Berliner Boersenzeitung - G7 defence summit convenes during 'historic moment'

EUR -
AED 3.994155
AFN 71.335205
ALL 98.64954
AMD 420.112868
ANG 1.954095
AOA 992.279154
ARS 1063.402848
AUD 1.621811
AWG 1.957364
AZN 1.852939
BAM 1.955394
BBD 2.189246
BDT 129.573126
BGN 1.956839
BHD 0.409615
BIF 3153.046051
BMD 1.087424
BND 1.423005
BOB 7.492446
BRL 6.190603
BSD 1.084275
BTN 91.151095
BWP 14.457002
BYN 3.548364
BYR 21313.519528
BZD 2.185547
CAD 1.501897
CDF 3094.810423
CHF 0.940698
CLF 0.037188
CLP 1026.127179
CNY 7.722676
CNH 7.740249
COP 4608.344219
CRC 557.284418
CUC 1.087424
CUP 28.816748
CVE 110.242136
CZK 25.239561
DJF 193.079955
DKK 7.463542
DOP 65.316453
DZD 145.090908
EGP 52.837041
ERN 16.311367
ETB 130.056126
FJD 2.423547
FKP 0.832063
GBP 0.833435
GEL 2.958219
GGP 0.832063
GHS 17.402391
GIP 0.832063
GMD 76.120099
GNF 9353.060154
GTQ 8.383261
GYD 226.842952
HKD 8.450271
HNL 27.059388
HRK 7.4913
HTG 142.690406
HUF 400.368361
IDR 16827.186781
ILS 4.041751
IMP 0.832063
INR 91.419177
IQD 1420.405405
IRR 45769.696145
ISK 149.401667
JEP 0.832063
JMD 172.244276
JOD 0.770771
JPY 162.60806
KES 140.420876
KGS 92.978923
KHR 4404.086582
KMF 492.766814
KPW 978.681774
KRW 1489.782809
KWD 0.333318
KYD 0.903613
KZT 523.801362
LAK 23785.066923
LBP 97096.861892
LKR 317.474155
LRD 208.72671
LSL 19.040351
LTL 3.210882
LVL 0.657773
LYD 5.216918
MAD 10.737173
MDL 19.315994
MGA 4965.970047
MKD 61.517241
MMK 3531.912247
MNT 3695.068365
MOP 8.6771
MRU 42.926097
MUR 50.500404
MVR 16.692377
MWK 1879.910102
MXN 21.62431
MYR 4.680823
MZN 69.490479
NAD 19.040351
NGN 1777.939375
NIO 39.901724
NOK 11.880058
NPR 145.841752
NZD 1.791031
OMR 0.418283
PAB 1.084275
PEN 4.086352
PGK 4.271114
PHP 62.549063
PKR 300.994773
PLN 4.307305
PYG 8584.219613
QAR 3.95448
RON 4.976096
RSD 116.991736
RUB 104.178393
RWF 1472.494601
SAR 4.08457
SBD 9.0625
SCR 15.327289
SDG 654.089813
SEK 11.440834
SGD 1.42493
SHP 0.832063
SLE 25.000292
SLL 22802.743856
SOS 619.671479
SRD 35.763257
STD 22507.490939
SVC 9.487032
SYP 2732.186884
SZL 19.025054
THB 36.04925
TJS 11.563802
TMT 3.81686
TND 3.354704
TOP 2.546861
TRY 37.109234
TTD 7.357474
TWD 34.859607
TZS 2954.687191
UAH 44.705528
UGX 3977.175125
USD 1.087424
UYU 45.430578
UZS 13882.120817
VEF 3939252.254264
VES 42.541279
VND 27365.03668
VUV 129.10125
WST 3.046076
XAF 655.820981
XAG 0.032237
XAU 0.0004
XCD 2.938819
XDR 0.810232
XOF 655.820981
XPF 119.331742
YER 272.23711
ZAR 19.137044
ZMK 9788.129001
ZMW 28.815024
ZWL 350.150234
  • RBGPF

