demanded that North Korea fully comply with U.
There was speculation that the rapid pace of the yen's fall on the back of the Bank of Japan's aggressive monetary easing might spark heated debate at the G-7
gathering, with the U.
countries are the United States, Japan, Germany, France, Britain, Italy and Canada.
The turmoil in global financial markets remains challenging and more protracted than we had anticipated,'' the G-7
financial chiefs said.
gathering also took place at a time when the global economy is recovering from the financial crisis on the strength of China and other emerging economies.
German Finance Minister Peer Steinbrueck said Tuesday the G-7
nations will discuss the issue.
The United States takes exception to allowing the G-7
to be extended to a member of the European Commission.
With regard to the yen, official statements and rumors of central bank intervention were seen as indicating general support within the G-7
for Japan's stated preference for a strong yen.
Ahmed Ali, ar esident of G-7
said from the last one month water was creating problems for the residents near Chinab market adjacent to G-7
WASHINGTON, June 5 (KUNA) -- President Barack Obama will hold a bilateral meeting with German Chancellor Angela Merkel in Germany on Sunday to review regional and global issues, then attend a G-7
meeting on the global economy followed by a G-7
meeting on trade, the White House announced on Friday.
Asked whether and how the G-7
meeting will take up the issue of the Chinese currency, Kan said to reporters in Tokyo, ''How far should we take up the topic at a place where the interested party, China, is absent?