LIVE: Paris Hosts G7 Finance Ministers As Global Economic Pressures Rise | Hormuz | Iran War

Added: 2026-05-18

[00:00:02]I see.

[00:00:06]I see. Make sure this one.

[00:00:17]>> Thank you guys. Thank you. Good to see you. There's coffee upstairs. Good. I'll see you in 5 minutes. I didn't expect you.

[00:00:28]All right.

[00:01:15]Oh, you're worried about the market for who?

[00:01:22]>> What do you do? You understand what she said?

[00:01:25]>> No.

[00:01:26]>> No. So any question from your side?

[00:01:28]French, >> American, English?

[00:01:31]>> Yes. In English, please. What are your expectations?

[00:01:33]>> Expectation for for this.

[00:01:36]>> Yes. This is a place where I used to live. I'm graduate of ancient.

[00:01:44]So you you don't understand French.

[00:01:46]>> Yes.

[00:01:47]>> Okay.

[00:01:48]>> So I am graduate of the traditional French school of the government.

[00:01:54]So I returned to France after some 10 years. I'm very glad to be here. I mean this meeting is very important taking account of the old situation of Middle East and also the situation of relationship between United States and China and all things. So we will concentrate the post stabilize the situation for today. Thank you.

[00:02:21]talk about extra budget in Japan. How do you Okay.

[00:03:49]Thank you for coming. Hi No, >> focus on policy measures that can ease the pain of the shock we are currently experiencing. and the conversation room is so very important to find the right path forward.

[00:04:26]Wish us good luck.

[00:04:28]>> Are you worried about bond markets at all?

[00:04:30]>> We we are seeing the developments in the bond market. What they indicate is that uh uh when oil prices hover above $100 uh and there is already impact of this war baked in uh inevitably uh there would be a response.

[00:04:53]uh very important that I want to stress that uh that there is a clear policy stance.

[00:05:05]Don't put in place measures that would make the situation uh worse.

[00:05:12]Thank you very much.

[00:05:18]Heat.

[00:05:20]Heat.

[00:05:37]Matches man.

[00:06:19]This is something Morning everyone.

[00:07:23]So very happy to be here in Paris.

[00:07:24]Obviously I'm the Canadian finance minister. Uh this is one of my many G7.

[00:07:30]So good to see the colleagues again. A lot on the agenda. uh imbalances uh the state of the world obviously the straight of war moves the situation uh how we can tackle that together I think we need to show unity ambition and I'm very confident in the French presidency uh to guide our discussions over the the next two days so it's great to be in Paris as always great to see the G7 colleagues and uh we'll certainly have more to see over the the next few days that's not Yeah.

[00:08:23]Heat.

[00:08:27]Heat up here.

[00:09:02]Madame Russ.

[00:09:20]Heat. Heat.

[00:09:56]Thank you guys. Thank you. See you very much.

[00:10:02]I know I know it was too many shots. Too many.

[00:10:32]You go in the middle.

[00:10:48]I like the pink color very much optimism >> and determination I didn't say I did well >> thank you very much guys see you upstairs Okay.

[00:11:35]Thank you guys. Thank you. Thank you.

[00:11:37]See you upstairs. There's coffee up there. Excellent. Thank you.

[00:12:02]Right, please.

[00:12:13]Thank you.

[00:12:14]>> Thank you. I see you upstairs. Thank you.

[00:12:16]>> See you upstairs. Mercu Heat up here.

[00:13:41]Heat.

[00:13:52]Heat.

[00:14:44]I know where we need more cooperation.

[00:14:46]Have a nice day. Thank you.

[00:15:32]We are meeting at a critical time where we are faced with numerous crisis and conflicts. Uh Russia continues for progression in Ukraine. conflict in the Middle East and Iran continues. So all those topics will be on our uh agenda.

