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Major countries should support the dollar as the key international currency, although emerging nations may discuss a new global reserve currency on the sidelines of the G8 summit next week, a Japanese official said on Friday.
The dollar rose against major currencies Thursday after bleak U.S. jobs data renewed concerns about the economy and enhanced the greenback's safe-haven appeal.
Oil sold off Monday to settle near the $70 mark as the dollar rose, stocks fell, and a slew of global events put downward pressure on prices.
The dollar gained broadly Monday as Russia expressed confidence in the greenback as the world's reserve currency, while concerns about the euro zone economy undermined the euro.
The dollar rose Friday, rebounding from vicious selling earlier this week, while data showing a plunge in euro-zone industrial production highlighted economic weakness in the region and pushed the euro lower.
Billionaire Bill Gates and rock musician Bob Geldof have accused Italy and France of failing to follow up on promises to give more support to Africa.
An investigation into the Italian left-wing terrorist group the Red Brigades has led to the arrest of six people who Rome police say were plotting an attack on next month's G-8 summit.
Headlines proclaiming that G-20 activists and police are following each others' activities on Twitter, Facebook and other social networking sites may give one the impression that a new age of surveillance and political activism has dawned.
Teachers in the United States are contracted to work more hours than their counterparts in other Group of Eight countries, according to a report released Wednesday by the U.S. Department of Education.
The Group of Eight major industrial nations announced Wednesday they will hold a global summit
Major countries should support the dollar as the key international currency, although emerging nations may discuss a new global reserve currency on the sidelines of the G8 summit next week, a Japanese official said on Friday.
The dollar rose against major currencies Thursday after bleak U.S. jobs data renewed concerns about the economy and enhanced the greenback's safe-haven appeal.
Oil sold off Monday to settle near the $70 mark as the dollar rose, stocks fell, and a slew of global events put downward pressure on prices.
The dollar gained broadly Monday as Russia expressed confidence in the greenback as the world's reserve currency, while concerns about the euro zone economy undermined the euro.
The dollar rose Friday, rebounding from vicious selling earlier this week, while data showing a plunge in euro-zone industrial production highlighted economic weakness in the region and pushed the euro lower.
Billionaire Bill Gates and rock musician Bob Geldof have accused Italy and France of failing to follow up on promises to give more support to Africa.
An investigation into the Italian left-wing terrorist group the Red Brigades has led to the arrest of six people who Rome police say were plotting an attack on next month's G-8 summit.
Headlines proclaiming that G-20 activists and police are following each others' activities on Twitter, Facebook and other social networking sites may give one the impression that a new age of surveillance and political activism has dawned.
Teachers in the United States are contracted to work more hours than their counterparts in other Group of Eight countries, according to a report released Wednesday by the U.S. Department of Education.
The Group of Eight major industrial nations announced Wednesday they will hold a global summit
Organizations that have a role in the global financial system:
Congressional leaders Harry Reid and Nancy Pelosi urged President Bush Thursday to call an emergency meeting with the G8 to address international financial instability.
Leaders of the world's major economies pledged to combat climate change Wednesday -- but they did not set specific targets for reductions in greenhouse-gas emissions.
President Bush on Wednesday hailed the move by G-8 leaders to coalesce behind a global climate-change strategy, claiming "significant progress"
Oil prices extended a post-July 4th descent Tuesday - falling more than $9 a barrel over two days - as Iran's president downplayed concerns about possible war in the Middle East and investors anticipated falling demand due to high gasoline prices.
The leaders of the Group of Eight nations expressed concerns Tuesday about Iran's nuclear program and Zimbabwe's election crisis.
A call from the world's most powerful nations to establish the goal of halving greenhouse gas emissions worldwide by 2050, was criticized by environmentalists Tuesday.
Leaders of the Group of Eight nations expressed long-term optimism Tuesday about their economies. They also expressed concern over high commodity prices, including the prices of food and oil.
Host Japan puts the spotlight on the poorest of continents to help rectify aid shortcomings and improve the climate for future business
Oil prices, after hitting a record high last week, fell nearly $4 a barrel Monday as the dollar gained strength and traders reacted to an apparent easing of Mideast tensions.
