Tag: G7

• Saturday, March 20th 2021 - 08:44 UTC

  G7 finance ministers agree on “a new and sizeable” increase in IMF capital; US demands transparency

  

  REUTERS – The world's seven largest advanced economies have agreed to support the first expansion of the International Monetary Fund's reserves since 2009, a step meant to help developing countries cope with the coronavirus pandemic, Britain announced on Friday.

• Tuesday, January 26th 2021 - 08:58 UTC

  G7 will meet in June in Cornwall to make the future fairer, greener and more prosperous

  

  Prime Ministers and Presidents from the world’s leading democracies will come together in Cornwall, England in June to address shared challenges, from beating coronavirus and tackling climate change, to ensure that people everywhere can benefit from open trade, technological change, and scientific discovery.

• Monday, July 27th 2020 - 09:18 UTC

  Germany rejects Trump's proposal to invite Putin back to the Group of Seven

  

  Germany has rejected a proposal by US President Donald Trump to invite Russian President Vladimir Putin back into the Group of Seven (G-7) most advanced economies, German Foreign Minister Heiko Maas said in a newspaper interview published on Monday.

• Wednesday, April 15th 2020 - 13:14 UTC

  As demand from China and G7 members plunges, LAC faces sharp decline in growth, World Bank report

  

  The Latin America and Caribbean (LAC) region is seeing a sharp decline in growth due to the COVID-19 (coronavirus) crisis, which requires several policy responses to support the most vulnerable, avert a financial crisis, and protect jobs, according to a new report from the World Bank.

• Monday, March 16th 2020 - 11:19 UTC

  G7 global rescue: Fed cuts rates to almost zero and launches US$ 700bn stimulus program

  

  The US has cut interest rates to almost zero and launched a US$ 700bn stimulus program in a bid to protect the economy from the effect of coronavirus. It is part of a coordinated action announced on Sunday in the UK, Japan, the Eurozone, Canada, and Switzerland.

• Monday, February 3rd 2020 - 07:29 UTC

  G7 members will jointly address the coronavirus epidemic

  

  G 7 countries will discuss a joint response to the coronavirus epidemic, Germany's health minister said on Sunday. Jens Spahn said he had talked on the phone with his US counterpart and “we agreed that there should be a conference call, a discussion by G7 health ministers about this question with the aim of dealing with it together”.

• Friday, August 30th 2019 - 09:02 UTC

  Bolsonaro bans burning forests for 60 days, and insists Macron must apologize for calling him a liar

  

  Brazil's President Jair Bolsonaro signed a decree to ban burning throughout the country for two months, government sources said, as the authorities scramble to defuse the Amazon fires which have triggered a global outcry.

• Wednesday, August 28th 2019 - 09:34 UTC

  Bolivian president Morales welcomes the G7 tiny contribution to preserve the Amazon rainforest

  

  Bolivia's president Evo Morales gave a half-hearted welcome on Tuesday to a G7 pledge of US$20 million to fight the Amazon wildfires, describing it as “tiny.” An underwhelmed Morales said the aid from the most industrialized countries was part of the world's “obligation” to preserve the Amazon rainforest.

• Tuesday, August 27th 2019 - 09:57 UTC

  Brazil rejects G7 aid, and tells Macron to reforest Europe and to look after world heritage sites

  

  Brazil rejected aid from G7 countries to fight wildfires in the Amazon, with a top official telling French President Emmanuel Macron to take care of “his home and his colonies.”

• Tuesday, April 16th 2019 - 09:13 UTC

  Canada joins France, Germany and Japan at the Alliance for Multilateralism

  

  Canada has formally joined a German-French coalition aimed at saving the international world order from destruction by various world dictators and autocrats — and U.S. President Donald Trump.