logo
Trump departs G7 as Israel-Iran conflict shows signs of intensifying

Trump departs G7 as Israel-Iran conflict shows signs of intensifying

Euronews6 hours ago

US President Donald Trump departed the Group of Seven – or G7 – summit being held in a resort town in the Canadian Rockies on Monday night due to the intensifying conflict between Israel and Iran and growing regional instability in the Middle East.
World leaders at the summit scrambled to find a way to contain the five-day old conflict which has taken the lives of dozens of people across Israel and Iran.
Earlier, Trump had warned that Tehran needs to dismantle its nuclear programme before it's 'too late'.
The US president said Iranian leaders would 'like to talk' but they had already had 60 days to reach an agreement on their nuclear ambitions and failed to do so before an Israeli aerial assault began four days ago. 'They have to make a deal,' he said.
Summie host, Canadian Prime Minister Mark Carney said the world is looking to the G7 for leadership during these testing times.
'We're gathering at one of those turning points in history,' Carney said. 'The world's more divided and dangerous.'
British Prime Minister Keir Starmer, French President Emmanuel Macron, Italian Prime Minister Giorgia Meloni, and German Chancellor Friedrich Merz convened for an informal meeting lasting one hour shortly after their arrival at the summit late on Sunday.
Merz, speaking to reporters at the summit, said his country is planning to draft a final communique proposal on the conflict, stressing that Iran must under no condition 'be allowed' to acquire nuclear weapons-capable material.
Trump said Iran "is not winning this war. And they should talk and they should talk immediately before it's too late.' The US president was also asked on whether Washington will join Israel in its military operation in Iran, but Trump declined to comment on the matter.
Donald Trump and British Prime Minister Keir Starmer announced on Monday that they have signed a trade deal which will slash tariffs on UK auto and aerospace industry imports.
The new deal was announced on the sidelines of the summit. Trump and Starmer did however note that negotiations are still ongoing on the steel production sector.
Trump insists that the deal with the UK is 'fair for both', adding that he expects it to produce a lot of jobs and income for both nations. Starmer took a similar tone to Trump as he addressed reporters saying the deal is a sign of strength and a 'very good day' for both countries.
Reaching an agreement is significant as Trump has threatened much of the world with substantial import tariffs that have caused market instability and heightened the risk of a global trade war.
Although he has backed off on several of his suggested tariffs, he has persisted in indicating that officials from his administration are vigorously engaged in negotiations for new trade agreements with numerous nations — despite the fact that very few have come to fruition.
The agreement follows the leaders' announcement in May revealing that they'd reached a framework for a trade pact. This pact aims to significantly reduce US import taxes on British cars, steel, and aluminium in exchange for enhanced access to the British market for US goods, such as beef and ethanol.
However, the agreement reached on Monday exclusively addresses British cars and aerospace materials, with further negotiations required for steel.
London says the new deal would give British firms like Rolls Royce which produces engines for airplanes as well as high-end luxury vehicles a major boost, receiving an exemption from the 10% tariffs originally imposed.
The US president also stirred controversy at the summit as he suggested that the G7 should expand to the G8, including Russia, or even the G9 with China.
Trump expressed his preference for the organisation's expansion despite the fact that Russia and China are authoritarian regimes within a group whose members are democratic nations.
Trump asserted that it was a 'very big mistake' to remove Russia in 2014 after it annexed Crimea, a move that preceded Russia's wider invasion of Ukraine in 2022.
The comments added more complexity regarding Trump's interests as he is set to meet on Tuesday with Ukrainian President Volodymyr Zelenskyy about ending the brutal war started by the invasion.
