View from the summit: what did the G7 achieve?

17 Jun 2026 · 23 min · 11 chapters

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In short

The episode of The Economist Intelligence has three segments. First, “View from the summit: what did the G7 achieve?” (Evian, France) focuses on whether the G7 is a “talking shop” amid crises.

Guest

Sophie Pedder, Paris bureau chief (The Economist).

Key claims

the summit’s official economic agenda was overshadowed by Ukraine, Iran/Israel, and the Strait of Hormuz; organizers’ main objective was keeping Donald Trump engaged on site; the late communique was “more encouraging than expected,” with Trump backing continued aid to Ukraine and agreeing to strengthen sanctions on Russia; Trump is “upbeat” about an Iran memorandum of understanding (details unknown) and said the ceasefire would extend 60 days.

Notable examples

Zelensky meetings arranged to keep Trump engaged; Trump criticized Netanyahu over Lebanon/Hezbollah; tech lunch included Sam Altman and Dario Amodei.

Second segment

sex work in Japan.

Guest

Moeka Iida, East Asia reporter (The Economist). Background: reports on Japan’s sex trade and regulation debates.

Key claims

scrutiny intensified after a trafficking case involving a 12-year-old Thai girl and rising street prostitution visibility around Okubo Park; debate includes Nordic model vs legalization/regulation; Japan likely won’t overhaul indoor industry enforcement.

Notable examples

“soap plants” used as a loophole; Mai (34), a single mother who shifted from hospital work to sex work/delivery health work, earns about 30,000 yen for two hours.

Third segment

British magazine Country Life.

Guest

Catherine Nixey, Britain correspondent (The Economist). Background: profiles the magazine’s history and cultural role.

Key claims

Country Life is an “institution” with a nostalgic, upper-class worldview that persists despite being criticized as out of touch.

Notable examples

covers during major crises (COVID, Ukraine, Iran war) and its “posh porn” opening; 40,000 weekly buyers; editor Mark Hedges argues trees/blossom/sun matter most.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

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Setting the Scene for the G7 Summit

0:00 to 0:10

An overview of the G7 Summit and its significance amidst global crises.

“Taxes aren't something you can only think about once a year.”

Setting the Scene for the G7 Summit

0:44 to 1:40

An overview of the G7 Summit and its significance amidst global crises.

“The Economist Hello and welcome to The Intelligence from The Economist.”

Impact of Trump at the G7

1:40 to 2:48

Discussion on Donald Trump's influence and expectations at the summit.

“This year's tranquil setting, the sunlit gardens of the Hotel Royale, is somewhat at odds with the rather more stormy global climate.”

Geopolitical Focus of the Summit

2:48 to 4:10

Key topics at the G7 including Ukraine and the Iran deal.

“Their main objective was to keep Trump on site, to keep him in France.”

Trump's Remarks on Israel and Lebanon

4:10 to 6:00

Analysis of Trump's unexpected comments on Israel's actions in Lebanon.

“He even agreed in this communique to strengthen sanctions on Russia.”

Support for Ukraine and G7 Dynamics

6:00 to 8:00

Details on the G7's support for Ukraine and the dynamics among leaders.

“those who tended to be more supportive of Israel.”

Global Issues Beyond Geopolitics

8:00 to 9:10

Exploration of discussions on global health and tech at the summit.

“There's been some talk about drug trafficking.”

Macron's Hosting Performance

9:10 to 10:40

Evaluation of Macron's effectiveness as host of the G7 Summit.

“And what's your assessment ultimately, Sophie?”

Introduction to Sex Work in Japan

10:40 to 14:00

The story of a woman in the sex industry and the surrounding societal debate.

“I'm sitting inside a cafe in Tokyo with a woman called Mai.”

Japan's Sex Tourism Debate

14:00 to 17:48

Explore Japan's sex tourism issues and the ongoing legal reforms regarding sex work.

“So the weak yen has been luring a lot of tourists to the country.”
Show all 11 chapters

The Influence of Country Life Magazine

17:49 to 23:14

Delve into the cultural significance and critique of Britain's Country Life magazine.

“Mureka, thank you very much for talking to me.”
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Transcript

Automatic transcript. May contain errors.

0:00This message comes from Jackson. Taxes aren't something you can only think about once a year. With investments, planning for tax days year-round. Fortunately, Jackson offers tax-efficient products. Visit jackson.com for more information on how our products can make your tax bill a little bit less painful. Jackson is short for Jackson Financial Incorporated, Jackson National Life Insurance Company, Lansing, Michigan, and Jackson National Life Insurance Company of New York. Purchase New York. Because you didn't just say, how can I provide these investments? You'd be, how do I holistically provide everything?

