G7

After NATO, Biden turns to EU for renewal of transatlantic ties

U.S. President Joe Biden will intensify his post-Trump push to renew transatlantic relations on Tuesday, meeting with European Union leaders to cool trade tensions and join forces to beat COVID-19, uphold democracy and…

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G7 source praises Biden after ‘complete chaos’ of Trump

U.S. President Joe Biden brought a sharply different tone to the Group of Seven summit from his predecessor Donald Trump by allowing frank and collaborative discussion of global issues without…

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China denounces G7 statement, urges group to stop slandering country

China denounced on Monday a joint statement by the Group of Seven leaders that had scolded Beijing over a range of issues as a gross interference in the country's internal…

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France’s Macron spars with UK’s Johnson over Brexit geography

French President Emmanuel Macron stepped into the Brexit maelstrom on the sidelines of the Group of Seven summit by sparring with British Prime Minister Boris Johnson over the post-Brexit geography…

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UPDATED: G7 calls for study in China on COVID origins, agree on increased climate finance

Group of Seven leaders called for a transparent, science-based study, including in China, into the origins of COVID-19, to be convened by the World Health Organization, a draft communique showed.…

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Macron offers UK’s Johnson ‘Le reset’ if he keeps his Brexit word

French President Emmanuel Macron offered to reset relations with Britain as long as Prime Minister Boris Johnson stands by the Brexit divorce deal he signed with the European Union. Since…

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China cautions G7: ‘small’ groups don’t rule the world

China on Sunday pointedly cautioned Group of Seven leaders that the days when "small" groups of countries decided the fate of the world was long gone, hitting back at the…

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UPDATED: G7 provides 1 billion COVID vaccine doses, will work to give more – communique

Group of Seven countries will provide 1 billion COVID-19 vaccine doses over the next year and work with the private sector, the G20 and other countries to increase the contribution…

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White House says G7 leaders will endorse proposed 15% global minimum corporate tax

G7 leaders meeting in Britain will endorse U.S. President Joe Biden's proposal for global minimum tax of at least 15% on corporations, White House national security adviser Jake Sullivan said…

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What is on the G7 summit agenda?

Leaders of the Group of Seven (G7) wealthy nations begin a three day meeting in Cornwall, England, on Friday, discussing issues ranging from COVID-19 vaccines and economic recovery to climate…

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UPDATED: G7 to donate 1 billion COVID-19 vaccine doses to poorer countries

British Prime Minister Boris Johnson expects the Group of Seven to agree to donate 1 billion COVID-19 vaccine doses to poorer countries during its summit starting on Friday, and help…

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Biden’s to-do list on foreign trip: Rally allies against COVID, Putin

President Joe Biden’s meeting with leaders of the G7 leading industrial economies in an English seaside village this week will usher in a new focus on rallying U.S. allies against…

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UPDATED: UK pushes for financial services to be exempt from G7 global tax plan

British finance minister Rishi Sunak is pushing for financial services firms to be exempt from a new global tax system which was agreed last week by the Group of Seven…

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Big vs Small – How bigger countries’ tax deal will reveal rift in Europe

A global deal on corporate tax looks set to bring to a climax a deep-seated European Union battle, pitting large members Germany, France and Italy against Ireland, Luxembourg and the Netherlands. Although the smaller EU…

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British ‘Treasure Island’ tax havens face a tempest

Britain's exotic network of "Treasure Island" tax havens could be facing the biggest threat to its existence in half a century after the United States and its allies pledged to squeeze more tax out of…

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Swiss government says will remain business friendly after G7 tax deal

Switzerland will make sure it remains attractive to business, the government said, after Group of Seven (G7) nations reached a landmark deal to reduce the incentive of multinational companies to…

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Ireland confident G7 tax deal won’t dent multinational investment

Ireland’s finance minister said he remained confident the country’s low-tax economy would continue to attract multinational investment and jobs even as an overhaul of global corporation tax rules moved a…

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UPDATED: Cyprus Finance Minister says G7 tax stance may not directly affect it

A decision by the Group of Seven to impose a global minimum tax rate does not seem to directly affect Cyprus, its Finance Minister Constantinos Petrides said on Monday. In…

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Ireland confident G7 tax deal won’t dent multinational investment

