G-7 announces oil price cap to undercut Russia war profits
Finance ministers from the G-7 are moving to weaken the Kremlin's huge energy profits that pay for its war on Ukraine.
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Finance ministers from the G-7 are moving to weaken the Kremlin's huge energy profits that pay for its war on Ukraine.
The Group of Seven rich democracies pledged to largely stop relying on coal and other fossil fuels to generate electricity by 2035.
G-7 finance ministers said they agreed to take concrete steps to deepen economic cooperation and respond together against Russia's invasion of Ukraine.
Russia's war in the 'breadbasket of Europe' threatens to cause widespread hunger particularly in Africa and the Middle East, the G-7 warned.
Confirmed cases of coronavirus worldwide topped 200 million with 4.25 million deaths, amid a surge in highly transmissible delta variant infections.
The G-7 summit wrapped up with vows to end the pandemic, fight climate change and incorporate U.S. President Biden's pledge to “build back better."
The U.S. and the U.K. signed a "revitalized" version of the 1941 Atlantic Charter to focus on 21st century risks such as cyber attacks and rising temperatures.
U.S. President Biden reconnected with NATO and the G-7 and told the Munich Security Conference "democratic progress is under assault" around the world.
The U.N. Security Council expressed 'deep concern' but did not condemn Myanmar's military coup while urging Aung San Suu Kyi's immediate release.
U.S. President Donald Trump told reporters will delay the annual G-7 summit until fall, after German Chancellor Angela Merkel declined an invitation.
The U.N.'s annual climate summit planned for November in Glasgow, Scotland, will be postponed for a year, due to the coronavirus pandemic.
World leaders joined forces for the launch of a European Union-led global pledging "marathon" that delivered promises of €7.4 billion for COVID-19 research.
G-7 finance chiefs vowed to safeguard their economies from the coronavirus outbreak, but did not offer specifics about what they might be prepared to do.
French President Emmanuel Macron put forward a new doctrine for France to lead the European Union in reducing the global threat of a nuclear arms race.
U.S. President Donald Trump sowed division with American partners before departing a NATO summit and leaving it to other leaders to put on a united front.
Amid a storm of bipartisan criticism, U.S. President Donald Trump rescinded his plan to host the G-7 summit at his own resort in 2020.