German chancellor Merkel and others speaking after Day 1 of G7 summit 26 May 2016

  • G7 leaders discussed global economic uncertainty

Phew that's a relief. I thought they were there to pick the wish-list for Southend's Summer signings.

  • showing a certain amount of growth but risks remain
  • too early to lift sanctions on Russia

Obama:

  • Greek debt crisis has eased but still a lot of economic work to do
  • G7 talked about need for countries to be flexible in following own strategies for economic growth
  • need to sustain economic growth in US, starting to see progress in Europe
  • G7 leaders surprised that Trump is Republican nominee-elect and are rattled by him

Abe:

  • G7 shared view that world economy faces big risks

One big unhappy family eh?