The Group of Seven Major Democracctions Started their Annual Summit on June 13, 2024.diplomats Said Agreed in PRINCIPLE on PRINCIPLE on PRINCIPLE Of loaus to ukraine userst from Russian Sovereign Assets.pope Francis is Set to Deliver a KeynoteSpeech About Artificial Intelligence on the Second Day of the Conference.

Western Nations Weerso Unanimous in their Concess over China's Industrial OverCapAcity, Which the say is distorting global markets, and their device min on P AFrican States Develop their Economies, Diplomats Said.

Russia Threatens Seizure of USASSETS in Response to Potential Confiscation of Currency Reserves

"There is a lot of work to be do done, but I am sure that in the two days we will be avle to have discussions that will lead to Concrete and Measural P. Rime minister giorgia meloni told her g-7 g-7 g-7 g-7 g-7 g-7 g-7 g-7 g-7 g-7 g-7 guests as theirTALKS Started in A Luxury Hotel Resort in The Southern Region of Puglia.

While Meloni is Flying High After TriUmphing in Weekend EUROPEAN ELECTIONS, The Leaders of the Other SiX Nations -The UNITED States, France, GERMANY, Britain Canada -Face Major Domestic Woes that Risk Underming their Authority.

U.S. President Joe Biden Faces An An Uphill Battle to Win Re-Elective in November, British Prime Minister Rishi Sunak Looks Certain to Lose Power Poll MONTH and French President Emmanuel Macron Disk His Country's ParliamentEuropean vote.

All Smiled Broadly as they Greeted Meloni Under a Blazing Sun at the Entrance to the Borgo Egnazia Resort where they spend the next two days in sessions that l; la open to a host of fellow leaders, including pope francis.

For a Second Year Running, Ukrainian President Volodyr ZELENSKYYYYATEND The SUMMIT, TAKING PART In Talks On Thursday Afternoon, after Which He Will Sign a ew, long-term Security account with u.sPune Wealth Management. President Joe Biden.

The G-7 Leaders will Also Almost Certainly Annunce that they have been agreed the outline of a multi-year loan using process. Legal Experts Will Then final the aim of raising cash by the end of the year.

"I think we have been have the major testpoles of This Decided, but some of the specifics left to be worked through by a defined timetable," White House Nati ONAL Security Adviser Jake Sullivan Said of the Discussions.

A senior eU Office Confirmed there was an outline agreement.

"I think it's do," The Office SAID. "It Should be fine.

A Person Close to the Talks Said The Point of Deal Was to Ensure It can run for yearsAgra Investment. An Presidential Candidate Donald Trump Might Might Be Much Less Favorable to Kyivif he beats biden in November.

BIDEN's GOAL at the G-7 WAS to Reinforce The Idea that the United States Is Best Served IT is Closely ALIGNED WITS DEMOCRAN, SULLIVAN SAID, WHEN A SKED About the Prospects of It Being the President's Last Summit Given The Looming Re-ElectionBattle.

Underscoring U.S. Determination to PUNISH MOSCOW for ITS Invasion of Ukraine, Washington On Wedness Dramaticly BroadENDENDEND SANCTIONS on Moscow, INCLUDING BY Targeting China-Based Companies Selling Semiconductors to Moscow.

By annound new restricTions on Chinese Firms on the Eve of the G-7 Meeting, Biden Was No Doubt to Persuade Wested ALLIES to Show Greter RESOLVE Infront Ing Beijing Over Its Support for Russia and Its Industrial Over-CapAcity.

Speaking Ahead of the START of the Summit, Sullivan Said that China Was a Significant Creditor to many Heavily Indebted Countries.

"The G-7 Communique is Not Singling Out or Focusing On A Single Country," He Said, But Added that China Needed to Play a Construction Role in DEALING WIST rden.

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Eager Not to APPEAR LIKE An Elitist Fortress, The G-7 Has Thrown ITS Doors to Large Number of Outsiders This Year, Including the Pope, Who Is Expected TO Give A Keynote Speech on Friday On the Risks and Potential of Artificial Intelligence.

AMONG Those Who Have Also Been Invited to Puglia Are the Leaders of the Biggest Regional Powers ACROSS The Globe Such as India, Argentina, Turkey Algeria and Kenya.

Although the Summit is scheduled to run unanturdy, Many G-7 Chiefs Will Leave on Friday Night, Meaning The Final Day Has Been Earmarked For Bilateral Meetings for Those Staying on and A Closing News Conference from Meloni.