Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Boris Johnson, the host and U.K. prime minister, waves at his G7 colleagues. Photo: Geoff Pugh - WPA Pool/Getty Images

The leaders of seven of the world’s most powerful democracies released a joint statement following their virtual summit on Friday, pledging to help low-income countries gain access to coronavirus vaccines and to “deliver a green transformation” by making environmentally conscious investments during the economic recovery.

What they're saying: The statement released after Biden's first international summit echoed many of his priorities, including making 2021 "a turning point for multilateralism."

Flashback: Multiple gatherings of the G7 and similar groups ended without joint statements during the Trump era, due to disagreements over issues like climate change and, in one instance, Trump's insistence that the coronavirus be labeled the "Wuhan virus."

Details: The most tangible commitments from the G7 leaders came in the form of donations to the global COVAX vaccine initiative.

Between the lines: One of Biden's top foreign policy priorities — bringing democratic allies together to compete with China — didn't feature explicitly in the statement from the G7, which includes Canada, France, Germany, Italy, Japan, the U.K. and the U.S., along with the EU.

  • But the leaders did vow to "champion open economies and societies" and "consult with each other on collective approaches to address non-market oriented policies and practices."

More from the statement:

  • "We will... strive to reach a consensus-based solution on international taxation by mid-2021 within the framework of the OECD."
  • The leaders also committed to reform the World Trade Organization to promote a "modernized, freer and fairer rules-based multilateral trading system."
  • In what appears to be a political gift to Japanese Prime Minister Yoshihide Suga, they offered support for Japan's commitment to hold the Tokyo Olympics this year.

Worth noting: The summit also revealed that world leaders are struggling with the same challenges as the general public in the Zoom era. Contending with background noise during his introductory remarks, U.K. Prime Minister Boris Johnson had to ask German Chancellor Angela Merkel to mute her microphone.

What's next: The leaders aim to meet in person in the U.K. in June.

Go deeper: Biden reaffirms commitment to NATO collective defense in first major speech to world leaders

Go deeper

Feb 19, 2021 - World

U.S. commits $4 billion to COVAX vaccine initiative

Biden. Photo: Kevin Dietsch/UPI/Bloomberg via Getty

The U.S. is committing $2 billion for the global COVAX vaccine initiative within days (using funds already allocated by Congress), plus an additional $2 billion over the next two years, the White House announced ahead of Friday's virtual G7 summit.

Why it matters: Senior administration officials told reporters Thursday evening that they'll use those commitments to "call on G7 partners Friday both to make good on the pledges that are already out there" and to make further investments in global vaccine manufacturing and distribution.

Feb 19, 2021 - World

What to make of the Biden administration's first overseas calls

Expand chart

Israeli Prime Minister Benjamin Netanyahu had to wait a month for a call from President Biden, and while Saudi Crown Prince Mohammed bin Salman got a call Thursday, it came not from Biden but from Defense Secretary Lloyd Austin.

The big picture: Biden, Austin, Secretary of State Tony Blinken, Treasury Secretary Janet Yellen and national security adviser Jake Sullivan have together called officials from at least 43 countries, with Blinken alone calling 39 (there’s considerable overlap between their call lists).

Feb 17, 2021 - World

Biden finally calls Netanyahu

Biden sits with Israeli Prime Minister Benjamin Netanyahu before a dinner at the prime minister's residence in 2010, in Jerusalem, Israel. Photo: Pool/Getty Images

President Joe Biden spoke on the phone today with Israeli Prime Minister Benjamin Netanyahu, one month after taking office.

Why it matters: In recent weeks, the White House faced questions over Biden’s decision to call the leaders of a dozen allies and world powers before calling Netanyahu. 

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!