German Chancellor meets Manmohan Singh at G8-G5 summit

L’AQUILA - German Chancellor Angela Merkel and Indian Prime Minister Dr. Manmohan Singh met on the sidelines of the G8-G5 summit here on Thursday.

President Obama wrapping up economic summit, meets Friday with pope, departs for Africa

L’AQUILA, Italy — Global problems, Africa and the pope all figure in President Barack Obama’s day.

France wants to expand G8 group

L’AQUILA - French President Nicolas Sarkozy is pushing for an expansion of the Group of Eight (G8).

“The G8 are no longer representative enough to manage the economic crisis,” Sarkozy said Thursday in L’Aquila, Italy, after the close of the second day of the summit of the world’s seven leading industrialised democracies plus Russia.

Obama asks Brazil to press Iran on nukes

L’AQUILA - US President Barack Obama has urged his Brazilian counterpart Luiz Inacio Lula da Silva to help convince Iran to keep its nuclear programme peaceful.

Rich and poor divide at G-8 climate talks shows tough road to cut carbon emissions

L’AQUILA, Italy — The chasm between rich and poor on how to address climate change burst into the open at the G-8 summit Thursday, showing how difficult it will be to persuade the world to make lifestyle and economic sacrifices needed to save the planet from global warming.

Rich and developing countries want to restart world trade talks, discourage protectionism

L’AQUILA, Italy — Leaders of the exclusive club of eight industrialized leaders plus five of the fastest developing nations are calling for open markets and a battle against protectionism as the answer to the world’s economic meltdown.

Clooney at G-8, tours ruins, says he’ll shoot film in Italy quake area

L’AQUILA, Italy — George Clooney has toured the ruins of Italy’s recent earthquake and told the survivors he’ll shoot a film in their mountain region.

Analysis: Obama advancing agenda but finding his global reach only goes so far

L’AQUILA, Italy — Barack Obama is finding that even the reach of a globally popular president goes only so far, leaving him to snatch partial victories as he can. For all his effort, his strategy also banks heavily on the commodity that helped get him elected: hope.

G8 non-committal on emission targets in L’Aquila declaration

L’AQUILA - The G8 or the world’s most wealthy and developed countries have remained non-committal on setting targets for reduction of greenhouse gas emissions, a demand being stressed by the emerging economies (G5) and other developing countries.

Big polluters to discuss help for poorer countries to deal with climate change

L’AQUILA, Italy — The world’s industrialized countries are looking to provide “significant financial resources” to the developing world to help them combat global warming and will ask a September meeting of the world’s 20 major economies to take up the issue, U.S. President Barack Obama said Thursday.

Climate remains an issue as G8-G5 agree on UN reforms (Roundup)

L’AQUILA - The outreach meeting of the G8, the grouping of the world’s most wealthy and industrialized countries, with the world’s emerging economies G5, Thursday outlined that various global crises required systemic and optimistic resolutions even though they failed to resolve their differences on the climate change controversy.

Big polluters discuss financing help for poorer countries to deal with climate change

L’AQUILA, Italy — The world’s major polluters say they want to give poor countries more help in combatting global warming.

Obama urges poorer nations to join US, other wealthy countries and fight global warming

L’AQUILA, Italy — President Barack Obama said Thursday the global recession makes it harder to strike an international agreement to battle dangerous temperature increases, but he urged the poor emerging economies that rejected specific clean-energy goals to “fight the temptation toward cynicism” and embrace them soon.

G-8 Delegates: President Obama to present $15 billion food initiative for world’s farmers

L’AQUILA, Italy — World leaders met Friday with African nations before an expected announcement of a new food security proposal that represents a fundamental shift in the way the West tackles world hunger, taking wisdom from the old proverb about teaching a man to fish.

UK PM Brown to provide blueprint for Obama’s nuclear non-proliferation summit

L’AQUILA, Italy — British Prime Minister Gordon Brown said Thursday he will soon propose sweeping changes to the Nuclear Non-Proliferation Treaty that would require states suspected of seeking to build nuclear weapons to prove that they are not.

