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A collection of news and information related to G8 published by this site and its partners.
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BofA tries turning distressed homeowners into renters
Unable to qualify for modifications on Bank of America mortgages, a few of California's most distressed homeowners are being offered one last chance to stay in their homes: Become renters instead.
Testing a mortgage-to-lease program in the Golden State,...Tags: Foreclosures, Banking, Condos and Houses, Fannie Mae, Financial and Business Services
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Obama and Karzai meet, cite NATO commitment to Afghanistan
CHICAGO — As he prepared to open the NATO summit Sunday in Chicago, President Obama said Afghanistan is on track to achieving a “transformational decade” of peace and stability as U.S. and other combat forces begin to withdraw and as...Tags: Politics, Wrigley Field, Wars and Interventions, Afghanistan, Camp David
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Merkel comes under increasing fire on euro crisis
BERLIN — If it seems to German Chancellor Angela Merkel that the world is against her, she may be right. Her insistence that debt-ridden European nations cut their way out of financial crises helped cost her conservative political party two state...
Tags: Regional Elections, Berlin (Germany), France, Globalization, Angela Merkel
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G-8 leaders endorse policy of economic growth
CAMP DAVID, Md. — In a significant political victory for President Obama, the leaders of Germany and other European nations endorsed a policy of economic growth over austerity and emphasized that Greece, which is trying to battle its way out of a...
Tags: Politics, Germany, Summits, Camp David, Petroleum Industry
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Gasoline prices fall even while oil costs rebound
Retail gasoline prices fell in California and across much of the nation over the last week, while crude oil recovered a little of the previous weeks' losses.
The average cost of a gallon of regular gasoline in California fell 3.1 cents to $4.336 a...Tags: Minivans and Vans, Market and Exchange, Global Energy Incorporated, Environmental Issues, Petroleum Industry
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Oil prices rebound; gas prices fall
Crude oil prices have rebounded slightly after falling last week to their lowest levels in six months. Retail gasoline prices were falling in California after a painful 18.6-cent jump over the last two weeks. Nationally, the average retail price for...
Tags: Manufacturing and Engineering, Market and Exchange, Environmental Issues, Global Energy Incorporated, Commodity Markets
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6.0 earthquake in Italy kills 6, injures dozens
World NowAn earthquake early Sunday in north-central Italy killed six people, injured dozens and sent parts of historic castles, clock towers and churches tumbling down.... -
Authorities temporarily ban Twitter in Pakistan
World NowPakistan’s decision to block access to the online social network Twitter on Sunday drew sharp criticism from human rights activists, who called the move an “ill-advised” attempt at censorship.... -
NATO and G-8 summits allow Obama to showcase foreign policy
WASHINGTON — Whatever else they achieve, back-to-back summits of world leaders this weekend hosted by President Obama will showcase the perks of incumbency. An American president with sagging approval ratings on the top campaign issue — the...
Tags: Republican Party, Wars and Interventions, Afghanistan, NATO, Labor Legislation
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Obama, other G-8 leaders push economic growth over austerity
President Obama and leaders of the world’s other leading economies Saturday embraced a policy of growth over austerity in Europe as they met on the cloistered grounds of Camp David to talk about fending off a spread of the Eurozone crisis. The...
Tags: Summits, Angela Merkel, Camp David, Barack Obama, Productivity
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Obama expected to push for growth at G-8 summit
WASHINGTON — For months, President Obama has been urging his European allies to balance their zeal for spending cuts with policies to spur economic growth. His pleas have mostly been ignored. But now, as Obama prepares to host the Group of 8...
Tags: Greece, France, Globalization, G20, Angela Merkel
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Aid groups question Group of 8 plan to fight African hunger
World NowAid groups criticize G8 plan to recruit private investment to fight African hunger: A G8 plan to foster $3 billion in private sector investment in agricultural development in poor countries won a tepid welcome from humanitarian agencies Friday, who argued...
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May 19, 2012
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May 18, 2012
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May 18, 2012
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