InfoAnda - G8 leaders look to head off euro zone crisis |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

In France, far right seizes on Muslim street prayers | | 13 January 2011
Suspected suicide bomber kills 20 in Pakistan | International | | 27 August 2009
GM, Canadian union agree to wage, pension freeze | 9 March 2009

Caterpillar latest manufacturer to warn of production delays after Japan quake | 19 March 2011

Forum Views () Forum Replies ()

Read more with google mobile : G8 leaders look to head off euro zone crisis |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (2) Full Focus Editor's Choice Our best photos from the last 24 hours. See more Images of April Follow Reuters Facebook Twitter RSS YouTube Read Iran attack decision nears, Israeli elite locks down 17 May 2012 Jessica Sanchez, Phillip Phillips make "Idol" final 17 May 2012 South Carolina woman battles flesh-eating bacterial disease 17 May 2012 Insight: Who got Facebook IPO shares? Fairness may not come into it 12:33am EDT Investors brace for Facebook debut on Wall Street | 12:30am EDT Discussed 158 Germany’s Merkel dealt heavy blow in state vote 128 Iran attack decision nears, Israeli elite locks down 115 Weary warriors favor Obama Watched A look at the UK’s most beautiful face Thu, May 10 2012 Violence rages on in Syria Thu, May 17 2012 Surfer rides 78-foot wave to world record Fri, May 11 2012 Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Inside Greece An insider's look at the people and places that define Greece. Slideshow Transgendered Indian Seema is transgender, one of hundreds of thousands in India who are ostracised, often abused and forced into prostitution. Slideshow G8 leaders look to head off euro zone crisis Tweet Share this Email Print Related News France's left-wing leadership starts with a pay cut Thu, May 17 2012 Insight: Swing states: Could Europe decide the U.S. election? Thu, May 17 2012 IMF chief warns on cost of Greek exit from euro Wed, May 16 2012 U.S. to seek G8 support for oil reserve release: Kyodo Wed, May 16 2012 UPDATE 4-U.S. to seek G8 support for oil reserve release-Kyodo Wed, May 16 2012 Analysis & Opinion Guestview: What they are not talking about at Camp Davidâ€™s G8 meeting Essential reading: Tax tension in Washington, and more Related Topics World » Greece » U.S. President Barack Obama waves as he walks out from the Oval Office of the White House in Washington May 10, 2012, before his departure to attend campaign events in Seattle and Los Angeles. Credit: Reuters/Yuri Gripas By Laura MacInnis and Jeff Mason WASHINGTON | Fri May 18, 2012 3:16am EDT WASHINGTON (Reuters) - Leaders of major industrial economies meet this weekend to try to head off a full-blown crisis in Europe where fears are growing that Greece could leave the euro zone bloc, threatening the future of the common currency. President Barack Obama, the G8 host, has urged European leaders repeatedly to do more to stimulate growth, fearing contagion from the euro crisis that could hurt the U.S. economy and his chances of re-election in November. British Prime Minister David Cameron, who has been increasingly vocal in urging Europe to do more to resolve the debt woes, will tell leaders they must work together to stop the region's economic crisis from spreading worldwide, an aide said. No economic policy decisions are expected from the talks but officials said Obama hopes to promote a discussion on a comprehensive approach to resolving the crisis. He will seek to cement a bond with France's new leader at the White House later on Friday before heading to Camp David for the talks. Francois Hollande, sworn in this week as French president, has already made waves by challenging Europe's austerity focus and saying he will pull French combat troops from Afghanistan by the end of this year. Obama, 50, may use their introductory meeting in the Oval Office to encourage the 57-year-old Socialist to rethink his Afghanistan plans that put France on an earlier exit timetable than other NATO allies. But the two leaders, who have both expressed support for pro-growth policies in Europe, are expected to form a common front on the euro zone crisis that could dominate this weekend's Group of Eight talks. Obama's administration spent heavily to tackle the 2007-2009 U.S. recession, and Hollande is seeking to take the edge off austerity with more job-creating infrastructure investments. The G8 summit comes as Greeks are pulling cash from banks amid growing fears that it might crash out of the single currency euro zone, and financial markets have turned fearful about the prospects of a full-blown crisis in Europe. Asian shares tumbled on Friday and were set for their worst weekly showing since September. Japan's Nikkei average dropped 3 percent to log a seventh straight week of losses and its longest losing streak since 2001 and the euro hit a four-month low. Heather Conley, a senior fellow at the Center for Strategic and International Studies, said Hollande and Obama "see things very similarly about the need for a better balance between fiscal consolidation, austerity and economic growth." That could put pressure on German Chancellor Angela Merkel, who has stressed the need for fiscal discipline to get the euro zone finances back on track even as voters have toppled belt-tightening governments. One of Obama's closest aides, National Security Adviser Tom Donilon, said the United States welcomed the evolving debate in Europe about the "imperative for jobs and growth," but he said the president's intention was not to drive a wedge between Europe's two biggest economies, Germany and France. "I don't think that the nature of these conversations are going to be anything like taking one side or the other," he told reporters on Thursday. "The president looks forward to leading a discussion among the leaders about the imperative of having a comprehensive approach to manage the crisis and get on a sustainable path towards recovery in Europe." LIMITED POWER Obama, a Democrat, has pitched a similarly "balanced" approach combining short-term