US 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 contrast with the go-it-alone approach of Donald Trump.
G7 finance ministers on Friday backed an extension of a G20 bilateral debt relief initiative for the world’s poorest countries, but said it must be revised to address shortcomings hindering its implementation.
The Amazon is burning. It’s been burning for years. Don’t you remember at school, your environmentally conscious teacher would sit your class down with a string of videos showing the devastation in one of the most incredible regions in the world? These videos would show the large-scale deforestation, would explain that the Amazon
Trump announced a rare backtrack Saturday night after facing accusations that he was using the presidency to enrich himself by hosting the international summit at a private resort owned by his family.
The Group of Seven foreign ministers' meeting in London was hit by a COVID-19 scare on Wednesday when India's foreign minister and his entire team said they were self-isolating after two delegation members tested positive.
The industry’s trade group, the International Air Transport Association, said Wednesday that governments should use screening measures, such as testing passengers for the virus, rather than imposing quarantines and other restrictions.
In a move that could raise hundreds of billions of dollars to help governments cope with the aftermath of COVID-19, the Group of Seven (G7) large advanced economies agreed to back a minimum global corporate tax rate of at least 15%.
US President Joe Biden and his colleagues from Britain, Canada, France, Germany, Italy and Japan will sit down for their first face-to-face gathering in nearly two years, after the pandemic wiped out last year's summit.
The official, who spoke to reporters on condition of anonymity, said the United States would also push the other G7 leaders for "concrete action on forced labour" in China, and to include criticism of Beijing in their final communiqué.