Now Tec BlogNow Tec Blog

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Tyrannosaurs Were Extreme Cowards – And We Have The Footage To Prove It

    May 28, 2023

    THINGS TO KNOW THIS WEEK

    May 28, 2023

    Meta’s Quest 3 headset could feature a color camera for more realistic pass-through video

    May 28, 2023
    Facebook Twitter Instagram
    • Home
    • Business

      Congress to Discuss Biden-McCarthy Debt Ceiling Deal

      May 28, 2023

      Top 10 Highest Paying Degrees for Generation Z in America

      May 28, 2023

      Here’s how Waystar Royco ranks in the Fortune 500

      May 28, 2023

      How do I negotiate with an aging parent who resists support?borrow tips from business

      May 28, 2023

      European bonds could help rebuild Ukraine

      May 28, 2023
    • Gadgets

      Meta’s Quest 3 headset could feature a color camera for more realistic pass-through video

      May 28, 2023

      Hitting the Books: Renee Descartes had his best revelations while baked in an oven

      May 28, 2023

      AI will change how Americans find jobs and get promoted

      May 28, 2023

      Will ChatGPT and other generative AI harm the environment?

      May 28, 2023

      Apple’s free My Photo Stream service will end on July 26

      May 27, 2023
    • Tech

      How to Control Amazon Kids+ Content Settings (2023)

      May 28, 2023

      A quest to extract energy from nothing using quantum mechanics

      May 28, 2023

      In memory of GitHub’s offices, a monument to technology culture

      May 28, 2023

      How to send text messages through phone from PC | Wired

      May 28, 2023

      Turtle Beach Stealth Pro Review: Go Anywhere, Play Anything

      May 28, 2023
    • World

      Follow the Poll: 2023 Turkey Election Runoff Poll Results | Election News

      May 28, 2023

      IPL final: Can Gujarat’s Gill ruin Chennai’s Dhoni’s ‘farewell’? | Cricket News

      May 28, 2023

      Tackling poverty starts with accepting the GDP of the poor.opinion

      May 28, 2023

      PHOTOS: Indian police disrupt wrestlers’ march | Protest news

      May 28, 2023

      Al Itihad wins Saudi League, Ronaldo leaves empty-handed | Football News

      May 28, 2023
    • AI

      THINGS TO KNOW THIS WEEK

      May 28, 2023

      AI Helps Find Owner of Necklace Made from Megalodon Teeth Found in Titanic Wreckage

      May 28, 2023

      Is Nvidia the only AI stock worth owning?

      May 28, 2023

      “Indian Popoy”: AI Art Reimagines World Leaders as Gym Companions

      May 28, 2023

      Weekly Preview: Featured Earnings (AI, GME, ZS)

      May 28, 2023
    • Apple

      Chargers & Smartphone Accessories Sale: Up To 70% Off

      May 28, 2023

      This hidden camera detector sells for $39

      May 28, 2023

      How to unblock ESPN+ for free from outside the US

      May 28, 2023

      Here are the answers and tips for May 28th.

      May 27, 2023

      Here are the answers and tips for May 28

      May 27, 2023
    • ChatGPT

      What is a ChatGPT shared link and how does it work?

      May 28, 2023

      ChatGPT Stock Portfolio: Top 10 Stocks

      May 28, 2023

      I asked ChatGPT about Cardano’s moves in 2023, the response was intriguing

      May 28, 2023

      6 ChatGPT prompts for text analytics

      May 28, 2023

      10 Ways Writers Use ChatGPT

      May 28, 2023
    • Cyber Security

      Coláiste Chu Chulainn Dundalk student Finian to join national cybersecurity team

      May 28, 2023

      World’s Largest Cybersecurity Roadshow Arrives in Oman as Part of Global Tour

      May 28, 2023

      Artificial Intelligence Risks and Benefits in Cybersecurity

      May 28, 2023

      ITU-ARCC and Huawei Jointly Promote Public-Private Cybersecurity Cooperation

      May 28, 2023

      National security agencies conduct cyber defense exercises to thwart Chinese threat | Latest news India

      May 27, 2023
    • Computing

      Cloud Computing Will Add $13.7 Billion to Oman’s GDP Over Next Decade: AWS

      May 28, 2023

      The backbone of modern AI infrastructure

      May 28, 2023

      Quantum computing can help secure the future of AI systems

      May 28, 2023

      21st Century Technology: Fog Computing

      May 28, 2023

      China Announces New Quantum Computing Cloud Platform

      May 28, 2023
    • Science

      Tyrannosaurs Were Extreme Cowards – And We Have The Footage To Prove It

      May 28, 2023

      India can become a world leader in science

      May 28, 2023

      Local students win top prizes, or arts, sciences, and more

      May 28, 2023

      Elon Musk’s Neuralink gets FDA approval for brain implant human study.The company says the Japanese startup failed to land on the moon because of an altitude calculation error

      May 28, 2023

      SCIENCE OF THE WEEK | New Clues About Radio Flashes in Space and More

      May 28, 2023
    Facebook Twitter Instagram
    Now Tec BlogNow Tec Blog
    • Home
    • Business

