Leaders of the world’s wealthiest democracies struck a united stance to support Ukraine for “as long as it takes” as Russia’s invasion grinds on, and said they would explore far-reaching steps to cap Kremlin income from oil sales that are financing the war. The final statement Tuesday from the Group of Seven summit in Germany underlined their intent to impose “severe and immediate economic costs” on Russia.
G7 Leaders End Summit Pledging To Hurt Russia Economically
ZEKE MILLER and GEIR MOULSON / AP, Time: Business
Tue, 06/28/2022 - 5:11am
Topics: ldquo;we read to know about g7 summit leaders black sea european union india president vladimir putin france italy u.k canada ukrainian president volodymyr german chancellor olaf scholz kremenchuk schloss elmau bavarian alps nato japanese prime minister fumio kishida west members celsius 2.7 fahrenheit countries speaking elmau russia group germany g7 u.k u.s japan ukraine ukrainian zelenskyy scholz madrid war oil price long measures work move global club imports details takes&rdquo support pledged key level climate income energy invasion left cap aim food sanctions theory weeks hit mall shopping grain service
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But the group said there were significant geopolitical risks to the outlook, primarily from Russia's war in Ukraine ... presenting options to G7 leaders at a June summit in Italy.
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