Reported 7 months ago
The G7 summit began in Italy on June 13, focusing on the Russia-Ukraine war, climate change, immigration, and AI issues. Apart from the U.S. and Ukraine signing a security agreement, there is anticipation on whether the G7 countries can reach an agreement to use the $320 billion frozen Russian assets abroad to aid Ukraine. Prior to the summit, France revealed that G7 leaders have agreed to provide Ukraine with $500 billion in aid using frozen Russian assets by the end of 2024. The U.S. has expanded sanctions on Russia, including Chinese and Hong Kong companies that assisted Russia's invasion of Ukraine. The summit also sees Russian military ships visiting Cuba, further escalating tensions amidst the sensitive Russia-Ukraine conflict.
Source: YAHOO