Scholz’s G7 aspirations collide with gloomy world outlook

German chancellor Olaf Scholz arriving for his closing news conference on the final day of the G7 leaders' summit at the Schloss Elmau hotel in Elmau, Germany. Photograph: Liesa Johannssen-Koppitz/BloombergIn an outrageously beautiful Alpine setting, G7 leaders spent three days debating the ugliest global situation in living memory: war, hunger, disease and a looming global recession thanks to inflation and energy insecurity.

Scholz insisted the three-day gathering had been “intensive and constructive”, an “important summit at a special time”. Meeting people in person is always better than digital meetings, he said, “where everyone reads their statements”. Like a US proposal for a cap on Russian oil prices, Scholz’s proposed G7 “Climate Club” remains a work in progress. He was unable to say why yet another international structure will be able to solve unresolved, known climate problems.Your browser does not support the audio element.

On Ukraine, G7 leaders said they were “ready” to work with other countries to boost Kyiv’s security arrangements. Asked how much of the G7 $29.5 billion in budget aid to Ukraine was new, Scholz declined to answer. He was similarly tight-lipped about a “security guarantee” German foreign minister Annalena Baerbock promised Kyiv in March.

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