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.
Canada will boost its defense spending to reach NATO’s 2% of GDP target by March 2026, Prime Minister Mark Carney announced on Monday.
Canada will reach NATO’s 2% defense spending target this fiscal year—years ahead of schedule—Prime Minister Mark Carney announced Monday, pledging billions in new military investments amid rising global security concerns.
Canadian Prime Minister Mark Carney is expected to announce a major new defence and security investment plan on Monday that will help Canada reach NATO's target of spending 2% of its GDP on the military this fiscal year, according to two senior government sources cited by The Globe and Mail.
Chinese Premier Li Qiang and Canadian Prime Minister Mark Carney held talks to improve bilateral ties, pledging renewed dialogue and cooperation. Despite recent tensions, both leaders expressed interest in pragmatic engagement and resolving key issues through open communication.
Canada is ready to retaliate if talks with Washington fail to reverse the U.S. decision to double tariffs on steel and aluminum imports, as President Trump's move adds pressure on global trade and pushes allies into urgent negotiations.
President Donald Trump held a large military parade in Washington on Saturday to mark the U.S. Army’s 250th anniversary and his 79th birthday.
On June 14, 2025, a group of protesters assembled outside the entrance to Baghdad's Green Zone, home to the US Embassy and key government institutions, to voice opposition to Israeli strikes on Iran.
Iran launches a new barrage of missiles and drones at Israel, triggering extensive Israeli counter-strikes on strategic sites. Impacts and casualties are reported in both nations.
The latest round of U.S.-Iran nuclear talks, scheduled for Sunday in Muscat, have been canceled. This development follows Iranian President Masoud Pezeshkian's explicit statement that Tehran refuses to negotiate as long as Israeli attacks persist.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
Pakistan will begin its first freight train service to Russia from Lahore on June 22. The route is part of the INSTC and aims to connect Pakistan's rail network with Central Asia, establishing a new trade corridor via Iran, Turkmenistan, and Kazakhstan.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 8th, covering the latest developments you need to know.
Presidential candidate Miguel Uribe Turbay is in critical condition after being shot three times — including twice in the head — during a campaign event in Bogotá.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Mexican President Claudia Sheinbaum has condemned U.S. immigration raids and National Guard deployment in Los Angeles, calling for reforms instead of enforcement.
On June 14, 2025, a group of protesters assembled outside the entrance to Baghdad's Green Zone, home to the US Embassy and key government institutions, to voice opposition to Israeli strikes on Iran.
Iran launches a new barrage of missiles and drones at Israel, triggering extensive Israeli counter-strikes on strategic sites. Impacts and casualties are reported in both nations.
Israeli Prime Minister Benjamin Netanyahu has issued a stark warning of more strikes targeting the Iranian regime, a declaration that comes as Iran confirms the death of a prominent security and foreign policy adviser.
President Recep Tayyip Erdogan warned that the cycle of violence sparked by Israel’s attacks on Iran threatens regional stability, urging Syria to avoid involvement during a phone call with Syrian President Ahmad al-Sharaa.
Japanese Prime Minister Shigeru Ishiba strongly condemned Israel’s military attacks on Iran on Friday, calling the strikes “totally intolerable” and warning against further escalation in the region.
President Donald Trump held a large military parade in Washington on Saturday to mark the U.S. Army’s 250th anniversary and his 79th birthday.
On June 14, 2025, a group of protesters assembled outside the entrance to Baghdad's Green Zone, home to the US Embassy and key government institutions, to voice opposition to Israeli strikes on Iran.
Iran launches a new barrage of missiles and drones at Israel, triggering extensive Israeli counter-strikes on strategic sites. Impacts and casualties are reported in both nations.
The latest round of U.S.-Iran nuclear talks, scheduled for Sunday in Muscat, have been canceled. This development follows Iranian President Masoud Pezeshkian's explicit statement that Tehran refuses to negotiate as long as Israeli attacks persist.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
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