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Tag Archives: G7 summit

G7 summit ends in quarrels and problems

FASANO, Italy | Xinhua | The Group of Seven (G7) Summit concluded on Saturday with member countries each having their own strategic considerations, which makes the next steps uncertain. During the drafting process, the joint communique issued on Friday afternoon sparked intense debates and disagreements among the G7 members. RUBBER …

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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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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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