Tue, 21-Oct-2025

US pushes G7 and EU to punish China, India over Russian oil

US pushes G7 and EU to punish China, India over Russian oil

Washington: G7 finance ministers, led by Canadian Finance Minister Francois-Philippe Champagne, held a call Friday to consider tougher economic measures against Russia, including new sanctions and tariffs targeting nations that support or enable its war in Ukraine. According to a Canadian statement, the group discussed accelerating plans to use frozen Russian assets to support Ukraine’s … Read more

G7 leaders urge de-escalation in Middle East

G7

Ottawa: In a joint statement issued at the G7 summit in Canada, member countries expressed support for Israel and held Iran responsible for destabilizing the region. An international news agencies reported, the communiqué called for de-escalation of tensions in the Middle East, a resolution to the crisis involving Iran, and a ceasefire in Gaza. The … Read more

G7 support for Ukraine to not waver due to Middle East conflict

G7 support for Ukraine

G7 support for Ukraine to not waver due to the Middle East conflict. The G7 recognizes the enduring need for military and economic support. They are considering imposing sanctions on Russian diamonds as part of their efforts. The G7 nations, including the United Kingdom, Canada, France, Germany, Italy, Japan, and the United States, are committed … Read more

China asks G7 to stop using different rules to Japanese food ban

G7 Japanese food ban

China asks G7 to stop using different rules for the Japanese food ban. This exchange highlights ongoing tensions in the realm of global trade. The challenge remains in finding common ground. China has issued a call to the G7, urging them to avoid adhering rigidly to double standards and to instead focus on taking practical … Read more

G7 asks China to immediately lift restrictions on Japanese cuisine

G7 restrictions on Japanese cuisine

G7 asks China to immediately lift restrictions on Japanese cuisine. China had imposed a blanket suspension of Japanese fish imports. Japan and the United States had criticized these restrictions as unfair. The G7, consisting of industrial powers such as the United States, Japan, Germany, Britain, France, Italy, and Canada, issued a joint statement on Sunday. … Read more

Immigration accounts for more than one million of Canada’s population growth

Canada immigration
  • The country’s population grew from 38,516,138 to 39,566,248 people.
  • Migration accounted for over 96% of population growth.
  • The country welcomed 437,000 immigrants in 2022.

Canada’s population grew by over a million people for the first time ever last year, the government has said.

According to Statistics Canada, the country’s population grew from 38,516,138 to 39,566,248 people.

It was also the year with the highest annual population growth rate in Canada since 1957, at 2.7%.

According to Statistics Canada, the growth was fueled in part by the government’s efforts to recruit migrants to the country in order to alleviate labor shortages.

But, the increased number of permanent and temporary immigrants may “provide extra issues for some regions of the country in terms of housing, infrastructure and transportation, and population service delivery,” according to the agency.

Migration accounted for over 96% of population growth, according to Statistics Canada.

Prime Minister Justin Trudeau has made efforts to bring in more immigrants. The administration unveiled a goal last year to welcome 500,000 immigrants each year by 2025.

The Canadian government has also accepted refugees from wars such as the Ukrainian war, the humanitarian situation in Afghanistan, and the earthquakes in Turkey and Syria in 2023.

According to the government, the country welcomed 437,000 immigrants in 2022, while the number of non-permanent residents climbed by 607,782, resulting in a “record-breaking year for the processing of immigration applications.”

As per Statistics Canada, the population rise places Canada first among the 38 member nations of the Organization for Economic Cooperation and Development in terms of population growth in 2022, and it is also the fastest-growing G7 country.

According to the Canadian government, if Canada maintains the current 2.7% annual growth rate, its population will double in 26 years.

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Japan PM pledges $5.5 billion in additional Ukraine aid

Japan
  • Japan to aid $5.5 billion to Ukraine.
  • Japanese prime minister will host a G7 video conference with Ukrainian President Volodymyr Zelensky.
  • The G7 leaders will meet in person in May in Hiroshima.

Japan will provide Ukraine with $5.5 billion in new financial assistance, Prime Minister Fumio Kishida announced Monday, just days before the first anniversary of Russia’s invasion.

When the war began on February 24, 2022, Japan, this year’s Group of Seven presidents, joined Western nations in putting sanctions on Moscow.

