G7 Summit 2024 Highlights: World leaders agree to pass $50 billion loan for Ukraine

Flying through the night across nine time zones, from southern Italy to Southern California, President Joe Biden will shift focus from Russia's challenge of Western unity to raking in big bucks for his reelection campaign at a Hollywood fundraiser featuring George Clooney and Julia Roberts. (AP)

Prime Minister Narendra Modi and his Italian counterpart Giorgia Meloni have reviewed the progress of the bilateral strategic partnership and agreed to strengthen cooperation in global fora and multilateral initiatives, including the India-Middle East-Europe Economic Corridor.

The two leaders met on Friday towards the end of Prime Minister Modi's day-long visit to Apulia, southern Italy, during which he thanked the Italian Prime Minister for the invitation to attend the G7 Summit. (PTI)

World leaders headed to Switzerland on Saturday for a first summit on peace in Ukraine, after Vladimir Putin demanded Kyiv effectively surrender if it ultimately wants negotiations with Moscow. This comes a day after Zelenskyy addressed a session on the G7 summit.

Argentina's libertarian President Javier Milei met the managing director of the International Monetary Fund (IMF) on Friday on the sidelines of the G7 summit, the most important international forum he has attended since taking office in December.

Milei met with IMF head Kristalina Georgieva at the summit in Italy a day after the fund approved the eighth review of Argentina's $44 billion extended fund facility agreement, clearing the way for the country to draw $800 million to help drive its economic recovery. (Reuters)

Warning nations on use of ‘lethal autonomous weapons’, Pop Francis said that "artificial intelligence [is] both a fascinating and terrifying technology. We would commit humanity to a hopeless future if we removed people's freedom to make judgements about themselves and their life, forcing them to rely on the choices of machines."

On the sidelines of the G7 Summit in Italy, Prime Minister Narendra Modi interacted with the leaders of Turkey, the UAE, Brazil and Jordan and struck a pose for the camera along with them on Friday.

PM Modi had a "delightful conversation" with Turkish President Recep Tayyip Erdogan, UAE President Mohammed bin Zayed Al Nahyan, as well as the President of Brazil Luiz Inacio Lula da Silva. (ANI)

The Group of Seven leading industrialized nations turned their attention to migration, artificial intelligence, economic security and the Indo-Pacific region on Friday, the second and final day of their summit in Italy. The G7 leaders stressed their determination to meet global challenges “at a crucial moment in history.” (AP)

Leaders of the Group of Seven wealthy democracies have agreed to engineer a $50 billion loan to help Ukraine in its fight for survival. Interest earned on profits from Russia’s frozen central bank assets would be used as collateral. (AP)

PM Narendra Modi held bilateral talks with his Italian counterpart Giorgia Meloni on issues such as defence and security. The MEA said in a statement, “The two sides discussed bilateral defence and security cooperation and hoped for further enhancing the defence industrial collaboration. They welcomed the forthcoming visit of the Italian aircraft carrier ITS Cavour and training ship ITS Vespucci to India later this year.”

President Joe Biden and Italian Prime Minister Giorgia Meloni held bilateral talks on the sidelines of the G7 summit, discussing topics ranging from security, economy and regional issues.

PM Narendra Modi met with United Nations General Secretary Antonio Guterres on the sidelines of the G7 summit in Italy on Friday. PM Modi said, "Pleased to meet the United Nations Secretary General, Antonio Guterres, in Italy."

Prime Minister Narendra Modi held a bilateral meeting with Japanese PM Fumio Kishida on the sidelines of the G-7 Summit in Apulia, Italy and discussed the Mumbai-Ahmedabad High Speed Rail project with a targeted 5 trillion yen worth of investment in India.

PM Modi posted on X, "Had a very productive day at the G7 Summit in Apulia. Interacted with world leaders and discussed various subjects. Together, we aim to create impactful solutions that benefit the global community and create a better world for future generations. I thank the people and government of Italy for their warm hospitality."

PM Narendra Modi left Italy after concluding his stint in the G7 summit, and is set to land in New Delhi on June 15. Ahead of his departure, PM Modi posted on X, “Had a very productive day at the G7 Summit in Apulia. Interacted with world leaders and discussed various subjects.”