Tag: G7

2 Men Arrested for Allegedly Opening Chinese Police Station in NY

Two men have been arrested in New York City over a Chinese police station that has since closed. They’re facing charges for allegedly opening it on behalf of Chinese authorities. Reports note Beijing has over a hundred of these police stations operating around the world. Human rights groups are raising concerns that the stations are…


G-7 Ministers Set Big New Targets for Solar and Wind Capacity

SAPPORO, Japan—The Group of Seven (G-7) rich nations on Sunday set big new collective targets for solar power and offshore wind capacity, agreeing to speed up renewable energy development and move toward a quicker phase-out of fossil fuels. But they stopped short of endorsing a 2030 deadline for phasing out coal that Canada and other…


‘Narrowly Focused and Fiscally Responsible’: Finance Minister Freeland Outlines Priorities for 2023 Budget

Finance Minister Chrystia Freeland said the federal government plans to make “two significant and necessary investments” in the next budget, namely in health care and in building a green economy, while promising to be “narrowly focused and fiscally responsible” to fight inflation. “The truth is, we can’t fully compensate every single Canadian for all of the effects…


Capitol Report: Chinese Nationals Make Way to Southern Border; New Sanctions Issued on Russia on Anniversary of War

Just ahead of sunrise, a line of illegal immigrants waits along the border wall in Yuma, Arizona, to be processed by Border Patrol. Where are they from, and what do they tell us about why they chose to come illegally? Marking the one-year anniversary of Russia’s invasion of Ukraine, President Joe Biden and Group of…


G-7 Nations to Provide Vietnam With $15.5 Billion to Cut Coal Use

HANOI—The Group of Seven (G-7) industrialized nations will provide $15.5 billion to help Vietnam transition away from coal, the British foreign office said on Wednesday. The deal will be the third agreement of this type reached by G-7 nations. The group signed similar deals last year with South Africa and last month with Indonesia. An…


Canadians Most Educated in G7, but Job Requirements and Training Gaps Persist

Canada has the most educated workforce among the G7 countries, but concerns remain regarding the mismatch between training and job needs. A Statistics Canada report, based on the 2021 census, found that 57.5 percent of Canadians aged 25 to 64 had a college or university credential. Japan was second among the G7 countries, at 55.6…


G7 Price Cap on Russian Oil Kicks In, Russia Will Only Sell at Market Price

BRUSSELS—The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow’s ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even if it has to cut production. The price cap, to be enforced by the…


Canada Has Most Educated Workforce in G7, According to StatCan

The latest release of 2021 census data shows Canada continues to lead the G7 countries for the most educated workforce thanks to its strong college sector and highly educated immigrants. Just over 57 percent of workers aged 25 to 64 have a college or university credential. Statistics Canada says almost one in four working-age people…


‘Naivety Toward China Is Over’: G7 Nations to Take Tougher Stance on China Trade

G7 Trade Ministers have said they will take a tougher stance on China over trade, after a two day meeting at Neuhardenberg Palace in East Berlin, Germany, on Sept. 15. Experts believe the change is because the countries have become increasingly alert to the Chinese regime’s aggressive behavior towards the international community. German Minister for…


Price Cap on Russian Oil Not a ‘Panacea’ for Global Energy Markets, Experts Warn

The Group of Seven’s (G7) plan to install a price cap on Russian crude oil is not a “panacea” for international energy markets and may worsen conditions, experts say. G7 finance ministers recently agreed to institute a price cap on Russian oil in an effort to cripple the country’s revenues that help pay for its…