Joe Biden and Olaf Scholz on the first day of the Group of Seven (G-7) leaders summit, June 26. Bloomberg News Group of Seven leaders will commit to providing indefinite support to Ukraine for its defense against Russia’s invasion, according to the text of a draft statement from their summit in Bavaria. “We will continue to provide financial, humanitarian, military and diplomatic support and stand with Ukraine for as long as it takes,” the text of a draft statement seen by Bloomberg said. The wording is important because members of the alliance are concerned about the war dragging on and some, including Germany and France, have hinted that they may be more open to the idea of a negotiated cease-fire. The G-7 leaders are also weighing the possibility of using revenues from tariffs on imports from Russia to support Ukraine, according to the document. Earlier, leaders discussed how to […]