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Japan

G7 vows to speed up clean energy transition

Ministers say they will hasten the shift toward cleaner, renewable energy, but set no timetable for phasing out coal-fired power plants as they wrapped up two days of talks in Japan.

World News

Vladimir Putin promises more ‘advanced’ weapons for Russian army

President Vladimir Putin on Thursday called Russia's military a guarantor of national stability, promising to boost arms production nearly a year after the start of the Ukraine offensive.

Europe Decoded

The EU wants to invest frozen Russian assets but it's 'legally dodgy'

Three months after the idea was first floated, European Union plans to invest frozen Russian assets to generate revenues to fund Ukraine's reconstruction appear stalled.

Europe News

EU ban on Russian oil imports comes into force

The EU and G7 countries have also expanded the existing price cap on Russian crude oil to include all refined products.

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Europe News

Russia is losing €160 million per day due to Western sanctions on oil

A new report gives a clearer picture of the double impact inflicted on Russia by the EU's oil embargo and the G7's price cap.

World News

Russia bans oil sales to countries using a price cap

The ban will come into effect from February 1.

Climate

G7’s new Climate Club vows to support the global push for net zero

The international club will transform industries to accelerate decarbonisation, G7 promises.

France

Zelenskyy asks G7 for gas and weapons as allies meet to provide aid

Dozens of countries and institutions meet in France on Tuesday to consider urgent help for Ukraine to maintain water, food, energy, health and transport through the winter.

Russia

Price cap on Russian oil comes into force despite Moscow's threats

The $60-a-barrel cap on Russian oil approved by the G7 comes into force on Monday despite Moscow's threats.

Europe News

EU countries agree to cap Russian oil at $60 per barrel

EU ambassadors spent the last few days debating the level of the price cap, which will have implications across global markets.

Germany

G7 justice ministers discuss coordinating war crime probes

The G7 justice ministers, the European Commission (EC) and the International Criminal Court (ICC) have discussed coordinating efforts

Europe News

EU talks to cap Russian oil prices hit impasse as key deadline nears

The latest proposal to cap Russian crude at $62 per barrel was deemed too high by Poland and the Baltic states.

Ukraine

Putin endorses Kherson 'evacuations' as Kyiv slams 'forced' move

Here are the latest developments in Russia's war against Ukraine on Friday.

Ukraine

Ukraine war: Eight key developments to know about today

G7 leaders vow to hold Putin to account for missile strikes in a strong rebuke, and pledge 'steadfast' support for Ukraine as Zelenskyy calls for air defence systems: Tuesday's key developments.

Europe Decoded

The G7 wants to cap the price of Russian oil. It won't be easy.

Western countries want to use their leading insurance and shipping companies to slash the Kremlin's oil revenues.

Europe News

EU agrees new sanctions on Russia including price cap on Russian oil

"This oil cap will help reduce Russia's revenues and keep global energy markets stable," European Commission President Ursula von der Leyen said.

Russia

G7 nations pledge to impose price cap on Russian oil

Finance ministers from the G7 have pledged to impose a cap on the price of Russian oil in a bid to limit the Kremlin's revenues and ability to fund its war in Ukraine, while also curtailing the war's impact on energy prices and inflation.

Russia

Western leaders would look 'disgusting' topless, says Vladimir Putin

G7 leaders had mocked the Russian President for recent bare-chested photos of him on a horse.

Europe News

G7 leaders agree to explore caps on Russian energy prices

This is an effort to relieve pressure on European consumers and ensure Moscow has less money to wage war in Ukraine.

Germany

Japan stresses need for solidarity on Ukraine at G7 summit

The Japanese government has expressed its solidarity with G7 leaders over the Ukraine war claiming what's happening in Eastern Europe could also happen in Indo-China

G7