President Joe Biden on Wednesday set off on his first foreign trip since taking office, aiming to strengthen ties with European allies and vowing to project that strength to strategic rivals China and Russia. Prior to boarding Air Force One, Biden told reporters at Joint Base Andrews that his goal will be “strengthening the alliance,…
Biden Departs for First Foreign Trip, Claims ‘Tight’ US-Europe Ties Ahead of Meeting With Putin
Prime Minister Calls For ‘Cold War Cooperation’ and WTO Penalties Ahead of G7 Leader Talks
Australian Prime Minister Scott Morrison on June 9 delivered a warning about the growing threat of conflict in the Indo-Pacific on the eve of his trip to the United Kingdom, where he will be a guest at the Group of Seven (G7) Plus meeting of world economic powers. In a significant foreign policy speech that alluded…
G-7 Agrees on Global Minimum Corporate Tax, But Details Need Working Out
The world’s leading industrial nations reached an accord on June 5 to set a global minimum tax rate, in an effort to discourage multinational corporations from shifting profits to low-tax countries. While the accord is a significant breakthrough for those seeking international agreement on corporate taxes, there’s more work ahead. The Group of Seven (G-7) nations…
G7 Agrees on Global Minimum Corporate Tax, But Details Need Working Out
The world’s leading industrial nations reached an accord on June 5 to set a global minimum tax rate, in an effort to discourage multinational corporations from shifting profits to low-tax countries. While the accord is a significant breakthrough, for those seeking international agreement on corporate taxes, there is more work ahead. Group of Seven (G-7) nations…
Biden G7, NATO To-do List: Unite Allies, Fight Autocracy, Attack COVID-19
WASHINGTON—President Joe Biden’s meeting with leaders of the Group of Seven leading industrial economies in an English seaside village this week will usher in a new focus on rallying U.S. allies against common adversaries—the COVID-19 pandemic, Russia, and China. New COVID-19 variants and rising death tolls in some countries will loom large during the gathering…
US Treasury’s Yellen Tells G7 to Keep Spending, Says Inflation Will Pass
LONDON/WASHINGTON—U.S. Treasury Secretary Janet Yellen urged other rich nations on Saturday to keep up spending to support their economies even as the COVID-19 pandemic wanes, and said U.S. inflation this year would be elevated but transitory. Yellen told a news conference after G7 finance ministers met in London that they needed to invest in a…
O’Toole Wants Trudeau to Stand up to China at G7, Push Relocation of Beijing Olympics
OTTAWA—Canada’s Official Opposition wants Prime Minister Justin Trudeau to use his time at the G7 Leaders’ Summit to take a stand against China and call for the 2022 Winter Olympics to be moved from Beijing. Conservative Leader Erin O’Toole sent the letter today as Trudeau is set to convene with other world leaders in the…
Prime Minister Justin Trudeau to Attend G7 Leaders’ Summit in Person: British PM
OTTAWA—British Prime Minister Boris Johnson says that Prime Minister Justin Trudeau will attend the G7 Leaders’ Summit in person next month. A readout of a phone conversation Friday between Johnson and Trudeau says the leaders look forward to seeing one another in person in Cornwall, U.K., in two weeks’ time. Trudeau has previously said he…
G7 Foreign Ministers Condemn Belarus, Threaten Further Sanctions
OTTAWA—The G7 says it will ramp up its efforts to hold Belarus accountable for arresting a dissident journalist on board an intercepted jetliner, though additional penalties have yet to be nailed down. In a statement Thursday, the countries’ foreign ministers along with a European Union representative said they will impose “further sanctions as appropriate,” condemning…
G-7 Scolds China and Russia Over Threats, Bullying, Rights Abuses
LONDON—The Group of Seven scolded both China and Russia on Wednesday, casting the Kremlin as malicious and Beijing as a bully, and expressed support for Taiwan and Ukraine. Founded in 1975 as a forum for the West’s richest nations to discuss crises such as the OPEC oil embargo, the G-7 this week addressed what it…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`