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NEWS ABOUT: G8 summit

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Kissinger: US Must Temper Approach as Russia Evolves

Medvedev's election may signal real political change, so ease back on the bullying

(Newser) - Dmitry Medvedev has more power than some in the West believe, and Russia's political system is still evolving as Vladimir Putin moves from president to prime minister, Henry Kissinger writes in the Washington Post—and it behooves the US to throttle back. "The pace of such an evolution will... More »

G8 Agrees to Cut Emissions 50%

But doesn't settle on any interim goals

(Newser) - The G8 leaders have resolved to cut greenhouse gases in half by 2050, something they’d only agreed to “seriously consider” before. But the US has resisted setting any interim goals, the BBC reports, leading environmentalists to deride the pact. The group will also try to convince some 200... More »

G8 Leaders Chew on Global Food Crisis Over Caviar

Luxe meals by 60 chefs follow starvation talks

(Newser) - The global food crisis tops the agenda at this year's G8 summit—and the talks seem to be hungry work, reports the Independent. The 18 dishes at the eight-course luxury dinner served to the leaders last night included caviar, sea urchin, and Kyoto beef—followed by a "G8 fantasy... More »

Bush to Canadian PM: 'Yo, Harper!'

Commander-in-chief his ever-so-diplomatic self at G8 summit

(Newser) - Mixing Texas diplomacy with the high diplomacy of the G8 summit in Japan, President Bush showed off his characteristically casual behavior today by introducing Canadian Prime Minister Stephen Harper to another leader with a "Yo, Harper!" Bush landed British PM Tony Blair in hot water at a 2006... More »

Energy-Efficient Japan to Host G8 Summit

Tokyo will showcase conservation ethic, technology

(Newser) - Next week the leaders of the developed world will meet at a resort in northern Japan for this year's G8 summit. With oil prices topping the agenda, Japan—by most measures, the most energy-frugal developed nation on earth—is hoping to use the international platform to promote its energy conservation... More »

Dollar Soars to Biggest Weekly Gain in 3 Years

Greenback posts record advances ahead of G8 meeting

(Newser) - The dollar posted its biggest gain in almost 3 years this week, soaring 2.5% against the euro and 2.8% against the yen. This morning in London the dollar was trading at $1.54 against the euro, with analysts predicting a rise as high as $1.45 by year's... More »

Blair Pitches Global Climate Pact

Warns change will be irreversible if something isn't done now

(Newser) - Former British prime minister Tony Blair will seek to privately broker a new international agreement to cut carbon emissions by 50% before 2050 that would include China, India and the US, reports the Guardian. Blair has been working on the project with climate change experts since he left office last... More »

World Bank President Touts New Strategy

Zoellick calls for fast funds and alternative energy sources

(Newser) - Robert Zoellick has outlined a new strategy for the World Bank, including giving the private sector a bigger role in development, speeding aid to countries coming out of conflict, and promoting green energy alternatives, Reuters reports. The new president  has been quick to reposition the global bank's mission following the... More »

Sarko Looks Blotto at G8

After lunch with Putin, French boss sways and slurs at press conference

(Newser) - Vladimir Putin may have tested out some liquid diplomacy at the G8 summit. After a long meeting with the Russian leader, freshly elected French president Nicolas Sarkozy showed up late to a press conference and appeared inebriated, fumbling for words, giggling, and swaying at the podium. More »

World Bank Will Pay Countries to Spare Trees

$250M pilot program will reward "avoided deforestation"

(Newser) - The World Bank is planning a $250-million fund to pay countries to refrain from cutting down tropical forests. The plan, which won approval at the G-8 summit last week, depends on companies to contribute to the fund, but that's not likely to happen unless rules governing carbon emissions credits are... More »

G8 Concludes with AIDS Pledge

World leaders renew $60B pledge to fight disease in Africa

(Newser) - Global leaders renewed their vow to spend $60 billion to help fight AIDS, TB, and malaria in Africa today as the G8 summit wrapped up. But they set no deadlines for delivering the relief, leading critics to question the pledge. "I think it is deliberately the language of obfuscation,... More »

Moscow Backs Down on Missile Shield

Putin's tough talk yields to unexpected compromise proposal

(Newser) - After weeks of exchanging sharp criticism with US officials, Vladimir Putin today suggested a truce over a controversial missile shield in Eastern Europe. In talks with President Bush at the G8 summit, the Russian president reversed course and said Moscow would support US plans for the shield if it is... More »

G8 Agrees to 'Seriously Consider' 50% Reduction

G8 summit in Germany promises to address emissions cuts.

(Newser) - G8 leaders agreed to a climate-control deal today they hailed as a breakthrough, though it was unclear what it actually accomplished. They didn't adopt German Chancellor Angela Merkel's target of cutting emissions in half by 2050—already adopted by the EU, Canada and Japan—but they agreed to  "seriously... More »

At G8, Bush Hangs Tough on Greenhouse Gas Goals

Bush meets with German chancellor, stances remain divided

(Newser) - The G8 summit convened today, with President Bush still holding out on long-term greenhouse gas emissions goals. German Chancellor Angela Merkel's proposal includes hard targets which would cut emissions in half by 2050 and limit global temperature change to an increase of 3.6 degrees F. The plan also includes... More »

Blair: I'll Talk Bush Into Emissions Agreement

Lame-duck PM wants UN-approved treaty

(Newser) - Heading into his final G8 summit, Tony Blair is thinking big: He says he can persuade President Bush to agree to a UN-backed treaty to reduce carbon emissions by 50%, today's Guardian reports. Blair hopes to reach at least an agreement in principle, but officials fear negotiations will continue to... More »

Britain Pushes Bush to Set Climate Goal

Wants US to commit to hard target date for emissions reductions.

(Newser) - The British environmental secretary will visit Washington in an effort to convince President Bush to set specific goals for carbon reduction at this week's G8 summit. David Miliband plans to encourage the US to agree to an emissions target by 2050 and to acknowledge the principle of carbon trading... More »

Brazil Rejects Bush Climate Proposal

US plan not a viable alternative to Kyoto accord, says Lula

(Newser) - Brazil's president bluntly dismissed the climate-change plan offered by George Bush last week as "voluntarism" in a situation where "multinationalism" is needed. Luiz Inacio Lula da Silva, whose fast-developing country is critical to any international deal on emissions cuts, said the proposal for a new international framework was... More »

G8 Protesters Clash With German Police

Demonstration ends with activists arrested, officers injured

(Newser) - Riot police and anti-globalization activists collided in the streets of the German port of Rostock today after an early show of opposition to next week's G8 summit degenerated into violence. Police used water cannons and tear gas against demonstrators who showered them with bottles and stones, causing more peaceful protesters... More »

Europe Disses Bush Plan for Climate Change

Claims speech undermines G-8 deal on global warming

(Newser) - The new Bush plan to combat climate change is being received with skepticism in Europe, where it is seen as a bid to outfox German Chancellor Angela Merkel and torpedo more radical proposals she will unveil at the G-8 Summit. Germany's Der Spiegel and Britain's Guardian both say the US... More »

US and Russia Lock Horns over Kosovo, Missile Shield

Cold War fault lines rumble at prelim G-8 summit

(Newser) - Russian Foreign Minister Sergei Lavrov and US counterpart Condi Rice butted heads during a sit-down with G-8 foreign ministers yesterday, over US plans to grant Kosovo independence and build a missile defense shield in the region. The entire group endorsed freeing Kosovo from Serbian control, the Washington Post reports, except... More »

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