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Leaders Scrap G8 Summit In Sochi

AP | JULIE PACE | Posted 03.25.2014 | World

THE HAGUE, Netherlands (AP) — Seeking to isolate Russia, the U.S. and Western allies declared Monday they are indefinitely cutting Moscow out of a m...

G7 Leaders Warn Russia On Crimea Referendum

AP | Posted 03.12.2014 | World

WASHINGTON (AP) — The Group of 7 world leaders say they won't recognize results of a referendum for the Crimea region to split from Ukraine and join...

G20: 'We Refuse To Enter Any Currency War'

Reuters | Posted 04.18.2013 | Business

* Underlines need to restore growth over cutting debts * Japan escapes criticism over currency policy * Communique harde...

IMF To Eurozone: Cut Greece And Spain Some Slack

Reuters | Posted 12.11.2012 | Business

* IMF endorses giving Greece more time to meet targets * Germany says ditching debt-cutting goals hurts confidence * Dev...

G7: In 'All Our Interests For Greece To Stay In Eurozone

Reuters | Posted 08.17.2012 | Business

WASHINGTON, June 17 (Reuters) - The Group of Seven industrialized economies said it was in "all our interests" for Greece to remain in the euro zone...

Emergency Conference Call To Be 'Germany Bashing Session'

Reuters | Posted 08.05.2012 | Business

BRUSSELS, June 5 (Reuters) - Germany is likely to come under severe pressure to do more to stimulate growth and help the euro zone on a conference c...

World Leaders To Hold Emergency Talks As Eurozone Crisis Flares Up

Reuters | Posted 08.04.2012 | Business

* Canada says G7 to hold conference call on euro zone * G7 source says concern about possible Spanish bank run ...

And You Thought The US Recovery Was Weak...

Reuters | Posted 05.28.2012 | Business

* Annualised G7 growth seen at 1.9 pct in Q1, Q2 * No rush for central banks to start tightening By Leigh Thomas ...

OECD Figures Indicate Economy's Future Continues To Darken

Posted 12.10.2011 | Business

(Vicky Buffery) - The outlook for the world's major economies is continuing to darken according to the latest data from the OECD published on Mond...

'We Are Witnessing A Growth Slowdown Across OECD Countries'

Posted 11.08.2011 | Business

(Leigh Thomas) - The outlook for economic growth in developed countries has got much worse in the last three months, the OECD said on Thursday and...

World Finance Leaders Call Emergency Meeting

AP | PAMELA SAMPSON | Posted 10.07.2011 | Business

BANGKOK — Asian stocks dropped sharply Monday as the first-ever downgrade of the U.S. government's credit rating jolted the global financial sys...

Global Economy's Expansion Will Comes Thanks To Emerging Powers: Poll

Posted 09.17.2011 | Business

The world economy should expand steadily this year and next thanks mainly to prospering emerging powers, a Reuters poll showed, but fiscal trouble...

OPEC: Talks Broke Down Because Of Economics, Not Politics

Posted 08.09.2011 | Business

VIENNA (Alex Lawler and Barbara Lewis) - Economics, rather than politics was behind the collapse of this week's OPEC talks and the group as a whol...

U.S. Dollar Hits Three-Year Low Against Other Currencies

Posted 06.21.2011 | Business

LONDON (Jessica Mortimer) - The dollar hit a three-year low against a basket of currencies on Thursday as strong corporate earnings buoyed risk ap...

U.S. Economy Growing Faster Than Rivals, But Creating Far Fewer Jobs

AP | PAUL WISEMAN | Posted 05.31.2011 | Business

WASHINGTON — The United States is out of step with the rest of the world's richest industrialized nations: Its economy is growing faster than th...

Libya Ceasefire, Yen Stabilization Help Stock Market Rally On Friday

Reuters | Al Yoon | Posted 05.25.2011 | Business

NEW YORK (Reuters) - Global stocks rose on Friday as traders took on riskier investments following a Libya ceasefire that reduced tension in the reg...

William Alden

Yen Intervention Resolves Immediate Crisis, But Japan's Economy Still Threatened

HuffingtonPost.com | William Alden | Posted 05.25.2011 | Business

The yen eased off its all-time high Friday as the world's major central banks lent their support, but Japan's economic troubles are far from over, exp...

NY Fed Decides To Intervene In Currency Markets

AP | Posted 05.25.2011 | Business

WASHINGTON — The New York Federal Reserve Bank confirmed that it intervened in currency markets on Friday for the first time in more than a decade. ...

G7 Financial Ministers Plan Emergency Meeting

REUTERS | Leika Kihara and Tetsushi Kajimoto | Posted 05.25.2011 | Business

TOKYO (Reuters) - Financial leaders of the world's richest countries will hold talks on Friday on ways to calm global markets roiled by Japan's nucl...

Dollar Close To Lowest Value Since WWII

AP | Posted 05.25.2011 | Business

NEW YORK — The dollar dropped to a record low against the yen late Wednesday as Japan's nuclear crisis deepened. Debt woes in Europe, tension in...

Beyond the G20: A World We Can Believe in

Deepak Chopra | Posted 05.25.2011 | World
Deepak Chopra

When the rich man's club of nations expanded from the G7 to the G20, a new element was added. Instead of being about money and trade, the G20 is about something else: aspiration.

SIMON JOHNSON The New Global Creditors And Instability

New York Times | Posted 05.25.2011 | Business

Most accounts of the ministerial meeting last weekend of the Group of 20 -- 19 nations plus the European Union, together representing the world's weal...

Can Brazil Save the World From War With Iran?

Robert Naiman | Posted 05.25.2011 | World
Robert Naiman

The enrichment of uranium by Iran is not a violation of the Nuclear Non-Proliferation Treaty, and it is generally acknowledged that the NPT gives Iran the right to enrich uranium.

Simon Johnson: U.K. Economy 'Faces Crisis', G7 Is 'Fundamentally Useless'

BBC | Posted 05.25.2011 | Business

Britain should be seen in the same category of countries as Greece and Spain, who are facing severe debt problems, a leading economist has said. Ex-I...

G-7 To Meet, Talk Less As G-20 Ascends: Officials

Bloomberg | By Rainer Buergin and Simon Kennedy | Posted 05.25.2011 | Business

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...