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G7 leaders tackle migration, AI and economic security on 2nd and final day of summit in Italy

25 Comments
By ELENA BECATOROS

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Migration generated by "people fleeing war and poverty "

War usually involves the G7 group nations through direct interference {Iraq, Afghanistan, Libya }, or indirectly through arms sales and internal interference in another {usually poorer } nations affairs.

Poverty generated by past colonial activities, the concentration of wealth in G7 nations and now, climate change.

Stick it you G7 hypocrites.

Need a new system with new {ie real } results

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Failure to agree,to secure borders,to prevent crime,to prevent war, to stop genocide etc.

Abysmal!!!

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The gathering in a luxury resort in Italy’s southern Puglia region also discussed other major topics, such as financial support for Ukraine, the war in Gaza, climate change, Iran, the situation in the Red Sea, gender equality and China’s industrial policy and economic security.

Still call it war in Gaza, not Genocide in Gaza.

-4 ( +5 / -9 )

Consistency is needed in those saying EU deserves to be flooded with migrants when Putin's war is one of the big sources of migrants.

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financial support for Ukraine, the war in Gaza, climate change, Iran, the situation in the Red Sea, gender equality and China’s industrial policy and economic security.

Saudi Arabia has ended the petrodollar agreement, which would allow them to make crude oil transactions on the world market with any currency and not exclusively with the U.S. dollar as previously established. Will this be discussed?

0 ( +5 / -5 )

""The gathering in a luxury resort in Italy’s southern Puglia region also discussed other major topics, such as financial support for Ukraine, the war in Gaza, climate change, Iran, the situation in the Red Sea, gender equality and China’s industrial policy and economic security.""

Wow, so these leaders are going to solve the world problems in a 2 days meeting and follow up on it, this is the largest waste of resources to ever exist, we have the UN were leaders are suppose to meet and do exactly that so why do we have just the "wealthy" meet and dine then accomplish NOTHING???

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Yes, read about Saudi Arabia ending the Petrodollar agreement, what will this do to the USD? it sure looks like Mr. MBS is making some bold moves!! we shall wait and see.

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@GuruMick

Yes indeed. One of the major reasons why there are so many people fleeing their countries is because their countries have suffered from fighting, poverty and famine, all as a result of western-instigated 'revolutions' and wars. The west creates these problems then complains about the effects of these problems.

quercetum:

I was under the impression that KSA would accept any currency EXCEPT the dollar. ie they will no longer accept the currency which USA magically seems to be able to pluck out of their .... whenever they want to start a war.

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Poverty generated by past colonial activities,

A funny thing happened on gaining independence from colonial powers: the native elite trained by them simply continued their administrative jobs and continued many of the policies - especially regarding agriculture (export cacao, for example, rather than encourage farmers to expand and grow a surplus of staple crops for the home market) that ensured that the elite were wealthy at the expense of common people.

You don’t believe that native peoples can be as oblivious, or cruel, to their fellows as their former “masters”? Think again. Do some reading about the post-colonial world. It’s eye-opening. That might be too painful.

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WoodyLeeToday  09:05 am JST

Yes, read about Saudi Arabia ending the Petrodollar agreement, what will this do to the USD? it sure looks like Mr. MBS is making some bold moves!! we shall wait and see.

many an invasion and war came about from countries trying to do this is the past. it was the #1 reason cheney wanted to invade iraq. how dare they not use usd.

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quercetumToday 08:05 am JST

financial support for Ukraine, the war in Gaza, climate change, Iran, the situation in the Red Sea, gender equality and China’s industrial policy and economic security.

Saudi Arabia has ended the petrodollar agreement, which would allow them to make crude oil transactions on the world market with any currency and not exclusively with the U.S. dollar as previously established. Will this be discussed?

Why would it? They still take dollars.

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WoodyLeeToday 09:05 am JST

Yes, read about Saudi Arabia ending the Petrodollar agreement, what will this do to the USD? it sure looks like Mr. MBS is making some bold moves!! we shall wait and see.

Yield curve is still negative. Would be nice to see some of these pathetic dedollarization moves actually raise it up.

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Pukey2Today 09:06 am JST

I was under the impression that KSA would accept any currency EXCEPT the dollar. ie they will no longer accept the currency which USA magically seems to be able to pluck out of their .... whenever they want to start a war.

Yeah, no. The UAE made such a move, but surprise, surprise, their currency is pegged to the dollar. Someday you'll get your first dedollarizer!!!

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Saudi Arabia has ended the petrodollar agreement, which would allow them to make crude oil transactions on the world market with any currency and not exclusively with the U.S. dollar as previously established.

Some of you make irrelevant comments: they still take the dollar. In the past they could only take dollars. Now they can take other currencies. The dollar is not the only currency they can trade their oil in.

