Tag Archives: industrialized

OECD says Canada to lead G7 in growth for next 50 years

The Paris-based Organization for Economic Co-operation and Development predicts Canada will lead the Group of Seven industrialized economies in growth over the next half century. Continue reading

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Wall Street gains as Europe girds for turmoil

NEW YORK (Reuters) – U.S. stocks rose on Friday on optimism major world central banks will take coordinated action if the closely watched election in Greece this weekend results in market turmoil. The news offset the latest round of weak U.S. Continue reading

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Spain’s credit plea: Time’s running out

Spain warned that it could lose access to credit markets, the lifeblood of its economy, as the Group of Seven industrialized countries met. Continue reading

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NATO chief: No "rush for the exits" in Afghan war

CHICAGO (Reuters) – NATO’s chief sought on Sunday to dispel fears of a “rush for the exits” in Afghanistan as Western allies gathered to chart a path out of an unpopular war that has dragged on for more than a decade. President Barack Obama hosts the summit in his home town, Chicago, a day after major industrialized nations tackled a European debt crisis that threatens the global economy Continue reading

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G-8 leaders focus on European financial crisis

Leaders of the major industrialized nations are prodding Germany to balance its push for European fiscal austerity with stimulus spending. Continue reading

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