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foreign policy and global economy

Archive for the tag “G7”

Shock At G7 Summit As Iran’s Zarif Lands In Biarritz

The U.S., French and German leaders are at the G7 Summit in France. Photo/ White House Flickr

Iran’s foreign minister flew into the French resort hosting a G7 summit on Sunday, an unexpected twist to a meeting already troubled by differences between U.S. President Donald Trump and Western allies over a raft of issues, including Iran.

Read Here – Reuters

Also Read:

The G-7 Gathers in Biarritz For A Dysfunctional Family Reunion

The G7 Should Pressure China but Find A Solution With Russia

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The Anatomy Of The Coming Recession

Unlike the 2008 global financial crisis, which was mostly a large negative aggregate demand shock, the next recession is likely to be caused by permanent negative supply shocks from the Sino-American trade and technology war. And trying to undo the damage through never-ending monetary and fiscal stimulus will not be an option.

Read Here – Project Syndicate

Forget The G-7 — The Real Summits Are On The Sidelines

When leaders of the United States, Japan, Germany, France, Great Britain, Italy and Canada meet in the picturesque French seaside town of Biarritz, the official reason for their gathering will be the G-7 summit. But for many of them, the focus will be on bilateral meetings with a bombastic politician boasting a peculiar mop of bright hair — not U.S. President Donald Trump, but British Prime Minister Boris Johnson, who’ll parley with his global counterparts for the first time since taking office last month.

Read Here – Ozy

Summing Up The Trump Summits

US President Donald Trump’s summits with North Korean leader Kim Jong-un in Singapore and Russian President Vladimir Putin in Helsinki are history, as is the G7 summit in Quebec and the NATO summit in Brussels. But already there is talk of another Trump-Putin summit in Washington, DC, sometime later this year. Some 30 years after the end of the Cold War, a four-decade era often punctuated by high-stakes, high-level encounters between American presidents and their Soviet counterparts, summits are back in fashion.

Read Here – cfr.org

Trump’s Next Target: NATO

After watching the G7 train wreck aghast, senior officials at NATO headquarters are quaking in their boots at the prospect of hosting a summit of the Western defense alliance featuring a raging Donald Trump in Brussels. Far from showcasing transatlantic unity and resolve, they fear the 24-hour gathering of leaders of the 29-nation alliance, scheduled for about a month from now, could turn into round 2 of the rumble in Quebec, with the U.S. president on the rampage against the Europeans and Canadians over their allegedly unfair trade surpluses and puny military spending, leaving NATO in tatters.

Read Here – Politico

Trump Stuns Allies, Won’t Sign G-7 Joint Agreement

Photo released by German Chancellor’s office shows the isolation of U.S. President Donald Trump at the just-concluded G7 summit.

President Donald Trump said the United States will not sign a joint agreement with other G-7 countries, an abrupt reversal that will further erode relations with key U.S. allies and underscore the country’s increasing isolation under Trump.

Read Here – Politico

China To Gather Friends For Biggest Summit Of Year On New Silk Road

China will gather its friends and allies together for its biggest diplomatic event of the year in May, a summit on its New Silk Road plan, with most Asian leaders due to attend but only one from a G7 nation, the Italian prime minister.

Read Here – Reuters

Regional India, Global South Asia

Their presence at the G-7 summit at Ise-Shima, Japan, last week was hardly noticed in India. But among the six leaders of the developing world present in the outreach session were Sheikh Hasina, prime minister of Bangladesh, and Maithripala Sirisena, president of Sri Lanka.

Read Here – The Indian Express

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