The agreement to trade oil "exclusively" in dollars has ended. Reading comprehension.

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Here is a link to a discussion about BRICs decision to use currency other than the US dollar. https://youtu.be/fWgn8t3Vnyg?si=u6TqIJamKzaDI8pt

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Anonymous...read yourself about how global finance including the World Bank determines what sort of agriculture a former colony produces.

Export dollars needed to repay the loans given....strings attached.

The post colonial world is unshackling itself from centuries of colonial rule and exploitation.

BTW your comments are straight out of the new rights culture wars playbook.

I bet I could guess your views on things like global warming or even minority rights.

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@guruMick: Need a new system with new {ie real } results

"Monkey Paw" wishes? Sadly today it looks like it's the same old same old keeping up the same old, or the Russia/China bloc doing the same old same old as choices. I recognize that the US and its western allies have created problems that can probably never be resolved, but recall the days of the the Soviet Union and Mao's China, and have no desire to live anywhere where the Russian Federation or the CCP's China hold power, and have no desire to go to the moon with Elmo X and his twitters. I believe in a "small is beautiful" world ala Schumacher and others, but have been around too long to think it's possible, so I prefer to stay in a world where the US and western allies prevail, and think as long as I'm alive I can fight them if they go too far wack, an example of too far wack would be allowing a mentally/emotionally unstable convicted felon to have unlimited powers, which I think would result in the ruling elites in Russia and China thaving unlimited powers.

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@Taiwan is notChina: Putin's war is one of the big sources of migrants.

Putin's war in Ukraine has displaced many plus his and his pal Iran's war in Syria, plus their pig-piling on war in Libya, among other places, and some say Putin's contributions to Hamas, have all included the Kremlin's aims to flood western nations with migrants; then there's climate change causing more people to leave their homes, and Putin might actually want climate change and warmer weather to free up the ice, which has been keeping his navy in harbor many months of the year. Given Putin wants to court the global south, there's lots of room in Russia to house migrants from places there that are fleeing his wars and climate change. Same with Putin's partner Xi and the CCP, they have room to house more migrants.

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Pointless incompetent clowns spending time in luxurious hotels and having a luxury life style with tax payers money.

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Sure fly 1st class and meet the puppets. The rest of us are poor but many are not hypocrites. Stunpals that!

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PTownsend ...good comment

But I heard a military analyst talking about present and soon to be conflicts and he made the remark ,along the lines of, "The US admin. dont see the world as it is, they see the world as they want the world to be."

That is, the US and Western powers are not being realistic.

Unsure about Russia but it seems China and India are soon to be globally dominant players, and the US has little or zero to say about India , at least.

The balance of power is shifting from the status quo to another.

One where the US and Europe wont be the dominant ideology makers.

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Presidents and Prime Ministers do not fly commercial.

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GuruMick...

Migration generated by "people fleeing war and poverty "

This is true but the majority of UK immigration is UK passport holding Southeast Asians marriage partners. Often direct first cousins. They make a fuss about the boats but never mention this much bigger cause of immigrants.

-1 ( +0 / -1 )

Mr Kipling:

Often direct first cousins.

And sometimes with disastrous DNA consequences.

PTownsend:

 but recall the days of the the Soviet Union and Mao's China,

Both the SU and Mao and his China no longer exist. The problem with some people is that they still have this image of China being in the 1950s, with starving people who go around on bicycles and live in mud huts. The infrastructure in most large chinese cities now will knock the socks off even the best US and UK cities in terms of transport, healthcare, housing, etc, not to mention the low levels of crime, homelessness and drug use. That's why the US constantly issues travel warnings to China - because they don't want their citizens to see the truth and how it compares to the crumbling cities in their own country. Just take a look at all the western visitors travelling there on Youtube. And with regards to Russia, the ruble was the best performing currency last year, if memory serves me right. It has now overtaken Japan to become the 4th largest economy in terms of GDP PPP. It's funny how pundits (more like grifters) such as Gordon Chang and Peter Zeihan have, for the past 20 years, said China will collapse any minute. Strange that for a country now with 5% GDP growth, and yet not one mention of the calamity facing G7 countries like Japan, UK and Germany who have near zero growth (sometimes negative).

Peter:

many an invasion and war came about from countries trying to do this is the past. it was the #1 reason cheney wanted to invade iraq. how dare they not use usd.

And it was also the reason why Hillary and her gang got Libya's Gaddaffi killed. He also touted the idea of a pan-African currency backed by gold and removing Africa's dependence on the US dollar. For that, he got killed in an orchestrated revolution. I will never forget the way Hillary cackled at his death - We came, we saw, he died. An evil woman who was part of the system.

-1 ( +1 / -2 )

Pukey2Today 03:59 pm JST

Still a property crisis that knows no bottom.

-1 ( +1 / -2 )

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