According to the prime minister’s office, it has already offered Ukraine $600 million in financial help as well as hundreds of millions of dollars in emergency humanitarian assistance.

But “there is still a need to assist people whose livelihoods have been destroyed by the war, and to restore destroyed infrastructure”, Kishida said in a speech at a think tank symposium in Tokyo.

“We have decided to provide additional financial support of $5.5 billion.”

The Japanese prime minister also stated that he will host a G7 video conference with Ukrainian President Volodymyr Zelensky on Friday, the one-year anniversary of the invasion.

Non-permanent member of the UN Security Council

“This year, Japan, as G7 president and a non-permanent member of the UN Security Council, will support Ukraine in its fight against Russian aggression and lead the world’s efforts to uphold a free and open international order based on the rule of law,” Kishida said.

The G7 leaders will meet in person in May in Hiroshima.

Japan has also taken the unusual step of supplying defensive equipment and extending asylum to refugees fleeing the fighting since Russian President Vladimir Putin launched his invasion.

The country has a post-war pacifist constitution that restricts its military power to presumably defensive measures.

Kishida’s remarks came as US Vice President Joseph Biden promised expanded weaponry deliveries to Ukraine during an unexpected visit to Kyiv.

It is Biden’s first visit to Ukraine since the war began, and the trip was greeted by Zelensky as “an extraordinarily important expression of support for all Ukrainians”.

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US intensifies pressure on Middle Eastern partners

US intensifies

A senior US Treasury official travelled to the United Arab Emirates (UAE) on Monday. Canada, France, Germany, Italy, Japan, the UK, and the US are members of the G7. Since the war, Russian investors have flocked to the UAE, making it the most popular Arab destination. The United States is intensifying its efforts to strangle … Read more

Japan’s Fumio Kishida set to talk military buildup, chips on G7 tour

Fumio Kishida

Japanese Prime Minister Fumio Kishida begins a tour of important Western allies. He will meet with the presidents of the United States, Britain, France, Italy, and Canada. The topics of discussion are anticipated to include semiconductors and economic security. After announcing the largest military buildup since World War Two, Japanese Prime Minister Fumio Kishida began … Read more

Oil prices spike on hopes for China demand boost

oil prices

Brent futures for February delivery increased 31 cents, or 0.4%, to $84.64 per barrel. Both benchmarks reached their highest level in three weeks on Tuesday. Russia intends to limit oil deliveries to nations that adhere to a G7 price cap. On Wednesday, oil prices increased as investors were confident about the rebound of fuel demand … Read more

Rockets rain down on Ukraine, Zelensky requests a ‘air shield’ from the G7

Zelensky

Ukrainian President Volodymyr Zelensky asks G7 nations for help in creating an “air shield” against aerial attacks. Russia has carried out over 30 missile strikes so far on Tuesday, compared to 84 on Monday. Roughly half of those were neutralized by air defenses, according to Ukraine’s military. As Russian airstrikes continued into the second day, … Read more

G7 meets as new Russian strikes hit Ukraine

G7 meets

After Russian bombings on Ukrainian cities and infrastructure for a second day, the G7 is convening a virtual summit. According to the mayor of Lviv, three strikes on the city’s energy facilities, today resulted in power outages. People have been warned to stay in shelters and not to disregard air raid sirens across the nation. … Read more

Liz Truss to attend first European Political Community meeting: reports

liz truss

British Prime Minister Liz Truss had not yet confirmed if she will attend the October 6 conference. The United Kingdom will leave the EU at the start of 2020. 44 nations have been invited to attend the inaugural European Political Community (EPC) conference in Prague. Several media outlets reported on Thursday that British Prime Minister … Read more

EU said its next sanctions package will target Russian gold

russian gold

The EU will target Russian gold shipments in its upcoming sanctions package. EU will aim to “close exit routes” for individuals who evaded previous sanctions. The move is a response to the G7’s ban on gold exports from Russia at the end of June. The EU will target Russian gold shipments in its upcoming sanction … Read more

G7 discusses Russian oil price cap with India and China

G7

The G7 democracies have had cordial and fruitful discussions with China and India regarding a plan to control the price of Russian oil. Russia’s crude sells at discounts of $30 to $40 per barrel compared to benchmark Brent crude prices of $110 to $120 per barrel. India and China have upped their purchases of Russian … Read more

