The G-7 Disappoints Again
The G-7 is fortunate that it is not required to justify the expenses of its meetings in terms of what is achieved. If it had to, its meetings would be more decisive and/or less frequent.
The G-7 is fortunate that it is not required to justify the expenses of its meetings in terms of what is achieved. If it had to, its meetings would be more decisive and/or less frequent.
AP | PAMELA SAMPSON and ROD McGUIRK | Posted 10.08.2011
BANGKOK — Asian stocks markets were thrown into a tailspin Tuesday as flustered investors fearing a possible global recession continued to flee ...
The Huffington Post | Alexander Eichler | Posted 10.07.2011
Markets in Asia, the Middle East and the South Pacific bore a modest retreat Sunday night as global investors reacted to a historic downgrade of the U...
AP | By MARTIN CRUTSINGER | Posted 10.07.2011
WASHINGTON -- Finance officials from major industrial countries, seeking to calm nervous global markets, pledged Sunday to increase cooperation on att...
Lucy P. Marcus | Posted 05.25.2011
Partly a consequence of the global financial crisis, unprecedented change in venture capital and the science sector is on the cards. And it has additional consequences too.
Bloomberg | Scott Hamilton | Posted 05.25.2011
The Group of Seven economies will be surpassed in size by the largest emerging markets in just over two decades as the financial crisis accelerates th...
AP | Posted 05.25.2011
PARIS — The U.S. economy will grow only 2.6 percent this year, less than the 3.2 percent previously forecast, an international agency predicted ...
Olivier Blanchard | Posted 05.25.2011
What advanced countries need is clarity of intent, an appropriate calibration of fiscal targets, and adequate structural reforms. With a little help from monetary policy, and from their (emerging market) friends.
Posted 05.25.2011
Goldman Sachs's top economist has a message for countries struggling with ballooning deficits: steal a page from Canada's economic playbook. "Perha...
AP | ROB GILLIES | Posted 05.25.2011
TORONTO — Canada on Tuesday became the first Group of Seven nation to raise interest rates since the global financial crisis, but said any furth...
AP | JANE WARDELL | Posted 05.25.2011
LONDON — Britain will host a meeting of finance officials from the Group of Seven nations on Jan. 25 to discuss measures to protect the public f...
Bloomberg | By Rainer Buergin and Simon Kennedy | Posted 05.25.2011
Group of Seven finance chiefs said they will meet less and issue fewer statements as the G-20 becomes the main arena for setting global economic polic...
Georges Ugeux | Posted 05.25.2011
This year, President Obama drove a very different agenda -- one focused on discussing how the world can form global governance and cooperate to stimulate the ailing economies.
Barry D. Wood | Posted 05.25.2011
In the span of just ten months, key developing countries have accomplished what they could not achieve in the previous half a century: They have shouldered aside the staid 7 nation club to take a seat at the table.
Wall Street Journal | DEBORAH SOLOMON | Posted 05.25.2011
Treasury Secretary Timothy Geithner said the world's economies are beginning to stabilize but cautioned that it is "too early" to say risks have reced...
Reuters | Posted 05.25.2011
U.S. efforts to stimulate the economy with infrastructure projects are "ahead of schedule and under budget," President Barack Obama said on Monday, as...
Sunil Chacko | Posted 05.25.2011
First the years-late call on the global food crisis. Now, Robert Zoellick, current World Bank president, has done it again on the international financial crisis.
Mohamed A. El-Erian | Posted 11.12.2011