Russian President Vladimir Putin faced further isolation on the second day of a G8 summit on Tuesday as world leaders lined up to pressure him into toning down his support for Syrian President Bashar al-Assad.
Following an icy enc
Britain turned up the pressure on other rich economies to clamp down on secretive money flows at a summit next week by pressing its overseas tax havens into a transparency deal and announcing new disclosure rules for British firms.
Industrialised nations have stepped up plans to help countries swept up in the Arab Spring rebuild their economies through more access to international credit markets, investment and trade, a senior US State Department official said.
World leaders backed keeping Greece in the euro zone and vowed to take all steps necessary to combat financial turmoil while revitalising a global economy increasingly threatened by Europe's debt crisis.
A summit of the G8 leading ind
US President Barack Obama told G8 leaders meeting at Camp David that Syrian President Bashar al-Assad must leave power, and pointed to Yemen as a model of how political transition could work there, the White House said.
Ben Rhodes, an offi
Group of Eight leaders stressed in their Saturday discussions the need for European countries to minimise contagion from the euro zone's economic crisis through both fiscal consolidation and growth, a senior White House aide said.
Group of Eight (G8) finance chiefs gathered in southern France on Saturday will pledge $38 billion in financing to Tunisia, Egypt, Morocco and Jordan over 2011-13, a G8 source told Reuters.
Finance ministers and senior officials from
Tunisia's government said it needs $125 billion in funding over the next five years to finance a massive economic programme aimed at boosting growth and cutting unemployment, state-run news agency TAP said on Sunday.
The government pre
The external financing needs of oil-importing countries in the Middle East and North Africa will exceed $160 billion over the next three years and donor countries must step in to help, the International Monetary Fund said.
In a report to t
The United States and France stepped up their calls on Thursday for Yemen President Ali Abdullah Saleh to step down, after overnight gunbattles killed dozens of people.
US Secretary of State Hillary Clinton, speaking in