DUBLIN, June 5 (Reuters) - Ireland's finance minister said he remained confident the country's low-tax economy would continue to attract multinational investment and jobs even as an overhaul of global corporation tax rules moved a major step closer on…

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UK’s Johnson calls on G7 to vaccinate world by end of 2022

British Prime Minister Boris Johnson on Saturday called for leaders of the Group of Seven (G7) rich nations to make a commitment to vaccinate the entire world against COVID-19 by the end of 2022 when they meet in Britain next…

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UPDATED: G7 finance ministers agree global minimum tax of at least 15%

A group of the world's richest nations reached a landmark deal on Saturday to close cross-border tax loopholes used by some of the world's biggest companies. The Group of Seven…

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What is a global minimum tax and what will it mean?

Finance Ministers from the Group of Seven (G7) rich nations have said they are close to a landmark accord setting a global minimum corporate tax rate, an agreement that could…

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UPDATED: G7 nations near historic deal on taxing multinationals

Group of Seven rich nations will seek to overcome long-standing differences on Saturday and strike a landmark deal to close the net on large companies that they say do not…

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G7 nations ‘just one millimetre’ from historic corporate tax deal

Some of the world's richest nations are within touching distance of a historic deal to close the net on large companies which do not pay their fair share of tax,…

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UK’s Heathrow Airport to use renewable jet fuel for first time

Britain's Heathrow Airport will use sustainable jet fuel for the first time as part of a test ahead of a Group of Seven (G7) rich nations summit in the country…

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Britain hosts G7 health summit amid pressure to broaden COVID vaccine access

Britain will host health ministers from the Group of Seven (G7) rich countries in Oxford on Thursday for a two-day summit, as pressure intensifies to do more to broaden access…

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G7 is close to agreement on taxation of world’s largest companies -FT

Group of Seven countries are close to reaching agreement on the corporate taxation of multinationals, clearing the way for a global deal later in the year, the Financial Times reported.…

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In climate push, G7 agrees to stop international funding for coal

The world’s seven largest advanced economies agreed to stop international financing of coal projects that emit carbon by the end of this year, and phase out such support for all…

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G7 should invest $1 trillion per year for sustainable COVID recovery

G7 countries should invest $10 trillion to stoke an investment-driven recovery that puts COVID-19 vaccines in arms and triggers a sweeping energy transformation to slow climate change, according to a…

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China condemns G7 statement censuring Beijing, supporting Taiwan

China condemned on Thursday a joint statement by G7 foreign ministers that expressed support for Chinese-claimed Taiwan and cast Beijing as a bully, saying it was a gross interference in…

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UPDATED: G7 scolds China and Russia over threats, bullying, rights abuses

LONDON, May 5 (Reuters) - The Group of Seven scolded both China and Russia on Wednesday, casting the Kremlin as malicious and Beijing as a bully, but beyond words there…

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Britain hosts first G7 foreign ministers meeting since start of pandemic

Foreign ministers of the G7 rich countries gather in London on Monday for their first in-person meeting since the COVID-19 pandemic began, with British host Dominic Raab opening with talks…

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Japan gets unanimous G7 support for this summer Olympics

TOKYO (Reuters) - Japanese Prime Minister Yoshihide Suga said on Saturday Group of Seven leaders gave unanimous support for his bid to hold the Tokyo Olympics this summer, as the…

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Biden draws sharp contrast with Trump in presidential debut on world stage

WASHINGTON, Feb 19 (Reuters) - U.S. President Joe Biden on Friday drew a sharp contrast with the foreign policy of his much-derided predecessor, Donald Trump, and urged democracies to work…

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Biden to debut at G7

Joe Biden will attend his first meeting as U.S. president with Group of Seven leaders on Friday to discuss plans to defeat the novel coronavirus, reopen the battered world economy…

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UK’s Johnson to host virtual G7 meeting to push for global vaccine roll-out

British Prime Minister Boris Johnson will host a virtual meeting of G7 leaders next week to call for action to ensure equal global distribution of COVID-19 vaccines, and to prevent…

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U.S. tells G7 that it is back at the table to help with global recovery

U.S. President Joe Biden's administration told allies on Friday it was re-engaging with them to help steer the global economy out of its worst slump since the Great Depression, a…

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U.S. seeks to build bridges on global economy

