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International Organizations G7

  • Statistics Canada said it will begin tallying the production and sale of cannabis both before and after it is legalized in July 2018 to get a clear picture of its impact on the economy. Canada will become the first G7 country to legalize recreational pot use next year. Statistics Canada said that while it is not yet able to estimate how much illegal activity...

  • WASHINGTON, Oct 13- Japan does not meet the U.S. definition of a currency manipulator because it has not conducted big, long-term currency interventions, a senior Japanese finance ministry official said on Friday. The official also said G20 and G7 finance leaders did not discuss exchange-rate moves at their meetings on the sidelines of the International...

  • It is rare for G7 finance leaders to disclose they had met on the sidelines of a G20 gathering, which was a show of resolve among advanced economies to boost pressure on North Korea in the wake of its recent provocations, said Masatsugu Asakawa, Japan's vice finance minister for international affairs. The U.N. Security Council voted unanimously in September to...

  • WASHINGTON, Oct 12- Group of Seven finance leaders agreed to cooperate in taking appropriate action against North Korean attempts to avert U.N. sanctions, a senior Japanese finance ministry official said on Thursday. It is rare for G7 finance leaders to disclose the fact they met on the sidelines of a G20 gathering, which was a show of resolve among the advanced...

  • OTTAWA, Sept 29- Canadian economic growth slowed to a halt in July, hit by a decline in manufacturing and oil extraction and giving the central bank room to take its time to further raise interest rates. The Bank of Canada raised interest rates in July and September after the country's economy posted the fastest growth of the Group of Seven major economies in the...

  • OTTAWA, Sept 29- The Canadian economy paused in July on declines in oil extraction and the manufacturing sector, Statistics Canada said on Friday, suggesting the recent strong pace of growth moderated at the start of the third quarter. While a solid economic performance in the first half of the year has put Canada at the top of the G7 pack and prompted the Bank of...

  • Canada's economy grew at its best pace in nearly six years in the second quarter amid robust consumer spending and energy exports, raising expectations another interest rate hike could come as early as next week. Canada has emerged as the fastest growing economy of any country in the G7 group of major developed economies. While consumers continued to prop up...

  • Canada's economy grew at its best pace in nearly six years in the second quarter amid robust consumer spending and energy exports, raising expectations another interest rate hike could come as early as next week. Canada has emerged as the fastest growing economy of any country in the G7 group of major developed economies. While consumers continued to prop up...

  • BOLOGNA, Italy June 11- Differences between the United States and other leading economies over climate change remain wide and are not likely to narrow, environment ministers from G7 countries said on Sunday. President Donald Trump said he would withdraw the United States from the Paris Climate Agreement, drawing condemnation from other world leaders.

  • BOLOGNA, Italy June 11- Differences between the United States and other leading economies over climate change remain wide and are not likely to narrow, environment ministers from G7 countries said on Sunday. President Donald Trump said he would withdraw the United States from the Paris Climate Agreement, drawing condemnation from other world leaders.

  • BOLOGNA, Italy, June 11- Differences between the United States and other leading economies over climate change remain wide and are destined to stay that way, Italy's environment minister Gian Luca Galletti said on Sunday, as Washington's environment chief left a Group of Seven meeting a day early. "Positions over the Paris accord are far apart... and will remain...

  • BOLOGNA, Italy June 11- Differences between the United States and other leading economies over climate change remain wide and are destined to stay that way, Italy's environment minister Gian Luca Galletti said on Sunday. "Positions over the Paris accord are far apart... and will remain like that," Galletti said on the sidelines of a meeting of G7 environment...

  • Trump tells NATO allies they need to spend more on defense

    During his first summit with international leaders, Trump said other countries are not paying their fair share for NATO defense.

  • LONDON, May 29- Lower-rated southern European government bond prices fell on Monday after German Chancellor Angela Merkel warned of worsening relations between Europe and some of its allies, in particular the United States and Britain. Merkel said on Sunday that Europe could no longer completely rely on some nations, pointing to bruising meetings of the G7...

  • MUNICH, May 28- Europe can no longer completely rely on its allies, German Chancellor Angela Merkel said on Sunday, pointing to bruising meetings of G7 wealthy nations and NATO last week. President Donald Trump, who criticised major NATO allies and refused to endorse a global climate change accord, but she told a packed beer tent in Munich that the days when Europe...

  • German automakers a Trump target?

    CNBC's Phil LeBeau reports on President Trump's comments about stopping German car sales in the U.S. while at the G7 Summit.

  • Trump's inflammatory trade talk is antithetical to the G7: Expert

    Benn Steil, Council on Foreign Relations director of international economics, and Jared Bernstein, CNBC contributor and former economic advisor to Vice President Joe Biden, discuss President Trump's trade rhetoric during the G7 Summit.

  • G7 leaders brace for clash with Trump on trade

    CNBC's Willem Marx reports the latest details on President Trump's trip with G7 counterparts at a summit in Sicily, Italy.

  • 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.