G7

The leaders of the Group of Seven (G7) unveiled a new action plan for critical minerals on Tuesday, following their latest meeting in Kananaskis, Alberta. The initiative, designed to secure global supplies of essential materials for clean energy, defense, and digital technology, is a step toward...

U.S. stock futures were trading lower on Tuesday following Monday’s advance. Futures of major benchmark indices were lower in premarket. President Donald Trump called on Iranians to leave Tehran, pointing to the government’s refusal to accept a deal aimed at limiting nuclear weapons...

Finance ministers and central bankers from the G7, which includes Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, have pledged to tackle “excessive imbalances” in global trade practices after three days of talks in Canada. What Happened: The G7...

NVIDIA Corp‘s (NASDAQ:NVDA) market capitalization has surpassed the combined totals of Germany and Italy. The company’s stock has surged almost 200% this year, elevating its market cap to an impressive $3.5 trillion. What Happened: Torsten Sløk, Chief Economist at Apollo, said,...

According to one report, a recent photo of the Group of Seven leaders with Pope Francis has become noteworthy for capturing simmering frustrations, the positioning of unpopular figures in the back and smiles that may conceal underlying challenges back home. In the photo, the forced grins of France...

The G7 summit in Italy concluded with China being the primary focus of discussions, and an unprecedented visit from Pope Francis to discuss artificial intelligence (AI). What Happened: Friday’s discussions were largely centered around concerns regarding China’s excessive industrial...

In a move that signals a unified front against Russian aggression, President Joe Biden and Ukrainian President Volodymyr Zelenskyy have inked a security agreement at the G7 summit. What Happened: As reported by PBS, the pact was signed on Thursday at the G7 summit in Borgo Egnazia, Italy. The...

The G7 summit, which commenced on Thursday, saw the leaders of the seven major economies agreeing to a U.S. proposal to provide a $50 billion loan to Ukraine. The loan will be backed by frozen Russian assets, a move that signals strong support for Ukraine amid a changing political landscape in...

Ahead of the Group of Seven summit in Italy, notable CEOs from major corporations are set to participate in discussions aimed at supporting development initiatives. What Happened: The chief executives of Microsoft Corp. (NASDAQ:MSFT) and BlackRock Inc.(NYSE:BLK) will attend the Group of Seven...

The Group of Seven nations is anticipated to raise concerns about China’s overproduction and export controls at an upcoming summit in Italy. What Happened: The G7 leaders, including the U.S., Germany, Japan, France, the U.K., Canada, and Italy, are expected to discuss the issue of...

China has responded to the Group of Seven (G-7) nations’ criticism of its trade practices, accusing them of exaggerating the issue of overcapacity. What Happened: The G-7 finance ministers and central bankers claimed on Saturday that China’s non-market policies harm global economies,...

The U.S. has successfully disrupted financial flows between Russia and countries such as Turkey, the United Arab Emirates, and Kazakhstan. This was achieved through a warning to foreign financial institutions of potential sanctions, according to a senior U.S. Treasury official. What Happened: The U...

UK Prime Minister Rishi Sunak has voiced his support for the proposal to send billions of pounds in interest from frozen Russian assets to Ukraine. This announcement was made during the commemoration of the second anniversary of the Russian invasion of Ukraine. What Happened: Sunak endorsed the...

The BRICS nations are set to witness a significant surge in their millionaire population over the next decade, potentially challenging the dominance of the G7 countries. What Happened: The BRICS countries, which include Brazil, Russia, India, China, and South Africa, are projected to experience an...

The perceived threat from China and Russia has diminished, with public concern now focusing on non-traditional risks, a recent study has revealed. What Happened: The Munich Security Index 2024, which surveyed 12,000 individuals across G7 nations, Brazil, India, China, and South Africa, found that...