Monetary Aid For Ukraine, Global Food Crisis, Inflation To Top G7 Agenda

Thursday, 19 May 2022newsdesk
Monetary Aid For Ukraine, Global Food Crisis, Inflation To Top G7 Agenda
G7 financial leaders are likely to focus on Thursday and Friday on how to help Ukraine pay its bills, with reconstruction after the war, surging global inflation, climate change, supply chains and the impending food crisis also high on the agenda.

New Delhi, 19 May 2022

As per news report of NDTV, Finance ministers and central bank governors of the United States, Japan, Canada, Britain, Germany, France and Italy - the G7 - will hold talks as Ukraine, invaded by Russia on February 24, is struggling to fend off the attack. The Ukraine war is a game-changer for Western powers because it forces them to rethink decades-old relations with Russia not only in terms of security, but also in energy, food and global supply alliances from microchips to rare earths. "Ukraine is overshadowing these meetings. But there are other issues that must be discussed," a G7 official, who asked not to be named, said, adding that debt, international taxation, climate change and global health were all up for debate.

Source -NDTV

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