This is a

is CBS I on the world. Here's John Bachelor

The G7 meeting in southern Italy condemning the People's Republic of China for supplying war material,

dual use and otherwise to support the Russian war effort in Ukraine, condemned the G7 demanding

that China cease.

I welcome Colonel Jeff McCausen, the United States Army Retard artillery men,

CBS News, visiting Professor Dickinson College CEO Diamond Six Leadership and Strategy.

The G7 doesn't have any particular firepower. It does, however, have the richest

nations on the earth absent China. And this condemnation is logical and to my understanding correct.

Will it come to anything Jeff on the battlefield?

Good evening to you.

Good to you, John. I think it certainly will in a couple of ways.

One is, of course, the G7 also approved a $50 billion loan to Ukraine.

And that loan is going to be paid back by using the interest on frozen Russian

assets which are primarily in Europe a couple hundred billion dollars worth of

assets which generate about three billion dollars annually interest, at least as an analyst

look at it right now. So it will certainly show its weight in that particular

regard. And second of all, of course, more and more pressure on the Chinese to stop them from providing at least

military technology or things like semiconductors like which are critical for

the Russian military machine.

And finally, in the course of that G7 meeting,

the United States signed a bilateral security agreement

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