G7 unhappy with attacks on Israel, calls for restraint

Leaders of G7 nations on Sunday condemned Iran’s unprecedented attack on Israel and called for “restraint” from all sides. “We unanimously condemned Iran’s unprecedented attack against Israel”, European Council President Charles Michel wrote on X, formerly Twitter, following video talks. “We will continue all our efforts to work towards de-escalation. Ending the crisis in Gaza … Continue reading G7 unhappy with attacks on Israel, calls for restraint

G7 warms China to embrace peace

The G7 group of economically strong democracies has unequivocally called on China to respect international rules. “We remind China of the need to uphold the purposes and principles of the UN Charter and abstain from threats, coercion, intimidation, or the use of force,” states a joint declaration adopted on Tuesday at the end of the … Continue reading G7 warms China to embrace peace

BRICS’ GDP, potential currency a challenge to US dollar dominance

In an economic development that hasn't received much attention in the Western media, the GDP of the BRICS nations has surpassed that of the G7. That news, coupled with plans by the BRICS (Brazil, Russia, India, China and South Africa) nations to create their own currency later this year presents a challenge to the US … Continue reading BRICS’ GDP, potential currency a challenge to US dollar dominance

G7 warn China over Taiwan

The G7 countries have called on China not to unilaterally change the status quo by force in the Taiwan Strait and beyond, and to resolve cross-Strait differences by peaceful means. In a statement, the G7 Foreign Ministers of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States of America, and the High Representative of … Continue reading G7 warn China over Taiwan

Ukraine crisis: G7 Members plan to impose more sanctions on Russia

SUMMARY  Russian President Vladimir Putin said at the military parade in Moscow's Red Square that the operation in Ukraine was necessary and "timely," and had been provoked by the West. He said NATO and Ukraine were creating threats on the Russia borders that are "unacceptable to us."  - Ukrainian president Volodymyr Zelenskyy met virtually with … Continue reading Ukraine crisis: G7 Members plan to impose more sanctions on Russia

The Queen and Royal Family host G7 leaders

The Queen and senior members of the royal family have gathered at the Eden Project where they are hosting a joint dinner for the leaders of the G7. The monarch was joined by the Prince of Wales, the Duchess of Cornwall and the Duke and Duchess of Cambridge as they welcomed the leaders of the … Continue reading The Queen and Royal Family host G7 leaders

How the new global taxation rate will affect tax havens

Finance ministers from wealthy G7 nations on Saturday endorsed a global minimum corporate tax of at least 15 percent, rallying behind a U.S.-backed plan targeting tech giants and other multinationals accused of not paying enough. The G7 deal for a minimum global corporate tax of at least 15 percent is a "historic step" in the … Continue reading How the new global taxation rate will affect tax havens