Boris Johnson and Emmanuel Macron see a possibility of “reversing the course” of the war in Ukraine
The price cap is on the discussion table of the G7. Washington would have an interest in an oil cap, but the issue will go hand in hand with the price cap gas. This is what a source explains on the first day of the summit of the greats: the impact of the war at the center of the work, with a lighthouse on energy and inflation. Meanwhile Biden points out that the leaders of the G7 they will announce that they want to ban the importation of Russian gold.
The British premier Boris Johnson and the French president Emmanuel Macron see a possibility of “reversing the course” of the war in Ukraine, reports Downing Street after the bilateral meeting between the two al
“We will be alongside Ukraine for as long as necessary. The negative global impact of the Russian war will be at the center of our exchanges at the G7.” The president of the European Commission Ursula von der Leyen wrote on Twitter.
As a sign of full solidarity with Ukraine and under the still very strong effect of the energy shock caused by the Russian gas cuts, the first G7 of Olaf Scholz, who will be the host welcoming the great of the earth in the heart of the Bavarian Alps, in Germany. At Elmau Castle – the same where Angela Merkel hosted Barack Obama 7 years ago – the intervention of Volodymyr Zelensky is expected, who will connect on video Monday morning, at the invitation of the Chancellor.
But discussions will mainly focus on how to stem energy prices, with Europeans returning from the top of Brussels – and the postponement on the price cap – and Joe Biden who arrives to give a hand and with the proposal for a ceiling on the price of oil. The American president lands in Europe also with the aim of increasingly stemming Russia, with possible new sanctions, but also to strengthen the anti-China front with an alternative plan to the Silk Road.
Indeed, the Elmau summit comes at a very hot moment, a few days after the German decision to trigger the gas emergency plan, due to the drastic reduction in supplies from Moscow. And to this the chancellor dedicates the message on the eve: “Many things have become more expensive. Food, but also energy. Petrol, gas, everything got more expensive in a year. For this we must prepare“. In light of the current crises, adds the Bundeskanzler in the podcast on Saturday,” we must agree with the others what needs to be done. Only together will we be able to face the challenges related to this new situation “.
Scholz recalls the origins of the summit: that G6 which, at the time of Helmut Schmidt, had to deal with the oil crisis. “Now it is important to discuss the current situation and at the same time to worry that climate change is stopped. We must also do it to leave the fossil road in the long run and for this reason one of the tasks will be to set up a climate club, in which the States who want to achieve this goal, work together. In Elmau – he concludes – we will be able to make important decisions. If we act in a united and determined way “.
The German Sherpas assure that the great of the Earth have never been more united than now: the line of Scholz, Emmanuel Macron, Mario Draghi and Joe Biden on Ukraine it would be of a “granite” compactness, despite the chancellor’s hesitations – now outdated – about sending heavy weapons to Kiev and the tones that often appeared different among Europeans (the Russians “should not be humiliated”, Macron said) and the Anglo-American axis, with Biden and Boris Johnson determined to arm Ukraine until victory.
In the bilateral between Scholz and BidenOn Sunday, the energy issue will also be discussed: the Americans are pushing to increase pressure on Moscow also on this front, just as in Europe there are fears that Putin may decide to completely cut off gas supplies. Biden – in the Old Continent for the G7 and the Spanish NATO summit – will try to reassure Europe of US support. European sources report that EU leaders are evaluating the American proposal on the price cap on oil, but without “a great appetite to reopen the sixth package of sanctions”, the one that affects Russian oil.
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