stimulus and longer-term cuts to heal the U.S. economy and stoke hiring that has not recovered from the financial crisis. His presumed White House opponent, Republican Mitt Romney, has made reducing the U.S. debt load, which has escalated during Obama's tenure, one of his key campaign messages. "A balanced approach that includes not just austerity but growth and job creation is the right approach," White House spokesman Jay Carney said on Thursday, explaining Obama's message to the G8. Cameron, worried about the impact of the euro zone crisis on a weak British economy, will call for a "strong and united commitment to securing the economic recovery and to support job creation," the aide said. Economic policy outcomes are not expected from the closed-door talks at Camp David, a rustic presidential escape about two hours from Washington that Obama has visited far less frequently than his predecessor George W. Bush. The White House moved the summit to the Maryland retreat from Chicago in part to give the meeting a more informal flavor, as well as to escape the possibility of protests when Russian President Vladimir Putin was slated to attend. His prime minister, Dmitri Medvedev, will be there instead, along with G8 first-timers Hollande, Mario Monti of Italy and Yoshihiko Noda of Japan, as well as Cameron and Canada's Stephen Harper, plus Merkel and Obama. European Commission President Jose Manuel Barroso and European Council President Herman Van Rompuy are also set to attend. The White House said each leader would get their own cabin, albeit of different sizes. It will be the largest international summit ever held at Camp David, which was built in the 1930s and is best known as the site of past Middle East peace talks. Conley of CSIS acknowledged Obama's power to exert influence over Europe over weekend was "somewhat limited." "Nevertheless, I think the president can play a role of listening, helping leaders find common ground," she said. "We are sitting on the bleachers a bit. And we are going to have to watch how this plays out with the frustration in recognizing that it will have a profound impact for the global economy and for the U.S. economy." And Bruce Jones of the Brookings Institution said because Obama's re-election prospects hinge so directly on the health of the American economy, he has a huge interest in getting Europe on a healthy growth track. "Even if he wasn't in an election season, any president of the United States has a lot riding on the Europeans getting this right," he said. (Additional reporting by Caren Bohan in Washington and John Irish in Paris; Editing by Cynthia Osterman and Neil Fullick) World Greece Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (2) BluePelican wrote: Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 18 May 2012
Islamists Protest Lady Gaga's Concert in Indonesia
Russia says action on Syria, Iran may go nuclear |
Qaeda chief urges Saudis to topple ruling family |
Russian police detain protest leader, five others |
US to suspend Myanmar sanctions, but keep laws on books |
Iran threatens to sue Google over dropping Persian Gulf |
West African troops start arriving in Guinea-Bissau |
Facebook prices at top of range in landmark IPO |
Iran threatens to sue Google over dropping Persian Gulf |
Apple to use only green power for main data center |
HP mulls cutting at least 25,000 jobs: sources |
Insight: Who got Facebook shares? Fairness may not come into it |
Apple to use only green power for main data center |
AT&T eyes lower subsidies, shared data plans |
Facebook's Saverin fires back at tax-dodge critics |
Disco queen Donna Summer dies at 63 |
And the winner is? The sitcom, as networks add new shows |
Peter Berg discusses bringing Battleship to film |
Contestants? It's TV talent judges basking in fame, cash |
Second Travolta accuser drops suit, hires celebrity attorney |
Adele notches up two Ivor Novello songwriting awards |
Cannes festival opens with quirky comedy and a camel |
Japan Successfully Broadcasts an 8K Signal Over the Air
G8 leaders look to head off euro zone crisis |
China bars blind dissident's family choice of lawyers |
Poll shows Greece electing pro-bailout government |
Former editor says Murdoch sowed seeds of hacking scandal |
Retired officials urge China's ruling party to come clean |
Syria's Assad: Nations that sow chaos will suffer |
Slovenian austerity drive threatened by referendum call |
Resource-rich Mongolia plays populist card in run-up to polls |
Investors brace for Facebook debut on Wall Street |
Verizon data fans to pay more in service or phones |
ZTE confirms security hole in U.S. phone |
GM ad move followed failed Facebook pitch: sources |
Samsung gets 9 million preorders for new Galaxy phone: report |
EA must defend NCAA conspiracy lawsuit |
Insight: Who got Facebook IPO shares? Fairness may not come into it |
Toshiba plans to double operating profit by 2014-15 |
Sorkin says Jobs movie won't be straight biography |
Jessica Sanchez, Phillip Phillips make Idol final |
Broadway play's echoes of Bo scandal may prevent China staging |
And the winner is? The sitcom, TV networks hope |
Avengers may sink Battleship's U.S. launch |
Van Halen postpone more than 30 concert dates |
Iran may seek tactical gain with U.N. nuclear deal |
Growing military buildup, spying in China: Pentagon |
Police detain 400 Blockupy activists in Frankfurt |
Exclusive: Drugmakers weigh emergency supply plan for Greece |
Banks' rising bad loans add to Spanish troubles |
Spat with Iraq bares Turk plunge into regional power game |
U.S. firms eye Myanmar as sanctions suspended |
Facebook fizzles in debut, shares skirt IPO price |
Worries mount as Nokia burns through cash |
Verizon data fans to pay more in service or phones |
Ex-Yahoo CEO Thompson leaves F5 Networks' board |
Joke on Europe as Madagascar sequel comes to Cannes |
Reality TV, celebrity obsession hit Cannes screens |
Exploitation, loneliness in sex tourism film at Cannes |
Sorkin says Jobs movie won't be straight biography |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01