[00:15:51]Uh as regards Ukraine, I will update the JSON partners on uh where we stand with 90 billion Ukraine support alone where we are making a global uh progress and uh uh finalizing all the necessary documents so that we can uh disperse in June, start dispersing in June. But obviously we expect also other G7 partners to contribute their share towards Ukraine financing and also pass the message that now is not the time to release sanctions pressure against Russia. means that we actually need to stay close and strengthen the pressure on the US on the Middle East Iran as a key is to put a quick end to the open for ships without another item which I will highlight on agenda is global economic imbalances which we'll be discussing in G7 plus format and where uh important uh is also uh seek uh meaningful engagement with other partners including uh in China.

[00:16:58]How do we address the world imbalances and we uh think that the work by international market provides a good starting point for those uh discussions and actions?

[00:17:12]Well uh from Europe we uh we do not command Heat. Heat.

[00:17:30]Heat. Heat.

[00:17:52]Thank you guys. Okay, one more. Sure.

[00:17:59]Okay.

[00:18:44]You see Okay, looking good.

[00:19:29]We know we should rest.

[00:19:47]You say yog I guess it's important to have this meeting. I think we have a lot to discuss very complicated times, a lot of issues also from a central frame perspective. So I expect a lot from these discussions.

[00:20:32]>> Are you concerned demonstrate?

[00:20:34]>> Sorry, excuse me.

[00:20:35]>> How can the GC demonstrate that is not worse.

[00:20:39]>> I think G7, this is my experience so far, is still working and we have a good discussions over the past couple of years and so I expect the same working attitude for for this meeting.

[00:20:55]>> Are you concerned about the go the bond market selloff?

[00:20:58]>> Sorry.

[00:20:59]>> Are you concerned about the bond market selloff?

[00:21:01]>> Well, let's see. As always, when you are as a central banker, you are concerned about market developments and how things evolve over the next couple of of weeks and months. But but up till now, we can do a lot to more or less do everything to calm the markets and give positive, let me say momentum in a way that we have these discussions here. Thank you very much. Bye-bye. Bye-bye. Thank you.

[00:21:58]Hey, how are you?

[00:22:05]>> It's good. It's good. It's great.

[00:22:10]So, let's come here. Come here. Right in the middle.

[00:22:24]All right. Thank you.

[00:22:26]>> Great. Thank you very much. See you here. See you in a minute.

[00:23:01]That's my first We're covering all angles. All angles.

[00:23:27]>> See upstairs.

[00:25:53]here. He will play.

[00:26:02]Thank you. Thank you. See your upstairs.

[00:26:06]Good to see you.

[00:28:09]for hosting and the friends for hosting the G7. We come in at an important time.

[00:28:15]We're here to discuss the global economy, global imbalances, uh critical minerals, terror financing. I'm just back from Beijing with President Trump for a very successful visit where we talked uh the geopolitics trade and the leader spent a great time a great deal of time together. Tomorrow we will also be discussing uh sanctions and terror finance and we call upon all of our G7 and indeed the uh all of our allies and the rest of the world to follow the sanctions regime so that we can crack down on the illicit finance that is fueling the Iranian war machine and get this money back to the Iranian people.

[00:28:57]So thank you all.

[00:29:46]here with a nice weather.

[00:29:49]>> Yeah, this is good.

[00:29:56]You play I see Thank you guys. Thank you. Good to see you. There's coffee upstairs. Good. I'll see you in 5 minutes.

[00:30:48]I show this video.

[00:31:05]Oh, you're worried about market for for >> what? What do you do you understand what she said?

[00:31:15]>> No.

[00:31:16]>> No. So, education from your side French American English?

[00:31:21]>> Yes. In English, please. What are your expectations?

[00:31:24]>> Expectation for for the United where I used to live. I'm graduate of national.

[00:31:35]So you you don't understand French.

[00:31:37]>> Yes.

[00:31:37]>> Okay. So I am graduate of the traditional French school of the government.

[00:31:44]>> So I returned to France after some 10 years. I'm very lucky here. This meeting is very important taking account of the old situation of Middle East and also the situation of relationships between United States and China and all states. So we will contemplate the post stabilizer situation for today. Thank you.

[00:33:27]brush. Okay.

