Voices The Chancellor’s Autumn Statement should have good news on the deficit and employment – even if the national debt remains disturbingly high

The Chancellor's Autumn Statement should have good news on the deficit and employment – even if the national debt remains disturbingly high

Outlook: Another false dawn for the yen?

Outlook: Another false dawn for the yen?

Markets hold breath as G7 meet

LIKE RABBITS frozen in a car's headlights, the financial markets stood still yesterday as they waited for the outcome of key speeches and meetings later this week.

Yeltsin in Bonn

BORIS YELTSIN arrived in Germany yesterday to seek succour from his best foreign friend, Helmut Kohl.

Market recovers as Russia raises $1bn

RUSSIA'S battered stock market rose for the second day running yesterday as investors, soothed by rumours of an international financial rescue package, bought almost $1bn of government debt

G7 goes to war on the financial crimewave

FINANCE ministers from the world's seven biggest industrial countries threw their weight behind the struggle against international crime yesterday.

Brown wants 'yellow card' IMF warnings

GORDON BROWN, the Chancellor of the Exchequer, called on his fellow finance ministers from the Group of Seven to agree to a "yellow card" system of public warnings for countries that fail to adopt measures recommended by the International Monetary Fund.

Outlook: Worries over China

WHENEVER the G7 finance ministers are meeting, as they are in London today and tomorrow, Asia manages to push itself to the top of their agenda. The ministers are here to agree a report on the region's troubles which is to be delivered to heads of government in Birmingham in a week's time. With more rioting in Indonesia, new question marks over the Japanese economic revival package, and a fresh slide in the region's share prices and currencies, what should its conclusion be?

Lethal legacy

ON THE side of the apartment block wall, shrouded by weeds and doused, invisibly, with radiation, there is a four-word message in very deliberate red letters: "Forgive me, my Motherland." Across the landscape, through the afternoon haze, the crime in question rears up into the sky, grey as a battleship but with a slightly Dickensian tilt, like a building from a cartoon by Boz.

We can't close Chernobyl, warns Kiev

THE President of Ukraine has warned that the devastated Chernobyl nuclear power plant, site of the world's worst nuclear disaster in 1986, may carry on working well into the next century - clearly undermining an agreement between Ukraine and the G7 industrialised nations to shut it down for ever by 2000.

Nothing on unemployment, nothing on East Asia. What is G7 good for?

Hamish McRae on the issues where the main players can still make a difference

G7 criticism leaves Japan under pressure to boost economy

JAPAN came under stiff criticism from other members of the Group of Seven (G7) leading economies at the weekend for failing to do enough to boost its flagging economy and financial system. The tensions spilled over, unusually, outside the private meeting of finance ministers and central bank governors from the G7.

G8 code calls for open statistics

FINANCE ministers and central bank governors of the world's leading economies, meeting in London this weekend, will give their initial approval to a draft code for greater openness in financial statistics in the wake of the Asian crisis.

1968: Anti-war demonstrations

1968 WAS a year marked by political turbulence throughout the world. In fact, there was an explosion of student/worker power on the streets in every single month and in each of the six continents. A year when radicalism was truly international: a political globalisation decided from below and not imposed by G7 summits. The effects of the war in Vietnam were felt on the streets of every west- European country as millions blocked the thoroughfares to show their solidarity with the resistance in South-East Asia.

G7 set to give boost to yen and Japanese economy

An action package to boost the yen and the Japanese economy will be agreed by the Group of Seven industrial countries, whose finance ministers and central bankers meet in London next month. Diane Coyle, Economics Editor, reports on the growing pressure for a concerted response to the Asian financial crisis.

America calls on G7 to tackle Asian crisis

The US Government last night unveiled plans for a high-level meeting of the leading industrialised nations, including Britain, to develop new methods to deal with the growing Asian financial crisis.
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