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0:44The Economist

0:50Hello and welcome to The Intelligence from The Economist. I'm Rosie Bloor.

0:59Today on the show, sex work in Japan and the surprising success of British magazine Country Life.

1:15But first...

1:23On the banks of Lake Geneva, in a town famous for its bottled water, the G7 political summit has been taking place in Evian. Everything has been shut down to make space for this annual meeting, where leaders of some of the world's wealthiest democracies come together. This year's tranquil setting, the sunlit gardens of the Hotel Royale, is somewhat at odds with the rather more stormy global climate. And it's a tough crowd. Last year, when the meeting took place in Canada, Donald Trump left a day early. President Trump is coming back tonight from the G7 summit in Canada, citing the conflict in the Middle East as the reason.

2:01This time, French President Emmanuel Macron is hosting. Hello, how are you? Hello.

2:07Sophie Pedder:Bienvenue à tous. The need for frank discussion and partnership has rarely seemed more pressing. The question is whether the G7 is merely a talking shop or whether getting leaders together could actually be precisely what everyone needed to do. It's a G7 that's been very much dominated by crises, geopolitical crises, the war in the Middle East, Ukraine. Sophie Pedder is our Paris bureau chief. But it's also about Donald Trump. He's dominated all conversations as almost every time he's been at a G7. In fact, the French shifted the date to accommodate his birthday party and celebrations. And as a result, I think they went into the G7 with pretty low expectations.

2:52Sophie Pedder:Their main objective was to keep Trump on site, to keep him in France. And so far, they've managed that. And I think the mood is more optimistic than was expected. So just set that scene for us. It comes at an extraordinary moment, this summit. How has the mood been? Well, nervous on the French side, obviously, because of what the stakes are. It's been intense. And I think that what the summit organisers have felt is that, you know, keeping Trump involved in discussions, engaging him with Zelensky has been absolutely essential. One can feel that sort of tension of trying to make sure that at the time they are demanding enough with Trump, but they keep him on board with a sort of sense of engaging him.

3:32And what have they managed to achieve?

3:34Sophie Pedder:Well, the official topic for the summit was global economic imbalances, a lot of concern about the surge of Chinese exports, how to sustain growth in that kind of a global environment. But what's really dominated inevitably have been the geopolitical questions, Ukraine and the Iran-America war and what is happening in the Strait of Hormuz. I think that the communique that was issued very late last night was more encouraging than people had expected. There was a sense that Donald Trump has supported the idea of keeping up aid to Ukraine. He even agreed in this communique to strengthen sanctions on Russia.

4:14Sophie Pedder:Now, that's quite a strong statement to sign up to for the Americans at this point. That's all been prompted, obviously, by the fall in oil prices. but it is something that the G7 leaders are pretty pleased to have got from Donald Trump. But communiques are worth what they are and you know the leaders will leave the summit later on today I think waiting to see if any of this is followed up with real sort of concrete decisions. Sophie going into this all eyes were on the Iran deal what has Trump said about that? Well he's obviously very upbeat about it we still don't know what's in this memorandum of understanding.

4:49Sophie Pedder:It will be signed, he said, on Friday in Geneva. It is something that he says is going to be strong, that Iran won't have nuclear capabilities. The one thing that's happening that's of note, frankly, the only thing that really matters to me, is Iran will never have a nuclear weapon. And that the next phase of negotiations with Iran will be easier. But there is no knowledge of the detail of that deal at all. He said at one point that he would read it out, but that remains to be seen. He said that the Strait of Omuz is already open. The ceasefire will be extended for another 60 days while the negotiations for the final agreement take place.

5:26Sophie Pedder:But all the details remain to be seen. And there's a fair amount of scepticism about what actually this deal contains, given that nobody has seen it, certainly not the other leaders at the G7. One of the things that was quite interesting, I thought, was Trump's comments about Israel and about Netanyahu, he was surprisingly critical, saying he was not happy with the way that Israel's handled itself with regard to Lebanon and Hezbollah. So this is, you know, harsher language than we've learned to expect from Trump towards Netanyahu in particular. There was also harsher language from the other European leaders for that matter, who I think have been equally frustrated, those who tended to be more supportive of Israel.

6:07Sophie Pedder:So Lebanon is something that Trump has been very focused on. It's dominated quite a lot of discussions during the G7. He even suggested at one point that Syria might do a better job dealing with Hezbollah than Israel has, which was quite a statement. And you've mentioned Ukraine already, but what news is there of support there? Well, in the communique that the G7 leaders issued, they do all commit to unwavering support for Ukraine. I have unanimity from all the leaders and EU presidents. Now, that again is interesting. There were a lot of discussions yesterday with Zelensky. He turned up and President Emmanuel Macron, who is hosting the summit, was very careful to make sure that Trump and Zelensky could have a bilateral together.

6:51Sophie Pedder:That was a very important thing to have arranged, I think. There was also discussion with all the G7 leaders. There were discussions with Macron present as well as Trump and Zelensky. There was this sort of informal choreography of getting Trump to make sure that he heard the other leaders in a very direct way, but also that he spoke to Zelensky. And that did happen. The Europeans support Ukraine financially almost entirely at the moment, but they do still require American support for things like intelligence. So they want to keep America engaged, and they've been very concerned that the whole war with Iran has just distracted American attention completely from Ukraine.

7:26Sophie Pedder:So better to have them engaged. The Europeans need them, but also a sense that they don't want the Americans to grab hold of this issue again and go above their heads. So it's been a delicate balancing act on that front. It sounds like geopolitics has really derailed this summit and that's what it's all been about. Have they had time for other discussions? A little bit, yes. In fact, the French have invited a number of other countries to attend. The leaders of Kenya, Brazil, South Korea and India. Modi has been there as well. I think that one of the points has been to talk about, you know, global south.

8:00Sophie Pedder:Obviously, Ebola has come up. There's been some talk about drug trafficking. There's been talk about the fight against cancer, a number of other issues. And in fact, today there's an interesting discussion because there's a tech lunch with a couple of the big tech leaders. So Sam Altman is there. Dario Amadei is there as well. So we've got a sense that the whole issue with Anthropic and what to do about regulating tech, I think that is going to be a really interesting discussion today. Whether it gets anywhere is another question. And of course, this was Macron's swan song as host. How did he do?

8:34Sophie Pedder:Well, I think, you know, he's arranged a very nice location. When Trump arrived, he got out of his car and he said, everything is very nice. And that sort of comment you want when you're hosting a summit. Trump has been on site. He is going to be treated to a gala dinner at the Palace of Versailles. All of that is an attempt to make sure that this one works. So I think from the French side, they feel that it's so far been successful. But, you know, with always with these summits, I mean, it's a moment for showcasing your country. It's a moment for looking like a global leader, a global statesman.

9:06Sophie Pedder:But at the end of it all, it depends whether any of this is followed up. And we've seen Trump commit to things one day and then uncommit the next day. And what's your assessment ultimately, Sophie? Is the G7 still relevant? Well, I think there's always a frustration that you have these communiques that are signed up to by the leaders, that they are always the fruit of sort of compromise and that after that, everyone goes away and gets on with things, businesses as before. The one thing I do think I think it's interesting and useful is for these leaders to be by themselves and have informal discussions, you know, one on ones.

9:39Sophie Pedder:A lot of them were talking with each other in different parts of the gardens of the hotel. There are very few formats and events when they really can do that without the presence of advisors, without the presence of a much more formal declaration. So in that sense, it can be useful. And I think there is a feeling, certainly on the French side, that that has been the real value of this summit, especially with having Zelensky there and being able to have those sort of conversations with Trump, Zelensky and others about how to move forward on Ukraine and opening the Strait of Hormuz. Sophie, thank you so much for talking to me.

10:13It's always a pleasure. Thanks, Rosie.

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10:54I'm sitting inside a cafe in Tokyo with a woman called Mai. Mai is 34 years old. She's a single mother. For around a decade, she used to work at a hospital. During COVID, she started to find her work too stressful. She also wasn't very happy with the pay.

11:17A few years ago, she decided to enter the sex industry. Moeka Iida is our East Asia reporter. First, she started working as a porn actress and now works as a deriheru, or delivery health worker. It's Japanese slang to describe cool girls who visit clients at hotels or at their homes. For a two-hour session, she earns 30 ,000 yen, or roughly$200. That's pretty good pay for a woman like Mai who doesn't have a college degree. And Mai is far from alone. There are hundreds of thousands of women like her in the country. The sex trade is estimated to be a multi-billion dollar industry. And it's long been part of male social life.

12:03One study found that nearly half of Japanese men have paid for sex at some point, compared with 11 % in Britain. But recently, sex work in Japan has come under scrutiny.

12:17Morika, as you say, there's nothing new about prostitution, nothing new about prostitution in Japan. So why is it coming under scrutiny now? What's happening? I think there were two recent triggers. So one had to do with a horrible crime. So at the end of last year, there was sensational news about a 12-year-old Thai girl who was trafficked to Japan and was forced to have sex with men at a brothel in Tokyo. That sparked a lot of outrage. And another has to do with the growing visibility of street prostitution in Tokyo. So a lot of the sex trade in Japan happens behind closed doors. Mai finds her clients on social media and then visits them at hotels.

12:58But recently there's been growing visibility of women standing outside in the streets and selling sex. So there's a park called Okuba Park in Tokyo around Tokyo's red light district, which has become a notorious pickup spot. And this has been a thing since around COVID. I've walked around this area myself and at its peak a few years ago, you will see rows of young women, usually wearing short skirts, standing on the streets and they're waiting for someone to pick them up. So it is quite a scene and photos and videos of these women have circulated online and sparked a lot of public debate. So what is the debate actually on?

13:36Who's having the debate? I think people associate street prostitution as something that happens in poor countries. So online, there were a lot of people commenting on these pictures of women on Cuba Park saying, I can't believe this is happening in Japan or this feels like something that would happen in a developing country. And I think this is linked to anxieties about the economy and the country. And also people have noticed that a lot of the customers walking around Okubo Park are foreigners. So the weak yen has been luring a lot of tourists to the country. There's also been a rise in sex tourism linked to that.

14:11I saw a video of Kamiya Sohe, who's the leader of the right-wing Sanseito party, saying this is truly lamentable. And I think behind this, there's a sense of wounded pride. So during Japan's boom period in the 1970s and 80s, a lot of Japanese men or salarymen traveled abroad, especially to Southeast Asia, to buy sex there. Now that Japan's economy is in decline, people from abroad, wealthy foreigners are coming to the country. So this topic has been discussed on social media, and it's also been picked up by an opposition party who confronted Prime Minister Takeuchi about this. And she has the Justice Ministry to act and consider revising the country's prostitution laws.

14:54What are they actually considering? What are their options? They're currently debating revising a law called the Prostitution Prevention Law, which was established in the 1950s under the American occupation. The current law contains a lot of disparities. So women selling sex are subject to punishment, but strangely, buyers of sex are not subject to punishments. So the Justice Ministry is currently talking about making these people stand on a more equal footing, so introducing some punishment for the buyers. But I think this discussion has also sparked some broader debates about how to regulate sex in the country.

15:29And it's interesting how feminists in the country are also very divided. Some feminists in Japan would like the country to adopt the Nordic model, which was first introduced in Sweden and later adopted by countries like France. So the Nordic model criminalizes buying sex, but decriminalizes or protects women who are engaged in the trade. The idea is to punish the demand side and reduce demand to eventually get rid of sex trade. But there are also people with different views. So some people say that criminalization only pushes those trade underground. Some people call for the sex workers work model.

16:06they point to what countries like Germany or Netherlands has done, which is legalizing and regulating the sex trade or possibly decriminalizing it like they have done in New Zealand. And is it likely that Japan will end up with a clear reform model? I think a big rethink of the system is pretty unlikely. And what I've also learned is that Japan's approach to sex work has often been about moral policing or keeping vice out of public view. So the reason why the indoor sex industry is able to exist is because the laws themselves are very vague and selectively enforced. To bring up a very famous example, there are popular establishments in Japan called soap plants, which is places where clients officially pay to take a bath and they get served by women.

16:55People say these people paid for the bath, but they're not paying for the sex. And it just happens that these two people, the client and the woman, fell in love and decided to have sex out of their own volition. So everyone knows these things happen, but they go along with it. So where is Japan likely to end up on this? And where will that leave those who work in prostitution like Mai, who you met? So I think what's going to happen is women standing in Okuba Park are going to get arrested or detained or will fade away. But women like Mai are going to keep seeing their clients at hotels or at their homes.

17:29So I do think the current debate has started a conversation in Japan about how to regulate the sex trade, but I see very little appetite by authorities to really dig deep into the indoor sex industry, which I mentioned is a multi-billion dollar industry. And I think that trade is going to keep going on under the shadows. Mureka, thank you very much for talking to me. Thank you so much for having me, Rosie.

18:13It was late March 2026. The war in Iran was raging. Donald Trump, who was also raging, had threatened to destroy Iran's power plants. Newspapers across the world raced to cover this. Not country life.

18:32Catherine Nixie is a Britain correspondent for The Economist. This British magazine instead offered a cover with two lovely lambs on it, and inside, a feature on the chickens that lay our favourite eggs. It was similarly off news for the outbreak of the COVID-19 pandemic. Then, its cover had a lovely picture of a thatched cottage, and of the Ukraine war. It offered a lovely picture of the coast. The Second World War was admittedly marginally more newsy. On September the 16th, 1939, the magazine offered, Golf, the game in wartime.

19:13Britain offers two kinds of country life. There is country life, the simple act of living in the country. Then there is country life, an uppercase, upper-class magazine that is related to country living. It features a lot of cows and sheep. To cover this, I spent a jolly morning chasing sheep around a field with a farmer. The photographer, who I got the impression had chased a few too many sheep around country fields with farmers, didn't bother. He said, we're never going to get them and stayed in the corner. He was quite right. Country Life the magazine is quite like Country Life, the thing. It's also very different.

19:54It features a lot of country houses and croquet lawns. Country life is less a mere publication than an institution. British novelists satirise it. British landmarks are sold in it. In 1915, Stonehenge was flogged in it for£6 ,600, which is just over£600 ,000 in today's money. British royalty reads it. Charles is a fan. And the other British royal family, the Beckhams, rather like it too. David apparently reads it from cover to cover each week. It is, like the royals, surprisingly popular. 40 ,000 buy it every week. It is also, like the royals, odd. Each issue opens with posh porn, images of grand houses that are newly on market.

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20:37They tend to have things like lovely mobs. And in its frontispiece feature, images of grand girls. They tend to have lovely smiles. Its title implies a physical location. In truth, country life speaks to a spiritual one. It represents an England of country piles and tennis and tea on the lawn. An England that is declining but not yet fallen. An England that is, in short, keen to read articles with titles like How do you make an 18th century stately home fit for a 21st century family?

21:13Some find it irksome. It has been described as rural porn for the rich, while its frontispiece has been called sexist and laughably old-fashioned. Not holy without cause. Each week, the Girls in Pearls offers pictures of lovely girls in poses, and often in pearls, next to hay bales, horses and other English erotica. The accusation that they are posh has some foundation. Many of them were called Harriet. One is now Queen. A survey of the 2007-11 girls found that almost a quarter had attended Cheltenham Ladies College, a school that is precisely as posh as it sounds. Its critics say that the magazine remains hopelessly out of touch, whereas other papers cover issues like gun crime.

21:58Country Life offers instead the Cotswolds issue. It does cover some serious things. It has led on fly-tipping, and it covers art and architecture with similar seriousness. And it goes to very great lengths for cover shots of cows.

22:15But it's not really that surprising. Britain is an urban nation, but its favourite poems invariably feature things like daffodils. The National Trust is the country's largest charity. Elysium in England is rural. And besides, the magazine's focus on fields is not just frivolity, it's also philosophy. People remember Covid as terrible, but that spring as wonderful. I spoke to the magazine's editor, Mark Hedges, and he told me that trees, blossom and sun are not trivial. They are what actually affects most people's lives. And besides, looking at pictures of country houses and of sheep in fields isn't that trivial either.

22:55It's really rather lovely. For when summer is here, it is indeed time for mayonnaise and for reading articles about how to eat it with asparagus and for looking at pictures of lovely sheep in lovely fields.

23:13Come on.

23:30That's all for this episode of The Intelligence. See you back here tomorrow.

23:41Thank you.

From the publisher

Geopolitics has dominated this year’s G7 political meeting in Evian, France. Donald Trump offered scant detail on the Iran peace deal but leaders promised to boost support for Ukraine. Though prostitution in Japan has a long history, recent scandals have drawn it into the spotlight. And Britain’s Country Life magazine has a winning formula: ignore the news. 


Guests and host:


  • Sophie Pedder, Paris bureau chief
  • Moeka Iida, East Asia reporter
  • Catherine Nixey, Britain correspondent
  • Rosie Blau, host of “The Intelligence”


Topics covered: 


  • G7, Donald Trump, Iran, Ukraine
  • Prostitution, Japan, sex work
  • Country Life, publishing, Britain


Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+


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