SQUAWK BOX, THURSDAY 10TH JUNE, 2021

We are live in Falmouth, Cornwall for the G-7 summit where leaders are set to meet. U.S. President Biden and UK Prime Minister Johnson are to re-hash the Atlantic Charter - a WW2-era Churchillian pact between the two countries – to strengthen trade, travel and technology ties. G-7 nations are hoping to use the meeting to pledge a billion Covid vaccines to distribute globally with the U.S. to provide more than half of the doses. We hear exclusively from Goldman Sachs CFO Stephen Scherr who says markets may well feel the heat should rates rise to address inflation. In tech news, President Biden revokes a Trump-era executive order banning Chinese-owned social media apps. He has, however, ordered a security review of the software which could yet bolster the legislation.