Finance ministers from the G7 countries are meeting in Banff for a three-day summit to talk about major global issues, including support for Ukraine, trade tensions with China, and concerns over U.S. policy under President Donald Trump.
Top finance leaders from G7 nations gathered in Alberta, Canada, on Tuesday to address the ongoing war in Ukraine and growing global economic instability, much of it driven by U.S. President Donald Trump's tariffs. The summit, which runs through Thursday, aims to tackle shared economic challenges and forge a unified stance on Ukraine, with Ukrainian officials invited to take part in the discussions.
Canada emphasized its continued support for Ukraine by including a Ukrainian minister at the opening of the talks. “Ukraine’s presence sends a strong message to the world,” said Canadian Finance Minister François-Philippe Champagne, reaffirming the G7's commitment to backing Ukraine against Russia's invasion. He also noted that the group would discuss plans for Ukraine’s post-war reconstruction during the summit.
The meeting comes at a time of uncertainty in G7 unity over Ukraine, particularly following Trump’s return to power. Once closely aligned, the G7 bloc—comprising Britain, Canada, France, Germany, Italy, Japan, and the U.S.—has seen tensions rise due to Trump’s outreach to Russia and the imposition of tariffs on both allies and rivals.
Ukrainian Finance Minister Sergii Marchenko said he would use the summit to press for increased pressure on Russia and reinforce Ukraine’s key priorities.
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Australia and Canada said on Thursday they had signed new agreements on critical minerals as Canadian Prime Minister Mark Carney made a landmark address to the Australian parliament, a sign of the developing bond between the "middle powers".
Canadian Prime Minister Mark Carney arrived in Australia on Tuesday (3 March), aiming to bolster relations between the two so-called "middle powers" amid what he has called a "rupture" in world order.
Mexico has dispatched fresh humanitarian shipments to Cuba as fuel shortages deepen under renewed U.S. pressure, while Canada prepares assistance of its own.
Canadian Prime Minister, Mark Carney, announced on 16 February that the Honourable Janice Charette has been appointed as the next Chief Trade Negotiator to the United States. She's been tasked with overseeing the upcoming review of the Canada-United States-Mexico Agreement (CUSMA).
Mojtaba Khamenei, son of the late Ayatollah Ali Khamenei, is a hardline cleric with strong backing from the Islamic Revolutionary Guard Corps. His rise signals continuity in Tehran's anti-Western policies.
Global oil prices surpassed $119 a barrel on Monday (9 March, 2026), an almost four year high, as the Middle East conflict rumbled on.
China has urged Afghanistan and Pakistan to resolve their dispute through dialogue after Chinese envoy Yue Xiaoyong met Afghan Foreign Minister Amir Khan Muttaqi, as fighting between the two neighbours entered its eleventh day.
Iran named Mojtaba Khamenei to succeed his father Ali Khamenei as supreme leader on Monday (9 March), signaling that hardliners remain firmly in charge, as the week-old U.S.-Israeli war with Iran pushed oil above $100 a barrel.
Entry and exit across the state border between Azerbaijan and Iran for all types of cargo vehicles, including those in transit, will resume on 9 March, according to a statement by the Cabinet of Ministers of Azerbaijan.
Welcome to our live coverage as the conflict involving Iran enters its 11th day. Tensions in the region remain high as the United States and Iran exchange increasingly sharp warnings over the strategic Strait of Hormuz, a critical artery for global oil supplies.
U.S. President Donald Trump and UK Prime Minister Keir Starmer spoke by phone on Sunday as tensions between Washington and Westminster deepened over the conflict involving Iran. The call came less than a day after Trump criticised Britain’s response to U.S. strikes on Iranian targets.
Norwegian police are searching for a suspect after an explosion at the U.S. embassy in Oslo on 8 March caused minor damage but no injuries, in what authorities say may have been a deliberate attack linked to the Middle East crisis.
An explosion damaged a synagogue in the Belgian city of Liège early on Monday (9 March) in what authorities said was an antisemitic attack that caused damage but no injuries.
The Group of Seven (G7) finance ministers will meet on Monday to discuss a global rise in oil prices and a joint release of oil from emergency reserves coordinated by the International Energy Agency, the Financial Times reports.
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