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.
The Group of Seven summit has ended with only modest solutions to the global energy and food crises. The struggles of poorer nations were sidelined by Russia's disastrous war in Ukraine.
The war in Ukraine has triggered a struggle for power and influence. Russia and China are challenging the existing world order. Western democracies are seeking to counter this and are looking for allies.
Spiking food prices caused by the war in Ukraine are threatening to push more people to the brink of starvation. If G7 countries don't deliver on aid, poorer nations might turn elsewhere.
Group of Seven leaders have unveiled an infrastructure plan meant to bolster the global economy and counter China. But crippling debt owed by poorer countries may get in the way.
The climate talks in Berlin are focusing not only on the war in Ukraine and Russian energy, but also how the G7 nations can take a lead on the phasing out of coal.
The influx of cash aims to support the financing of Ukraine's government, as Russia's war has decimated tax revenue. The grant is part of over €18 billion pledged by G7 finance ministers during their summit in Germany.
Top G7 diplomats meeting in Germany have warned the war in Ukraine is stoking a crisis that threatens the world's poorest. They also pledged to continue their military assistance to Ukraine for "as long as necessary."
Food security concerns sparked by Russia's invasion of Ukraine are topping discussions as G7 foreign ministers meet in northern Germany. The talks also aim to support Moldova amid concerns that the conflict could spread.
Leaders from NATO, the G7 and the EU convened in Brussels to find ways of supporting Ukraine without pushing the West into an all-out war with Russia. A new US-European energy deal aims to isolate Moscow.
Germany takes over the G7 presidency for 2022. In a new year's message, Finance Minister Christian Lindner, who replaces Chancellor Olaf Scholz in the role, said Germany must help "drive the global economic recovery."