Posts Tagged ‘Global Recession’
G-8 leaders began talks Friday in Muskoka, Canada, north of Toronto.
U.S. officials stated that the leaders of major industrialized countries in the world closer to achieving consensus on how to prevent the global economy slipped back into recession.
Leaders from the Group of Eight (G-8), including U.S. President Barack Obama, German Chancellor Angela Merkel and French President Nicolas Sarkozy, to start talks on Friday in Muskoka, Canada, north of Toronto.
President Obama has been urging countries to stimulate economic growth, while European leaders have focused attention on the financial responsibility. U.S. officials said that despite the differences, the talks had produced “the meeting point of view.” Read the rest of this entry »