"The World Is On Fire": Merkel Warns Of Unprecedented Disasgreement At G7 Summit

Following last weekend's G-7 meeting for the world's most important finance ministers and central bankers in Whistler, Canada, at which the US was introducedas a "+1" to the G-6, and whose positioned was "condemned" by the rest of the Developed World, this week's G-7 showdown in Toronto where Trump will also be present, promises to be a historic event, one in which Chancellor Angela Merkel has vowed to challenge Donald Trump on trade and climate, and warned the lack of room for compromise means leaders may fail to agree on a final statement, an unprecedented event at a summit of the world's 7 most advanced nations.