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What to expect as leaders convene at the G7 Summit

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Ahead of the G7 summit in England, US President Joe Biden is leading a movement to push developing countries away from China’s grip.

Offering substantial infrastructure initiatives, and millions of Covid-19 vaccine doses, experts believe the power play could potentially outweigh Beijing’s.

It comes as Biden and British PM Boris Johnson sat down for their first meeting in Cornwall.

The leaders were promoting a new “partnership” and announced the financing of several major infrastructure projects in emerging markets.

Although there was no direct mention of China, the initiatives proposed do have significant similarities to pledges previously made by Beijing.

These pledges include China’s belt and road initiative and the country’s vaccine distribution program.

As G7 member nations prepare to convene, it is expected that leaders will continue to assert the moral and economic standards of the west.

Vaccine Donation

During the summit, UK Prime Minister Boris Johnson expects the Group of Seven to agree on a decision to donate one billion coronavirus vaccine doses to poorer nations.

It comes as the United States donates 500 million Pfizer shots to COVAX to battle the pandemic and strengthen the rollout around the world.

Some campaign groups condemned the plan as a drop in the ocean, with Oxfam estimating that nearly 4 billion people will depend on COVAX for vaccines, the programme that distributes COVID-19 shots to low and middle income countries.

The pandemic has claimed the lives of around 4 million people and ripped through the global economy. Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Money

It takes a village: coordinated financial teams prove paramount to maximising wealth

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The pursuit of wealth is often faced by significant challenges including debt, lifestyle costs, and burnout – so what methods can help overcome these challenges?

Maximising financial opportunities involves a suite of tasks, from leveraging favourable loan rates, strategic tax planning, and coordinated financial advising.

Mark Wyld from MW Wealth joins to discuss more. #featured

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Microsoft recalls ‘Recall AI’ feature over security fears

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Microsoft has announced a postponement in the release of its new Recall AI feature, citing significant security concerns raised during internal testing.

Pope Francis took charge of discussions on the implications of artificial intelligence for global ethics and governance, Reuters reports.

The pope said AI represented an “epochal transformation” for mankind, but stressed the need for close oversight of the ever-developing technology to preserve human life and dignity.

“No machine should ever choose to take the life of a human being,” he said, adding that people should not let superpowerful algorithms decide their destiny.
“We would condemn humanity to a future without hope if we took away people’s ability to make decisions about themselves and their lives, by dooming them to depend on the choices of machines,” he warned.

#featured #trending

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