Manmohan Singh is in Japan to have a few informal -- but crucial -- discussions about a controversial deal between the U.S. and India to share civilian nuclear technology
From July 7 to 9, the small town of Toyako in Japan will become the center of the world when the leaders of the G8 countries meet for their annual summit.
President Bush on Sunday defended his decision to attend next month's Olympics opening ceremony in Beijing, saying that to boycott "would be an affront to the Chinese people."
President Bush on Sunday defended his decision to attend the opening ceremonies of the Beijing Olympics
President Bush heads to Japan on Saturday for his final G-8 summit of world leaders as the global economy slumps, energy prices soar and food shortages loom in the developing world.
CNN is "Going Green" in the pursuit of the most innovative and effective solutions to the world's most pressing problems.
Ahead of next week's G8 summit in Japan, former British Prime Minister Tony Blair calls for a united front against global warming
Finance ministers from the Group of Eight industrialized nations urged oil producers Saturday to boost output
The world needs to invest $45 trillion in energy in coming decades, build some 1,400 nuclear power plants and vastly expand wind power in order to halve greenhouse gas emissions by 2050
DAVOS: Given worldwide financial jitters, I think the sense of urgency at Davos is palpable. If there was ever a need to have an intelligent truly global debate, it is now. The issues here are pressing and real-time. Attendees from outside the U.S. are feeling penalized, and there is real concern that the U.S. doesn't have the leadership to respond properly, and that that response may become overly political given the ongoing campaign.
The protesters came, and the leaders talked. But increasingly the annual gathering looks like an anachronism
George Bush again played roadblock-in-chief at the G8 summit. But he has a point: the G8 is largely irrelevant to making real progress on carbon emissions
Development campaigners have criticized a pledge by the leaders of the world's richest nations on Friday to give $60 billion to fight diseases such as AIDS in Africa.
Leaders of the world's eight major industrialized nations will end their summit Friday with a pledge to help nations on the world's poorest continent.
Leaders from the world's eight major industrialized nations "accepted the latest scientific evidence" of the dangers of global warming Thursday but set no targets for reducing greenhouse gas emissions.
U.S. President George Bush and Russian President Vladimir Putin agreed Thursday at the G8 summit in Germany to cooperate on missile-defense systems, apparently cooling tensions between the two leaders.
Tension between the United States and Russia over a missile-defense system in Europe is likely to take center stage at the Group of Eight summit of industrialized nations in Germany, which started Wednesday.
At least 146 German police officers were injured, 25 of them seriously, in clashes Saturday with about 2,000 protestors demonstrating ahead of next week's Group of Eight summit.
General Motors will unveil a new Pontiac sedan at the Chicago Auto Show today.
In the Russian city of St. Petersburg, the leaders of the Group of Eight economic powers issued a statement of "deepening concern" about the situation in the Middle East.
Iran and the world's leading industrialized democracies staked out conflicting positions Thursday on when Tehran should respond to a U.N. proposal concerning the country's nuclear program.
Overshadowed by the London terrorist attack and largely ignored by inattentive news media, the declaration on global warming at the G-8 summit of industrialized nations sounded far more like George W. Bush than Tony Blair and Jacques Chirac.
The terrorist attacks on London could have wrecked one of the pinnacles of Tony Blair's career -- his ambitious attempt as chairman of the G8 nations to secure a major step-change in aid for Africa and to get the G8 nations to commit together to a new wave of action to reduce global warming.
British Prime Minister Tony Blair announced "very substantial progress" in addressing African poverty at the G8 summit on Friday, but acknowledged only limited advancement on the other top issue on the agenda, global climate change.
CNN Correspondent Elaine Quijano is in Scotland where the G-8 is meeting. She talked with CNN's Soledad O'Brien about President Bush's reaction to four explosions in London's transport system Thursday.
British officials have pledged to carry out an exhaustive investigation to bring the perpetrators of the London bombings to justice.
Flanked by the somber leaders of the world's largest industrial nations at the G8 summit in Scotland, British Prime Minister Tony Blair condemned what he said were likely terrorist attacks in London.
World leaders expressed their condolences to the British people Thursday and sent messages to Prime Minister Tony Blair that they were united in the fight against terrorism.
Leaders of the Group of Eight (G8) nations are continuing their summit in defiance of the deadly explosions that rocked London.
