G7 fails to agree action despite fears
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Business & money: Finance chiefs from the G7 warn the global economy will slow down as a result of US mortgage crisis
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World powers were struggling to agree on joint statements on Iran at a UN nuclear agency meeting, with diplomats saying this showed divisions in how to crack down on Tehran.
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HEILIGENDAMM, Germany, Jun 4 (IPS) - Facing the probability that this year's G8  summit will be a failure -- mainly due to U.S. opposition to an  international consensus on environmental, financial, and African  cooperation issues -- the German government, host of the event,  is scaling down the expectations that it helped to stir in the  first place.
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Leaders at an Asia-Pacific summit appeared deadlocked on Thursday over what their "Sydney Declaration" on climate change and cutting greenhouse gas emissions should say.
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THE nation&#39;s regional political, economic and security interests were threatened by the Federal Government&#39;s refusal to sign a non-aggression pact with its Asian neighbours, Labor said today.
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Efforts by TUC leaders fail to head off Wednesday's votes on whether to demand a referendum on the EU treaty.
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The 24 member policy making group of the International Monetary Fund met Saturday in Washington and failed to reach consensus on implementing a more generous debt relief program for the world&#39;s poorest countries.
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G8's agenda on greenhouse gas emission goals and Europe's growing distrust of Russia.
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European government and industry officials have begun to doubt whether a political consensus exists in Europe to complete the Galileo satellite navigation system.
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Darling warns of world 'turbulence' after anxious G7 debate
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The International Monetary Fund&#39;s top policy-making group on Saturday failed to close divisions over debt relief for the world&#39;s poorest countries.
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Major powers at a G8  summit were deadlocked on Friday over the breakaway Serbian  province of Kosovo, with Russia resisting the terms of a French  plan to delay a U.N. vote on its independence.
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Any hopes for a global policy response to U.S. recession fears, global market turmoil and exchange rates will likely go unanswered when Group of Seven finance heads meet in Tokyo on Saturday.
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THE worldâs leading finance officials and ministers yesterday failed to reach agreement on debt relief for the poorest nations. Wrapping up a weekend of IMF and World Bank talks in Washington, no agreement appeared to have been secured.
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Efforts to forge the world's largest free trade zone between the European Union and South America's Mercosur economic bloc are unlikely to be concluded by an Oct. 31 deadline, the EU said Thursday, with both sides declaring each other's trade offers insufficient.
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Germany&#39;s ruling coalition parties failed to agree on introducing a national minimum wage after seven hours of talks that ended early Tuesday.
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THE HAGUE -- Russia and the European Union failed yesterday to complete negotiations on a &quot;strategic partnership&quot; because of disagreements over security and other issues at a summit overshadowed by the Ukraine political crisis. The two sides said they were confident a final pact will be reached next May, however.