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.
BANGKOK — Asian stocks markets were thrown into a tailspin Tuesday as flustered investors fearing a possible global recession continued to flee ...
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...
WASHINGTON -- Finance officials from major industrial countries, seeking to calm nervous global markets, pledged Sunday to increase cooperation on att...
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.
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...
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 ...
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.
Goldman Sachs's top economist has a message for countries struggling with ballooning deficits: steal a page from Canada's economic playbook. "Perha...
TORONTO — Canada on Tuesday became the first Group of Seven nation to raise interest rates since the global financial crisis, but said any furth...
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...
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...
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.
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.
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...
U.S. efforts to stimulate the economy with infrastructure projects are "ahead of schedule and under budget," President Barack Obama said on Monday, as...
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.
