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 Group of 7 countries (G7)

The G7 began in 1975 as the Group of Six and included the countries of France, West Germany, Italy, Japan, United Kingdom, and United States, and was joined by Canada the following year. Collectively, the G7 nations comprised 50.4% of global nominal GDP and 39.3% of global GDP (PPP). This group meets several times a year to discuss economic policies. Their work is supported by regular, functional meetings of officials, including the G7 finance disputes.

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updated Mon. May 22, 2017

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"People are more comfortable today, now that they've had the opportunity to spend time with me and listen to the president and hear our economic message", Mnuchin said after a two-day meeting in Bari, Italy, with members of the Group of Seven ...
May 22, 2017 - The Elders have written to Italian Prime Minister Paolo Gentiloni to express support for his country's leadership on climate issues as President of the G7 group of industrialised countries. They urged him to push for solidarity and unity ...
International summits this week are expected to touch on problems dealing with Moscow, including the NATO Western military alliance and the G-7 meeting of developed nations. Neither embraces Russia as a member. NATO leaders meet May 25 in Brussels ...
Humanitarian organisation Oxfam has urged G7 countries to pay up nearly half of the United Nations (UN)'s $6.3bn appeal to avoid unprecedented famine.
Estimates indicate that the G7 nations account for at least 46 per cent of the global Gross Domestic Product and slightly over 30 per cent of the purchasing power globally.
With the appointment of Sylvie Goulard as France's new defense minister last week, four of seven G7 countries now boast women in a role long seen as a bastion of male power.
In so doing Trump will be entering into the top table of global security and economic diplomacy with leaders from NATO and the G7 countries. Some four months after taking office, European and wider Western allies are still very nervous about what ...
Russia and Saudi Arabia have already voiced support, as have most of the participating nations. Leaders of the G7 countries will meet in Sicily this week. The summit will mark the first such sit-down for newly minted US and French presidents Trump and ...
Finally, the G7 financial leaders took the first steps to develop a coordinated taxation approach towards digital economy, and asked the Organization for Economic Cooperation and Development (OECD) to develop a series of policy options in an interim ...
Three children look out of the window of a train in Macedonia, as refugees primarily from the Syrian Arab Republic, Afghanistan and Iraq board the train at a reception center for refugees and migrants, in Gevgelija in October 2015.
French President Emmanuel Macron is holding talks with Italian Prime Minister Paolo Gentiloni in Paris ahead of next week's G-7 meeting in Sicily. Macron hosted Gentiloni for a working dinner the Elysee Palace on Sunday, when the leaders will discuss ...
Leaders of the Group of Seven major countries, in a joint statement to be adopted at their meeting later this month, are expected to state their intention to tighten sanctions on North Korea based on past U.N.
The meeting of the Group of 7 finance ministers in the southern Italian seaside town of Bari is to kick off Friday with a discussion of how to make economic growth ...
G7 members have said they want a better sense of the plans of US President Donald Trump, who has threatened to upset the global consensus of recent decades on issues such as trade and rules for the Financial Services industry.
US President Donald Trump, who has previously described global warming as a "hoax" perpetrated by China, said prior to winning office he wants to "cancel" the 196-nation Paris agreement to rein in global warming by curbing emissions from burning oil, ...
According to French finance Minister Michel Sapin, all the other rich countries unanimously called on U.S. to respect global trade.
The UK's GDP growth rate has slowed from 3.1% in 2014 to 1.8% in 2016. The IMF's latest forecast is for UK growth to be 2% in 2017, behind the USA's 2.3%.
Indeed, while the G7 made its pledge, a massive-scale cyber attack in private companies and public institutions was reported by nearly 100 countries in the world. Mnuchin spoke after face-to-face meetings with major trade partners such as Germany ...
If he shows up, he'll know it as the tourist town of "Taormina", and he'll be dropping in fof the 43rd Meeting of the Group of Seven Industrialized Nations (G-7). He'll no doubt be tickled to learn that ... That world, it turns out, is wrapping up ...
Along the way he will meet with King Salman of Saudi Arabia, Israeli Prime Minister Benjamin Netanyahu, Palestinian President Mahmoud Abbas, Pope Francis, Italian President Sergio Mattarella, King Philippe of Belgium and the leaders of the G7 countries ...
finance chiefs from numerous world's leading rich nations pressed the United States Friday not to break a decadeslong global consensus in areas such as trade and financial regulation criticized by U.S.
UNICEF officials hope that the data will move the seven leading economies to adopt measures at the G7 Summit in Italy that would protect refugee and migrant children.
Trump begins a five-nation tour this week, starting in Saudi Arabia and finishing at the G7 Summit in Italy. "The one thing that he doesn't have patience for is this kind of lip service," the official said.
