G7
International Organization
Labour under fire after US growth...business. Sterling rose against both the dollar and the euro on the foreign exchanges. The US becomes the fourth G7 country after Germany, Japan and France to emerge from recession amid evidence that the Obama administration's financial... In this article: United States, Recession, Labour, Gordon Brown, UK, Timothy Geithner, Washington, and Small business |
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The Sun | October 29, 2009
US officially out of recession
...in consumer spending and a rebound in construction. It means that Britain and Italy are the only two countries within the G7 to still be mired in the longest downturn in history. Shock stats last week showed the UK economy continued to...
In this article: Recession, US, UK, Gordon Brown, Wall Street, and Italy
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Sydney Morning Herald - World | October 01, 2009
ECB chief warns strong dollar needed for stable growth
Group of Seven (G7) finance chiefs -- gathering Britain, Canada, France, Germany, Italy, Japan and the United States -- will meet October 3 in Istanbul ahead of annual meetings of the International Monetary Fund and World Bank. © 2009...
In this article: Jean-Claude Trichet, Europe, Recession, World Bank, International Monetary Fund, Japan, and Istanbul
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Telegraph.co.uk - Business | October 29, 2009
UK left behind as the United States climbs out of recession
...new economic leadership. " The UK now has a smaller economy than Italy, which is also expected to announce positive Q3 GDP figures next month, sealing Britain's fate as the final G7 country to recover. US President Barack Obama said...
In this article: Recession, United States, UK, Gordon Brown, Tim Congdon, George Osborne, Dow Jones Industrial Average, and Barack Obama
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G7 warns of 'fragile' recovery
...recovery, led by private demand, are not yet fully established," he said. The G7 countries are the United States, Japan, Germany, France, Britain, Canada and Italy. Its role has recently been overshadowed by the Group of 20, which includes...
In this article: Unemployment, International Monetary Fund, United States, Recession, Timothy Geithner, Christine Lagarde, World War II, and Federal Reserve
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US emerges from recession
...yet have the momentum to reduce unemployment. However, America's official emergence from recession means that of the major G7 economies, just Britain and Italy remain mired in the downturn. France, Germany and Japan all came out of...
In this article: Recession, Unemployment, US, World War II, Bank of Tokyo-Mitsubishi, Alistair Darling, Ben Bernanke, David Cameron, and Federal Reserve
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Sydney Morning Herald - Business | September 24, 2009
Old world fault lines evident as leaders meet
...bank chiefs following the Asian financial crisis. The idea was to help the G7 -- the United States, Japan, Germany, Britain, France, Italy and Canada -- talk with the wider world. The G8 is the G7 plus Russia. It meets at the level of...
In this article: International Monetary Fund, European Union, G8, Silvio Berlusconi, Gordon Brown, Financial crisis, World Bank, and Europe
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Yahoo! News | October 03, 2009
G7 grapples with exchange rates and own future (Reuters)
...from now on, he added. One G7 official, speaking on condition of anonymity, said Washington wanted to see the G7 supplanted by a Group of Four that would comprise the United States, Europe, Japan and China. A U.S. Treasury spokeswoman...
In this article: China, International Monetary Fund, Alistair Darling, Europe, Istanbul, United States, and Tax
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New world economic order takes shape
...bank chiefs following the Asian financial crisis. The idea was to help the G7 - the United States, Germany, Britain, France, Italy, Canada and Japan - talk with the wider world. Following are some of the implications of the...
In this article: International Monetary Fund, Barack Obama, United States, China, Europe, Recession, and World Bank
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Taipei Times | October 05, 2009
Head of World Bank optimistic about new economic order
...France, Italy and Canada - are over. Power has shifted to the G20, which includes the G7 plus a number of leading developing countries such as China, India, Mexico, Brazil and South Africa. John Hawksworth, head of macro-economics at...
In this article: World Bank, Robert Zoellick, IMF, Dominique Strauss-Kahn, US, Asia, PricewaterhouseCoopers, and HSBC
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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 Shōichi 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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