Economic turmoil tests G7’s ability to deliver united response

Just six months in office, Olaf Scholz hosts Sunday’s G7 summit at a time of peril for the west, as soaring inflation, an energy crisis and the threat of recession test the wealthiest economies’ ability to deploy a co-ordinated response.

The meeting — also attended by the leaders of the US, UK, France, Italy, Japan and Canada — comes as economists across the world downgrade their growth forecasts and revise up their inflation…