G8-G5 agree on global economic crisis, institutional reforms

L’AQUILA - Even as they jointly declared to conclude the Doha development round on trade talks by 2010, the world’s most wealthy and industrialized countries or G8 Thursday agreed to the demands of the emerging economies (G5) to strengthen financial regulation and reform international financial and other institutions, including the United Nations (UN).

Obama, Manmohan cozy up at G8-G5 summit

L’AQUILA - US president Barack Obama and Indian Prime Minister Manmohan Singh cozied up to each other at a summit of the G8-G5 groupings at L’Aquila in Italy on Thursday.

Tribal Oriya girl meets G8 leaders in Italy

L’AQUILA - A 16 year old tribal girl from Orissa’s Koraput district rubbed shoulders with world leaders at the Junior Eight summit in Italy.

Summit Draft: G8/ G5 agree not to use currency to gain competitive advantage

L’AQUILA, Italy — Leaders of rich and developing nations meeting here have agreed not to resort to currency devaluation to gain a competitive advantage — while shying away from any discussion of the dollar’s status as the world’s reserve currency.

G8 and G5 leaders meet in Italy

L’AQUILA - Leaders of the world’s richest nations and major developing powers met on Thursday (July 9) to discuss global issues on the second day of a G8 summit in L’Aquila, Italy.

J8 meets G8, ask leaders to get tough on climate change defaulters

L’AQUILA - Fourteen young people from countries attending the G8 today called on their respective leaders to get tough with countries who don’t meet climate change targets and teachers whose standards slip.

Manmohan Singh, Obama meet briefly during G8-G5 summit

L’AQUILA - Prime MInister Manmohan Singh briefly met with US President Barack Obama during the outreach meeting of G8 and G5 leaders at their summit here Thursday.

Summit Draft: G8-G5 agree not to use currency to gain competitive advantage

L’AQUILA, Italy — Leaders of rich and developing nations agreed not to use currency devaluation to gain a competitive advantage over each other by making their exported goods cheaper, according to draft summit conclusions obtained by The Associated Press.

UN chief rebukes G8 over failing to curb emissions soon, provide funds for poor for warming

L’AQUILA, Italy — The U.N. chief sharply rebuked the Group of Eight leaders on Thursday for failing to make more commitments to reducing climate change in the near term, saying they must do so if the heavily polluting developing world is to follow suit.

G8 draft: Rich and developing countries want to restart stalled trade world trade talks

L’AQUILA, Italy — Leaders of rich and developing nations want to finally seal a long-delayed world trade deal next year and head off trade wars that could hit world economies as they struggle to emerge from recession, according to a draft of a joint declaration obtained by The Associated Press.

Pakistan draws sentiments from G8 in their ‘fight against terror’

g8-2009L’AQUILA - Pakistan has got the support from the G8, the group of world’s eight most wealthy and industrialised countries, for its fight against terrorism.

Brazil wants G5 to settle trade accounts with own currency

L’AQUILA - Brazil has asked G5 countries to explore the possibility of using their own currency to settle trading accounts amongst themselves.

G8 concerned over threat of terrorists acquiring WMDs

g86L’AQUILA - The proliferation of weapons of mass destruction (WMDs) and their means of delivery poses a global challenge, said leaders of the world’s most industrialised countries at their summit here.

Summit draft: Rich and developing countries seek to conclude Doha trade agreement in 2010

L’AQUILA, Italy — Leaders of developed and developing nations meeting in the quake-ravaged city of L’Aquila are seeking agreement to wrap up stalled trade talks in 2010 and head off protectionist policies.

Brazil’s presidential gift to Obama is bittersweet reminder of US team’s loss in soccer match

brazillian-jersey-for-obama1Obama gets jersey, and maybe a dig, from Brazil

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