Financial leaders of the G7 will meet on Thursday to discuss measures aimed at pressuring Moscow to end war.
\n Bengaluru
\nFinancial leaders of the G7 will meet on Thursday to discuss measures to pressure Russia to end the Ukraine war, Japan\u2019s Finance Minister Shunichi Suzuki has said.
\nJapan will chair the meeting of finance ministers and central bank governors from the G7 nations in the Indian city of Bengaluru. The meeting will come almost a year since Russia invaded Ukraine, calling it a \u201cspecial military operation\u201d.
\nThe war has raged on despite a slew of punitive measures the G7 and other countries have taken against Russia.
\n\u201cSupport for Ukraine and sanctions against Russia will be the main topics of discussion,\u201d Suzuki told a news conference. \u201cWe will continue to closely coordinate with G7 and the international community to enhance the effect of sanctions to achieve the ultimate goal of prompting Russia to withdraw.\u201d
\nJapan chairs G7 ministerial meetings this year in the run-up to the May 19-21 summit meeting of G7 leaders in Hiroshima, Japan. The G7 comprises Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.
\nThe G7 meeting will be followed later in the week by a broader gathering of G20 financial leaders from the world\u2019s major economies, which will be hosted in Bengaluru by India, which has the G20 presidency.
\nThe Ukraine war and the global economy are expected to be the focus of the G20 talks.
\nThe group will discuss inflation that has been heightened by Russia\u2019s war, energy and food prices, and support for emerging market economies facing debt problems. A failure to tackle emerging market debt could lead to a financial crisis, a senior Japanese official said earlier.
\n\u201cBy contributing to discussions on these problems, we are hoping to produce significant results that will lead to stable and sustainable global growth,\u201d Suzuki said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Financial leaders of the G7 will meet on Thursday to discuss measures aimed at pressuring Moscow to end war. Bengaluru Financial leaders of the G7 will meet on Thursday to discuss measures to pressure Russia to end the Ukraine war, Japan\u2019s Finance Minister Shunichi Suzuki has said. Japan will chair the meeting of finance ministers […]<\/p>\n","protected":false},"author":2,"featured_media":315206,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-315186","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"yoast_head":"\n