Zürcher Nachrichten - G7 rallies behind Ukraine after abrupt Trump exit

EUR -
AED 4.306153
AFN 75.0429
ALL 95.503739
AMD 434.75432
ANG 2.098709
AOA 1076.390828
ARS 1633.24778
AUD 1.628526
AWG 2.110569
AZN 1.997971
BAM 1.957785
BBD 2.362126
BDT 143.899979
BGN 1.955914
BHD 0.44281
BIF 3489.474751
BMD 1.172539
BND 1.496038
BOB 8.103802
BRL 5.808644
BSD 1.172804
BTN 111.252582
BWP 15.938311
BYN 3.309523
BYR 22981.755751
BZD 2.358712
CAD 1.59436
CDF 2720.28988
CHF 0.91605
CLF 0.026783
CLP 1054.112588
CNY 8.006387
CNH 8.009617
COP 4288.442525
CRC 533.195048
CUC 1.172539
CUP 31.072272
CVE 110.746729
CZK 24.373212
DJF 208.384014
DKK 7.475055
DOP 69.770598
DZD 155.365983
EGP 62.894658
ERN 17.588078
ETB 184.088973
FJD 2.570327
FKP 0.863436
GBP 0.862002
GEL 3.142861
GGP 0.863436
GHS 13.136953
GIP 0.863436
GMD 85.595732
GNF 10289.026269
GTQ 8.959961
GYD 245.356495
HKD 9.186899
HNL 31.213432
HRK 7.537125
HTG 153.631453
HUF 363.42071
IDR 20325.193765
ILS 3.451755
IMP 0.863436
INR 111.286226
IQD 1536.025512
IRR 1540715.666567
ISK 143.847483
JEP 0.863436
JMD 183.766277
JOD 0.831376
JPY 184.174195
KES 151.433806
KGS 102.503912
KHR 4704.815418
KMF 492.466605
KPW 1055.285685
KRW 1728.0057
KWD 0.36031
KYD 0.977362
KZT 543.223189
LAK 25772.39793
LBP 105000.828342
LKR 374.82671
LRD 215.600573
LSL 19.53494
LTL 3.462202
LVL 0.709257
LYD 7.446066
MAD 10.847448
MDL 20.206948
MGA 4866.035425
MKD 61.633886
MMK 2462.329762
MNT 4198.121583
MOP 9.463379
MRU 46.86681
MUR 55.144932
MVR 18.121629
MWK 2041.980281
MXN 20.469245
MYR 4.655421
MZN 74.929587
NAD 19.534934
NGN 1613.390048
NIO 43.044332
NOK 10.900392
NPR 177.995572
NZD 1.986849
OMR 0.451129
PAB 1.172774
PEN 4.112684
PGK 5.087352
PHP 71.847345
PKR 326.874482
PLN 4.245704
PYG 7213.019006
QAR 4.272149
RON 5.203848
RSD 117.378833
RUB 87.908248
RWF 1713.665104
SAR 4.396996
SBD 9.429684
SCR 16.118093
SDG 704.113715
SEK 10.803423
SGD 1.492177
SHP 0.875418
SLE 28.848748
SLL 24587.542811
SOS 669.519913
SRD 43.920994
STD 24269.180819
STN 24.869543
SVC 10.262409
SYP 129.598812
SZL 19.534925
THB 38.122791
TJS 11.000548
TMT 4.109748
TND 3.378963
TOP 2.823192
TRY 52.931326
TTD 7.960816
TWD 37.086813
TZS 3054.463338
UAH 51.532291
UGX 4409.902668
USD 1.172539
UYU 46.771998
UZS 14011.836168
VES 573.304233
VND 30903.426254
VUV 139.30499
WST 3.208055
XAF 656.670246
XAG 0.015548
XAU 0.000254
XCD 3.168845
XCG 2.113677
XDR 0.815653
XOF 656.621982
XPF 119.331742
YER 279.771908
ZAR 19.540971
ZMK 10554.258277
ZMW 21.901789
ZWL 377.556938
  • RBGPF

