41st G7 summit

Foreign ministers from the world's seven leading industrialized nations met Monday in the town of Fiuggi in central Italy to discuss the latest global issues, with a focus on the Middle East and Ukraine.

G7 foreign ministers on Monday are meeting near Rome for two days of talks with regional counterparts on the Middle East, before turning to Russia and the war in Ukraine.

The leaders of the Group of Seven (G7) believe that “it is still possible” to find a diplomatic solution to de-escalate tensions in the Middle East, the Italian government said in a press release.

At a summit via teleconference convened by Italy, leaders expressed deep concern over the escalating crisis and condemned Iran’s missile attack on Israel.

G7 leaders meeting in Italy Friday hardened their tone against China, warning Beijing to stop sending weapons components to Russia and play by the rules on trade.

China was a key focus of the Group of Seven talks in Puglia, amid souring trade relations between Beijing and the West and concerns that its supplies of equipment to Moscow are fuelling Russia's war in Ukraine.

G7 leaders meeting in Italy turn their attention to China on Friday, from security in the Asia-Pacific to how best to protect their industries while avoiding an outright trade war with Beijing.

Multifaceted gains for Ukraine at the G7 summit - Frozen Russian assets will cover the loan - Kiev also signs agreement with Japan

G7 finance ministers said on Saturday they were making "progress" in finding ways to use profits from frozen Russian assets to help Ukraine, according to a draft statement from a summit in Italy.

G7 finance ministers are expected Saturday to agree a broad plan to use interest from frozen Russian assets for Ukraine, paving the way for a potential agreement among leaders next month.

U.S. Treasury Secretary Janet Yellen on Thursday urged G7 ministers meeting in Italy to work on "more ambitious options" to use frozen Russian assets to help Ukraine.

The ministers and central bankers from the Group of Seven world powers are meeting in Stresa, on the shores of northern Italy's Lake Maggiore, to prepare for a summit of G7 heads of state next month in Puglia.

According to an official from the Italian Ministry of Finance, finance ministers from the Group of Seven (G7) nations, scheduled to meet in Italy next week, are set to endorse a European Union proposal. This plan involves utilizing funds from frozen Russian assets to support Ukraine's efforts in the ongoing conflict, as reported by Reuters.