'The G7 used to be the G8. Barack Obama and a person named Trudeau didn't want to have Russia in,' Trump said, referring to Justin Trudeau, who was elected prime minister a year after Russia's removal. Stephen Harper was the Canadian prime minister at the time.
'I think you wouldn't have a war right now if you had Russia in, and you wouldn't have a war right now if Trump were president four years ago,' Trump said. 'They threw Russia out, which I claimed was a very big mistake, even though I wasn't in politics then.'
Asked by a reporter if China should also be added, Trump said: 'It's not a bad idea. I don't mind that if somebody wants to see just China coming in.'
The US president said it's important for world leaders to be able to speak with one another at summits.
'Putin speaks to me. He doesn't speak to anybody else," Trump said. "He doesn't want to talk because he was very insulted when he got thrown out of the G8, as I would be, as you would be, as anybody would be.'
US President Donald Trump has warned residents of the Iranian capital, Tehran, to immediately evacuate, hinting at a possible major Israeli bombardment as the conflict between the two countries intensifies.
Trump again reiterated that this conflict would not have broken out had Iran signed a nuclear deal, stating that their inability to do so has led to a the loss of human life.
'Iran should have signed the 'deal' I told them to sign. What a shame, and waste of human life,' said Trump in a post on his own social media platform, Truth Social.
'Simply stated, IRAN CAN NOT HAVE A NUCLEAR WEAPON. I said it over and over again! Everyone should immediately evacuate Tehran!,' added Trump.
Israel on Monday warned some 300,000 people in Tehran to evacuate ahead of airstrikes. Israeli forces then struck an Iranian state-run broadcaster during a live broadcast.
It's the fifth day of conflict between Israel and Iran. Both countries have intensified their strikes on each other in recent days, with exchanges of missiles resulting in dozens of casualties between the two countries.
The conflict started when Israel moved to strike multiple targets in Iran, including nuclear and military sites in a surprise attack in the early hours of Friday. The first wave of attacks also eliminated top Iranian officials, including the armed forces' chief of staff, Mohammed Bagheri, and head of Iran's paramilitary Revolutionary Guard Corp, Hossein Salami.
Israel says the decision to attack Iran was 'pre-emptive self-defence', as it expressed concerns over Iran's rapidly advancing nuclear programme. Israel has repeatedly warned of the threat an Iran equipped with a nuclear weapon would pose on its very survival.
Israeli Prime Minister Benjamin Netanyahu claimed Monday that the strikes have set Iran's nuclear program back 'years" and said he is in touch daily with Trump.
In the early hours of Tuesday, Israeli air defence systems sounded for a short period of time as more Iranian strikes were anticipated.
The Israeli army issued an air raid warning just after midnight local time for residents of Tel Aviv and the southern city of Beersheva. The alert was quickly dropped however, with the army confirming that residents are free to leave shelters and protective spaces nationwide.
Iran's Foreign Minister and chief nuclear deal negotiator Abbas Araghchi says Israel's attacks on his country deal a huge blow to diplomacy. The comments were made during a call with his French, British and German counterparts.
Iran signed a nuclear deal in 2015 with these three countries, along with the EU, US, China and Russia. Washington later unilaterally withdrew from the deal in 2018 under Trump's first term in office.
Meanwhile, the US says it's deploying 'additional capabilities' to bolster its defences in the Middle East. The announcement was made by US Secretary of Defence Pete Hegseth in a post on social media platform X.
'Over the weekend, I directed the deployment of additional capabilities to the United States Central Command Area of Responsibility,' said Hegseth.
'Protecting US forces is our top priority and these deployments are intended to enhance our defensive posture in the region,' he added.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Iran launches new attack on Israel as conflict enters fifth day
Iran launches new attack on Israel as conflict enters fifth day

