Category Archives: G7

US recovers millions in ransom paid to hackers after pipeline attack – live

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Newly released audio from a 2019 phone call between Rudy Giuliani, US diplomats and a senior adviser to Ukrainian President Volodymyr Zelensky has added credence to the claims that Trump’s longtime adviser pressured the Ukrainians to help the former president politically.

In the call — which occurred prior to the infamous conversation between Trump and Zelensky that led to his first impeachment — Giuliani pushes the Ukrainians to publicly announce unfounded investigations into Joe Biden.

So @CNN got audio of @RudyGiuliani pressuring Ukrainian officials into announcing a fake investigation into @JoeBiden pic.twitter.com/OJljFCcH6h

Related: Giuliani pressured Ukraine to investigate Biden family, new transcript reveals

The new audio demonstrates how Giuliani aggressively cajoled the Ukrainians to do Trump’s bidding. And it undermines Trump’s oft-repeated assertion that “there was no quid pro quo” where Zelensky could secure US government support if he did political favors for Trump.

The call was one of the opening salvos in the years-long quest by Trump and his allies to damage Biden and subvert the 2020 election process — by soliciting foreign meddling, lying about voter fraud, attempting to overturn the results, and inciting the deadly January 6 assault on the Capitol”.

A Republican representative in Oregon may be ousted from his seat after video footage was published Friday showing he let violent protesters into the state capitol late last year.

On 21 December, far-right rioters descended on the statehouse, attacking police officers and assaulting journalists as lawmakers inside were meeting to discuss how to respond to the Covid crisis. Many of the demonstrators would also be among the mob that attacked the US Capitol on 6 January.

Update: Rep. Mike Nearman "willing to have some consequences for what I did" but says OSP and Salem police also to blame for not keeping armed demonstrators out of the Capitol after Nearman opened a door for the demonstrators. https://t.co/zd68zviL5Z #orleg #orpol

In her resolution, Kotek said personnel who were authorized to be in the Oregon Capitol described the events on Dec. 21 as intense and stressful, terrifying and distressing.

‘Law enforcement officers were visibly injured and shaken due to the demonstrators’ action,’ Kotek added.

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Climate crisis to shrink G7 economies twice as much as Covid-19, says research

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G7 countries will lose $5tn a year by 2050 if temperatures rise by 2.6C

The economies of rich countries will shrink by twice as much as they did in the Covid-19 crisis if they fail to tackle rising greenhouse gas emissions, according to research.

The G7 countries – the world’s biggest industrialised economies – will lose 8.5% of GDP a year, or nearly $5tn wiped off their economies, within 30 years if temperatures rise by 2.6C, as they are likely to on the basis of government pledges and policies around the world, according to research from Oxfam and the Swiss Re Institute.

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Covid: more than 200 leaders urge G7 to help vaccinate world’s poorest

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Former PMs, presidents and ministers sign letter saying richest should pay two-thirds of $66bn needed

More than 100 former prime ministers, presidents and foreign ministers are among 230 prominent figures calling on the leaders of the powerful G7 countries to pay two-thirds of the $66bn (£46.6bn) needed to vaccinate low-income countries against Covid.

A letter seen by the Guardian ahead of the G7 summit to be hosted by Boris Johnson in Cornwall warns that the leaders of the UK, US, France, Germany, Italy, Japan and Canada must make 2021 “a turning point in global cooperation”. Fewer than 2% of people in sub-Saharan Africa have been vaccinated against Covid, while the UK has now immunised 70% of its population with at least one dose.

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Biden trumpets democracy abroad in Post op-ed – as threats spread at home

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Joe Biden will use his visit to Europe this week to “rally the world’s democracies” in a reset of US foreign policy after four turbulent years under Donald Trump – all while threats to American democracy, stoked by Trump, proliferate at home.

Related: After Trump: Biden set to outline US policy to Johnson, Putin and more

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Tory aid cuts ‘tarnish’ UK reputation, warns UN humanitarian chief

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Mark Lowcock says funds slashed affect key issues on G7 agenda, as party rebels prepare to vote for reversal

A senior UN diplomat has warned Boris Johnson that his decision to slash overseas aid is tarnishing international faith in Britain’s trustworthiness at a crucial moment, as he called on the government to back Tory demands for a swift reversal of the cuts.