"In the bilateral ahead of the G-7, Gentiloni is going to tell Trump that Italy - along with the other European Union governments - strongly support the Paris Agreement regardless of what the U.S.
But the issue could become a stumbling block at a G-7 meeting of leading Western powers in Sicily this month, amid uncertainty over whether the U.S.
"I think further exposure of Mr. Pruitt to his counterparts in other countries will definitely help him better understand the issue," said Jonathan Pershing, the former deputy special envoy for climate change at the State Department under President ...
finance ministers and central bank governors from the G7 coalition of major economies agreed to increase their efforts at tackling inequality and ensuring that trade better supports their economies, just two weeks before leaders are due to gather in ...
"In the bilateral ahead of the G-7, Gentiloni is going to tell Trump that Italy - along with the other European Union governments - strongly support the Paris Agreement regardless of what the U.S.
The Italian prime minister noted at the beginning of the meeting that he was glad to have an opportunity to discuss both relations between the two countries, which he described as very successful, and some delicate issues concerning international ...
Then he moves on to Brussels to meet NATO leaders an then the G7 meeting of world economic powers in Sicily. Mr Trump will be ... His choice of countries was surprising following his America First rhetoric during the campaign which suggested he would ...
The meeting in Italy of finance ministers and central bank governors from the Group of Seven major nations sounded an alarm bell in its communique, saying that excessive inequality limits future growth potential.
President Petro Poroshenko will hold consultations with the leaders of the G7 countries in the near future. The Head of State said this on the air of ICTV channel, the President's press service reported on Tuesday.
The Group of Seven (G7). The G7 serves as a forum for highly industrialized democracies to coordinate economic, security, and energy policy, but critics say that its membership is outdated, undermining its relevance to global governance.
The meeting focused on finance and security issues such as keeping multinationals from dodging taxes and a collective response to cybercrime like the ransomware attack that hit dozens of countries on Friday. A broader theme not on ... Trump has vowed ...
Group-of-Seven ministers slowly coming to terms with the reality of Donald Trump's administration are about to leave the heavy lifting to their bosses.
One of the lessons of the paper is that, despite progress made by most G7 countries in improving gender equality (see chart below), there is still a large unfinished agenda.
The leaders of the Group of 7 (G7) nations meet in Taormina, Sicily. At least one newcomer to the group of major industrialized countries disdains traditional G7 aspirations as a matter of principle. Another newcomer ... Far right French presidential ...
The issue of terror financing was discussed in every bilateral meeting with finance officials from other G7 countries, including Italy, Germany, Canada and Britain.
Based upon information provided by G7 countries on money and value transfer services, improvements should be made as to the collection of updated information on entities acting as agents for a principal, as well as exchange of supervisory information.
Meanwhile, the Group of 7 (G7) countries - consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States - said they were not going to be caught flatfooted again.
By Yu Toda and Takanori Yamamoto / Yomiuri Shimbun CorrespondentsBARI, Italy - finance ministers and central bank governors of the Group of Seven industrialized countries agreed to make efforts to close economic gaps in their countries during their ...
The issue of terror financing was discussed in every bilateral meeting with finance officials from other G7 countries, including Italy, Germany, Canada and Britain.
In Beijing, Chinese President Xi Jinping told his Russian counterpart Vladimir Putin that their countries are both playing an "important role as a balancing power" in world affairs by seeking a peaceful way out for of the crises in Syria and the Korean ...
Officials from the G-7 countries hoped to learn more about the U.S. president's plans, which they feared would revive protectionist policies and result in a global regression on issues such as banking reform and climate change.
Italian Premier Paolo Gentiloni says the G-7 summit his country is hosting later this month will discuss how to deal with the risk North Korea's missile launchings pose to global security.
Italian Premier Paolo Gentiloni says the G-7 summit his country is hosting later this month will discuss how to deal with the risk North Korea's missile launchings pose to global security.
Italian Premier Paolo Gentiloni says the G-7 summit his country is hosting later this month will discuss how to deal with the risk North Korea's missile launchings pose to global security.
finance chiefs from the Group of Seven rich countries will commit on Saturday to join forces to fight the growing threat of international cyber attacks, according to a draft statement of a meeting they are holding in Italy.
finance ministers from the G7 club of rich countries committed to greater coordination in facing the rising threat of international cyberattacks in a joint statement Saturday.


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