President Says Ukrainian Pilots to Begin F-16 Training

G7 countries provide jets for joint training. President Joe Biden recently announced that Ukrainian pilots would begin training to fly F-16 fighter jets. He made the announcement during…

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Treasury Sanctions Russian Metals and Mining

Similar regulations are imposed by other G7 members. The Department of the Treasury announced a new determination last week that sanctions and blocks the import of Russian metals…

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Treasury Secretary Says Gas Prices Could Spike Again

Oil prices are on the increase.  Oil prices rose Monday as supply concerns are mounting heading into the winter months. Although gasoline at the pump has gone down in…

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State Department Releases Statement on Ukrainian Nuclear Facility

G7 nations concerned by Russian control of Zaporizhzhya nuclear power plant. The Department of State released a joint statement this week from the G7 Non-Proliferation Directors Group, which…

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President Commits $200B to Global Infrastructure Plan

Plan would counter China’s Belt and Road Initiative.  President Biden is meeting with the G7 nations in Germany. He announced the launch of a partnership for global infrastructure,…

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Treasury Secretary Expects EU to Further Aid Ukraine

Secretary Yellen attends bank meetings Thursday and Friday. Treasury Secretary Janet Yellen traveled to Germany and Poland this week to meet with G7 finance ministers and central bank…

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U.S. and Allies Impose New Sanctions on Russia

President Biden confirms measures against Russian defense companies. President Joe Biden met with NATO and G7 allies Thursday in emergency sessions about Russia’s attacks against Ukraine as the…

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G7 Nations Agree to 15% Global Tax

Announcement was made by U.S. Treasury Secretary Yellen, a proponent of the tax. The Group of Seven (G7) nations have committed to moving toward a 15% global minimum…

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Treasury Secretary Virtually Attends G7 Finance Meeting

Provides assurance of U.S. commitment to international support for allies. On Friday, Treasury Secretary Janet Yellen virtually attended the G7 finance meeting with international finance ministers and central…

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