Troubled G7 leaders focus on Ukraine war, China in Italian summit

Determined to claim the initiative, the G7 leaders look likely to announce they have agreed on plans to issue $50 billion of loans for Ukraine using interest from frozen Russian assets to back the multi-year debt package.

Group of Seven (G7) leaders start their annual summit on Thursday looking to double down on support for Ukraine in its war with Russia and offer a united face in confronting China’s political and economic ambitions.