By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
    • Saudi Arabia
    • UAE24/7
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • World
  • Business
    • Market DataLive
    • Finance
    • Economy
    • Energy
    • Crypto
    • ForexHot
    • Tech
  • Sports
  • Lifestyle
  • Videos
Search
Countries
  • Saudi Arabia
  • UAE
  • Kuwait
  • Qatar
  • Bahrain
  • Oman
More Topics
  • Technology
  • Health
  • Entertainment
  • Crypto
  • Forex
  • Stocks
Site Links
  • Business Hub
  • Trending
  • Weather
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Video: G7 Finance Summit in Italy
Share
Notification Show More
Latest News
Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World
Tech
Beat the Heat This Summer with a Chill Out on Dubai Marina
World
Historic Italian City of Assisi to Host International Exhibition “Jordan: Dawn of Christianity”
World
Jordan to Host Iraq in the Final Round of the Asian World Cup Qualifiers After Securing Historic Spot
Sports
The Myriad Redefines Student Living for a Mobile, Urban Generation
UAE
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Videos
Search
  • Home
    • Videos
    • Business Hub
    • Trending
  • Gulf
    • Saudi Arabia
    • UAE
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • Business
    • Market Data
    • Crypto
    • Economy
    • Energy
    • Finance
    • Forex
    • Tech
  • More News
    • World
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > World > Video: G7 Finance Summit in Italy
World

Video: G7 Finance Summit in Italy

News Room
Last updated: 2024/05/24 at 6:30 PM
News Room
Share
3 Min Read
SHARE

The recent G7 meeting in Italy saw U.S. Treasury Secretary Janet Yellen advocating for the release of $260 billion in frozen Russian assets to help support Ukraine amidst its financial struggles during the ongoing conflict. Yellen also highlighted the need for a united front against China’s state subsidies that have been affecting global manufacturing. The final decisions on these matters are anticipated to be made at the upcoming G7 summit in Fasano, Italy, scheduled for June 13-15.

The call to unfreeze Russian assets to assist Ukraine comes at a critical time when Kyiv is facing economic challenges due to the ongoing conflict with Russia. By unlocking these funds, it could provide much-needed financial support to Ukraine and help stabilize its economy. The proposal by Yellen demonstrates a recognition of the urgency in addressing the situation and providing tangible solutions to aid Ukraine in this difficult time.

In addition to the focus on supporting Ukraine, Yellen also emphasized the importance of addressing China’s state subsidies that have been impacting global manufacturing. By taking a unified stance against these practices, the G7 nations can work together to create a fairer and more balanced global trade environment. This issue highlights the broader geopolitical and economic challenges that the world is facing, and the necessity for coordinated efforts to address them effectively.

The upcoming G7 summit in Fasano, Italy, is expected to see final decisions being made on these important matters. The discussions and outcomes of the summit will have significant implications for the global economy and international relations. It will be a crucial opportunity for world leaders to come together, address key issues such as the situation in Ukraine and China’s state subsidies, and work towards finding solutions that benefit all nations involved.

As the world continues to navigate complex geopolitical and economic challenges, the G7 countries have a vital role to play in promoting stability, prosperity, and cooperation. By working together to address pressing issues such as the conflict in Ukraine and unfair trade practices, the G7 nations can demonstrate leadership and solidarity in the face of adversity. The decisions made at the upcoming summit will be closely watched and will have far-reaching impacts on the global stage.

In conclusion, the recent G7 meeting in Italy, with Secretary Yellen’s calls to unlock Russian assets for Ukraine and address China’s state subsidies, sets the stage for important discussions and decisions at the upcoming summit in Fasano. The need for urgent solutions to support Ukraine and promote fair global trade practices underscores the significance of these issues for the international community. As world leaders gather to address these challenges, the outcomes of the summit will shape the future course of international relations and economic cooperation.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room May 24, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article BCCI and BJA collaborate to host a training course on economic journalism
Next Article Alcaraz confesses feeling ‘a bit scared’ about returning from injury at the French Open
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World
Tech July 1, 2025
Beat the Heat This Summer with a Chill Out on Dubai Marina
World July 1, 2025
Historic Italian City of Assisi to Host International Exhibition “Jordan: Dawn of Christianity”
World June 28, 2025
Jordan to Host Iraq in the Final Round of the Asian World Cup Qualifiers After Securing Historic Spot
Sports June 10, 2025

You Might also Like

World

Beat the Heat This Summer with a Chill Out on Dubai Marina

July 1, 2025
World

Historic Italian City of Assisi to Host International Exhibition “Jordan: Dawn of Christianity”

June 28, 2025
SportsWorld

Roland Garros 2025: A New Era of Viewing, A Tribute to Legends, and Moments to Remember

May 22, 2025
LifestyleWorld

Moscow Metro Marks 90 Years with Technological Advancements and Heritage Events

May 19, 2025
World

KoçSistem Participates in LEAP Expo as a Leading Tech Brand from Türkiye

February 18, 2025
World

Gunmen murder three Israelis in attack on West Bank bus

January 6, 2025
World

Video: January 6th Midday Latest News Bulletin

January 6, 2025
World

Video: Latest Updates | January 6th Morning News Bulletin

January 6, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?