Topic: Group of Eight
WASHINGTON (Reuters) - It was fun while it lasted.After several strong quarters, the global economic recovery appears to be sputtering. In particular, the industrial sector, a key driver of the bounce-back from a historic worldwide recession, looks to be fraying."People need to ...
Government can learn how to come up with simple solutions to stop the decline in housing foreclosure, and provide more liquidity to assist businesses in alleviating the credit crisis. The US economic credit difficulties has triggered immense job cuts and forced millions ...
There are many indications that the global recession will cause a new world order in the near future. National governments have been meeting in secrecy for years to discuss the best way to 'sell' the populace on the idea of world government ...
It seems we have just?managed?to scrape out of the barrel of a global recession, and there is already talk of a double dip recession.There is a agreement between world leaders that we all need to cut our budget deficit, but even leading ...
World leaders agree to disagree on best economic strategy to focus on other issues at summitWorld leaders, facing serious differences over the best way to nurture a fragile global recovery, are agreeing to disagree in a variety of key areas.Even before the ...
US President Barack Obama hopes to return from the Group of Eight and Group of 20 meetings in Canada with new evidence that key powers will fulfill pledges to heal the global economy.At the G8 "rich nations club" Friday and Saturday in ...
Oil prices tumbled under 59 dollars on Friday on renewed demand concerns, as the IEA said signs of a strong rally in global economic growth and oil demand were fading.The International Energy Agency however added in its latest monthly report that there ...
Obama hails closing G-8 summit, calls it a productive session to confront difficult challengesPresident Barack Obama is hailing " candid and spirited discussions" at the G-8 summit, saying the world must come to grips with chronic problems like economic stagnation and climate ...
Roaring auto output pushed German industrial production higher in May by the biggest margin since August 1993, official data showed Wednesday, signaling the country's deep recession might be near an end.The economy ministry said overall output in Europe's biggest economy jumped by ...
Germany got a big boost Wednesday when the economy ministry reported that industrial output jumped by a 3.7 percent in May from the previous month, a sign the country's deep recession might be nearing an end. "Industrial production may have passed the ...