    0.4200

    60.92

    +0.69%

  • RELX

    -0.4200

    48.17

    -0.87%

  • SCS

    -0.2000

    13.01

    -1.54%

  • AZN

    0.2400

    78.26

    +0.31%

  • BP

    0.0100

    31.33

    +0.03%

  • NGG

    0.8100

    68

    +1.19%

  • GSK

    -0.4100

    38.55

    -1.06%

  • BTI

    -0.8700

    34.5

    -2.52%

  • JRI

    0.0700

    13.22

    +0.53%

  • BCC

    -0.4600

    141.74

    -0.32%

  • RIO

    0.2700

    65.36

    +0.41%

  • BCE

    0.0500

    33.54

    +0.15%

  • RYCEF

    0.1000

    7.45

    +1.34%

  • CMSD

    0.0200

    25.04

    +0.08%

  • CMSC

    -0.0100

    24.78

    -0.04%

  • VOD

    0.0300

    9.76

    +0.31%

G7 defence summit convenes during 'historic moment'
G7 defence summit convenes during 'historic moment' / Photo: Tiziana FABI - AFP

G7 defence summit convenes during 'historic moment'

G7 defence ministers started talks on Saturday against a backdrop of escalation in the Middle East and mounting pressure on Ukraine as it faces another winter of fighting.

Text size:

Italy, holding the rotating presidency of the Group of Seven countries, organised the body's first ministerial meeting dedicated to defence, staged in Naples, the southern city that is also home to a NATO base.

Italian Defence Minister Guido Crosetto welcomed each of the attendees, who also included NATO chief Mark Rutte.

"I believe that our presence today... sends a strong message to those who try to hinder our democratic systems," Crosetto told ministers as he opened the event.

Crosetto said on Friday in Brussels he had requested the summit, given the many conflicts facing the international community.

"Ample space" would be given to discussing the escalating Middle East conflict during the one-day summit, Crosetto said.

Also on the agenda is the war in Ukraine, development and security in Africa and situation in the Asia-Pacific.

The meeting comes two days after Israel announced it had killed Hamas chief Yahya Sinwar, mastermind of the October 7, 2023 attacks on Israel that triggered the devastating retaliatory war in Gaza.

Israeli Prime Minister Benjamin Netanyahu said Sinwar's death in the Palestinian territory signalled "the beginning of the end" of the war against Hamas, while US President Joe Biden saying it opened the door to "a path to peace".

Italy's prime minister, Giorgia Meloni, was in Lebanon on Friday, where Israel is also at war with Hamas ally Hezbollah.

Speaking in Beirut, Meloni slammed attacks on UN peacekeepers in Lebanon as "unacceptable" after the UN force accused Israel of targeting their positions.

Italy has around 1,000 troops in the UN peacekeeping force in Lebanon, which has soldiers from more than 50 countries.

- Ukraine prospects -

On Ukraine, the ministers will contemplate Kyiv entering a third winter at war, battlefield losses in the east -- and the prospect of reduced US military support should Donald Trump be elected to the White House next month.

Ukrainian President Volodymyr Zelensky, under mounting pressure from Western allies to forge a winning strategy against Russia, on Thursday presented what he called a "victory plan" to the European Union and NATO.

Its main thrust is a call for immediate NATO membership, deemed unfeasible by alliance members.

It also demands the ability to strike military targets inside Russia with long-range weapons, and an undefined "non-nuclear strategic deterrence package" on Ukrainian territory.

Under discussion will also likely be reports, based on South Korean intelligence, that North Korea is deploying large numbers of troops to support Moscow's war against Ukraine.

NATO was not as yet able to confirm that intelligence, Rutte said on Friday.

Saturday's summit was to conclude with a press conference at 4:00 pm (1400 GMT).

(T.Burkhard--BBZ)