel and its people” and reaffirmed their “commitment towards its security”. “We, the …

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G7 ‘ready to take measures’ in response to further destabilisation by Iran

by Walter Watson
G7 ‘ready to take measures’ in response to further destabilisation by Iran

The G7 leaders said they will bolster “our cooperation to end the crisis in Gaza, including by continuing to work towards an immediate and sustainable ceasefire and the release of …

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Canada, other G7 leaders condemn Iran attack in meeting convened by Biden – National

by Vera Ward
Canada, other G7 leaders condemn Iran attack in meeting convened by Biden – National

U.S. President Joe Biden convened the Group of Seven advanced democracies on Sunday to coordinate a rebuke to Iran for its unprecedented and largely unsuccessful aerial attack on Israel and …

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Mainland China, G7 responses to Taiwan escalation would harm all parties, research finds

by Walter Watson
Mainland China, G7 responses to Taiwan escalation would harm all parties, research finds

“Just as theories of nuclear deterrence account for the concept of second-strike capabilities, so too must we consider economic retaliatory measures in assessing the deterrence character of sanctions.” Beijing sees …

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Opinion | China’s tech-sharing pivot in belt and road is in its best interests

by Walter Watson
Opinion | China’s tech-sharing pivot in belt and road is in its best interests

These include investments in and sharing expertise on renewable energy sectors such as solar and wind power, climate-friendly transport and green technology industries for mining, processing and manufacturing of minerals …

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EU takes first step to use profits from Russia’s frozen assets for rebuilding of Ukraine

by Walter Watson
EU takes first step to use profits from Russia’s frozen assets for rebuilding of Ukraine

Two thirds of these funds are in the EU with most of that held by Belgium’s clearing house Euroclear. So far, only taxes on the assets in Belgium have been …

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Ukraine war: Russia’s ‘ghost fleet’ is helping Moscow successfully skirt oil sanctions

by Walter Watson
Ukraine war: Russia’s ‘ghost fleet’ is helping Moscow successfully skirt oil sanctions

“It is not unusual, even before the war,” said KSE economist Elina Robakova. “The shadow fleet is also used to avoid the normal business model” such as high insurance costs, …

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Frozen Russian assets could be ‘easy’ Ukraine funding, says US special envoy

by Walter Watson
Frozen Russian assets could be ‘easy’ Ukraine funding, says US special envoy

The US special envoy for Ukraine’s economic recovery said on Monday that tapping frozen Russian assets would be an “easy” source of money for Kyiv, but the G7 must first …

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Canada, G7 banning direct import of Russian diamonds – National

by Vera Ward
Canada, G7 banning direct import of Russian diamonds – National

Canada and its G7 partners are banning the direct import of Russian diamonds, Foreign Affairs Minister Mélanie Joly announced Wednesday. The ban, which includes diamonds and diamond jewelry-related products, comes …

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G7 warns China on military activities in South China Sea, urges it to press Russia to exit Ukraine

by Walter Watson
G7 warns China on military activities in South China Sea, urges it to press Russia to exit Ukraine

While the Group of 7 leaders reaffirmed a commitment to building “constructive and stable relations with China”, they said Beijing must abide by international rules and address challenges like climate …

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