Aug 24, 2021 10:13 AM IST
Widespread chaos punctuated by sporadic violence has engulfed Kabul’s airport since the Taliban took over the Afghan capital on Aug. 15, with Western and Afghan forces driving back crowds desperate to flee.
- Aug 23, 2021 07:56 AM IST
British Prime Minister Boris Johnson, who currently leads the group that includes the United States, Italy, France, Germany, Japan and Canada, called on Sunday for the virtual meeting, in the wake of the Taliban’s swift takeover of Afghanistan.
- Aug 18, 2021 11:07 AM IST
Biden and Johnson spoke over phone regarding the developments in Afghanistan, the White House said on Tuesday, adding that the two leaders commended the bravery and professionalism of their military and civilian personnel, who are working together in Kabul on the evacuation of their citizens and Afghan nationals who assisted in the war effort.
- Jun 16, 2021 08:43 AM IST
As the West gears up to counter China’s supremacy, New Delhi’s response is guarded as it has to balance India’s geopolitical and commercial interests
- Jun 15, 2021 07:14 PM IST
China's show of force comes after leaders of the Group of Seven industrialized nations issued a statement Sunday calling for a peaceful resolution of cross-Taiwan Strait issues and underscored the importance of peace and stability.
- Jun 14, 2021 06:25 PM IST
While parts of the G7 countries fund may later reach India through climate financing and sustainable development grants, officials say its biggest ripple effect will be in containing Chinese influence over India's traditional allies, who have increasingly veered towards Beijing following the Big Dragon's massive infrastructure investments
- Jun 14, 2021 02:23 PM IST
Prime Minister Modi on Sunday said India is a natural ally for the G7 and its partners in defending democracy, freedom of thought and liberty from a host of threats stemming from authoritarianism, terrorism, violent extremism and economic coercion.
- Jun 13, 2021 03:10 PM IST
Leaders of the G7 begin their first of three days of meetings on June 11 in Carbis Bay, in which they discussed COVID-19, climate, foreign policy and the economy.
- Jun 13, 2021 02:31 PM IST
“The days when global decisions were dictated by a small group of countries are long gone,” a spokesman for the Chinese embassy in London said. “We always believe that countries, big or small, strong or weak, poor or rich, are equals, and that world affairs should be handled through consultation by all countries.”
- Jun 13, 2021 02:24 PM IST
"The commitments since we last met in February 2021 including here in Carbis Bay provide for 1 billion doses over the next year," the communique said.
- Jun 13, 2021 01:51 PM IST
The 95-year-old British monarch will greet the Bidens in the Quadrangle of the castle, home to the royal family for nearly 1,000 years and where she has spent much of her time since the outbreak of the coronavirus pandemic.
- Jun 13, 2021 12:57 PM IST
Membership, which is decided internally, hasn’t changed much since the group’s founding in 1975. At the time, it included only six countries, all of which still belong. Canada joined a year later. Russia joined as an eighth member in 1998, temporarily changing the group’s moniker to the G-8, but Russia was ousted after it annexed Crimea in 2014.
- Jun 13, 2021 07:54 AM IST
“The challenge, I said to the G-7 leaders, was that to truly end the pandemic, our goal must be to vaccinate at least 70% of the world''s population by the time the G-7 meets again in Germany next year,” WHO Director-General Tedros Adhanom Ghebreyesus told reporters Saturday at the summit in southwest England.
- Jun 13, 2021 07:36 AM IST
In his address, PM Narendra Modi sought the support of the G7 countries for a proposal moved at the WTO by India and South Africa, for patent waiver on Covid related technologies.
- Jun 13, 2021 07:26 AM IST
The official, speaking on condition of anonymity, said the leaders of the Group of Seven world's largest advanced economies had also agreed on the need to coordinate on supply chain resilience to ensure democracies are supporting each other.
- Jun 12, 2021 03:16 PM IST
While the leaders of the world’s richest countries agree in theory on the need to reach net zero emissions by 2050 at the latest, they remain faithful to a fossil fuel industry reluctant to substantively change its business model.
- Jun 12, 2021 07:49 AM IST
The issue will be on the table when G7 leaders discuss how to help steer the world's recovery from the coronavirus pandemic at a three-day summit in Cornwall, England, which began on Friday.
- Jun 11, 2021 01:10 PM IST
A global minimum corporate tax rate of 15 percent is expected to be beneficial for India. The Tax Justice Network estimates the country to gain at least $4 billion, equivalent to ~6 percent of FY21 corporate tax collections
- Jun 11, 2021 10:13 AM IST
Steak and lobster, toasted marshmallows and more — here's what G7 leaders have on their food menu this weekend
- Jun 10, 2021 04:50 PM IST
From the Indian perspective, considering that its corporate tax rate already exceeds the proposed global minimum tax rate, the G7 global minimum tax is unlikely to adversely impact companies operating in India
- Jun 10, 2021 02:07 PM IST
Given the fluctuations in trade, rising demand and growing scarcity of raw material, the proposed Critical Supply Forum will become significant for major users of semiconductors including India.
- Jun 09, 2021 07:16 PM IST
Officials say the response by the 'world's richest club' to the ongoing pandemic will set the tone for global efforts for rest of 2021.
- Jun 09, 2021 10:50 AM IST
Biden will make his first stop at the seaside village of St. Ives in Cornwall where he will participate in the G7 summit. The meeting is expected to be dominated by vaccine diplomacy, trade, climate and an initiative for rebuilding infrastructure in the developing world. U.S. officials see that effort as a way to counter China's growing influence.
- Jun 09, 2021 08:48 AM IST
G7 finance ministers agreed that governments should get the right to tax at least 20% of profit earned in their country by a multinational, when this profit was over a 10% margin.
- Jun 08, 2021 06:00 PM IST
The tax deal would also greatly reduce the incentive for countries to serve as tax havens in the first place