Global finance chiefs meet on Friday for the first time since Joe Biden replaced Donald Trump as U.S. president, vowing to rebuild bridges with allies to steer the world economy…

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G7 foreign ministers condemn Navalny’s ‘confirmed poisoning’

The Group of Seven foreign ministers condemned the “confirmed poisoning” of Kremlin critic Alexei Navalny in the strongest terms, according to a statement released by the U.S. State Department. “We,…

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Germany against US push to let Russia back into G7

Germany has rejected a proposal by U.S. President Donald Trump to invite Russian President Vladimir Putin back into the Group of Seven (G7) most advanced economies, German Foreign Minister Heiko…

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UK leads fall in global trust in government COVID responses

People across almost all the world's leading rich economies have turned more sceptical about their governments' handling of the coronavirus pandemic with confidence slumping the most in Britain, a survey…

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G7 summit delayed, Trump to invite other countries

US President Donald Trump said Saturday he will delay the G7 summit scheduled to take place in June and invite other countries -- including Russia -- to join the meeting.…

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Merkel refuses Trump’s G7 US meeting invite – POLITICO

German Chancellor Angela Merkel has refused to accept U.S. President Donald Trump's invitation to attend an envisaged summit of the Group of Seven (G7) in the United States, Politico reported…

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Trump to convene G7 leaders in video call to discuss pandemic

U.S. President Donald Trump will hold a video teleconference with G7 leaders on Thursday to coordinate national responses to the coronavirus outbreak, the White House said. Trump, who is…

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G7 nations falling behind in fight against corruption

The governments of the top world economies are struggling to combat corruption, according to a report Thursday by graft watchdog Transparency International (TI). The annual Corruption Perceptions Index (CPI) saw…

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Trump abandons plan to host G7 summit at his Miami golf course

US President Donald Trump has abandoned plans to host next year's G7 summit at one of his resorts in Florida after bipartisan criticism. In a series of late tweets, Trump…

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Unity is the only way forward for Europe

French President Emmanuel Macron stood in front of reporters last week and declared the gathering of seven key power players in South-West France to have gone “according to plan”. The…

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Boris Johnson informs Erdogan about G7 summit outcomes

Boris Johnson has spoken to Turkish president Erdogan today following the G7 summit at the weekend. A Downing Street spokesperson said: "The prime minister updated president Erdogan on the G7. "On Iran,…

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Brazil makes U-turn on international aid offer for Amazon

Brazil appears to have backtracked on its rejection of G7 funds to fight the Amazon forest fires, saying it will accept as long as it has control over how the…

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Brazil refuses ‘colonial’ aid from G7 to combat Amazon fires

Brazil on Monday rejected aid from G7 countries to fight wildfires in the Amazon, with a top official telling French President Emmanuel Macron to take care of "his home and…

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US – Iran summit possible within few weeks – Macron

Emmanuel Macron has said that a French diplomatic initiative could lead to a summit between the US and Iranian presidents “within a few weeks”. Macron made the announcement at a…

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G7 to release funds to fight fires in the Amazon

International leaders at the G7 summit have agreed to provide logistical and financial support to help fight fires in the Amazon rainforest. French President Emmanuel Macron said G7 countries would…

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Trump says he does not want regime change in Iran

U.S. President Donald Trump said on Monday he wanted to see a strong Iran and was not seeking a change of leadership in Tehran, adding that the standard of living…

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G7 leaders close to agreeing plan to help the Amazon

International leaders gathering at the G7 summit are reportedly nearing an agreement to help fight fires in the Amazon rainforest. French President Emmanuel Macron said on Sunday a deal to…

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Iranian foreign Minister in surprise visit to G7 meeting

Iranian Foreign Minister Mohammad Javad Zarif arrived Sunday in the French city of Biarritz, where a G7 summit of world leaders is taking place, for talks with his French counterpart…

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Joint Statement following meeting between the British PM and the US President in Biarritz

The Joint Statement following the meeting of US President Donald J. Trump and Prime Minister Boris Johnson during the G7 meeting in Biarritz France. Today, President Donald J. Trump…

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UK offers education lifeline to 600,000 children living in conflict zones

Children in the world’s most dangerous countries will be given the chance to go to school for the first time thanks to £90m of UK aid funding, the British Prime…

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