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G7 Foreign Ministers Meet in Niagara to Hear Ukraine’s Plea Amid Escalating War

Top diplomats from the Group of Seven (G7) nations gathered in Niagara-on-the-Lake, Ontario , for high-stakes talks with Ukraine’s Foreign Minister as Russia intensifies its assault on Ukraine’s power grid. The meeting, hosted by Canada’s Foreign Affairs Minister Anita Anand , comes at a critical moment as rolling blackouts sweep across Ukraine ahead of winter. Foreign ministers from Canada, the United States, the United Kingdom, France, Germany, Italy, Japan, and the European Union posed for a family photo before beginning discussions. Ukraine’s foreign minister is expected to brief the group on the humanitarian and security consequences of Russia’s latest attacks, which have left millions vulnerable to freezing temperatures. The summit is not limited to Ukraine. Ministers are also addressing broader geopolitical challenges, including instability in the Middle East and shifting trade relationships. Still, Ukraine remains the centerpiece of the agenda, with G7 leaders reaffirming ...

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Global Markets Tumble Amid Tariff-Induced Recession Concerns

                                    

Global stock markets experienced a sharp decline as fears of a global trade war intensified. U.S. President Donald Trump's recent announcement of sweeping tariffs has sent ripples through financial markets, with investors bracing for potential economic fallout. The tariffs, which are expected to target a wide range of goods and countries, have heightened concerns about a global recession.

Asian markets led the downturn, with Japan's Nikkei index plunging over 4%, while European and U.S. futures also pointed to significant losses. Investors have sought refuge in safe-haven assets, driving gold prices to record highs and pushing bond yields lower. Economists warn that the uncertainty surrounding these tariffs could dampen consumer and business sentiment, further exacerbating economic risks.

The coming days will be critical as markets await further details on the scope and implementation of these tariffs. Analysts caution that prolonged trade tensions could have far-reaching implications for global economic stability.

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