STORY: Even before the start of the G7 summit at Schloss Elmau, Chancellor Olaf Scholz received Joe Biden for bilateral talks. Scholz and the US President want to discuss the range of topics with the other participants from the most important Western industrialized countries before the meeting. The US President praised Scholz and the close partnership with Germany. He stressed that the G7 will stand together in the face of Russia’s war against Ukraine. Scholz spoke of a “strong message”. Biden added that Russian President Vladimir Putin had miscalculated because he expected a split in the Western camp after the attack on Ukraine. The US President thanked Scholz several times for his work since taking office, without giving details. Biden spoke of the need to tackle economic challenges together. The G7 would have to clarify, for example, whether they want to follow a US proposal to support a price cap for the purchase of Russian oil. Scholz, on the other hand, is looking for American support for his idea of an international climate club, with which he wants to achieve better comparability of climate protection measures in individual countries with those of the EU.
Source: Stern

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