Alberto Nardelli

Group of Seven leaders said they wanted “constructive and stable” relations with China even as they pushed ahead with steps to reduce dependence on Beijing for critical supply chains, according to a copy of the final communique seen by Bloomberg.

Italian Premier Giorgia Meloni will leave the Group of Seven summit in Japan a day early to help the response to devastating floods, according to people familiar with the situation.

Ukrainian leader Volodymyr Zelenskiy and President Luiz Inacio Lula da Silva of Brazil don’t plan to meet for one-on-one talks while attending the Group of Seven summit in Japan, according to officials familiar with the matter.

Ukrainian and Brazilian leaders fail to hold one-on-one talks while attending a summit in Japan.

The Financial Action Task Force suspended Russia’s membership over the invasion of Ukraine. Moscow is trying to avoid being blacklisted next month.

The Kremlin is said to be threatening to upend defense and energy deals unless partners help block expected moves aimed at financially isolating it over the invasion.

The European Union and the US are discussing working closely to address risks from investing in sensitive technologies in countries like China as they develop new tools to cope with an increasingly hostile economic environment.

The European Union is downplaying the chances of a deal with the UK on car factory rules happening any time soon.

European Union member states are considering requiring that at least half of the critical raw materials the bloc needs are processed domestically, in an effort to better prepare for the clean-energy transition.

Ukraine’s European neighbors are extending a ban on purchasing some of the country’s grain until mid-September, a move that risks fueling tensions between Kyiv and its allies.