German Finance Minister Lars Klingbeil expressed hope that the G7 will issue a joint communique supporting Ukraine, despite tensions with the US over wording related to the conflict with Russia. Talks also continue on trade issues and sanctions.
German Finance Minister Lars Klingbeil said he was optimistic that the Group of Seven (G7) advanced economies would agree on a joint communique expressing support for Ukraine, despite differences with the US over the wording related to the ongoing conflict involving Russia.
Earlier reports indicated uncertainty about whether G7 finance ministers meeting in Canada could agree on language, with some US officials reportedly seeking to remove terms describing Russia’s military actions in Ukraine as “illegal.”
Speaking at a press conference in Banff, Klingbeil said, “I am very positive that we will also reach a joint communique.” He added that if no progress is made toward negotiations, further sanctions could be considered.
The EU and UK recently announced new sanctions against Russia without waiting for the US to join, following a call between US President Donald Trump and Russian President Vladimir Putin that did not lead to a ceasefire or new US sanctions. European leaders have urged the Trump administration to participate in imposing new measures if diplomatic efforts stall.
Klingbeil noted that G7 finance ministers, along with their Ukrainian counterpart, described the conflict as a “brutal war” and emphasized continued support for Ukraine.
“I am optimistic that such wording will be included in the communique, but please wait for the exact text,” Klingbeil said, deferring to the Canadian presidency managing the final statement.
On trade, Klingbeil met with US Treasury Secretary Scott Bessent and agreed to hold further talks in Washington. He said, “We have always discussed forward, how we can take steps together to find solutions.”
However, Klingbeil warned that if no agreement is reached with the US on tariffs, market turbulence could quickly return. The Trump administration currently applies tariffs of 25% on steel, aluminum, and cars, along with a baseline 10% tariff on most imports, and has threatened additional tariffs if negotiations fail.
BMW is recalling more than 720,000 vehicles in the U.S. over a fire risk, warning owners to park outside and away from buildings until repairs are ...
Tajikistan has urged the international community to increase funding to protect shrinking glaciers and help mountain communities adapt to climate c...
A new study in mice suggests the brain’s protective barrier does more than block harmful substances. It also delivers essential proteins from...
European leaders gathered in Dublin on Thursday, 12 November, for the ninth European Political Community (EPC) summit, with security, defence and energy high on the agenda. Azerbaijani President Ilham Aliyev held talks focused on peace, trade and regional cooperation.
Iran will not let a single particle of its enriched nuclear material leave the country, and any new U.S. attack would be met with strikes on distant American bases, Iranian security chief Mohsen Rezaei has said.
Nvidia chief executive Jensen Huang is stepping down amid reports linking him to a woman suspected by U.S. authorities of spying for China, throwing the future of the $4 trillion chipmaker into uncertainty.
Kazakhstan’s security service has arrested Nurlan Zhakupov, CEO of Samruk-Kazyna, the country’s sovereign wealth fund, on suspicion of corruption. Yelzhas Otynshiyev, Chairman of KTZ, Kazakhstan’s national railway firm has also been detained.
Eight people have been killed and at least 17 injured after an apartment building collapsed into a neighbouring construction site in Brooklyn, New York, as rescuers continued searching the rubble for possible survivors.
BMW is recalling more than 720,000 vehicles in the U.S. over a fire risk, warning owners to park outside and away from buildings until repairs are completed. The recall follows 10 reported fires involving cars previously repaired for the same fault.
The United Nations Children’s Fund (UNICEF) says 3.7 million children in Afghanistan are suffering from acute malnutrition, as worsening drought and funding shortages threaten to deepen the crisis amid the COP31 climate summit in Türkiye.
A consortium of Türkiye’s Limak and Qatar’s HBK Contracting has won an international tender to build and operate a new airport terminal in Bukhara, Uzbekistan, under a 23-year public-private partnership, with the project potentially costing up to $300 million.
Spain’s parliament has approved a government package aimed at easing the country’s housing crisis, a day after workers staged the first general strike in 14 years over soaring housing costs.
Here's your AnewZ Technology Daily Brief for the 13th of November. This week, a Microsoft outage hit Australian agencies, Google restricted mapping data in South Korea, a lawsuit targeted advanced AI development, and Nvidia faced a leadership crisis after Jensen Huang's resignation.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment