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#g7

46 posts41 participants1 post today

#Petition: Prime Minister Carney, Act On #Gaza Now! “On June 9, 2025, 412 professors of law, international law & human rights lawyers, academics, civil society, faith & labour leaders, former ministers, diplomats & public servants, wrote to PM Mark Carney, calling on him to intervene decisively in the ongoing genocide in Gaza: alexneve.ca/blog/prime-ministe | See the letter with 5 recommendations, & join the petition at Change.org change.org/p/prime-minister-ca #G7

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The European Commission #EC proposed this week to drop the cap to $45, with High Representative Kaja Kallas suggesting that because #RussianOil mostly transits the Baltic & Black Seas, US support for the measure is not essential.

An accord involving all #G7 nations would be more effective because of the strength of US enforcement, but the #US opposes dropping the price cap, Bloomberg reported, citing unnamed sources.

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The #G7 introduced the $60-a-barrel cap that restricts the price #Russia can earn from its seaborne #oil. But it has not been effective in curbing the Kremlin's revenues since coming into effect in February 2023, partly because of Moscow's #sanctions-busting "shadow fleet" of older vessels & a slump in oil prices.

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Revenues from #FossilFuels form the core of #Russia's fiscal planning. As well as targeting Russia's #NaturalGas, the European Commission's 18th #sanctions package proposed lowering the cap on seaborne Russian #oil from $60 to $45.

The #EU measures, which also target Russian businesses & banking, requires the backing of all 27 members. The proposal on Russian oil would need the support of the #G7, which meets later this month.

Merz beim G7-Gipfel: Der Test nach der Oval-Office-Ouvertüre

Der G7-Gipfel ist die nächste Premiere für Merz. In Kanada dürfte er auch erstmals mit den Regierungschefs aus Indien, Brasilien und Mexiko zusammentreffen. Vor allem geht es aber wieder um Trump. Von Georg Schwarte.

➡️ tagesschau.de/inland/innenpoli

tagesschau.de · Merz beim G7-Gipfel: Der Test nach der Oval-Office-OuvertüreBy Georg Schwarte
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#EU delivers another 1bn euros in macro-financial assistance to #Ukraine as part of #G7 loan

Prime Minister Shmyhal: “Funds will be directed toward key expenditures of the state budget….Together, we will make (Russia) pay for all the damage caused to Ukraine”

The #G7 is happening in Kananaskis, Alberta this coming week. Most of the dignitaries and journos are staying in Calgary. The city/police have set up three designated and controlled protest zones, but the powerful people and media aren’t staying anywhere near those zones - they are booking out the hotels on 9th Ave and near Prince’s Island Park - and their route to KCountry is far away from any protest zone. #outofsight #politics #protest #Canada