News | Latest Breaking News Stories & Headlines

US President Donald Trump steps off of Air Force One upon arrival at Calgary International Airport

G7 confronts Israel-Iran crisis as Trump dominates summit

Group of Seven leaders, including US President Donald Trump, are preparing to hold talks later in Canada, tackling issues including whether they can find common ground on an escalating conflict between Iran and Israel.

World • 16 Jun

The day began with an exchange of pleasantries and the traditional group photo in front of snow-capped mountains

G7 finance chiefs seek unity as Canada talks near end

Talks among G7 finance ministers faced challenges as the group worked to overcome divides on thorny issues like the impact of US President Donald Trump's tariffs and support for Ukraine.

World • 22 May

G7 members gather for a photo ahead of the talks

G7 finance talks begin under strain of US tariffs

G7 members have begun tough discussions in Canada, seeking to restore stability in the face of economic turbulence from US President Donald Trump's tariffs and to strengthen support for Ukraine.

Business • 22 May

Top finance leaders from the G7 nations are gathering in Banff in Canada today

G7 finance leaders meet with Ukraine, tariffs in focus

Top finance leaders from the G7 nations are gathering in Canada today, with concerns including war in Ukraine at the fore while the advanced economies grapple with fallout from US President Donald Trump's sweeping tariffs.

Business • 20 May

Volodymyr Zelensky has been invited to the G7 summit in June

Canada PM Carney invites Zelensky to G7 summit in June

Canada's Prime Minister Mark Carney has invited Ukrainian President Volodymyr Zelensky to the G7 summit in June in the western province of Alberta, a government official has said.

World • 17 Mar

The joint statement is aimed at showing G7 unity

G7 unites to back Ukraine, warns Russia of sanctions

Foreign ministers from the G7 nations have backed Ukraine's territorial integrity and warned Russia to follow Kyiv in accepting a ceasefire or face possible further sanctions.

World • 14 Mar

French President Emmanuel Macron, Italian Prime Minister Giorgia Meloni and US President Joe Biden watch a parachute drop at San Domenico Golf Club in Fasano, Italy

G7 leaders expected to recommit to Ukrainian support

The G7 leaders recommitted to support Ukraine "for as long as it takes", according to a draft statement from a summit.

World • 14 Jun 24

Leaders of the G7 at today's summit in Puglia, southern Italy

G7 leaders reach 'political deal' on new Ukraine funds

G7 leaders have agreed at a summit in Italy on a new $50bn loan for Ukraine using profits from frozen Russian assets, a US official said.

World • 13 Jun 24

Finance Ministers and Central Bank Governors at the G7 Finance Ministers meeting in Stresa, Italy

G7 finance summit seeking unity on Ukraine, China

Finance chiefs from the Group of Seven industrial democracies began a two-day meeting in Italy today seeking to present a common front on the need to provide a loan to Ukraine and oppose China's "unfair" industrial policies.

Business • 24 May 24

US Secretary of the Treasury Janet Yellen is at a G7 meeting of finance chiefs in Stresa in Italy

Yellen urges 'more ambitious' G7 plans for Russian assets

US Treasury Secretary Janet Yellen has today urged G7 ministers meeting in Italy to work on "more ambitious options" to use frozen Russian assets to help Ukraine.

Business • 23 May 24

US Treasury Secretary Janet Yellen is in Italy for G7 talks this week

G7 finance chiefs seek common line on Russian assets

G7 finance chiefs meeting in Italy this week will attempt to find common ground over how to use frozen Russian assets to help Ukraine's war effort and how to address China's growing export strength in key markets, officials said.

Business • 22 May 24

The G7 says it will 'phase out existing unabated coal power generation in our energy systems during the first half of 2030s'

G7 to phase out coal-fired power plants by mid-2030s

G7 energy and climate ministers agreed a time frame today for phasing out coal-fired power plants that are not equipped to capture emissions in a significant step towards curbing fossil fuel use.

Business • 30 Apr 24

The G7 held talks in Japan on the Middle East and Ukraine conflicts

G7 backs 'pauses' in Gaza war, affirms Ukraine support

G7 foreign ministers have said they support "humanitarian pauses and corridors" in the Hamas-Israel war but refrained from calling for a ceasefire.

