G8 agree to fight climate change, lower emissions by 50 Pct Jul 09, 2008 10:56AM

Leaders of the world's biggest economies closed the G-8 summit on Wednesday by saying they would fight global warming, but couldn't agree how and failed to convince big emerging economies that rich countries were doing enough. Read more

Oil slumped $5 on Tuesday in New York on worries about the global economy, concerns on supply disruptions in the United States and Middle East ease and dollar rises. Read more

French President Nicolas Sarkozy says emerging economies including China and India will play a bigger role at the next Group of Eight meeting. Sarkozy said Tuesday the leaders of China, India, Brazil, South Africa and Mexico will join G-8 leaders for a full day at next year's summit in Italy. Read more

China is willing to discuss the setting of medium- and long-term goals for reducing emissions of polluting gases at a summit of the Group of Eight industrialized nations next week in Japan, a climate change official said Thursday. Read more

Protesters clashed with police in Tokyo Sunday during demonstrations against an upcoming summit of leaders from the Group of Eight industrialized nations. Read more

Group of Eight foreign ministers are condemning Zimbabwe's one-candidate presidential runoff, saying authorities there have made a free and fair election impossible. Read more

Foreign ministers from wealthy nations welcomed North Korea's long-awaited declaration of its nuclear capabilities but warned Friday there remains a long way to go before the isolated Stalinist state can rejoin the international community. Read more

North Korea's long-awaited declaration of its nuclear capabilities took center stage at a meeting of wealthy nations' foreign ministers Friday, with concerns growing over how to verify that it is actually moving to abandon its nuclear stockpile. Read more

Finance ministers from the Group of Eight industrialized nations urged oil producers to boost output to help stabilize record-high oil and food prices, calling the situation a serious threat to global economic growth. Read more

A slowdown in the global economy over the next few quarters will likely tame oil prices, the head of the International Monetary Fund said Friday. "The slowdown in growth will influence oil prices" on the downside, IMF Managing Director Dominique Strauss-Kahn said on the sidelines of meetings among f... Read more