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G7 leaders are shown standing on a stage with mountains in the background.
Image copyright: Reuters/Jonathan Ernst
Japanese Prime Minister Fumio Kishida speaks next to European Commission President Ursula von der Leyen, Canadian Prime Minister Justin Trudeau, German Chancellor Olaf Scholz, US President Joe Biden, Italian Prime Minister Mario Draghi and European Council President Charles Michel during the first day of the G7 leaders’ summit in Germany.

Here’s what you need to know

G7 nations will announce an import ban on Russian gold. So far, four of the seven countries have said they’ll join the ban (more below).

Japan warned of an energy shortage. Electric power supplies are expected to be near their capacity in Tokyo and eight nearby prefectures on Monday amid a heat wave.

Russian missiles hit Kyiv. A residential apartment block in Ukraine’s capital was attacked, killing at least one person and wounding six.

Five people were arrested in Hong Kong on sedition charges. The city is preparing to celebrate the 25th anniversary of the British handover and swear in a new government.

Shanghai declared victory against covid as cases in Dandong flared up. Disease control officials said there is no clear origin for most cases in the current wave.

Emergency aid started to arrive in Afghanistan after an earthquake killed at least 1,000 people. Coordinating international help has been a challenge for the Taliban.

Nike will report its earnings on Monday. Shares for the company, which is closing up shop in Russia, are down 36% so far this year.

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