50th G7 summit

German Chancellor Olaf Scholz is set to visit Magdeburg following a tragic incident at the city's Christmas market, where a car plowed into visitors, leaving two people dead and over 50 injured. The attack, which occurred last night, has shocked the nation as authorities work to determine the motives behind it.

Switzerland is hosting a two-day peace conference focusing on Ukraine at the luxurious alpine resort of Bürgenstock near Lucerne. The conference, titled the "Ukraine Peace Summit," is the first of its kind and will take place today and tomorrow.

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".

In a captivating display of diplomatic finesse, Italian Prime Minister Giorgia Meloni, armed with charm, and French President Emmanuel Macron, complemented by the allure of French hospitality, successfully brokered a breakthrough deal that convinced Hungarian Prime Minister Viktor Orbán to agree to the European Union providing Ukraine with a substantial 50 billion euros in aid.