• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
G7: Scholz, Biden open summit with Ukraine topping agenda

G7: Scholz, Biden open summit with Ukraine topping agenda

June 26, 2022
‘Uncoupled’ Star Tisha Campbell Can Laugh About Her Traumatic Breakup…Now

‘Uncoupled’ Star Tisha Campbell Can Laugh About Her Traumatic Breakup… Now

August 19, 2022
Strippers are the latest workers to join the union wave

Strippers are the latest workers to join the union wave

August 19, 2022
Russia Just Pushed Us One Step Closer to Nuclear Catastrophe

Russia Just Pushed Us One Step Closer to Nuclear Catastrophe

August 19, 2022
Erdogan says Turkey not looking to take Syrian territory

Erdogan says Turkey not looking to take Syrian territory

August 19, 2022
1972: Greece Grants Political Asylum to 6 Russian Sailors

1972: Greece Grants Political Asylum to 6 Russian Sailors

August 19, 2022
In Paris, walking tours return women to the heart of the story

In Paris, walking tours return women to the heart of the story

August 19, 2022
Death Stranding arrives on Microsoft’s PC Game Pass service next week

Death Stranding arrives on Microsoft’s PC Game Pass service next week

August 19, 2022
How I Got My Students to Stop Staring at Screens

How I Got My Students to Stop Staring at Screens

August 19, 2022
5 new iPhone features in iOS 16 that’ll make your life easier

Kuo says early iPhone 14 launch should reduce the recession impact on demand

August 19, 2022
The 4 major criminal probes into Donald Trump, explained

The 4 major criminal probes into Donald Trump, explained

August 19, 2022
Daughter appeals Spanish court ruling on dos Santos body

Daughter appeals Spanish court ruling on dos Santos body

August 19, 2022
Sunken Villages Are Emerging From Dried-Up Reservoirs During Europe’s Heatwave

Sunken Villages Are Emerging From Dried-Up Reservoirs During Europe’s Heatwave

August 19, 2022
DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News

G7: Scholz, Biden open summit with Ukraine topping agenda

June 26, 2022
in News
G7: Scholz, Biden open summit with Ukraine topping agenda
552
SHARES
1.6k
VIEWS
Share on FacebookShare on Twitter

Leaders of the Group of Seven (G7)  are meeting on Sunday in the Bavarian Alps in Germany for the first day of their three-day annual summit.

German Chancellor Olaf Scholz and US President Joe Biden are set to discuss with the leaders of Canada, France, Italy, Japan and the United Kingdom proposals to increase pressure on Russia and extend support for Ukraine.

The sharp rise in food and oil prices across the world, as well as inflation, are also on the leaders’ agenda.

Other democracies — Argentina, India, Indonesia, Senegal and South Africa — have been invited to participate in select sessions of the meeting as well. Ukrainian President Volodymyr Zelenskyy is set to address delegates via video link. 

What did the leaders say at the summit?

Scholz and Biden opened the summit with a bilateral meeting. Biden complimented Scholz for “stepping up” when he became chancellor and said that Germany was one of Washington’s most important allies after the two appeared briefly before the press.

Biden also said the G7 states and the NATO alliance must “stay together” in the face of Russia’s invasion.

The G7 leaders are also due to tackle climate change, with Germany pressing for the creation of a “climate club” to set practical targets for reducing emissions for the participating countries.

EU Council President Charles Michel said during a press conference at the summit that the EU welcomes the “climate club” proposal from Germany, stressing the need to diversify energy sources and speed up renewable energy infrastructure.

He also highlighted the importance of tackling the food security crisis, partly by getting Ukrainian food products to the global market and by supporting the EU’s partners that have been most hit by food shortages. Berlin hosted a global conference on Friday to discuss this issue.

The Biden administration also praised Germany’s decision to boost its military spending, including a one-time investment of €100 billion ($105.6 billion) to modernize its forces.

“The president welcomed Germany’s historic commitment to significantly boost defense spending and meet its NATO commitments, which will strengthen the alliance’s long-term deterrence and defense posture,” a White House statement said.

Speaking after the first day’s working session, the German chancellor expressed optimism in the face of major challenges.

“There are falling growth rates in some countries, rising inflation, shortages of raw materials and disruption of supply chains,” Scholz said. “These are all not small challenges that we are facing … but I am very, very, very confident that we will succeed in sending a very clear signal of unity and decisive action from this summit,” he said.

Four G7 countries announce ban on Russian gold imports 

Shortly before the summit began, London announced in a statement that the UK, along with the US, Japan and Canada, would ban new imports of Russian gold to tighten the economic effect of sanctions on Russia.

The joint action “will directly hit Russian oligarchs and strike at the heart of Putin’s war machine,” British Prime Minister Boris Johnson said in the statement. 

Washington said the decision will be formally announced as a G7 move on Tuesday.

The UK said that Russian gold exports reached around $15.5 billion in 2021 and that this figure has gone up since sanctions were imposed as a means of getting around them.

Demonstration against G7 summit

Some 200 protesters set off around midday in the small town of Garmisch-Partenkirchen, close to the Elmau castle where the summit is being held.

Organizers told the dpa news agency that they expected the number of protesters to increase to around 2,000. A large number of police officers were also present to escort the demonstration.

A larger protest took place in the nearby major city of Munich on Saturday, but with significantly fewer than the expected 20,000 participants.

German police on Sunday said that four protesters from the Munich march had been arrested under charges of having caused bodily harm.

ab, rm/fb (Reuters, AFP, AP, dpa) 

The post G7: Scholz, Biden open summit with Ukraine topping agenda appeared first on Deutsche Welle.

Share221Tweet138Share

Trending Posts

Can’t Overcome the Navy SEAL 40 Percent Rule? Science Shows How High Achievers Embrace a Different Mindset for Tackling Huge Goals

Can’t Overcome the Navy SEAL 40 Percent Rule? Science Shows How High Achievers Embrace a Different Mindset for Tackling Huge Goals

August 19, 2022
She Had an AirTag in Her Lost Luggage. It Led Police to a Baggage Handler’s Home.

She Had an AirTag in Her Lost Luggage. It Led Police to a Baggage Handler’s Home.

August 19, 2022
North Korea tells South Korean president to ‘shut his mouth’ after offer of aid

North Korea tells South Korean president to ‘shut his mouth’ after offer of aid

August 19, 2022
Don’t Judge I’m Glad My Mom Died by Its Title

Don’t Judge I’m Glad My Mom Died by Its Title

August 19, 2022
Zimbabweans hit by 257% inflation: Will gold coins help?

Zimbabweans hit by 257% inflation: Will gold coins help?

August 19, 2022

Copyright © 2022.

Site Navigation

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2022.