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G7 group

Race for influence
BR Research

Race for influence

While fighting an active pandemic within their borders, big powers are also focused on how to catch up with ...
Published 03 Dec, 2021 07:52am
G7 nations urge return to constitutional order in Tunisia
World

G7 nations urge return to constitutional order in Tunisia

  • The statement, put out by the British Embassy on social media, is the most significant public expression of unease by major democracies since President Kais Saied seized governing powers in July in moves his opponents called a coup
Published 07 Sep, 2021 12:52pm
UK and Germany seek common G7 approach on Taliban
World

UK and Germany seek common G7 approach on Taliban

  • "The Chancellor and the Prime Ministers also discussed possible political and diplomatic options with regard to the departure of diplomatic staff, necessary due to the security situation," a German government spokesperson says
Updated 28 Aug, 2021 10:18pm
China and Russia show common front on Afghanistan
World

China and Russia show common front on Afghanistan

  • China and Russia are not part of the G7
  • Biden said the United States expects to finish evacuations by Aug. 31
  • Putin told Xi, he is willing to work with China to "prevent foreign forces from interfering and destroying" Afghanistan
Published 25 Aug, 2021 04:54pm
Bargaining over global tax enters key stage
World

Bargaining over global tax enters key stage

  • The deal now goes to the Organisation of Economic Co-operation and Development (OECD), which is overseeing two days of talks starting Wednesday to find a consensus among 139 countries.
Published 27 Jun, 2021 03:06pm
Wall Street flat; tech shares shrug off G7 tax deal
Markets

Wall Street flat; tech shares shrug off G7 tax deal

  • QTS Realty surges on reports of deal with Blackstone.
  • Biogen gains ahead of FDA decision on Alzheimer's drug.
  • "Meme stocks" extend rally led by retail participation.
  • Indexes down: Dow flat, S&P and Nasdaq dip 0.13%.
Published 07 Jun, 2021 08:46pm
Still no deal on IMF reserve boost for pandemic relief
World

Still no deal on IMF reserve boost for pandemic relief

  • Earlier, Japan's Kyodo news agency reported they had secured agreement for increased reserves of around $650 billion through a new allocation of the fund's special drawing rights ahead of a meeting of G7 finance leaders to be hosted by Britain on Friday.
  • We are still continuing debates with the aim of agreeing on boosting SDR to help low-income countries... but we have not yet firmed up details as to the size of SDR boost and the timing of agreement.
Published 17 Mar, 2021 09:28pm
G7 seen backing issuance of new IMF SDRs
World

G7 seen backing issuance of new IMF SDRs

  • One IMF expert said a $500 billion boost in SDRs would deliver some $14 billion in added reserves to low-income countries and $60 billion to emerging markets, but others said the yields could be much higher.
Published 12 Feb, 2021 10:58am