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Friday, July 19, 2019

Tag: G7

France defiant in digital tax showdown with US at G7

France has passed a new law that will tax digital giants on revenue accrued inside the country, even if their European headquarters are elsewhere.

G7 urges greater role for women in peace processes

The G7 ministers also called on greater mobilisation worldwide to 'prevent sexual and gender-based violence in conflict'.

G7 calls for ‘transparent’ probe in Khashoggi case

Officials in Turkey say that the Saudis killed Khashoggi inside the consulate.

Russia called to ‘account for role’ in MH17 tragedy

G7 ministers say a joint investigation into the crash has yielded 'compelling, significant and deeply disturbing' findings on Russia's involvement.

Euro rises despite G7 fracas as investors look to ECB, Fed

The euro gained 0.4% to $1.1816, closing in on a two-week high of $1.1840 touched on Thursday.

Asian traders cautious after G7 debacle, eyes on Trump-Kim summit

Asian markets fluctuated Monday after the G7 meeting ended with deep divisions between the US and its allies, while investors are looking ahead to Donald Trump's summit with North Korean leader Kim Jong Un.

China, Russia, cementing rising Eastern bloc as Trump rattles G7

On Sunday, Xi and Putin toasted the expansion of the Shanghai Cooperation Organization, an eight-member bloc designed to coordinate security policies across Asia.

US blames Canada for G7 fiasco, says Trudeau ‘stabbed us in...

The US blamed Canada on Sunday for the disastrous ending to the G7 summit, saying Prime Minister Justin Trudeau "stabbed us in the back," while American allies held Washington responsible.

Merkel: EU will act against US tariffs on steel, aluminium

The summit did not mark the end of the transatlantic partnership between Europe and the US, Merkel said. But she repeated that Europe could no longer rely on its ally and should take its fate into its own hands.

Putin dismisses G7 criticism as ‘babbling’, calls for cooperation

At the same time he downplayed tensions at the acrimonious G7 meeting in Quebec City, after Trump disowned the joint summit statement and lambasted Canadian Prime Minister Justin Trudeau.

France on G7: ‘Fits of anger’ cannot dictate international cooperation

This follows Donald Trump reneging on a joint statement made by G7 nations.

US tariffs threat a headache for foreign automakers

After yanking his endorsement of a joint statement at the G7 summit in Canada, Trump tweeted that his administration taking a "look at Tariffs on automobiles flooding the US market."

Trump trade fury plunges G7 summit into chaos

Just minutes after a joint communique that had been approved by the other leaders of the Group of Seven allies was published, Trump launched a Twitter broadside from aboard Air Force One.

Trump withdraws endorsement of G7 joint statement

The US president then had angry words for Trudeau, saying the Canadian prime minister had "acted so meek and mild" in their joint discussions only to later pledge in a press conference that he would not be pushed around.

Trump turns tables on G7 summit with free trade ‘proclamation’

The trade spat dominated the meeting, with Canadian and European leaders threatening retaliatory duties in response to the US levies.

Trump says would be ‘positive’ to return Russia to G8

Trump's proposal for Russia to be brought back into the fold -- which he made in Washington just before flying to Canada -- received short shrift from European members of the G7, including Britain, France and Germany on the first day of the summit.

Trump insists G7 trade talks ‘extremely productive’

Briefing reporters immediately before cutting short his stay at the conference in Quebec and heading to Singapore for a nuclear summit with North Korean leader Kim Jong Un, Trump firmly denied the G7 meeting had been contentious.

Trump: ‘One time shot’ for peace with North Korea

US president Donald Trump said North Korea had one shot to forge peace between North Korea and the world.

Trump to leave G7 early, tensions high after ‘rant’ over trade

The six-plus-one tone of the gathering in Quebec means the leaders from Canada, Britain, the United States, France, Germany Italy and Japan are unlikely to issue a joint statement, too sharply divided on trade or the environment to reach consensus.

US, EU take small step on trade, but no breakthrough at...

US trading partners have been furious over President Donald Trump's decision last week to impose tariffs on steel and aluminium imports from Canada, the European Union and Mexico as part of his "America First" agenda.

Merkel said to favour trade dispute body as G-7 summit begins

The sharp disagreements are making it difficult for nations to come up with a traditional concluding statement from the meeting, outlining the G-7 nations’ shared goals.

Trump breaks with G-7 to urge Russia return, jabs `Unfair Trade’

Trump’s Russia comment won a quick endorsement from Italian Prime Minister Giuseppe Conte, who said on Twitter that Russia’s re-admission would be “in everybody’s interest.”

Asian markets head into weekend with losses as G7 looms

The euro has also held on to its latest gains on expectations the European Central Bank will soon start winding down its crisis-era stimulus, while oil added to Thursday's rally as Venezuela struggles to produce and export.

Trump attacks EU and Canada on trade amid backlash ahead of...

In a bid to rebuild America's industry, Trump has imposed hefty tariffs on steel and aluminium imports, including those from key G7 allies like Canada, Japan and the European Union.