Euronews

time32 minutes ago

  • Euronews

Iran launches new attack on Israel as conflict enters fifth day

US President Donald Trump has called for the immediate evacuation of all of Tehran, issuing the warning shortly after Israeli forces told residents in parts of north-eastern Tehran to leave ahead of planned strikes on what they described as 'military infrastructure.' The announcements came on the fifth day of hostilities between Iran and Israel, as both sides continue trading strikes in a conflict that shows no sign of slowing. Overnight, explosions and heavy air defence fire were reported in Tehran, as Iranian state media confirmed Israeli airstrikes hit the capital, including a direct hit on the country's state-run television station during a live broadcast. On Monday, Iran launched a pre-dawn wave of missiles at Israel, killing at least eight people, prompting further Israeli retaliation throughout the day. Israeli Prime Minister Benjamin Netanyahu claimed Monday that the strikes have set Iran's nuclear program back 'years' and said he is in touch daily with Trump, who left the G7 summit in Canada early amidst reports he was heading to Washington to work on a ceasefire deal. Stay with us for live updates as Euronews reporters from the region and around the world brought updates and reactions from the dramatic events in the Middle East.

At least 14 people killed in Russian overnight attack on Kyiv
At least 14 people killed in Russian overnight attack on Kyiv

Euronews

timean hour ago

  • Euronews

At least 14 people killed in Russian overnight attack on Kyiv

A Russian missile and drone attack on the Ukrainian capital Kyiv overnight on Tuesday killed at least 14 people and wounded more than three dozen others, according to Ukrainian officials. The attack is the latest in a series of mass drone and missile attacks on Kyiv. It came at a time when world leaders convened at the Group of Seven – or G7 – meeting in Canada, which Ukrainian President Volodymyr Zelenskyy is expected to attend. Ukraine's Interior Minister Ihor Klymenko told reporters at the scene that a US citizen was among those killed in the attacks after suffering shrapnel wounds from the blast. Explosions could be heard for hours throughout the night in the early hours of Tuesday. Thirty apartments were destroyed in a single residential block, according to Klymenko. He noted the death toll is likely to rise as emergency workers descended to the scene of a collapsed apartment building to search for bodies buried under the rubble. People were wounded in the city's Sviatoshynskyi and Solomianskyi districts. Kyiv's Mayor Vitali Klitschko said fires broke out in two other Kyiv districts as a result of falling debris from drones shot down by Ukrainian air defences. Canada, which assumed the presidency of the G7 this year, invited Zelenskyy to the summit, where he is expected to hold one-on-one meetings with world leaders on Tuesday. Zelenskyy was set to meet with US President Donald Trump in Canada on Tuesday, though the White House announced that Trump would be returning unexpectedly to Washington on Monday night instead of Tuesday due to rising tensions in the Middle East. Russia has launched a record number of drones and missiles in recent weeks. Moscow escalated attacks after Ukraine's Security Service agency executed an operation targeting war planes in air bases deep inside Russian territory. The Ukrainian leader says little progress has emerged from direct peace talks held in Istanbul, with the exception of prisoner exchanges, expected to conclude next week. At this year's Paris Air Show, fighter jets are taking a backseat. Unmanned and autonomous technologies are driving the future of defence and dominating the conversation at Le Bourget airport in northern Paris. With 2,400 exhibitors from 48 countries and 300,000 visitors expected, the world's biggest aerospace event opened against an intense backdrop of global tensions. As Russia's full-scale invasion of Ukraine enters its fourth year and tensions are soaring between Israel and Iran, it has become urgent for Europe to modernise its defence capabilities. On Monday, Italian giant Leonardo and Turkey's Baykar Technologies announced a joint venture to co-develop a new generation of unmanned systems, with the first drones expected to be delivered in 2026. 'When it comes to unmanned systems, Europe is quite behind,' said Leonardo CEO Roberto Cingolani. 'First of all, I think the target is to fill the gap… We need to develop different platforms with different payloads... and offer them to different countries. That will already be a very important target in the short to mid-term," explained Cingolani to a group of reporters. Cingolani stressed that Europe will soon need not just drones, but also land and sea-based systems. 'The Ukrainian war has completely changed the landscape,' he said. 'We know that we have to be ready.' For defence consultant Xavier Tytelman, the turning point for this edition of the fair is the industrialisation of high-intensity warfare. "In the past, we said 'We are going to make drones'. Now, we are actually offering drones with well-defined prices, which shows a very strong trend of military industrialisation," he told Euronews. Europe's previous lag on large drone platforms may no longer matter. Smaller, more agile systems that are cheaper to produce and easier to deploy are now proving decisive on the battlefield. Beyond strategy and scale, sovereignty has become a defining theme aduringt this year's edition. The push to develop 'ITAR-free' (International Traffic in Arms Regulations) equipment -free from U.S. export restrictions - is visible across the exhibition area. 'There's one fundamental element here, and that's the return of sovereignty. You see it everywhere with many booths labelled 'ITAR Free.' That means there are no American components, so the U.S. can't prevent them from using their own equipment, like they did in Ukraine, where we supplied missiles that couldn't be used because they contained U.S. parts," explained Tytelman. "Now, all around us, Europeans are organising themselves to be more sovereign, independent, to work together, to complement each other's technological capabilities, and to achieve 100% European industrialisation. That's another major deep, structural trend.'