[00:34:00]focus on >> and another item which I would highlight on agenda is global economic imbalances which we'll be discussing in G7 plus format and where uh important uh is also uh seeking uh meaningful engagement with other partners including uh in China.

[00:34:20]How do we address the world imbalances and we uh think that the work by international market provides a good starting point for those uh discussions and markets?

[00:34:34]Well, uh from European Commission, we uh we do not command market.

[00:34:52]Heat. Heat.

[00:35:14]Thank you guys. Okay, one more. Sure.

[00:35:21]Okay.

[00:36:06]PLC.

[00:36:24]Okay. Yeah.

[00:36:51]>> We all know how Nothing.

[00:37:10]No.

[00:37:40]I mean I guess it's important to have this meeting. I think we have a lot to discuss very complicated times a lot of issues also from a central frame perspective. So I expect a lot from these discussions. How can the G7 demonstrate? Sorry, excuse me.

[00:37:57]>> How can the G7 demonstrate that model still works?

[00:38:01]>> I think G7, this is my experience so far is still working and we have a good discussions over the past couple of years and so I expect the same working attitude for for this meeting.

[00:38:17]>> Are you concerned about the go the bond market sell off?

[00:38:20]>> Sorry, excuse me.

[00:38:21]>> Are you concerned about the bond market selloff? Well, let's see. As always, when you are as a central banker, you are concerned about market developments and how things evolve over the next couple of of weeks and months. But, but up till now, we can do a lot to more or less do everything to calm the markets and give positive, let me say, momentum in a way that we have these discussions here. Thank you very much. Bye-bye.

[00:38:48]Bye-bye. Thank you.

[00:39:20]Hey.

[00:39:22]How are you?

[00:39:27]>> It's good. It's good. It's great.

[00:39:32]>> So, let's come here. Come here. Right in the middle.

[00:39:43]Appreciate it.

[00:39:43]>> Thank you.

[00:39:46]>> All right. Thank you.

[00:39:48]>> Great. Thank you very much. Here. See you in a minute.

[00:39:55]Great to be here.

[00:40:24]That's my first We're covering all angles. All >> angles.

[00:40:49]>> See you upstairs.

[00:43:14]Yes.

[00:43:24]Thank you. Thank you. Good to see you upstairs. Good to see you.

[00:45:31]for hosting and the friends for hosting the G7. We come in at an important time.

[00:45:37]We're here to discuss the global economy, global imbalances, critical minerals, terror financing. I'm just back from Beijing with President Trump for a very successful visit where we talked uh the geopolitics trade and the leader spent a great time a great deal of time together. Tomorrow we'll also be discussing uh sanctions and terror finance. And we call upon all of our G7 and indeed the uh all of our allies and the rest of the world to follow the sanctions regime so that we can crack down on the illicit finance that is fueling the Iranian war machine and get this money back to the Iranian people. So thank you all.

[00:47:08]here with the nice weather.

[00:47:11]>> Yeah, this is good to keep you. I see. Make sure I see Thank you guys. Thank you. Good to see you. There's coffee upstairs. Good. I'll see you in 5 minutes.

[00:48:10]I show this video.

[00:48:27]Oh, you're worried about the bull market for for >> what? What do you do? Do you understand what she said?

[00:48:37]>> No.

[00:48:38]>> No. So, education from your side.

[00:48:41]French, >> American, English.

[00:48:43]>> Yes. In English, please. What are your expectations?

[00:48:46]>> Expectation for for this is the place where I used to live.

[00:48:52]I'm graduate of national you don't understand French.

[00:48:59]>> Yes.

[00:48:59]>> Okay.

[00:49:00]>> So I am graduate of the traditional French school of the government.

[00:49:06]>> So I return to France after some 10 years. I'm very lucky here. This meeting is very important taking account of the old situation of Middle East and also the situation of relationship between United States and China and all things. So we will contemplate the stabilizing situation for today. Thank you.

[00:50:49]brush. Okay.

[00:51:22]focus on policy measures that can ease the pain of the shock we are currently experiencing. And the conversation room is so very important.