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Pope meets Jimmy Fallon and 105 other comics at Vatican

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Pope Francis recently met with over 100 comedians from around the world, including notable figures like Jimmy Fallon, Chris Rock, and Whoopi Goldberg, at the Vatican in Rome. The Pope highlighted the unique ability of comedians to “spread serenity and smiles” in a world filled with “many social and personal emergencies.” He emphasized that laughter is contagious and unites people.

During the event, held just hours before the Pope’s expected arrival in Puglia for the G7 summit, he praised the comedians’ talent for making people laugh. He noted that it’s possible to joke about God without offending religious sentiments, stating, “You can also laugh at God, of course, and that’s not blasphemy.”

According to US media reports, Jimmy Fallon entertained the crowd before the event began but was quickly asked to sit as the Pope was about to enter. Other notable attendees included Chris Rock, Silvio Orlando from Italy, British comedian Stephen Merchant, Whoopi Goldberg, and Julia Louis-Dreyfus.

This cultural gathering marked a prelude to the Pope’s participation in the G7 summit, a first for the leader of the Catholic Church. At the summit, the 87-year-old pontiff plans to call for global regulation of AI, citing its potential threats to ethics and human rights.

In his address to the comedians, Pope Francis acknowledged the current global climate of conflict-laden communication and commended the comedians for their ability to bridge diverse realities. “How much we need to learn from you,” he remarked. After the audience, the Pope briefly interacted with each comedian, though some conversations were hampered by language barriers. Conan O’Brien humorously noted that his interaction was brief and in Italian, leaving him unsure of what was said but still enjoying the experience.

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G7 to Use Frozen Russian Assets for $50 Billion Ukraine Loan

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The G7 has agreed to utilize frozen Russian assets to raise $50 billion (£39 billion) for Ukraine to aid in its defense against Russian forces. President Joe Biden emphasized this decision as a signal to Russia that the support for Ukraine remains steadfast. However, Moscow has warned of “extremely painful” retaliatory actions. The funds, anticipated to be available by the end of the year, are intended to support Ukraine’s war effort and economic stability in the long term.

At the G7 summit in Italy, Ukrainian President Volodymyr Zelensky and Biden signed a 10-year bilateral security agreement between the US and Ukraine, which Ukraine hailed as “historic.” This agreement involves US military and training aid but does not commit US troops to combat. It aims to enhance Ukraine’s defense capabilities, support its defense industry, and aid in economic and energy recovery. It also stipulates consultations at the highest levels in case of future Russian attacks on Ukraine to decide necessary support measures.

Separately, about $325 billion in Russian assets were frozen by the G7 and the EU following Russia’s 2022 invasion of Ukraine. These assets generate approximately $3 billion annually in interest. The G7 plan involves using this interest to cover the annual interest on a $50 billion loan for Ukraine, sourced from international markets.

President Biden, at the summit in Puglia, Italy, reiterated that the $50 billion loan would support Ukraine and send a strong message to Russian President Vladimir Putin. Zelensky expressed gratitude for the continued support from the US and other allies, calling the security deal with the US the strongest since Ukraine’s independence in 1991. Other G7 leaders, including UK Prime Minister Rishi Sunak, praised the loan deal as transformative.

The $50 billion loan compares significantly with the $61 billion in US military aid agreed upon in May. A senior White House official noted the loan would support various needs, including military, budget, humanitarian, and reconstruction efforts. While the frozen funds’ interest is seen as a symbolic victory for Ukraine, some in Kyiv had hoped for the release of the entire $300 billion frozen fund. However, the European Central Bank opposed this, citing risks to international order.

The funds from the loan will not immediately impact the war, as they are expected later in the year. Ukraine continues to seek more immediate military aid, such as air defense systems and F-16 fighter jets, which could start arriving in the summer. Zelensky mentioned that the new security agreement includes US shipments of these aircraft.

The loan arrangement symbolizes a significant move where Russia’s frozen assets are repurposed to support Ukraine’s defense. Although this marks a turning point, it is unlikely to change Russia’s stance on the war. Most of the frozen Russian central bank assets are in Belgium, and international law prevents their direct confiscation for Ukraine’s benefit. Russia has condemned the West’s actions as criminal and has hinted at severe retaliatory measures. European investors have around €33 billion stuck in Russia, complicating the situation further.

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Italy’s Meloni basks in G7 limelight with Western leaders

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Two contrasting accommodation options were presented for the G7 summit in Puglia, Italy: the luxurious Borgo Egnazia resort, known for hosting celebrities like Madonna and the Beckhams, and a deteriorating ship moored off Brindisi for the 2,600 police officers, criticized for its appalling conditions. The resort houses world leaders, while the ship, costing the Italian government €6m and now under fraud investigation, exemplifies the disparity in treatment.

Italian Prime Minister Giorgia Meloni, buoyed by her party’s success in the European elections, hosts the summit, highlighting Italy’s newfound political stability compared to other G7 nations facing political turmoil. Meloni’s government is portrayed as the strongest amidst leaders like Biden, Sunak, and Trudeau, who are struggling domestically.

Low expectations surround the summit due to the precarious political climate in many G7 countries. However, a significant plan to loan Ukraine $50bn from frozen Russian assets is anticipated. Additionally, Sunak will announce substantial support for Ukraine’s energy and humanitarian needs.

Sessions will address the climate crisis, investment in Africa, the Middle East ceasefire, and AI regulation, with Pope Francis attending for the first time. Efforts to broaden global consensus include inviting leaders from Brazil, Turkey, Saudi Arabia, and Algeria. Locals in Puglia, like ice-cream maker Vincenzo Iannacone, express pride and excitement for the summit, hoping it brings positive attention to their region.

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