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April 2008
- G-7 Leaders Offer No Fix for Credit Crisis
  
  newser | Wall Street Journal | Apr 14, 08 7:31 AM CDT
  
  Group of Seven finance ministers ended 3 days of meetings in Washington yesterday by endorsing a plan to create greater transparency and oversight in financial markets to avert future crises, but no emergency measures to stem the current one. Despite a downbeat report on the likelihood of worldwide recession, and even hunger riots as the cost of food continues to soar, responses to the credit crisis remain national responsibilities, writes the Wall Street Journal . More »
  
  Tags
  
  recession • credit crisis • World Bank • hunger • IMF • Dominique Strauss Kahn • hunger riots • Group of Seven
- G-7 Ministers Talk Tough on Sliding Dollar
  
  newser | Wall Street Journal | Apr 12, 08 7:26 AM CDT
  
  The Group of Seven's finance ministers are getting more aggressive about stopping the greenback's decline, the Wall Street Journal reports. In what counts as blunt words for the group, a statement yesterday expressed concern about the plummeting dollar's "possible implications for economic and financial stability." The change in tone since the group's last meeting a year ago is aimed at sending a signal to traders; the ministers stopped short of using G-7 money to buy up dollars to push the currency upward. More »
  
  Tags
  
  US dollar • finance • euro • weak dollar • currency • currency exchange • Group of Seven

2 Stories

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