 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| . |  |
. |
Paris (AFP) March 16, 2011 Finance ministers from the G7 group of top economies and central bankers will hold teleconference talks Thursday on the mounting crisis in quake-hit Japan, French minister Christine Lagarde said. "We must be at the disposal of our Japanese friends on the monetary side," the economy minister said after a cabinet meeting in Paris. "I have called for a G7 meeting at the level of finance ministers and central bankers" to thrash out how best to offer financial support to Japan which has been rocked by a monster earthquake, tsunami and a damaged nuclear plant. An aide said the meeting would take place via a telephone conference late Thursday. Similar G20 talks are also expected although this has not been finalised, the source told AFP. In Berlin Germany's Finance Minister Wolfgang Schaeuble told reporters that G20 discussions on Japan could take place on March 31 in Nanking, China during scheduled talks on the international monetary system. Lagarde, calling for solidarity, described the situation in Japan "extremely worrying on the human, environmental and economic levels." The head of a French nuclear safety agency said Wednesday that there was a "radioactive plume" coming from Japan's stricken Fukushima nuclear plant which was likely to expand in coming days. France this year presides over the G20 group of the richest and top emerging nations. The G7 includes Japan and France along with the United States, Britain, Germany, Canada and Italy. US Treasury Secretary Timothy Geithner said Tuesday that Japan -- the world's third largest economy -- can handle looming reconstruction costs, despite the havoc caused by the quake, tsunami and failing nuclear facilities.
Share This Article With Planet Earth
Related Links The Economy
Tokyo stocks stage rebound on bargain-buyingTokyo (AFP) March 16, 2011 Tokyo shares staged a rebound Wednesday on bargain hunting after the biggest two-day sell-off on the Nikkei index for 24 years amid the world's worst nuclear crisis since Chernobyl. But questions hang over the Nikkei's ability to reclaim the 16 percent losses it made on Monday and Tuesday with investors focused on the emergency at a stricken nuclear plant. On Wednesday, the Nikkei c ... read more |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook
