OTTAWA, Jan 19- Canada's record-high household debt levels, which have been a source of concern for the central bank and other policymakers, will only get worse this year, the country's parliamentary budget watchdog warned on Tuesday. "Among G7 countries, Canada has experienced the largest increase in household debt relative to income since 2000," the report by...
LONDON, Dec 3- Britain said it had become the first Group of Seven economy to sign off on the rules of a China- backed development bank for Asia, which is seen by the United States as an unwelcome rival to Western-led institutions such as the World Bank. "This caps a tremendous year for the UK's economic relations with Asia, the fastest growing region of the world...
BERLIN, Nov 18- The Group of Seven industrial nations plan to tighten the regulation of digital currencies such as bitcoin, which they suspect Islamic State is using to move funds secretly, the German magazine Der Spiegel reported on Wednesday. Stung by last week's Paris attacks, which Islamic State has claimed, the G7 finance ministers discussed the regulation...
LONDON, Oct 27- LONDON, Oct 27- British economic growth slowed more than expected in the three months to September after the biggest fall in construction in three years, raising the chances that a period of rapid economic growth is coming to an end. Britain's economy was the fastest growing in the G7 group of advanced economies in 2013 and 2014, as it caught up some of...
World leaders have wrapped up a G-7 summit in Germany, with a stronger stance on climate change, among a wide range of issues. CNBC's Carolin Roth reports.
"This problem is not going to go away—it is going to accelerate," President Obama said of attacks on U.S. computer systems.
President Barack Obama notes the strong job growth in the U.S. private sector and the declining U.S. unemployment rates. Also, Obama weighs in on how sanctions have impacted Russia's economy.
CNBC's Carolin Roth gives a behind the scenes look at the G-7 meeting in Bavaria.
Canadian Prime Minister, Stephen Harper, tells CNBC that Russia's economy is dominated by oligarchs and criminal syndicates, who don't share western interests.
Canadian Prime Minister, Stephen Harper, says President Putin has been more provocative than ever, giving no reason for the west to lessen sanctions on Russia.
Group of Seven leaders meet on Sunday in the Bavarian Alps for a summit overshadowed by Greece's debt crisis and ongoing violence in Ukraine.
Even beyond talk of a "June swoon," an unusual number of major events makes this month a critical time for markets.
On the second day of a three-day summit in Dresden, Greece's unresolved crisis remain a key concern among G7 finance ministers. CNBC's Steve Sedgwick reports.
Coast guard scientists are investigating mysterious balls of tar washing ashore in Los Angeles County, and Teva will pay a $1.2 billion settlement, reports CNBC's Sharon Epperson.
Joe Oliver, finance minister of Canada, tells CNBC that countries must take critical steps to improve growth, with particular comment on the Greek crisis.
Christian Schulz, senior economist at Berenberg Bank, explains why this week's meeting of finance ministers from the world's largest developed economies will be a non-event for markets.
Matthew Spivack, Middle East and North Africa analyst at Frontier Strategy Group, explains why Iran is a promising market to enter.
The G-7 leaders say they are ready to further intensify sanctions against Russia if they do not deescalate in regards to Ukraine, reports CNBC's Steve Liesman.
CNBC's John Harwood discusses President Obama's POW trade for U.S. Army Sergeant Bowe Bergdahl.
Colleen Graffy, former U.S. State department official, comments on the West's sanctions on Russia and France¿s sale of a warship to Russia.