The International Monetary Fund (IMF) announced Friday a series of cuts on overcharges to countries heavily in debt, which, albeit moderate, could benefit Argentina among other nations. Such an initiative had been resisted in the past by Washington and other G7 nations but things have changed considerably at a global level.
The international community keeps harboring doubts as to the authenticity of the rsults for the Venezuelan presidential elections announced in Caracas by the National Electoral Council (CNE) on Sunday. A joint statement was issued Wednesday in this regard by the foreign ministers of the seven countries making up the G7, arguably the strongest nations from an economic viewpoint which also enforce democratic principles while the Carter Center, one of the observers participating in the process, admitted it could not be considered democratic.
Brazilian President Luiz Inacio Lula da Silva will be attending this week's G7 Summit in Borgo Egnazia at the invitation of Prime Minister Georgia Meloni with a mission to focus on social inclusion and climate change, Agencia Brasil reported.
In the end, Brazilian President Luiz Inácio Lula da Silva did not get together with his Ukrainian colleague Volodymyr Zelensky during the weekend as they were both attending the G7 Summit in Hiroshima as guests. “I think he was disappointed,” Zelensky said Sunday in an ironic tone. The meeting was officially requested by Ukraine on Friday (19/5).
The leaders of the Group of Seven, G7, major industrial countries on Friday vowed to tighten sanctions on Russia. During talks in the Japanese city of Hiroshima, they vowed: to stand together against Russia's illegal, unjustifiable, and unprovoked war of aggression against Ukraine.
Brazilian President Luiz Inácio Lula da Silva met Saturday in Hiroshima with Japanese Prime Minister Fumio Kishida ahead of the G7 Summit to discuss further cooperation between the two countries, Agencia Brasil reported. Both leaders agreed to expand bilateral trade and combat climate change, among other issues.
China became a controversial topic in discussions on Monday as the foreign ministers of the Group of Seven (G7) major economies gathered in Japan for a second day of talks, with the European Union divided as to how react to a Taiwan major conflict.
To mark the first anniversary of Russia's military deployment in Ukraine, all G7 ambassadors to Buenos Aires issued a joint statement condemning President Vladimir Putin's move and reiterating their countries' full support to Kyiv.
The announced threatening actions by the People's Republic of China, particularly live fire exercises and economic coercion risk unnecessary escalation in the Taiwan Strait,” points out a joint statement released on Wednesday by the foreign ministers of G7 countries and the High Representative of the EU.
Argentine President Alberto Fernández Monday told attendees at the G7 Summit in Elmau, Germany, that tax havens “generate social hells,” and called for a new international financial architecture that would be inclusive of “the peripheries of the world.”