Page 15 - G7 Summit

Dollar edges up 0.16% but cautious as finance ministers G7 meet

The dollar index - which measures the currency against six peers including the yen - ticked up 0.16% to 100.50, following its retreat in the previous session from a more than two-year peak of 101.03

G7 set to join hands on $18 billion aid for Ukraine defence: German FM

Germany's finance minister says the Group of Seven leading economies are set to agree on more than USD 18 billion in aid for Ukrainian defence efforts. Finance Minister Christian Lindner said in an interview with Bloomberg Television on Friday that Ukrainians resisting Russia's invasion are not only defending themselves, they are defending our values. A representative from the US Treasury Department declined to confirm the amount set to be allocated at a meeting of G-7 finance ministers in Germany, and a spokesman from the German finance ministry declined to comment to The Associated Press. US Treasury Secretary Janet Yellen and other leaders have spoken this week about the need for allies to put together enough additional aid to help Ukraine get through the Russian invasion.

G7 reaches agreements to phase out coal power generation: German minister

The pledge would mark the first commitment from the G7 to quit coal-fuelled power - use of which needs to decrease if the world is to avoid the worst impacts of climate change

US Prez Biden flying to Germany on June 25 for attending G7 summit

US President Joseph R Biden will travel to Schloss Elmau in southern Germany on June 25 to attend the Group of Seven (G7) Leaders' Summit, White House Press Secretary Karine Jean-Pierre said

G7 mulling Russian asset seizures to help rebuild Ukraine - German FinMin

Russians assets can be seized in order to rebuild Ukraine and mitigate the damage of the extensive war during the escalated conflict between Ukraine and Russia

TMS Ep164: LIC IPO, G7 summit invite, MGNREGS, Corbevax vaccine

What are the things investors should watch in the LIC IPO? Will an invite to the G7 summit impact India's foreign policy? Why did MGNREGS employment decline in April? What's Corbevax? All answers here

How will being invited to G7 summit impact India's foreign policy?

G7 leaders want to 'woo New Delhi away from Russia'. To this end, the German Chancellor has invited PM Modi to the G7 leaders' summit next month. What's going to be the outcome of this attempt

India visit will deepen strategic ties, British PM Johnson tells Parliament

This week, it is expected that the Russia-Ukraine conflict will feature prominently during the bilateral talks between the leaders when Johnson is in New Delhi on Friday

Vaccine economics: Only pros, no cons

Vaccines are an amazing deal. Use the market to deliver more, more quickly

Kissinger's monumental blunder

His suggested policies benefited China hugely

Best of BS Opinion: The search for news media, economic recovery & more

Here are the best of Business Standard's opinion pieces for Friday

India's pledge of good behaviour

Its endorsement of the G7's Open Societies Statement will give the world a larger say in human rights violations in the country

Protesters are not terrorists

Delhi High Court raises the bar on UAPA application

G7's Cornwall rendezvous

The group's relevance was tested again

Best of BS Opinion: New idea of India, BJP is as safe as a big bank & more

Here are the best of Business Standard's opinion pieces for Tuesday

A new idea of India

The values the G7 espouses must be followed

G7 pledges 870 mn Covid vaccine doses, half to be delivered by 2021-end

Leaders of G7 countries have agreed in an agreement at their summit to share at least 870 million doses of Covid-19 vaccines directly, at least half of which are to be delivered by the end of 2021

From Covid vaccine sharing to climate, G-7 talks yield agreements

The Group of Seven wealthy democracies have wrapped up their first face-to-face summit in two years at a seaside resort in southwest England. The leaders of the G-7 Canada, France, Germany, Italy, Japan, the United Kingdom and the United States made commitments on a range of topics, from sharing coronavirus vaccines to tackling climate change and making corporate taxation fairer. Their final agreement from the three-day meeting also included a section on challenging China over non-economic economic practices and calling on Beijing to respect human rights. Here are details on the key topics they covered: VACCINE SHARING The presidents and prime ministers committed to sharing at least 1 billion vaccine shots with struggling countries over the next year, with deliveries starting in August. U.S. President Joe Biden pledged 500 million doses. Britain and Canada committed to 100 million shots each, and France said it would pitch in with 60 million doses. However, the World Health ...

G7 agrees to boost climate finance, plans to meet $100 bn a year target

But climate groups said the promise made in the summit's final communique lacked detail and the developed nations should be more ambitious in their financial commitments

India gets wide support on TRIPS waiver for Covid-19 vaccines at G-7 meet

Cyberspace should not be a venue for subverting democratic values: PM