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G7 Agrees To Diversify Supply Chains, Reduce Inflation

  • #Economic conditions & trends
  • #World
  • #Politics
  • #United States of America
  • #Japan
  • #Canada
  • #United Kingdom
  • #France
  • #Germany
  • #Italy
story
MAY 2023
Image copyright: time
story last updated MAY 2023

The Spin

Pro-establishment narrative

The announcement once again shows the G7 and the West's support and commitment to a resilient world economy at a time when Russia's aggression against Ukraine has shaken the very foundations of the international order based on the rule of law and heightened the world's focus on gas and energy alternatives. The international community must band together to resist economic coercion from any country.

Newsweek

Establishment-critical narrative

Instead of bringing a solution to avoid a potential economic catastrophe that could disrupt global financial markets, the G7 continues to push its anti-China plans. While investing in strengthening global supply chains is alright, discussing ways to safeguard a "rules-based international order" against China's so-called "economic coercion" is hypocritical and aims only to protect US economic security.

Global Times

Establishment split

CRITICAL

PRO

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U.S., Allies Weigh How to Further Punish Russia
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The Myth of the Debt Apocalypse
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More neutral establishment stance articles

G-7 talks focus on ways to fortify banks, supply chains as China accuses group of hypocrisy
IndependentJUL 2023