Topic: Group of Seven
Stock prices in Europe fall sharply after G7 finance ministers fail to come up with new measures. Bank stock prices, in particular, tumble over concerns of spreading euro debt crisis.
09/12/2011 09:58 am
Today is the first day that most stock exchanges have been open since ratings agency Standard & Poor's announced its US credit downgrade from a AAA rating to AA+. Here’s how world markets have responded so far:
08/08/2011 01:33 pm
A better-than-expected US jobs report helped abate selling pressures on Wall Street. But Europe's debt problems are pressuring EU officials to act.
08/05/2011 11:44 am
China has surpassed the US as the world's largest creditor. Beijing must now take on the accompanying leadership role. Instead of a 'Marshall Plan,' why not a 'Hu Jintao plan' that recycles some of China's surplus to benefit the whole global system?
06/28/2011 11:11 am
Christine Lagarde is the right choice to replace Dominique Strauss-Kahn as head of the IMF, and not just because of her experience. Women are more effective communicators and aren't libido-led leaders, like Anthony Weiner.
06/09/2011 01:34 pm
Sarkozy, Obama, and the other leaders at the G8 should be evaluating the policies that have brought them to the brink of financial ruin. Unfortunately, their attention will be elsewhere: on Internet regulation, for one thing.
05/25/2011 04:12 pm
G-20, a group of financial leaders from 20 of the world's biggest economies, meets in Washington to discuss challenges facing the global economy. The G-20 talks are focusing on how to prevent imbalances in trade and government debt.
04/15/2011 01:37 pm
Global politics, a weak US dollar, and the price of gold are among the factors contributing to high oil prices
04/13/2011 11:24 am
The Bangladeshi government's treatment of Muhammad Yunus, the Nobel Peace Prize winner who has lifted millions out of poverty with his micro-lending program, is shameful. And it does nothing to help the poor.
04/08/2011 11:58 am
Just as perseverance helped the Japanese cope with the nuclear crisis, earthquake, and tsunami, other qualities can help them in the recovery phase.
03/23/2011 03:05 pm