G7 prepared to consider energy price restrictions to limit Russian earnings

G7

G7 prepared to consider energy price restrictions to limit Russian earnings. Leaders will examine the “feasibility” of placing temporary price controls on energy imports. A US-led campaign for a cap on the price of Russian oil has received support from G7 countries in recent months. During a conference that has been overshadowed by fears of … Read more

White House: US, G7 will support Ukraine while stepping up sanctions against Russia

White House

In an effort to prosecute Russian President Vladimir Putin, the United States is strengthening its “unprecedented sanctions” and continuing to help Ukraine. This was stated in a statement released by the White House on Monday during the G7 summit. The coalition lead by the U.S. will also keep applying further pressure on Putin. In an … Read more

Zelensky urges G7 to help end Ukraine war by winter

Zelensky

President Zelensky urges world powers to help end the war. G7 leaders plan new sanctions and vow to support Kyiv “as long as it takes”. Shelling continues in and around the eastern city of Lysychansk. Ukrainian President Volodymyr Zelensky on Monday urged world powers to do their utmost to help end Russia’s invasion by the … Read more

Vladimir Putin to make first foreign trip since Ukraine war

putin

Vladimir Putin is scheduled to visit Tajikistan and Turkmenistan. He will also participate in a forum with Belarusian president Alexander Lukashenko. G7 nations are inching closer to barring Russian gold exports amid sanctions against Moscow. Vladimir Putin, the president of Russia, is scheduled to make his first international trip since authorising the invasion of Ukraine … Read more

G7 intends to raise $600 billion to offset China’s Belt and Road Initiative

G7

The leaders of the Group of Seven vowed to generate $600 billion in public and private funding   The leaders of Italy, Canada, and Japan also spoke. Pool/Kenny HolstonChina’s investment plan includes projects and initiatives in more than 100 nations with the goal of modernising the historic Silk Road trade route connecting Asia with Europe. the … Read more

Oil declines more than $1 as the G7 discusses the Iran nuclear agreement

Oil

Brent crude falls $1.42, or 1.3%, to $111.70 a barrel by 0010 GMT after rebounding 2.8% on Friday. U.S. West Texas Intermediate crude was at $106.08 a barrel, down 1.4%, following a 3.2% gain in the previous session. Oil costs slipped more than $1 a barrel on Monday as worldwide monetary worries discouraged the oil … Read more

Boris Johnson wants G7 to balance values with China business

Boris Johnson

Boris Johnson says G7 can strike a balance between defending common values and conducting business with China. “It may be difficult but that’s what we have got to try and do,” British PM says of G7 meeting in Germany, he says. WASHINGTON (Reuters) – It is possible to strike a balance between defending common values … Read more

As the G7 leaders assemble, missiles are launching over Ukraine.

One person killed and four injured, after an apartment building in Kiev was destroyed. G7 summit in Germany expected to pledge harsher sanctions against Russia. The G7 summit in Bavaria has agreed to continue providing military assistance to Ukraine. Ukraine has been hit by dozens of Russian missile strikes, with Kyiv seeing the most intense … Read more

Allies ‘won’t splinter’ on Russia, Biden vows at G7

G7

World powers agree to ban Russia from exporting gold, kicking off a G7 meeting. Meeting aimed at taking new steps to deplete Moscow’s war chest and strengthen Ukraine’s defences. G7 leaders are also confronting the looming threat of recession as well as pressures over climate change. World powers On Sunday agreed to ban Russia from … Read more

EU leaders are suspicious of US plan to control price of Russian oil

Russian oil

EU leaders are suspicious of US push for a price ceiling on oil. The idea aims to prevent the Kremlin from pocketing sky-high oil income. EU will reduce imports of Russian oil by 90% by the end of the year, says Ursula von der Leyen. As they prepared for a G7 discussion on the matter, EU … Read more

G7 and NATO leaders will increase pressure on Russia and monitor China, according to U.S. officials

G7 and NATO

Before travelling to Madrid for the summit, where NATO is anticipated to announce plans to increase its soldiers in eastern Europe, President Joe Biden will meet with other G7 leaders in southern Germany on Saturday. The leaders of Australia, Japan, South Korea, and New Zealand were invited to the NATO summit for the first time … Read more