Biden meeting with G7 nations on economic crisis, conflict with Russia

WASHINGTON – Skyrocketing gas prices. Surging food costs. Markets in freefall.

The international financial crisis will be front and center as President Joe Biden meets with leaders of some of the world’s most advanced economies this weekend in the Bavarian Alps.

Rich nations that make up the Group of Seven, or G7, will band together in an attempt to stabilize the global economy while maintaining and potentially increasing punitive actions on Russia over its war in Ukraine.