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International Organizations G7

  • TAORMINA, Italy, May 26- Talks between U.S. President Donald Trump and other leaders of the world's rich nations at the G7 summit on Friday were expected to be "robust" and "challenging" after he had lambasted NATO allies and condemned German trade policies a day earlier. Later, the leaders of Britain, Canada, France, Germany, Italy, Japan and the United States will hold...

  • *G7 leaders to hold two days of talks in Sicily. TAORMINA, Italy, May 26- Leaders of the world's rich nations braced for contentious talks with Donald Trump at a G7 summit in Sicily on Friday after the U.S. president lambasted NATO allies for not spending more on defence and accused Germany of "very bad" trade policies. The summit will kick off with a ceremony at an...

  • TAORMINA, Italy, May 26- U.S. Hosts Italy hope the luxurious, relaxed surroundings will give the rich-nation leaders a rare chance for wide-ranging debate on an array of international issues, including Syria, North Korea and the global economy. A senior Italian diplomat said Trump and the heads of Britain, Germany, France, Italy, Japan and Canada saw eye-to-eye on...

  • TAORMINA, Italy, May 25- U.S. President Donald Trump expects a tough debate over trade and climate change with other Group of Seven leaders at their forthcoming summit, White House economic adviser Gary Cohn said on Thursday. Trump and the leaders of Japan, Canada, Germany, France, Britain and Italy are due to hold two days of talks in Sicily, with the U.S. president...

  • LONDON, May 22- The euro hit a more than six-month high against the dollar on Monday after Germany's Angela Merkel prefaced a summit of G7 leaders later this week by saying a "too weak" currency was behind her country's massive trade surplus. Speaking to students at a secondary school in Berlin, Merkel said that Germany's huge export earnings were propelled by two...

  • LONDON, May 22- The euro hit a more than six-month high against the dollar on Monday after Germany's Angela Merkel prefaced a summit of G7 leaders later this week by saying a "too weak" currency was behind her country's massive trade surplus. Speaking to students at a secondary school in Berlin, Merkel said that Germany's huge export earnings were propelled by two...

  • LONDON, May 22- The euro hit a more than six-month high against the dollar on Monday after Germany's Angela Merkel prefaced a summit of G7 leaders later this week by saying a "too weak" currency was behind her country's massive trade surplus. Speaking to students at a secondary school in Berlin, Merkel said that Germany's huge export earnings were propelled by two...

  • LONDON, May 22- The euro hit a more than six-month high against the dollar on Monday after Germany's Angela Merkel prefaced a summit of G7 leaders later this week by saying a "too weak" currency was behind her country's massive trade surplus. Speaking to students at a secondary school in Berlin, Merkel said that Germany's huge export earnings were propelled by two...

  • TOKYO, May 21- Japanese Prime Minister Shinzo Abe said on Sunday that he wants to raise the issue of North Korean missile launches at the Group of Seven leaders' summit in Italy this month. "I would like to have a thorough discussion about this at the G7 summit," Abe told reporters after a meeting of the National Security Council. North Korea launched a ballistic...

  • *IMF: Europe must be clearer over debt relief for Greece. BARI, Italy, May 12- Finance chiefs from many of the world's leading rich nations pressed the United States on Friday not to break a decades-long global consensus in areas such as trade and financial regulation criticised by U.S. "We need a strong United States to lead the global economy and global politics in a...

  • BARI, Italy, May 12- G7 finance officials have raised concerns about risks to global growth from the Trump administration's policy proposals including tax reform, a senior U.S. Finance ministers from the Group of Seven- the United States, Canada, Japan, France, Germany, Italy and Britain- are holding two days of talks on the global economy, taxation and terrorist...

  • BARI, Italy, May 12- French finance minister Michel Sapin said he and other ministers from leading economies had told U.S. Sapin told reporters on the sidelines of a meeting of top finance officials from the Group of Seven economies on Friday that policies could be adjusted as the world economy changed. The G7 finance ministers and central bank governors meeting...

  • BARI, Italy, May 12- The International Monetary Fund and euro zone government lenders need more time to reach an agreement on debt relief for Greece because the euro zone is still not sufficiently clear in its intentions, IMF chief Christine Lagarde said on Friday. Top euro zone officials and Lagarde met on Friday on the sidelines of a G7 finance ministers meeting...

  • *IMF says Europe must be clearer over debt relief for Greece. BARI, Italy, May 12- Finance chiefs from some of the world's richest nations began a two-day meeting in Italy on Friday, with Europe, Japan and Canada hoping to come away with a clearer picture of U.S. "We need a strong United States to lead the global economy and global politics in a sustainable way," said German...

  • BARI, Italy, May 12- Bank of Japan Governor Haruhiko Kuroda said on Friday that trade protectionism won't be a solution to fix the problem of widening global inequality. Speaking to reporters ahead of a meeting of Group of Seven finance ministers and central bankers in the southern Italian city of Bari, Kuroda said a steadily recovering global economy is having a...

  • May 12- Gold prices held firm on Friday on political uncertainty in the United States, but were set for their fourth straight weekly loss due to expectations of an interest rate hike by the U.S. *President Donald Trump on Thursday ran into resistance for calling ousted FBI chief James Comey a "showboat." *Finance chiefs from the G7 begin a two-day meeting in Italy on...

  • *First session to focus on possible debt relief for Greece. BARI, Italy, May 12- Finance chiefs from the G7 begin a two-day meeting in Italy on Friday, with Europe, Japan and Canada hoping to come away with a clearer picture of U.S. At a meeting of the larger Group of 20 finance ministers in Germany in March, ministers dropped their traditional pledge to keep global free...

  • Tax reform top priority at G7

    CNBC's Ylan Mui reports from Italy at the G7 financial ministers' meeting on the debate around a border adjustment tax.

  • BARI, Italy, May 11- Top euro zone and International Monetary Fund officials will discuss debt relief for Greece early on Friday, on the sidelines of a meeting of G7 finance ministers and central bankers in the Italian city of Bari, officials said. The meeting is to help determine how euro zone lenders, who hold half of Greek public debt, should firm up their...

  • BARI, Italy, May 11- Italy's economy minister sought to reassure his U.S. counterpart about the state of Italian banks on Thursday, telling him he expected lenders' bad loans on their books to fall "quite rapidly", an Italian official said. Treasury Secretary Steven Mnuchin held talks on the sidelines of a meeting of the Group of Seven industrial economies in Bari,...