Sanctions are in place and tensions remain high as G-7 leaders meet to discuss Russia's power grab in the Ukraine and the possibility of relaxing current gas export rules to the EU from the U.S., reports CNBC's Annette Weisbach.» Read More
WASHINGTON, April 11- A group of the world's leading rich nations will support increasing sanctions against Russia if Moscow escalates the crisis in Ukraine, U.S. The G7 includes the United States, Canada, France, Germany, Italy, Japan and Great Britain.
TORONTO— Canada's prime minister has announced a state funeral for former longtime finance minister Jim Flaherty. He spent eight years in the role, the longest-serving finance minister among the Group of Seven leading industrial economies. Prime Minister Stephen Harper's office said the funeral will take place Wednesday in Toronto.
WASHINGTON, April 10- Top finance officials from the Group of Seven developed nations said they discussed Ukraine's financing needs and the international response at an informal meeting on Thursday. "This included a discussion of the situation in Ukraine, its financing needs and the international response."
April 9- Finance ministers from the Group of Seven industrialized nations will meet on Thursday in Washington to discuss the global economy and the situation in Ukraine, sources said.
President Barack Obama and major industrialised allies warned Russia on Monday it faced damaging economic sanctions if President Vladimir Putin takes further action to destabilise Ukraine following the seizure of Crimea.
*G7 to warn Russia of tougher sanctions if Ukraine crisis escalates. President Barack Obama conferred with major industrialised allies in the Group of Seven on Monday on how to pressure Russia over its seizure of Crimea after Ukraine told its remaining troops to leave the region for their own safety.
*G7 to warn Russia of tougher sanctions if Ukraine crisis escalates. President Barack Obama sought support from European allies and China on Monday to isolate Russia over its seizure of Crimea, and Ukraine told its remaining troops to leave the region after Russian forces overran one of Kiev's last bases there.
*Russia tightens grip on Crimea. *Sanctions against Russia, G8 summit in Sochi on agenda.
OTTAWA, March 4- The Group of Seven leading industrialized nations are discussing whether to hold a meeting in the near future, Canadian Prime Minister Stephen Harper said on Tuesday, a move that would pointedly exclude Russia. Harper, who did not give further details, has been particularly critical of Russia over the actions of its armed forces in Ukraine.
OTTAWA, March 4- The Group of Seven leading industrialized nations are discussing whether to hold a meeting in the near future, Canadian Prime Minister Stephen Harper said on Tuesday, a move that would pointedly exclude Russia. The G7 became the G8 in 1998 when Russia was formally included.
WASHINGTON, March 3- Washington is weighing an array of economic weapons to penalise Russia for its armed intervention in Ukraine, from asset freezes to expelling Moscow from the G8 group of states, but may find Europe more reluctant to resort quickly to sanctions.
WASHINGTON, March 3- The United States has a number of economic weapons to punish Russia for its military intervention in Ukraine, ranging from asset freezes to kicking Moscow out of the exclusive G8 group of countries, and President Barack Obama is focusing first on measures that would not require congressional action.
WASHINGTON, March 2- Finance ministers from the Group of Seven rich nations on Sunday pledged to throw a financial lifeline to Ukraine as long as the new government in Kiev agreed to pursue economic reforms sought by the International Monetary Fund.
WASHINGTON, March 2- Finance ministers from the Group of Seven developed nations said on Sunday they were prepared to provide "strong financial backing to Ukraine" and that support from the International Monetary Fund will be critical in unlocking other aid.
G7 FINANCE MINISTERS SAY COMMITTED TO MOBILIZE RAPID TECHNICAL ASSISTANCE TO UKRAINE.
G7 FINANCE MINISTERS SAY IMF SUPPORT FOR UKRAINE WILL BE CRITICAL IN UNLOCKING ASSISTANCE FROM WORLD BANK, OTHER INSTITUTIONS, EU AND BILATERAL SOURCES.
G7 FINANCE MINISTERS SAY IMF IS INSTITUTION BEST PREPARED TO HELP UKRAINE ADDRESS ECONOMIC CHALLENGES.
G7 FINANCE MINISTERS SAY UNITED IN COMMITMENT TO PROVIDE STRONG FINANCIAL BACKING TO UKRAINE- JOINT STATEMENT.
Finance Minister Jim Flaherty is eager to eliminate the government's relatively small budget deficit and restore the reputation Canada had before the financial crisis as having the strongest fiscal record in the Group of Seven major economies.
LONDON, Dec 11- Leading countries set a goal of finding a cure or effective treatment for dementia by 2025 on Wednesday and ministers said the world needed to fight the spread of the memory-robbing condition just as it fought AIDS.