The UK pressed fellow G7 members on Friday to tackle the global fallout from the coronavirus pandemic.
It also urged action on climate change and digital taxation, as it outlined its priorities for the elite economic body.
Finance minister Rishi Sunak and Bank of England governor Andrew Bailey hosted their counterparts from Canada, France, Germany, Italy, Japan and the United States at an online conference in a lead-up to a summit in Britain later this year.
The G7's first gathering since Joe Biden became US president included Treasury Secretary Janet Yellen, who made a clear break with the former administration of Donald Trump.
The G7 must ensure that international financial institutions have the right tools to equip and enable vulnerable countries to respond to the pandemic
"Secretary Yellen emphasised the commitment of the Biden administration to multilateralism to solve global issues," the US Treasury Department said.
Washington "places a high priority on deepening our international engagement and strengthening our alliances", it added, as the new administration attempts to move past four years of Mr Trump's "America First" agenda.
Britain's finance ministry said the talks involved an exchange of views about the best way to bounce back from the impact of Covid-19.
"The G7 must ensure that international financial institutions have the right tools to equip and enable vulnerable countries to respond to the pandemic," it said.
A French source told AFP that the world's leading economies would consider whether to use the International Monetary Fund to mobilise $500 billion in coronavirus aid to the poorest nations.
Mr Sunak said there was a "moral, health and economic case for rapid and fair vaccine distribution across the world", given fears of growing "vaccine nationalism" and rows over supplies.
The G7 should "take the lead in shaping support for vulnerable countries in 2021", his office said.
G7 leaders including Mr Biden are due to meet at a seaside retreat in Cornwall in south-west England on June 11-13, after last year's meeting in the US was shelved because of the pandemic.
Climate to be centre of agenda at COP26
Britain is also hosting the COP26 UN conference on climate change in the Scottish city of Glasgow in November, with hopes of fresh commitments towards targets for net-zero carbon emissions.
Mr Sunak urged his counterparts "to make climate and nature considerations a central part of all economic and financial decision-making in 2021", according to his office.
He also "stressed the importance of working together to support a smooth and effective transition of the group's economies to net-zero carbon emissions."
Britain took on the rotating G7 presidency last month with hopes for greater US co-operation after Mr Biden restored the US to the Paris climate accord and the World Health Organisation in a series of executive of orders.
His first 17 presidential orders can be read here.
Ms Yellen also repeated the need for further fiscal support "to promote a robust and lasting [economic] recovery", with Washington locked in partisan bickering over a fresh stimulus package.
What sanctions would be reimposed?
Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:
- An arms embargo
- A ban on uranium enrichment and reprocessing
- A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
- A targeted global asset freeze and travel ban on Iranian individuals and entities
- Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
House-hunting
Top 10 locations for inquiries from US house hunters, according to Rightmove
- Edinburgh, Scotland
- Westminster, London
- Camden, London
- Glasgow, Scotland
- Islington, London
- Kensington and Chelsea, London
- Highlands, Scotland
- Argyll and Bute, Scotland
- Fife, Scotland
- Tower Hamlets, London
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
Match info
Uefa Champions League Group H
Juventus v Valencia, Tuesday, midnight (UAE)
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
UAE%20SQUAD
%3Cp%3E%0DJemma%20Eley%2C%20Maria%20Michailidou%2C%20Molly%20Fuller%2C%20Chloe%20Andrews%20(of%20Dubai%20College)%2C%20Eliza%20Petricola%2C%20Holly%20Guerin%2C%20Yasmin%20Craig%2C%20Caitlin%20Gowdy%20(Dubai%20English%20Speaking%20College)%2C%20Claire%20Janssen%2C%20Cristiana%20Morall%20(Jumeirah%20English%20Speaking%20School)%2C%20Tessa%20Mies%20(Jebel%20Ali%20School)%2C%20Mila%20Morgan%20(Cranleigh%20Abu%20Dhabi).%3C%2Fp%3E%0A
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Mountain%20Boy
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Zainab%20Shaheen%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Naser%20Al%20Messabi%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3C%2Fstrong%3E%3A%203%2F5%3C%2Fp%3E%0A
WHAT%20MACRO%20FACTORS%20ARE%20IMPACTING%20META%20TECH%20MARKETS%3F
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More on animal trafficking
