Tag: G7

The G-7 Is a Burr in Xi Jinping’s Saddle

Commentary The communist Chinese pour cold water on the actions and pronouncements of any international body that excludes China from participation. This is particularly true of intergovernmental organizations that can greatly affect the world economy, as the so-called Group of Seven is meant to do under the leadership of the United States. Since Xi Jinping…


G-7 and China

Commentary The Chinese Communist Party (CCP) is angry at the G-7 statement, while Taiwan is happy, and Russia and China are moving closer together. The G-7 meeting, which ended on May 21, concluded with a joint statement saying that the group condemned Russia’s invasion of Ukraine. It also stressed the importance of “peace and stability…


Canada Has Highest Household Debt Level in G7: CMHC Deputy Chief Economist

Canada has the highest level of household debt in the G7, making its economy vulnerable to a global economic crisis, according to the country’s housing agency. In an analysis published Tuesday, Canada Mortgage and Housing Corp. deputy chief economist Aled ab Iorwerth said that the country’s household debt has been rising “inexorably” due to rising…


US Chipmaker Micron Banned in China

Are tensions between the United States and China still on a downward spiral? Another company is getting caught in the crossfire, restricted over so-called national security concerns—but this time, it’s American, and Beijing’s Communist Party is doing the banning. Top chip maker Micron is now no longer allowed to sell semiconductors for use in Chinese…


Feds Need to Act on Intelligence Briefings, Not Establish More Agencies

Commentary We are an odd nation. We aspire to be many things, to be included in multilateral fora, to be noticed. We want to be seen as important, as “not Americans.” Maybe that is partly a consequence of having the United States next door and feelings of inadequacy/fear. As Prime Minister Trudeau—Pierre, not the current…


China Poses ‘Biggest Challenge’ to Global Security and Prosperity, UK Prime Minister Warns

The Chinese regime poses “the biggest challenge” to global security and prosperity, UK Prime Minister Rishi Sunak has said. Speaking on the last day of the Group of Seven (G-7) summit in Japan, Sunak said: “China poses the biggest challenge of our age to global security and prosperity. They are increasingly authoritarian at home and…


Australian PM Backs G-7 Statement Against China’s Economic Coercion

Prime Minister Anthony Albanese has expressed Australia’s support for the leaders’ statement coming from the G-7 summit against China asserting its disputed claims in the Indo-Pacific region through force and coercion. “We have said for some time that China’s activity, and we expressed concern for ourselves as well, the chafing of one of our aircraft,…


Australian PM Backs G7 Statement Against China’s Economic Coercion

Prime Minister Anthony Albanese has expressed Australia’s support for the leaders’ statement coming from the G7 summit against China asserting its disputed claims in the Indo-Pacific region through force and coercion. “We have said for some time that China’s activity, and we expressed concern for ourselves as well, the chafing of one of our aircraft,…


G-7 Summit: ‘Constructive Relations’ With China

Seven leaders from some of the globe’s most powerful nations met in Japan on Friday, seeking to reduce dependence on China while maintaining ties with the world’s second-largest economy. Many also are urging Beijing to use its influence for good, to bring the Russia-Ukraine conflict to a close. Topics in this episode: G7 Summit: ‘Constructive…


Gen. Flynn Criticizes Pentagon’s $3 Billion Overestimation of Ukraine Aid: ‘Should Not Have Occurred’

The Pentagon is found to have overestimated the value of weapons sent to Ukraine by $3 billion. General Michael Flynn joins us to discuss the issue. High-stakes negotiations over the debt ceiling have hit a road bump. Find out why Republicans have hit the pause button. The United States is laying out the largest set of…