Bank of Japan holds rates, says to slow bond purchase taper
Bank of Japan holds rates, says to slow bond purchase taper

France 24

time2 hours ago

  • France 24

Bank of Japan holds rates, says to slow bond purchase taper

The central bank spent years buying up Japanese Government Bonds (JGBs) to keep yields low as part of an ultra-loose monetary policy aimed at banishing stagnation and harmful deflation. But it began moving away from that programme last year as inflation began to pick up and the yen weakened, and hiked interest rates for the first time since 2007 and began winding down its JGB purchases. It has since then lifted borrowing costs several times to 0.5 percent, their highest level in 17 years, and continued to buy fewer bonds. However, analysts say uncertainty sparked by US President Donald Trump's trade war has led officials to hold off more hikes, and on Tuesday they held rates again, while saying they would slow the pace of JGB reductions. Purchases will be cut in principle "by about 200 billion yen each calendar quarter from April-June 2026" -- from around 400 billion yen ($2.8 billion) per quarter. Carol Kong, an analyst at the Commonwealth Bank of Australia outlined the possible reasons for the decision ahead of the release of the BoJ policy statement. "Slowing the bond taper will help keep interest rates lower than otherwise, providing support to the economy amid heightened trade uncertainty," she told AFP. Speculation of such a move "intensified after a surge in the 'super long' Japanese Government Bond (JGB) yields in recent months", Kong added. The yen weakened on Tuesday, with the dollar buying 144.80 yen around midday, compared with around 144.30 yen on Monday, with the BoJ's main rate much lower than the US Federal Reserve's 4.25-4.5 percent. "The recent softening of the yen could already partly reflect expectations for a cautious policy update from the BoJ... alongside negative spillovers for Japan from the Middle East conflict," Lee Hardman of MUFG had said before the decision. Next rate hike? The BoJ also highlighted the risks ahead for the economy, saying "growth is likely to moderate, as trade and other policies in each jurisdiction lead to a slowdown in overseas economies and to a decline in domestic corporate profits and other factors". However, "factors such as accommodative financial conditions are expected to provide support", it added. Kong added that the bank "will likely hold off on rate hikes until there is further clarity on US trade policy". Japan, a key US ally and its biggest investor, is subject to the same 10 percent baseline tariffs imposed on most nations plus steeper levies on cars, steel and aluminium. Trump also announced an additional 24 percent "reciprocal" tariff on the country's goods in early April but later paused it along with similar measures on other trading partners. Prime Minister Shigeru Ishiba said Monday there had been no breakthrough on a trade deal after talks with Trump on the sidelines of the G7 summit in Canada. "We still believe the Bank may hike rates in the second half of the year as it remains committed to normalising monetary policy," said Katsutoshi Inadome of SuMi TRUST. "We expect that domestic demand will remain solid and that there is a chance economic conditions will improve to the point where the BoJ can consider interest hikes," he said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store