44th G7 summit

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.

World leaders headed to Switzerland on Saturday for a first summit on peace in Ukraine, after Vladimir Putin demanded Kiev effectively surrender if it ultimately wants negotiations with Moscow.

President Recep Tayyip Erdoğan has arrived at the G7 summit held in Italy's Puglia region, joining global leaders as a special guest to discuss pressing international issues.

During the three-day summit, which began on June 13, Erdoğan will emphasize Türkiye's role in diplomatic and humanitarian aid efforts, focusing on the Gaza war.

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.

G7 leaders agreed Thursday on a new $50 billion loan for Ukraine using profits from frozen Russian assets, a move Joe Biden said showed Moscow "we're not backing down".

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

A general view shows the Swabian Castle of Brindisi (Castello Svevo), the venue that will host the welcome dinner of the G7 Summit, on June 12, 2024 in Brindisi.

G7 leaders gather Thursday for the first day of an Italy summit, hoping to seal a deal on providing $50 billion for Ukraine using frozen Russian assets.

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.