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G7 Summit in Italy Highlights Geopolitical Tensions and Strategic Shifts

Italian Prime Minister Giorgia Meloni uses the summit to assert her leadership, focusing on the Global South and securing key agreements on Ukraine and China.

  • Leaders pledged a $50 billion loan to Ukraine, financed by interest on frozen Russian assets.
  • Meloni emphasized outreach to leaders from the Global South, including India and Argentina.
  • The summit saw strained interactions among G7 leaders, reflecting political tensions and electoral challenges.
  • US President Biden signed a long-term security agreement with Ukraine, though its future is uncertain.
  • The G7 issued warnings to China regarding its support for Russia and economic practices.
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