Wartime economy, can G7 stare down Russia over Ukraine?
02 July 2022 | 12:09 pm
Who has got who over a barrel? G7 leaders are pushing the idea of capping the price they pay for Russian oil and gas, effectively forcing Moscow to choose whether to supply at a discount or cut off the revenue stream of its pipelines.
Josep Borrell, the EU's foreign policy chief has called for Russia to end its blockade of Ukrainian ports. His comments come ahead of a meeting of the bloc's 27 foreign ministers.
June is Pride Month, a celebration of the world's LGBTQ populations which also serves to continue the fight for equality and justice for the community. Activist Anna Sharyhina joined us on Perspective for a conversation about LGBTQ rights in Ukraine before and since the Russian invasion. Originally from Kharkiv, she co-founded the Ukrainian NGO "Sphere", which works to provide a safe space for the country's queer community and organised Kharkiv's first Pride parade in 2019.
Since Russia invaded Ukraine four months ago, the cost of living crisis has become a global issue. Prices have gone up around the world. In Europe, the countries that use the euro saw an average of 8.1 percent inflation in May. Pressure on prices, combined with stuttering economic growth, has sparked fears of a recession. These concerns could still come into play regarding the EU's response to the Russian invasion of Ukraine. In this programme, we're joined by two MEPs to discuss how the EU should balance sanctions against Russia with the risk of recession.
German Chancellor Olaf Scholz has called for a "Marshall Plan" to rebuild war-scarred Ukraine. What does he mean by that?
War, climate change, hunger, poverty and health will be on the agenda of the G7 summit in Germany. This will be a key opportunity for Chancellor Olaf Scholz to show strong leadership.
Although EU candidacy for Ukraine and Moldova has been hailed as historic, frustrations among other candidates years into their own membership bids should serve as a reminder that the path ahead won't be easy.
The G7 leaders are meeting for three days in Elmau, Germany. The summit has turned this idyllic corner of Bavaria into a high-security zone that has impacted local businesses and schools, as Sabine Kinkartz found out.
Latvian singer Intars Busulis had millions of fans in Russia and a successful concert career. But he has given all that up now. He is writing pro-peace songs and using social media to try to show Russians what is happening in Ukraine. The move has come at some cost.
The G7 summit is set to kick off in Germany, with Western leaders facing up to a daunting set of crises — Russia's war in Ukraine and climate change top the list. As DW's Richard Walker reports, these issues are nothing new for the group of leading economic powers.
Russian President Vladimir Putin promised to transfer the Iskander-M missile systems in their conventional and nuclear versions to Belarus.
Germany's Olaf Scholz is hosting the G7 summit in Bavaria, where world leaders pledged $600 billion dollars to help low-income states build "climate resilient infrastructure." The Ukraine war is also high on the agenda.
Moscow has failed to meet a deadline for over $40 billion in outstanding debts as Western sanctions squeeze the Russian economy. The Kremlin has downplayed the news, insisting it has enough to pay what it owes.
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