Welcome to the Economic Corner – where we update you on all the biggest global economic announcements.
• Lets explore this big update coming in from the G7 meet.
• Over 11-13 June, G7 leaders are meeting in Cornwall, UK. This gathering highlights renewed G7 vigour and clout, with a UK presidency committed to action. The leaders of the Group of Seven economies are about hold a three-day summit in the U.K. with climate change, the economy, the coronavirus pandemic and geopolitics set to be major talking points.
• Leaders of the G7 economies are expected to announce a pledge to provide 1bn coronavirus doses to poorer countries as part of a plan to “vaccinate the world” by the end of 2022. This is designed to address criticism that wealthy western governments have secured the bulk of Covid-19 vaccines from manufacturers to immunise their own populations.