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Europe News

Iran and Ukraine wars 'very much interlinked' by Russia, Kallas warns

"We can't forget about Ukraine," High Representative Kaja Kallas has said as the war in the Middle East leads the geopolitical agenda at G7 meeting.

Earth News

‘Cashing in on a crisis’: G7 urged to tax fossil fuel windfall profits

As Europeans brace for higher oil and gas prices, G7 nations are being urged to tax fossil fuel giants profiting from the war on Iran.

World News

France's Macron opposed to lifting sanctions against Russia

French President Emmanuel Macron also said he had "no confirmation" Iran was laying sea mines in the Strait of Hormuz.

Economy

IEA approves historic 400m barrel oil release amid Iran crisis

The 32-member International Energy Agency has unanimously agreed to release 400 million oil barrels from its global strategic reserves in an attempt to prevent supply disruptions and ease market fears caused by Iran war shortages.

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Europe News

EU won't 'shy away' from new sanctions on Russia if G7 deal fails

Economy Commissioner Valdis Dombrovskis said a G7 deal is not an "absolute precondition" for a full ban on maritime services for Russian tankers. Brussels wants the new sanctions approved by 24 February.

17 February 2026

Canada

G7 foreign ministers show support for Ukraine after talks in Canada

The G7 ministers said in a joint statement at the conclusion of the two-day gathering that they are increasing the economic costs to Russia and exploring measures against those who finance Russia’s war efforts.

13 November 2025

Canada

Ukraine's FM presses G7 for support as Russia targets energy grid

Canada announced more sanctions against Russia on Wednesday and a day earlier, the United Kingdom pledged €14 million in funding for Ukraine's energy infrastructure.

12 November 2025

Canada

G7 foreign ministers meet in Canada for talks on trade and defence

Tensions have risen between the US and traditional allies like Canada over defence spending, trade and uncertainty over President Donald Trump's ceasefire plan in Gaza and efforts to end the war in Ukraine.

12 November 2025

Economy

The UK economy grows despite tariff pressures, outpacing G7 peers

While not comparable to the growth at the beginning of the year, July's numbers are bigger than predicted and signal a greater resilience than other top G7 economies.

Europe News

France launches 'diplomatic reserve' to boost soft power

The government hopes the first contingent will attract 1,000 reservists before the end of the year.

Canada

G7 leaders fail to reach major agreements after Trump's early exit

The summit concluded with a broadly worded statement in which leaders of the G7 unanimously agreed that Iran cannot be allowed to obtain a nuclear weapon and called for de-escalation in the Middle East.

Europe News

Von der Leyen blasts China's 'blackmail' in appeal to Trump at G7

During the G7 summit, Ursula von der Leyen said the source of "the biggest collective problem" in the global trading system dates back to China's accession to the World Trade Organization (WTO) in 2001.

USA

Trump slams Macron's claims linking early G7 exit and Israel-Iran deal

The US president left the G7 summit in Canada one day early on Monday, prompting French President Emmanuel Macron to say Trump left to work on the Israel-Iran ceasefire deal. Trump denied this on his Truth Social platform.

Europe News

G7 leaders gather in Canada for a summit amid volatile global picture

With other leaders wanting to talk to Trump in an effort to talk him out of imposing tariffs, the G7 summit risks being a series of bilateral conversations rather than a show of unity.

Europe News

Macron reaffirms support for Greenland during visit ahead of G7 Summit

During a joint news conference in Nuuk, the leaders of France, Denmark and Greenland emphasised their unity and called for deeper cooperation.

Canada

What to expect at the G7 Summit attended by Trump and Zelenskyy

Israel's attack on Iran has added a new wrinkle to the global picture as G7 leaders gather in Kananaskis for a summit beginning Monday.

Europe News

Can the EU lower the cap on Russian oil without the US?

The US has so far refrained from endorsing a lower price cap on Russian oil, prompting the question of whether the EU can dare to go it alone.

Economy

UK becomes fastest-growing G7 economy after strong first quarter

The UK economy recorded a better than expected first quarter, but experts warn, new taxes on UK businesses and high global uncertainty may slow down growth in the coming months.

Economy

Billions on ice: What to do with Russia's frozen assets?

With US support for Ukraine in doubt, Kyiv's European allies are weighing whether to seize $300bn (€274bn) in frozen Russian assets.

Earth News

Italy ‘worst offender’: G7 countries give record fossil fuel subsidies

Despite promising a fossil fuel subsidies phaseout by 2025, G7 governments continue to increase taxpayer spend.

4 February 2025