World • 08 Nov 23

Japan's Prime Minister Fumio Kishida (C) hosts a working session as part of the G7 summit in Hiroshima

G7 calls for adoption of international standards for AI

The world must urgently assess the impact of generative artificial intelligence, G7 leaders said, announcing they will launch discussions this year on "responsible" use of the technology.

World • 20 May 23

Volodymyr Zelensky has been meeting G7 leaders in Japan

Zelensky meets G7 as Ukraine wins access to F-16s

Ukrainian President Volodymyr Zelensky has met with G7 leaders on a landmark visit to Hiroshima, securing long-sought access to US fighter jets and mounting a diplomatic offensive.

World • 20 May 23

Ukraine says the F-16s are far more effective than Soviet-era jets it currently has (File photo)

US backs F16 jets for Ukraine, Biden tells G7 leaders

US President Joe Biden has told G7 leaders that the United States will support providing advanced warplanes including F-16s to Ukraine and will back efforts to train Kyiv's pilots, a senior White House official has said.

World • 19 May 23

US President Joe Biden, left, and Fumio Kishida, Japan's prime minister, at the G7 meeting in Japan

G7 to weigh tighter sanctions on Russia

G7 leaders arrived in Hiroshima in Japan today to weigh tighter sanctions on Russia and protections against China's "economic coercion", surrounded by reminders about the harrowing cost of war.

Business • 18 May 23

Shunichi Suzuki, Japan's finance minister (M), Kazuo Ueda, governor of the Bank of Japan (R) at a news conference during the G7 finance ministers and central bank governors meeting in Niigata, Japan

G7 finance chiefs move to diversify supply chains

The G7 plans to launch a partnership scheme to diversify supply chains this year, the group's finance ministers said following talks in Japan ahead of a major summit next week.

World • 13 May 23

US Treasury Secretary Janet Yellen with Japanese Finance Minister Shunichi Suzuki (r) and Governor of the Bank of Japan Kazuo Ueda at the G7 meeting in Japan

US debt standoff overshadows G7 finance chiefs' meeting

A standoff in Washington over raising the US debt ceiling overshadowed a meeting of Group of Seven (G7) finance leaders starting today, heightening US recession fears as central banks seek a soft landing for the global economy.

Business • 11 May 23

Paschal Donohoe is President of the Eurogroup and Minister for Public Expenditure

Donohoe to represent Eurogroup at G7 meeting in Japan

President of the Eurogroup and Minister for Public Expenditure Paschal Donohoe is in Japan where he will take part in the G7 meeting of Finance Ministers and Central Bank Governors.

Business • 09 May 23

Japan's Minister of the Environment Akihiro Nishimura, left, and Japan's Minister of Economy, Trade and Industry Yasutoshi Nishimura attend the G7 Ministers' Meeting on Climate, Energy and Environment in Sapporo, Hokkaido

G7 pledges to quit fossil fuels faster, but no deadline

The G7 has pledged to quit fossil fuels faster and urged other countries to follow suit, but failed to agree to any new deadlines on ending polluting power sources like coal.

Climate Change • 16 Apr 23

Russian President Vladimir Putin meets with China's Director of the Office of the Central Foreign Affairs Commission Wang Yi at the Kremlin

Muted response to China calls for Russia-Ukraine talks

China has called for urgent peace talks as it released its plan to end the war in Ukraine, but several Western powers rebuffed the proposals while warning against Beijing's closening ties to Moscow.

Ukraine • 24 Feb 23

The OECD says the UK economy is expected to shrink by 0.4% in 2023 and grow by just 0.2% in 2024

UK to see biggest hit from energy crisis among G7

The UK economy will contract more than any of the world's seven most advanced nations next year as Britain suffers from painful inflation exacerbated by worker shortages and "untargeted" energy support, according to a report.

Business • 22 Nov 22

A soldier of Ukraine's 5th Regiment of Assault Infantry fires a US-made MK-19 automatic grenade launcher towards Russian positions

West plans more arms for 'brave' Ukraine

More than 50 Western countries have met to promise more weapons for Ukraine, especially air defences after Russia launched its most intense missile strikes since the war began.

Ukraine • 12 Oct 22

The US has led the push for an oil price cap at the gathering of the G7 club of rich nations

G7 to work to 'develop a price cap' on Russian oil

G7 leaders have agreed to work on a price cap for Russian oil, a US official said today, as part of efforts to cut the Kremlin's revenues.

Business • 28 Jun 22