    0.5000

    63.1

    +0.79%

  • CMSD

    0.1500

    23.28

    +0.64%

  • GSK

    -0.7000

    51.61

    -1.36%

  • BCE

    0.1800

    23.96

    +0.75%

  • CMSC

    0.0600

    22.88

    +0.26%

  • RIO

    0.1000

    100.58

    +0.1%

  • AZN

    -2.6300

    184.74

    -1.42%

  • RYCEF

    0.5500

    16.35

    +3.36%

  • NGG

    -1.0600

    88.48

    -1.2%

  • BTI

    -0.0900

    58.71

    -0.15%

  • RELX

    -0.2400

    36.35

    -0.66%

  • JRI

    -0.0100

    12.98

    -0.08%

  • BP

    -0.9700

    46.41

    -2.09%

  • BCC

    -1.1400

    78.13

    -1.46%

  • VOD

    0.3500

    16.15

    +2.17%

G7 rallies behind Ukraine after abrupt Trump exit
G7 rallies behind Ukraine after abrupt Trump exit / Photo: Suzanne Plunkett - POOL/AFP

G7 rallies behind Ukraine after abrupt Trump exit

Group of Seven powers, holding talks Tuesday at a summit that Donald Trump left early, promised Ukrainian President Volodymyr Zelensky fresh support as Russia stepped up attacks on its neighbor.

Text size:

The US president, who has had a volatile relationship with Zelensky and had been due to meet him, flew out of the summit in the Canadian Rockies late Monday to return to Washington to focus on the Israel-Iran conflict.

Zelensky arrived at the wooded mountain resort of Kananaskis after Russia ravaged Kyiv with one of the worst bombardments since it invaded in February 2022, killing at least 10 people in the capital.

Prime Minister Mark Carney, the host of the summit, welcomed Zelensky and announced Can$2 billion ($1.47bn) of military support, including drones and helicopters, for Ukraine.

"This underscores the importance of standing in total solidarity with Ukraine," Carney told him.

"We underscored the importance of using maximum pressure against Russia, who has refused to come to the table," Carney said.

Carney also announced a new Can$2.3 billion loan to Ukraine to help rebuild its infrastructure and public systems and joined Britain in tightening sanctions on Russia's so-called shadow fleet of ships used to circumvent international sanctions on its oil sales.

Britain said it wanted to ramp up economic pressure to show Russian President Vladimir Putin it was in his interest to end the war.

"These sanctions strike right at the heart of Putin's war machine, choking off his ability to continue his barbaric war in Ukraine," Prime Minister Keir Starmer said in a statement.

- US holding out -

US lawmakers have also drafted a package of new sanctions on Russia but Trump has been hesitant, saying he wants to preserve relations with Putin, whom he spoke to by telephone on the eve of the G7 summit.

Trump infamously berated Zelensky in the Oval Office on February 28, saying he was ungrateful for US aid, but has since voiced disappointment that Putin has rebuffed a US proposal for at least a temporary ceasefire.

Zelensky, his voice choked with emotion, told Carney that the latest Russian attack was a "big tragedy" for Ukrainian families and it showed the need for allies' support -- and made clear that he still backed Trump-led calls for negotiations.

"It's important for our soldiers to be strong in the battlefield -- to stay strong until Russia will be ready for the peace negotiations," Zelensky said next to Carney.

"We are ready for the peace negotiation -- unconditional ceasefire. For this we need pressure."

European Commission President Ursula von der Leyen told reporters that despite the attention to the Middle East crisis, "our focus on Ukraine will also persist and stay strong."

- Tough trade talks -

The G7 -- Britain, Canada, France, Germany, Italy, Japan and the United States -- was holding its first summit since the return to power of Trump, who is fond of assailing allies when they cross him.

Trump appeared in good spirits during his abbreviated visit, with no public dust-ups.

"Obviously with Trump gone the discussions might be a bit smoother, but they also have less impact with the most powerful nation not there," a diplomat from a G7 nation said on condition of anonymity.

Treasury Secretary Scott Bessent remained to represent the United States at the summit, where discussions have also focused heavily on Trump's attempts to radically overhaul the world's trading system.

Trump has vowed to slap sweeping tariffs on friends and foes alike on July 9, although he has postponed once.

The US president, speaking to reporters on his way back from the summit, complained that the European Union was not yet offering a "fair deal" on trade.

"We're either going to make a good deal or they'll just pay whatever we say they will pay," he said.

Von der Leyen said she still hoped for a negotiated solution and that talks were "intense and demanding."

Trump's negotiators have already sealed a deal with Britain and, outside of the G7, reached an agreement to lower tariffs with rival China.

Japanese Prime Minister Shigeru Ishiba said he had "frank" discussions with Trump on Monday but made clear the importance of automobile exports to the world's second-largest developed economy.

"As there are still some points where both sides disagree, we have not reached an agreement on the package as a whole," Ishiba told reporters.

L.Rossi--NZN