With Conservative rebels increasingly confident they have enough votes to inflict a humiliating government defeat before the G7 meeting in Cornwall late this week, the head of the UN’s office for humanitarian affairs said Johnson had demonstrated “a failure of kindness and empathy” that was undermining Britain’s reputation.

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Share vaccines or climate deal will fail, rich countries are told

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Call for ‘solidarity’ in Covid fight as Boris Johnson calls on world leaders to help vaccinate global population by end of 2022

Progress on climate change could be scuppered by developing nations if they are not given equitable access to vaccines, Boris Johnson has been warned, as rich nations come under new pressure to donate more doses.

Figures compiled by the Observer show that the wealthiest nations, including the UK, have enough vaccines to inoculate their populations more than twice over.

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‘Historic agreement’: Rishi Sunak announces G7 deal on tax reform – video

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Finance ministers from the world’s richest economies have agreed a deal to tackle tax abuses by some of the world’s biggest multinationals and establish a minimum global corporation tax for the first time. Announcing the deal, the UK chancellor, Rishi Sunak, said it would create ‘a fairer tax system fit for the 21st century’

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Rishi Sunak announces ‘historic agreement’ by G7 on tax reform

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Finance ministers agree deal to force multinationals to pay tax in all countries where they operate

The G7 group of wealthy nations have signed a landmark deal to tackle tax abuses by some of the world’s biggest multinationals and establish a minimum global corporation tax for the first time.

Finance ministers from the group agreed the plan on Saturday as part of talks held in London, the chancellor, Rishi Sunak, said.

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100 richest UK families urged to commit £1bn to tackle climate crisis

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As UK prepares for environment push at G7 summit, letter asks richest to make climate charitable focus

The UK’s 100 richest families are being urged to commit £1bn over the next five years to tackle the climate emergency and halt the destruction of the natural world, as the world prepares for a big push on environmental issues at the G7 summit.

Each of the 100 richest families in the UK, and the 100 biggest charitable foundations, will receive a letter on Saturday asking them to make the climate and biodiversity crises a focus of their philanthropic efforts, in order to stave off pending disasters that would imperil all their other charitable efforts.

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G7 aims to reach historic deal on corporate tax abuse this weekend

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Talks hosted by Rishi Sunak believed to be very close to agreement in principle on global reforms

The G7 group of wealthy nations is close to a historic agreement to radically reshape international tax rules by using a global minimum rate of corporation tax to prevent abuse of the system by multinationals.

Finance ministers from the world’s biggest western economies were negotiating details late on Friday with the aim of reaching a landmark deal early on Saturday as part of talks being held in London.

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Hancock says UK is the ‘vaccine priority’ – video

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Vaccinating children in the UK  against Covid-19 will take priority over donating doses to other countries around the world, Britain's health secretary, Matt Hancock, said on Friday 4 June.

Hancock was speaking after health ministers from the Group of Seven (G7) rich countries met at the University of Oxford, where AstraZeneca's Covid-19 vaccine was invented, and which comes before a leaders' meeting next week

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European finance ministers say deal to stop global tax abuse is ‘within reach’

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France, Germany, Italy and Spain increase pressure for an end to loopholes that enable multinationals to pay minimal tax

The EU’s four biggest economies have raised the pressure for a landmark agreement to curb tax abuse by multinational companies to be reached at G7 meetings in London on Friday.

Sending a united message in a letter in the Guardian, the finance ministers of France, Germany, Italy and Spain said a critical moment had been reached to strike a blow against tax avoidance as governments around the world attempt to rebuild from the Covid-19 pandemic.

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Cyprus could block EU adoption of minimum corporate tax plan

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EU directive on Joe Biden’s proposal for 15% tax rate on multinationals would require unanimous support

Cyprus could veto the EU’s adoption of Joe Biden’s proposal of a global minimum corporate tax rate, the country’s finance minister has suggested.

A White House proposal of a 15% tax rate for multinationals applied to profits in all jurisdictions is expected to be endorsed in principle by finance ministers of the world’s seven largest economies, the G7, at an upcoming meeting in Cornwall.

