havoc to global trade. speaking in bahrain, the us defense secretary lloyd austin said participating countries include the united kingdom, bahrain, canada, france, italy and spain, among others. this is notjust a us issue, this is an international problem and it deserves an international response. and that s why i m convening a meeting tomorrow, a ministerial meeting, with fellow ministers in the region and beyond to address this threat. for more on what the shipping disruption might mean for the global economy, i m joined from washington by hung tran, a senior fellow at the atlantic council and former deputy director at the international monetary fund. this area of the red sea leading to the suez canal is quite important in terms of the volume of trade passing through it. about 12% of global trade passes through the red sea, including 30% of the container shipping. altogether, it accounts for about us$1 trillion per year of trade, so it is quite significant, and a disruption
guest, ukrainian president is a political organisation but this years summit was dominated by economics that it was at the very heart of any news that the leaders discussed this weekend, ukraine and china. i will start with a crane. before the summit even kicked off on friday the us introduced a raft of measures targeting russia, 300 sanctions aimed at restricting moscow s ability to source battlefield materials. the uk then followed suit, having introduced an import ban on russian diamonds, copper, aluminium, nickeland russian diamonds, copper, aluminium, nickel and then the g7 leadersjointly aluminium, nickel and then the g7 leaders jointly agreed on a statement that said they would continue to impose sanctions, tighten them, and specify the need to crack down on sanctions and evasions, the use of third party countries as a loophole for russia to get around these restrictions. they also acknowledge the fact, separately to the joint statement that there would be a need to ut
you re with bbc news, these are the headlines. president biden has arrived in japan, to meet with the country s prime minister ahead of the annual g7 summit taking place in hiroshima. controversial actorjohnny depp tells the bbc his return to the big screen is not a comeback because he never went away. the un describes a two month extension to the black sea green deal is a good news deal for the world. it had been due to expire on thursday. and rescue operations are continuing in northern italy after heavy rains caused deadly flooding. ten yea rs ten years ago, fergus walsh a medical editor became the first person to take part in the world s biggest scanning project. biobank was created to better understand how the body ages by taking detailed images of the brain, heart and pounds to find new ways of treating and preventing disease. now a decade on, fergus has been back to face the scanners again to see what s changed. mapping the ageing human body. it s nearly a decade since
organisation but this years summit was dominated by economics that it was at the very heart of any news that the leaders discussed this weekend, ukraine and china. i will start with ukraine. before the summit even kicked off on friday the us introduced a raft of measures targeting russia, 300 sanctions aimed at restricting moscow s ability to source battlefield materials. the uk then followed suit, having introduced an import ban on russian diamonds, copper, aluminium, nickel and then the g7 leaders jointly agreed on a statement that said they would continue to impose sanctions, tighten them, and specify the need to crack down on sanctions and evasions, the use of third party countries as a loophole for russia to get around these restrictions. they also acknowledge the fact, separately to the joint statement that there would be a need to utilise the so called outreach countries in the global south countries like india for example, because the sanctions put in place have hurt
volodymyr zelensky. amongst the issues discussed, china and the ongoing war in ukraine. nick marsh has more. the g7 is a political organisation but this years summit was dominated by economics that it was at the very heart of any news that the leaders discussed this weekend, ukraine and china. i will start with ukraine. before the summit even kicked off on friday the us introduced a raft of measures targeting russia, 300 sanctions aimed at restricting moscow s ability to source battlefield materials. the uk then followed suit, having introduced an import ban on russian diamonds, copper, aluminium, nickel and then the g7 leaders jointly agreed on a statement that said they would continue to impose sanctions, tighten them, and specify the need to crack down on sanctions and evasions, the use of third party countries as a loophole for russia to get around these restrictions. they also acknowledge the fact, separately to the joint statement that there would be a need to utilise t