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    Rich nations strike deal to tax big multinational companies

    05 Jun 2021

    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%.

    G7 finance ministers vow to impose cap on Russian oil price urgently

    02 Sep 2022

    The aim of the price cap on oil exports was to "stop an important source of financing for the war of aggression and contain the rise in global energy prices," German's finance minister said.

    France says G7 focused on containing risks of Facebook’s Libra

    17 Jul 2019

    Group of Seven finance ministers meeting in France this week will make it one of their priorities to contain the risks posed by new currencies such as Facebook’s Libra

    Important meeting

    13 Oct 2022

    The Group of 20 meeting on Thursday under the shadow of multiple crises, from Russia’s war in Ukraine to a global economic slowdown, on top of soaring inflation and climate change is the right step to address most-threatening issue the world is facing in present times (“G20 to meet under Ukraine war, inflation cloud,” Oct. 13, Gulf Today website).

    Money for Ukraine to top G7 agenda; inflation, food a concern

    19 May 2022

    Finance ministers and central bank governors of the United States, Japan, Canada, Britain, Germany, France and Italy — the G7 — will hold talks as Ukraine, invaded by Russia on Feb. 24, is struggling to fend off the attack.

    G7 fumbles for answers to economic volatility

    20 May 2022

    At the end of their two-day meeting at Petersberg in Germany, the G7 finance ministers issued a communique, which expresses concern over the ever-rising inflation in the developed economies and the efforts to anchor inflation expectations

    Discord dominates as world leaders head for G-7 meet

    23 Aug 2019

    French President Emmanuel Macron, the host of this weekend’s Group of Seven summit, has publicly expressed hope that the G-7 leaders will reaffirm a shared commitment to democratic ideals and multilateral cooperation in an era of political and economic turmoil. That’s probably wishful thinking.

    Mood optimistic ahead of G7 meet in Cornwall

    09 Jun 2021

    The upcoming G7 Summit in Cornwall, UK from June 11 to 13 is perhaps the first international event, in the backdrop of the continuing Covid pandemic, when the leaders from the worlds wealthiest countries — the US, Japan, Germany, the UK, France, Italy and Canada — will be meeting

    G7 ministers move closer to Russian assets deal to help Ukraine

    25 May 2024

    The challenge of finding more funds for Ukraine as it battles fresh territorial advances by Russia after more than two years of war has dominated a meeting of finance ministers from the world's richest democracies in the northern Italian city of Stresa.

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