Category: Group of Seven

The Global Race to Regulate Artificial Intelligence is Heating Up

President Biden is set to issue new rules on the technology, days ahead of an international summit on A.I. safety.
U.S. Imposes First Sanctions for Violations of Russian Oil Price Cap

The Treasury Department called the action a new phase of enforcement of a policy to starve Russia of oil revenue.
How More Sanctions on Russian Diamonds Could Affect the Global Market

The Group of 7 and the European Union are expected to issue new rules in an effort to slow the flow of revenue into the Kremlin’s war chest.
China Works to Expand its Sway in Africa Amid Rivalry With the U.S.

China’s leader, Xi Jinping, pitches his country as a leader of the developing world, rallying support for an alternative to the U.S.-dominated global order.
DeSantis’s Announcement Shows Twitter’s Move to the Right

The Florida governor’s plan to announce his presidential campaign on the social network is the latest sign of the company’s efforts to court conservatives.
DeSantis’s 2024 Campaign Announcement Shows Twitter’s Move to the Right

The Florida governor’s plan to announce his presidential campaign on the social network is the latest sign of the company’s efforts to court conservatives.
JPMorgan’s Succession Plans for Jamie Dimon May Weigh on Investors

Revelations about rivals’ plans may prompt the bank’s shareholders to ask about who will replace Jamie Dimon at an annual investor gathering on Monday.
The U.S. Needs Minerals for Electric Cars. Everyone Else Wants Them Too.

The United States is entering an array of agreements to secure the critical minerals necessary for the energy transition, but it’s not clear which of the arrangements can succeed.
At G7 Summit, Leaders Wrangle on Coal, Natural Gas and Climate

The U.S. finds itself caught between defending President Biden’s climate change agenda and aiding allies intent on increasing their access to fossil fuels.
In a Sharp Reversal, Biden Opens a Path for Ukraine to Get Fighter Jets

The president told allied leaders that he would allow Ukrainian pilots to be trained on American-made F-16s, and is prepared to approve other countries’ transferring the jets to Ukraine.
How the G7 Oil Price Cap Has Helped Choke Revenue to Russia

Group of 7 leaders are prepared to celebrate the results of a novel effort to stabilize global oil markets and punish Moscow.
Corporate Bankruptcies Are Set to Reach a Decade-Long High

New data shows that 2023 is shaping up to be the biggest year for Chapter 11 filings in more than a decade.