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World News

World leaders take on economy, climate at G-8

With the relevance of the Group of Eight being challenged by emerging powers, the G-8 leaders got down to business July 8 addressing climate change and what their next move might be when and if the global recession subsides.

But the launch of the three-day G-8 summit in L'Aquila, the quake-devastated central Italian city, was spoiled even before it began, with Chinese President Hu Jintao returning home.

The leaders agreed July 8, however, that the global economy remains too shaky to begin rolling back massive stimulus measures. They also set a key goal in the fight against global warming, saying temperatures shouldn't increase more than 2 degrees Celsius.

The G-8 includes the United States, Britain, Canada, Japan, Italy, Germany, France and Russia. (The Japan Times, AP)


Shukan ST: July 17, 2009

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