      Congress to Discuss Biden-McCarthy Debt Ceiling Deal

      May 28, 2023

      Top 10 Highest Paying Degrees for Generation Z in America

      May 28, 2023

      Here’s how Waystar Royco ranks in the Fortune 500

      May 28, 2023

      How do I negotiate with an aging parent who resists support?borrow tips from business

      May 28, 2023

      European bonds could help rebuild Ukraine

      May 28, 2023
    • Gadgets

      Meta’s Quest 3 headset could feature a color camera for more realistic pass-through video

      May 28, 2023

      Hitting the Books: Renee Descartes had his best revelations while baked in an oven

      May 28, 2023

      AI will change how Americans find jobs and get promoted

      May 28, 2023

      Will ChatGPT and other generative AI harm the environment?

      May 28, 2023

      Apple’s free My Photo Stream service will end on July 26

      May 27, 2023
    • Tech

      How to Control Amazon Kids+ Content Settings (2023)

      May 28, 2023

      A quest to extract energy from nothing using quantum mechanics

      May 28, 2023

      In memory of GitHub’s offices, a monument to technology culture

      May 28, 2023

      How to send text messages through phone from PC | Wired

      May 28, 2023

      Turtle Beach Stealth Pro Review: Go Anywhere, Play Anything

      May 28, 2023
    • World

      Follow the Poll: 2023 Turkey Election Runoff Poll Results | Election News

      May 28, 2023

      IPL final: Can Gujarat’s Gill ruin Chennai’s Dhoni’s ‘farewell’? | Cricket News

      May 28, 2023

      Tackling poverty starts with accepting the GDP of the poor.opinion

      May 28, 2023

      PHOTOS: Indian police disrupt wrestlers’ march | Protest news

      May 28, 2023

      Al Itihad wins Saudi League, Ronaldo leaves empty-handed | Football News

      May 28, 2023
    • AI

      THINGS TO KNOW THIS WEEK

      May 28, 2023

      AI Helps Find Owner of Necklace Made from Megalodon Teeth Found in Titanic Wreckage

      May 28, 2023

      Is Nvidia the only AI stock worth owning?

      May 28, 2023

      “Indian Popoy”: AI Art Reimagines World Leaders as Gym Companions

      May 28, 2023

      Weekly Preview: Featured Earnings (AI, GME, ZS)

      May 28, 2023
    • Apple

      Chargers & Smartphone Accessories Sale: Up To 70% Off

      May 28, 2023

      This hidden camera detector sells for $39

      May 28, 2023

      How to unblock ESPN+ for free from outside the US

      May 28, 2023

      Here are the answers and tips for May 28th.

      May 27, 2023

      Here are the answers and tips for May 28

      May 27, 2023
    • ChatGPT

      What is a ChatGPT shared link and how does it work?

      May 28, 2023

      ChatGPT Stock Portfolio: Top 10 Stocks

      May 28, 2023

      I asked ChatGPT about Cardano’s moves in 2023, the response was intriguing

      May 28, 2023

      6 ChatGPT prompts for text analytics

      May 28, 2023

      10 Ways Writers Use ChatGPT

      May 28, 2023
    • Cyber Security

      Coláiste Chu Chulainn Dundalk student Finian to join national cybersecurity team

      May 28, 2023

      World’s Largest Cybersecurity Roadshow Arrives in Oman as Part of Global Tour

      May 28, 2023

      Artificial Intelligence Risks and Benefits in Cybersecurity

      May 28, 2023

      ITU-ARCC and Huawei Jointly Promote Public-Private Cybersecurity Cooperation

      May 28, 2023

      National security agencies conduct cyber defense exercises to thwart Chinese threat | Latest news India

      May 27, 2023
    • Computing

      Cloud Computing Will Add $13.7 Billion to Oman’s GDP Over Next Decade: AWS

      May 28, 2023

      The backbone of modern AI infrastructure

      May 28, 2023

      Quantum computing can help secure the future of AI systems

      May 28, 2023

      21st Century Technology: Fog Computing

      May 28, 2023

      China Announces New Quantum Computing Cloud Platform

      May 28, 2023
    • Science

      Tyrannosaurs Were Extreme Cowards – And We Have The Footage To Prove It

      May 28, 2023

      India can become a world leader in science

      May 28, 2023

      Local students win top prizes, or arts, sciences, and more

      May 28, 2023

      Elon Musk’s Neuralink gets FDA approval for brain implant human study.The company says the Japanese startup failed to land on the moon because of an altitude calculation error

      May 28, 2023

      SCIENCE OF THE WEEK | New Clues About Radio Flashes in Space and More

      May 28, 2023
    Now Tec BlogNow Tec Blog
    Home»Business News»The G7 was stronger on values ​​than hard cash
    Business News

    The G7 was stronger on values ​​than hard cash

    eduardo_alves38By eduardo_alves38June 13, 2021Updated:June 13, 2021No Comments5 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Since his election as President of the United States, Joe Biden has lost no opportunity to announce that “America is back”. The underlying message of the recently concluded G7 summit in Cornwall could be summed up as “the west is back”. The purpose of the assembled leaders was to show unity, purpose and leadership in solving the world’s problems – and to reach out to the rest of the world.

    It was the first summit meeting of the G7 countries – the United States, Japan, the United Kingdom, France, Germany, Canada and Italy – since the outbreak of the pandemic and the defeat of Donald Trump. But, as the leaders gathered in Cornwall displayed a lot of ambition, the summit leaves behind big questions as to whether the delivery of the G7 will match its rhetoric.

    This issue of delivery hangs over many of the major topics discussed by the G7, including vaccines, climate and efforts to create an international infrastructure to compete with China’s Belt and Road Initiative.

    On vaccines, the G7 has promised to deliver one billion doses to the developing world in one year. But this impressive number may still be too small and too late. The World Health Organization has mentionned the world needs 11 billion doses of vaccines to effectively fight Covid-19. And a deployment that can take 18 months will mean many more deaths – and a long time for new vaccine-resistant strains of the virus to develop.

    While leaders gathered in Cornwall have displayed a lot of ambition – the summit leaves behind big questions as to whether the G7 delivery will match its rhetoric

    Competition with China has been the underlying theme for much of the G7 summit. But the Chinese government will likely promise more vaccines to the rest of the world than the G7. However, doubts about the efficiency Chinese vaccines can mean it’s a mixed blessing.

    The G7’s determination to push back China’s growing global influence was most evident in the group’s support for a Western alternative to China’s Belt and Road Initiative to build infrastructure in the developing world. The idea is that the Option G7 provide higher environmental standards and more transparency on lending and governance.

    But it is also likely to offer much less money – a point on which the G7 communiqué becomes notably vague. Meanwhile, Chinese banks and companies are already working hard on flagship projects around the world, like building a new capital of Egypt.

    Beyond the announcements and headlines, the deeper question arises as to how united the Western world truly is in its determination to oppose Chinese influence. Even on the fringes of the G7, it was evident that the language used by the United States and Japan was significantly stronger than the rhetoric of the Europeans.

    The four nations invited to join the G7 in Cornwall – particularly India and Australia – are clearly important to any effort to organize the democratic world to take on China. But speaking just before the G7 summit, Emmanuel Macron, the President of France, stress the need for Europe to maintain its “independence with regard to our strategy vis-à-vis China”. This sentiment would be shared by Angela Merkel, the German Chancellor, and even, to some extent, by Boris Johnson. The British Prime Minister is described by an exasperated official, of an allied nation, as “always wanting to have his cake and eat it on China”.

    The G7 cannot avoid the reality that Chinese cooperation is essential to tackle climate change. What the assembled leaders attempted to do in Cornwall was lead the global effort. They announced ambitious plans to shut down polluting coal-fired power plants as soon as possible – and to protect 30% of the planet’s land and oceans by 2030. The official statement was inevitably a little light on the details. But the suspicion remains that practical steps to achieve these goals may not be forthcoming.

    After Cornwall, Biden’s next stop is a NATO summit in Brussels, followed by a meeting with Vladimir Putin, President of Russia. The G7 press release underlined calling for an investigation into the use of chemical weapons on Russian soil – as well as condemnation of Russia’s tolerance for ransomware attacks launched from its soil. The hope is that Putin will be impressed by the displays of Western determination and unity being deployed in Cornwall and Brussels.

    This year’s G7 summit certainly made a stark contrast to the Trump years, when the US president seemed far more inclined to stir up divisions with old allies than to display unity. Even Johnson, a friend of Trump’s, was probably sincere when he described Biden as a “breath of fresh air” for the Western alliance.

    Putin – along with Chinese President Xi Jinping – will take note that things have clearly changed in the Western alliance, with Trump leaving the White House. But will the Russian and Chinese leaders be intimidated or punished? Maybe not yet.

    gideon.rachman@ft.com

    Follow Gideon Rachman with myFT and on Twitter





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    eduardo_alves38
    • Website

    Related Posts

    Congress to Discuss Biden-McCarthy Debt Ceiling Deal

    May 28, 2023

    Top 10 Highest Paying Degrees for Generation Z in America

    May 28, 2023

    How do I negotiate with an aging parent who resists support?borrow tips from business

    May 28, 2023
    Add A Comment

    Leave A Reply Cancel Reply

    Editors Picks

    What is a ChatGPT shared link and how does it work?

    May 28, 2023

    ChatGPT Stock Portfolio: Top 10 Stocks

    May 28, 2023

    I asked ChatGPT about Cardano’s moves in 2023, the response was intriguing

    May 28, 2023

    6 ChatGPT prompts for text analytics

    May 28, 2023
    Top Reviews
    Advertisement
    Demo
    Now Tec Blog
    Facebook Twitter Instagram Pinterest Vimeo YouTube
    • Home
    • About us
    • DMCA
    • Privacy Policy
    © 2023 nowtecblog. Designed by nowtecblog.

    Type above and press Enter to search. Press Esc to cancel.