As the leaders of the world's richest nations arrived at a central Scotland resort, hundreds of protesters stormed a field surrounding the Gleneagles Hotel in an effort to bring their messages to the annual G8 summit.
Protesters clashed with police, smashing car windows and throwing rocks, just hours before the world's eight richest nations were set to open their annual meeting in Gleneagles, Scotland.
As many as 100 protesters have begun appearing in court following violent clashes with police as officials promised zero tolerance for troublemakers ahead of Wednesday's G8 summit.
Police and protesters scuffled in Edinburgh ahead of Wednesday's G8 summit as officials braced for more demonstrations and the possibility of a terrorist attack.
CNN correspondent Richard Quest offers a behind-the-scenes look at Live 8 in Philadelphia and looks forward to the G8 summit in Scotland.
After the success of Live 8, the largest live concert ever held, politicians said people power could make a difference as Group of Eight (G8) leaders prepared to meet to discuss Africa.
CNN correspondent Richard Quest offers a behind-the-scenes look at Live 8 in Philadelphia.
Millions were gathering at concert venues across the world Saturday for a massive musical effort to focus attention on global poverty.
A massive musical effort to focus attention on global poverty began in Tokyo Saturday with the first Live 8 concert performers hitting the stage.
Foreign ministers from the world's richest countries have promised support for Afghanistan's democratic struggle and called for an orderly Israeli withdrawal from Gaza.
British Prime Minister Tony Blair has won the backing of Russia for an agreement on tackling African poverty and climate change.
Finance ministers from the world's wealthiest nations have agreed to a historic accord to cancel up to $55 billion worth of debt owed by the world's poorest nations.
The new head of the World Bank has praised a historic agreement by Group of Eight finance ministers to cancel up to $55 billion in foreign debt owed by some of the world's poorest nations.
Hopes of an accord on debt relief for poor African nations were raised Friday with reports of an agreement between the United States and Britain on writing off $16.7 billion owed by 18 countries.
British Prime Minister Tony Blair was back in London Wednesday facing tough negotiations on deals to boost aid for Africa and curb global warming in time for next month's G8 summit in Scotland.
The United States and Britain are working on a plan to provide full debt relief for African countries that are "on the path to reform," U.S. President George W. Bush has said.
Tony Blair, this year's chairman of the G8 group of industrialized nations, flies to Washington Monday with a plea to U.S. President George W. Bush to back him in an ambitious scheme to double aid to Africa.
Twenty years after he staged Live Aid to help save the starving in Ethiopia, Bob Geldof has announced plans for new concerts to fight poverty in Africa.
Top lawmakers called on President Bush to pressure Russian President Vladimir Putin on several key fronts during a summit this week, with one senior Republican warning on Sunday that Putin "is on the verge of isolating himself."
The world's richest nations are likely to agree to freeze debt repayments for nations devastated by the Indian Ocean tsunami, according to Britain's treasury chief.
President Bush said the Group of Eight leaders were "committed to the success of Iraq's government," but that no more troops from NATO countries would be sent to the country.
Marking the start of the Group of Eight Summit, several dozen protesters gathered Tuesday in Savannah's Forsyth Park, flanked by almost as many members of the media.
Heads of the world's leading economic powers have began gathering in the U.S. state of Georgia for their annual G8 summit, where Iraq is dominating discussions.
Japanese Prime Minister Junichiro Koizumi will brief U.S. President George W. Bush on the North Korean nuclear issue during the Group of Eight summit this week at the U.S. resort of Sea Island, Georgia.
While the world refocuses its attention to the G8 summit a few miles from here, the beaches are nearly empty, and the only people boating offshore are the police and Coast Guard.
Leaders of the Group of Eight industrialized nations meet this week in an effort to put behind them the divisions of Iraq and instead concentrate on terrorism and its likely effect on world oil prices.
U.S. President George W. Bush has invited the leaders of Afghanistan, Algeria, Bahrain, Jordan and Yemen to meet with G-8 leaders at next month's summit in the coastal resort town of Sea Island, in the U.S. state of Georgia.
On my 11th birthday, back in 1964, I moved from the North Shore suburbs of Chicago to Lagos, Nigeria. My father ran a project there to spur industrial develop-ment. In my two years in Africa's most...
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