With the United States out of the agreement, the administration now cannot undermine global climate talks as part of the Trump effort to promote fossil fuels.
The president's refusal to commit to the landmark Paris Agreement on climate change further isolates the U.S. as other world powers prepare to tackle the environmental crisis.
What could possibly be sinister about leaders of the world's most powerful companies and countries meeting in closed sessions on an Austrian mountaintop to discuss global strategy?
The annual economics summit, which began Sunday, is “a moribund institution” that “should be scrapped” because it has become useless as “an instrument of the internationalism it was set up to pursue,” writes economics analyst Larry Elliott at The Guardian.
The Group of Seven rich countries have agreed to slap sanctions on Moscow as early as Monday over the soaring Ukraine crisis amid fears in the West that Russia could be about to invade.
Following the string of economic crises across the globe, financial elites are planning to meet in Washington this weekend to address how to resolve the problems of global capitalism. Notably missing from the proceedings is any representative from the developing world.