G7
International Organization
FACTBOX-Global interest rates in 2009...from an improving economy. As a result the average rate set by 11 leading central banks -- the five that decide monetary policy for the G7 nations plus six other major banks -- rose to 1.03 percent from 1.01 percent. Also in October,... In this article: Czech National Bank, Swiss National Bank, Bank Indonesia, People's Bank of China, Norges Bank, National Bank of Ukraine, Bank of Korea, and Reserve Bank of India |
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National Post | 3 days ago
Welcome to Iqaluit, G7 -- in February
Theophilos Argitis, Bloomberg Published: Wednesday, November 18, 2009 Bloomberg Top finance officials from the G7 countries will meet in the remote Arctic town of Iqaluit on Feb. 5-6 but may not issue a communique, Finance Minister Jim...
In this article: Martin Frobisher, Canada, David Phillips, Environment Canada, Dog, and Jim Flaherty
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Reuters | 3 days ago
FACTBOX: OECD: Non-G7 European countries economic outlook
...growth would remain modest for some time as unemployment rose. The following is a synopsis of the OECD's views of European non-G7 economies in its twice-yearly economic outlook: AUSTRIA Stronger exports and public stimulus policies...
In this article: Unemployment, Recession, Revenue, Inflation, Deflation, Norway, and Eastern Europe
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thestar.com | 3 days ago
Is G20 more than Toronto can handle?
Hundreds of police officers create a human wall during the G7 financial summit. (June 19, 1988) With the federal government musing about relocating next June's Group of 20 summit to Toronto from Muskoka, downtown could be flooded with road...
In this article: Toronto and Jim Flaherty
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National Post | 4 days ago
Welcome to Iqaluit, G7 -- in February
Theophilos Argitis, Bloomberg Published: Wednesday, November 18, 2009 Bloomberg Top finance officials from the G7 countries will meet in the remote Arctic town of Iqaluit on Feb. 5-6 but may not issue a communique, Finance Minister Jim...
In this article: Martin Frobisher, David Phillips, Canada, Environment Canada, Dog, and Jim Flaherty
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Reuters | 4 days ago
UPDATE 1-Canada to host G7 finance officials in Arctic
Adds details throughout) Top finance officials from the G7 countries will meet in the remote Arctic town of Iqaluit on Feb 5-6 but may not issue a communique, Finance Minister Jim Flaherty said on Wednesday. Finance ministers and central...
In this article: Jim Flaherty, Canada, G8, and International Monetary Fund
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Reuters | 7 days ago
UPDATE 3-ECB's Noyer: price stability should remain main goal
...be extremely helpful that exchange rates would reflect the productivity levels of the different countries. That is the reason why in the G7 we have ... called for the necessary flexibility in the evolution of exchange rates between the...
In this article: Bank of Japan, Dominique Strauss-Kahn, United States, Recession, Inflation, World War Two, Bank of France, and Masaaki Shirakawa
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Description from Wikipedia:
The G7 (also known as the G-7) is the meeting of the finance ministers from a group of seven industrialized nations. It was formed in 1976, when Canada joined the Group of Six: France, Germany, Italy, Japan, United Kingdom, and United States.
The finance ministers of these countries meet several times a year to discuss economic policies. Their work is supported by regular, functional meetings of officials, including the G7 Finance Deputies.
It is not to be confused with the G8, which is the annual meeting of the heads of government of the aforementioned nations, plus Russia.
The G7 held a meeting on April 11, 2008, in Washington D.C., met again on October 10, 2008, in Washington D.C., and then met again on February 14, 2009, in Rome, to discuss the global financial crisis of 2007-2009. The group of finance ministers has pledged to take "all necessary steps" to help stem the crisis. Japanese Finance Minister ShÅichi Nakagawa's behavior at a press conference for the latter meeting, where he allegedly behaved as if intoxicated, was the subject of criticism from the Japanese and international press.
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