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G7 summit - News on Monday: G7 will probably not agree on a gold embargo

2022-06-27T06:38:52.227Z


A possible gold embargo by the G7 countries is only to be discussed in the EU. Climate protectors block the entrances to the Federal Ministry of Finance. And: Ukrainian President Zelenskyj speaks at the summit. the news


Enlarge image

Olaf Scholz: "We must not torpedo the G20"

Photo: Sean Gallup/POOL/EPA

This article will be continuously updated.

Climate protectors block Finance Ministry in Berlin

8.20 a.m .:

On the occasion of the G7 summit, climate protectors blocked the entrance to the Federal Ministry of Finance in Berlin.

Around 40 activists have been occupying the front entrance of the building since Monday morning.

The back entrance was also blocked by around 30 to 40 people.

They held up signs that read something like “Global Debt = Global Crime” and “G7 You Owe, You Pay: Cancel the Debt” and “G7 you owe it, you pays: Cancel the debts«).

Some of the activists also stuck to the building.

According to the police, the ministry was also daubed with paint.

The police blocked off Niederkirchenstrasse in front of the ministry in the morning.

»Like many other countries in the Global North, Germany has a historical responsibility for the climate crisis, in a way a climate debt to the rest of the world, and as one of the G7 countries also has an enormous influence on general world politics.

That's why our protest is exactly right here," said activist Kim Weier, according to a statement.

Scholz: The G7 will not make a final decision on the gold embargo

8.15 a.m .:

According to Chancellor Olaf Scholz, the G7 countries will not be able to finally agree on a gold embargo against Russia.

This still has to be debated in the EU, he said on ARD.

The USA had already announced that they no longer wanted to import gold from Russia.

Scholz: “May not torpedo the G20”

8.10 a.m .:

Chancellor Olaf Scholz has expressed reservations about demands not to travel to the G20 summit in Indonesia because of the possible presence of Russian President Vladimir Putin.

A decision will be made about participation shortly before the summit, Scholz said on ARD.

However, cooperation within the framework of the 20 leading industrialized and emerging countries is important, he added, referring to the Indian G20 presidency next year.

"We must not torpedo the G20," emphasizes Scholz.

Ukrainian President Zelenskyj attends the G7 summit virtually

8 a.m.:

The heads of state and government from seven major industrialized countries (

G7

) continue their summit on Monday (10 a.m.).

The second of three summit days at Schloss Elmau will begin with a session on the Ukraine war.

The Ukrainian President Volodymyr Zelenskyj, who was connected via video, also takes part in it.

An assessment of the effectiveness of the

G7

sanctions against Russia over the Ukraine war was already on the agenda on Sunday.

What was important on Sunday

  • G7 participants pose in front of the famous wooden bench

  • G7 countries want to impose an import ban on Russian gold

  • This summit must save the West

ptz/dpa/Reuters

Source: spiegel

All news articles on 2022-06-27

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