#G7 Leaders Agree on Plan for $50 Billion Loan to #Ukraine
#Biden & #Zelensky also signed a 10-yr #security agreement aimed at making Ukraine’s #military more self-sufficient.
“A lasting peace for Ukraine must be underwritten by Ukraine’s own ability to defend itself,” Biden said.
#Italy PM #GiorgiaMeloni, a hard-line #conservative, has been intent on changing language that was included in last year’s G7 communiqué to exclude mentions of #abortion or reproductive rights. #POTUS, along w/the leaders of #France, #Germany & #Canada, pushed for its inclusion, & Biden threatened to not sign the doc if it was not included.
G7 ministers gather in Italy for 'strategic' talks on #ClimateChange
"Together the #G7 [Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States] makes up around 38 percent of the global economy and was responsible for 21 percent of total greenhouse gas emissions in 2021.
Not one member of the group is on track to meet existing emission reduction targets for 2030."
"Energy ministers from the Group of Seven wealthy countries meeting in Italy are discussing setting a common target date of 2035 to shut down their #coal-powered power plants.
As well as seeking a deal on ending coal in electricity generation, Rome also aims to spur efforts to develop battery storage capacity and boost investment in power grids, two sources said, as the #G7 increases its renewable energy output."
"We are witnessing a historic process -- Russians are leaving for the first time in two centuries," independent Azerbaijani analyst Elhan Shahinoglu told AFP.
#EU senior diplomats meeting on Wednesday agreed a compromise on using the estimated €4.4bn #WindfallProfits to aid #Ukraine, smoothing over a dispute about #Taxation and #ManagementCosts in #Belgium, the country where most of the frozen assets are held.
The EU deal opens the door to a broader discussion in the #G7 about using #Russia’s frozen billions of assets,
The #US and the #UK argue that instead of handing relatively small sums such as €500m from the #interest annually, it would be better if a #loan or #bond worth about €30bn could be handed to #Ukraine with the interest paid from the profits generated from the larger frozen assets.
West will condemn Iran’s attack, but largely ignore ‘Israeli provocations’
We spoke to Nader Hashemi, associate professor of Middle East and Islamic politics at Georgetown University, about the potential reaction around the world to Iran’s attack on Israel last night.
Hashemi said Iran will be widely condemned for its attack, unlike the series of Israeli provocations and attacks both within Iran and throughout the Middle East that have killed senior Iranian military officials and targeted key Iranian economic and nuclear sites, condemnations of which have been more muted.
“President Biden is rallying the G7 who will issue a condemnatory statement of Iran along these lines,” Hashemi said.
“In the Global South the response will be more measured” he said, adding “there will be calls for restraint, de-escalation and diplomacy without directly blaming Iran or Israel”.
“Arab and Muslim public opinion will note how many Arab states deployed military resources to protect Israel while doing the opposite in the context of the mass starvation and genocide in Gaza,” Hashemi concluded.
I lost touch with many of my #mutualaid#diabetic friends when I left the bad site, so please boost for me.
My wife’s Opa passed away this week, leaving behind ~7 vials of #Humalog#insulin and a number of #Dexcom#G7#CGM sensors (non-pump compatible). Everything is paid for and we don’t want it all to go to waste.
If you or someone you know could really use this stuff, please contact me at:
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