Leaders of seven of the world's largest economies will meet starting on Sunday. President Trump has imposed tariffs on his G7 partners — and has threatened to annex this year's host country, Canada.
Foreign ministers from the world's leading industrialized nations are meeting Monday, with a certain pressure to advance diplomatic efforts ahead of the new U.S. administration taking over.
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G7 leaders are meeting in Puglia, Italy, this week. At the top of their agenda: the tricky details of how to use frozen Russian assets to support Ukraine.
With the U.S., Great Britain and France facing elections in coming months and a rightward shift in European parliamentary elections, there is pressure for leaders to act while the status quo lasts.
Finance ministers and central bank chiefs ended talks in Japan with a joint statement pledging to bring inflation under control while aiding those suffering the most from surging prices.