PARIS (Reuters) – G7 countries will take “concerted action” to limit the impact of the coronavirus outbreak on economic growth and their finance ministers will discuss by phone this week how best to act, French Finance Minister Bruno Le Maire said on Monday. “... More »
WASHINGTON (Reuters) – U.S. President Donald Trump was surprised at the resistance to his now-revoked decision to host next year’s Group of Seven summit at his Florida golf resort, his acting chief of staff said on Sunday, adding that Trump still considers him... More »
WASHINGTON (Reuters) – U.S. President Donald Trump abandoned plans late on Saturday to host next year’s Group of Seven summit at his Florida golf resort, after Democrats and others had decried the selection as evidence of the president misusing his office for ... More »
BIARRITZ, France (Reuters) – The leaders of the group of seven nations are close to agreeing a deal to provide $20 million in emergency help to stop the Amazon forest fires, a French presidential source said. “The reality is that for the emergency aid they esp... More »
BIARRITZ, France (Reuters) – Iran has an opportunity to come back into compliance with the nuclear deal and resume dialogue about its nuclear activities, British Prime Minister Boris Johnson said on Monday. U.S. President Donald Trump said earlier he would mee... More »
BIARRITZ, France (Reuters) – French President Emmanuel Macron said on Monday G7 leaders had not reached a consensus on inviting Russia to next year’s G7 summit in the United States. Macron added that he and German Chancellor Angela Merkel would organize a summ... More »
BIARRITZ, Belgium (Reuters) – France on Monday issued a short statement at the end of a meeting of G7 leaders on several issues, but it was not a communique along the lines of those usually drawn up at the annual summit, reflecting divisions. The issues were t... More »
BIARRITZ, France (Reuters) – French President Emmanuel Macron paved the way at a G7 summit for a diplomatic solution to the standoff between Washington and Tehran over a 2015 nuclear deal, but there was little else to show from a meeting at which allies were s... More »
BIARRITZ, France (Reuters) – U.S. President Donald Trump, responding to a question about climate change after skipping a G7 session on the issue, said on Monday that American wealth is based on energy and he will not jeopardize that for dreams and windmills. T... More »
BIARITTZ, France (Reuters) – France and the United States have reached a deal to end a standoff over a French tax on big internet companies, French President Emmanuel Macron said on Monday. U.S. President Donald Trump had threatened to hit back with tariff act... More »
BIARRITZ, France (Reuters) – France and the United States reached a deal to end a standoff over a French tax on big internet companies, though U.S. President Donald Trump declined to say whether his threat of a retaliatory wine tax was off the table as a resul... More »
WASHINGTON (Reuters) – China is unlikely to face serious consequences from the Trump administration’s decision to label it a currency manipulator given the apparent lack of G7 and IMF support for the move, former and current U.S. and G7 officials said. The U.S... More »
PARIS (Reuters) – France’s Emmanuel Macron discussed the need for an international agreement on taxing digital service companies with U.S. President Donald Trump in a call on Friday, the French president’s office said. The exchange – which partly centered on I... More »
WHISTLER, British Columbia (Reuters) – French Finance Minister Bruno Le Maire said on Saturday he was confident of reaching an agreement with Germany this month about creating a joint “fiscal capacity” within the euro zone. Le Maire and his German counterpart ... More »
BERLIN (Reuters) – Germany is worried by signs of weakening in the network of multilateral organizations and agreements designed to foster international cooperation, Chancellor Angela Merkel said on Monday. Merkel blamed the fraying of the multilateral order o... More »
BERLIN (Reuters) – German Chancellor Angela Merkel said on Monday she would work with any coalition government formed in Italy, but she also warned that any discussions on economic policy would have to be within the rules governing the euro zone. Anti-establis... More »
German Chancellor Angela Merkel and U.S. President Donald Trump before talks at the G7 summit in Taormina, Sicily, Italy, May 26, 2017. Guido Bergmann/Courtesy of Bundesregierung/Handout via REUTERS Europe can no longer completely rely on its allies, German Ch... More »
FILE PHOTO – White House National Security Advisor H.R. McMaster (C) sits between Senior Advisor Jared Kushner (C) and Chief of Staff Reince Priebus (R) during a joint news conference held by U.S. President Donald Trump and Colombian President Juan Manuel Sant... More »
U.S. President Donald Trump delivers remarks to U.S. troops at the Naval Air Station Sigonella before returning to Washington D.C. at Sigonella Air Force Base in Sigonella, Sicily, Italy, May 27, 2017. REUTERS/Jonathan Ernst With trouble facing him back home, ... More »
White House national security advisor H.R. McMaster speaks to reporters in the White House briefing room in Washington, U.S., May 16, 2017. REUTERS/Joshua Roberts U.S. National Security Adviser H.R. McMaster said on Saturday that “of course” President Donald T... More »
Canada’s Finance Minister Bill Morneau (R) speaks with Bundesbank President Jens Weidmann during the G7 for Financial ministers meeting in the southern Italian city of Bari, Italy May 12, 2017. REUTERS/Alessandro Bianchi An economic recovery and robust outlook... More »
Secretary of State Rex Tillerson disembarks from a plane upon his arrival at Vnukovo International Airport in Moscow, Russia April 11, 2017. REUTERS/Maxim Shemetov President Donald Trump’s administration accused Russia on Tuesday of trying to shield Syria’s go... More »
FRANKFURT Central banks from Washington to Tokyo take center stage next week, although policymakers are likely to remain cautious as they wait for the dust to settle from Britain’s shock vote to leave the EU. As they wait for political reassurances and greater... More »
FRANKFURT European Central Bank President Mario Draghi is likely to plead for governments to do more to boost the euro zone’s economy in the coming week as the fallout of Britain’s vote to leave the EU and weaker global growth threaten the bloc’s fragile recov... More »
LONDON/BERLIN German Chancellor Angela Merkel sought on Saturday to temper pressure from Paris, Brussels and her own government to force Britain into negotiating a quick divorce from the EU, despite warnings that hesitation will let populism take hold. Eurosce... More »
HIROSHIMA, Japan John Kerry on Monday became the first U.S. secretary of state to pay his respects at Hiroshima’s memorial to victims of the 1945 U.S. nuclear attack, raising speculation that U.S. President Barack Obama might make his own visit in May. Followi... More »
TOKYO Making preparations with other governments for a Group of Seven summit next month, Japan has sought to emphasize the role of fiscal spending in countering deepening uncertainty over the global outlook, the Sankei newspaper reported on Monday. Monetary po... More »
TOKYO In late 2014, Japanese Prime Minister Shinzo Abe caught markets and voters off-guard when he postponed an unpopular sales tax hike and called a snap election. Less than two years later, the only surprise will be if he doesn’t repeat the play. With consum... More »
BENGALURU/LONDON World economic growth lost momentum in September, with China’s factory output shrinking again, euro zone manufacturing growth slowing, and U.S. activity steady. The latest business surveys across Asia, Europe and the Americas paint a gloomier ... More »