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G7 nations committing billions more to fossil fuel than green energy

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In spite of green rhetoric, money has piled into aviation and car industries since start of pandemic, report finds

The nations that make up the G7 have pumped billions of dollars more into fossil fuels than they have into clean energy since the Covid-19 pandemic, despite their promises of a green recovery.

As the UK prepares to host the G7 summit, new analysis reveals that the countries attending committed $189bn to support oil, coal and gas between January 2020 and March 2021. In comparison, the same countries – the UK, US, Canada, Italy, France, Germany and Japan – spent $147bn on clean forms of energy.

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‘Silicon Six’ tech giants accused of inflating tax payments by almost $100bn

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Study claims firms paid $96bn less in tax between 2011 and 2020 than the notional figures cited in their annual reports

The giant US tech firms known as the “Silicon Six” have been accused of inflating their stated tax payments by almost $100bn (£70bn) over the past decade.

As Chancellor Rishi Sunak called on world leaders to back a new tech tax ahead of next week’s G7 summit in the UK, a report by the campaign group Fair Tax Foundation singled out Amazon, Facebook, Google’s owner, Alphabet, Netflix, Apple and Microsoft.

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Boris Johnson under pressure from Biden and activists in run-up to G7

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US pushing UK hard over minimum corporate tax and swift action on global Covid vaccinations

Boris Johnson is facing mounting pressure from Joe Biden and grass roots activists to be bolder at next month’s G7 summit amid signs that rows over vaccines and tax will dominate what the prime minister hoped would be a low-key event.

The chancellor, Rishi Sunak, kicks off two weeks of intense international diplomacy ahead of the June gathering of the leaders of major western economies in Cornwall when he hosts a virtual meeting of finance ministers and central bank governors on Friday.

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Richest nations agree to end support for coal production overseas

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G7 countries reaffirm commitment to limit global heating to 1.5C after nearly two days of wrangling

The world’s richest nations have agreed to end their financial support for coal development overseas, in a major step towards phasing out the dirtiest fossil fuel.

After nearly two days of wrangling at a meeting of the G7 environment and energy ministers, hosted virtually by the UK on Thursday and Friday, all reaffirmed their commitment to limiting global heating to 1.5C, and committed to phasing out coal and fully decarbonising their energy sectors in the 2030s.

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UK aid cuts will put tens of thousands of children at risk of famine, says charity

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Save the Children’s analysis finds Britain will spend 80% less on nutrition abroad this year, as hunger levels rise around the world

Britain is set to spend 80% less on helping feed children in poorer nations than before the pandemic, according to a charity’s analysis.

Save the Children said the British government will spend less than £26m this year on vital nutrition services in developing countries, a drop of more than three-quarters from 2019. The estimate of aid cuts to nutrition comes after UN agencies called for urgent action to avert famine in 20 countries including Yemen, South Sudan and northern Nigeria.

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US-Germany rift as Berlin opposes plan to ditch Covid vaccine patents

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  • Germany says waiver would inhibit private sector research
  • Opposition to Biden plan threatens to deadlock WTO talks

The US and Germany are at odds on the issue of waivers for patents on Covid-19 vaccines, as Berlin argued that a waiver would not increase production and would inhibit future private sector research.

The disagreement is the first major rift between the two economic powers since Joe Biden took office, and threatens to deadlock discussions at the World Trade Organization (WTO) and sour relations within the G7 group of major industrialised democracies.

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Beijing accuses G7 ministers of interfering in China’s affairs

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Foreign ministry responds to west’s human rights claims, saying countries should ‘face up to their own problems’

China has rejected accusations of human rights abuse and economic coercion, made by G7 foreign ministers, accusing them of “blatantly meddling” in China’s internal affairs, calling their remarks groundless.

“Attempts to disregard the basic norms of international relations and to create various excuses to interfere in China’s internal affairs, undermine China’s sovereignty and smear China’s image will never succeed,” said the foreign ministry spokesperson, Wang Wenbin. “They should not criticise and interfere with other countries with a superior mentality, and undermine the current top priority of international anti-epidemic cooperation.”

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