波多野结衣办公室双飞_制服 丝袜 综合 日韩 欧美_网站永久看片免费_欧美一级片在线免费观看_免费视频91蜜桃_精产国品一区二区三区_97超碰免费在线观看_欧美做受喷浆在线观看_国产熟妇搡bbbb搡bbbb_麻豆精品国产传媒

  Home>News Center>World
         
 

G-7: Higher oil prices are a headwind
(Agencies)
Updated: 2005-04-17 09:46

WASHINGTON - Amid fresh jitters from Wall Street, finance officials from the world's industrial powers said Saturday surging oil prices could crimp the economy and they pledged to limit the fallout.

An intense discussion of the energy situation dominated the meeting attended by representatives from the United States, Japan, Germany, France, Britain, Italy and Canada.

"Higher oil prices are a headwind" and the global economic expansion "is less balanced than before," the finance officials said in a joint statement. They urged producers to increase energy supplies and said countries should conserve more.

World Bank President James D. Wolfensohn, right, International Monetary Fund Managing Director Rodrigo de Rato, second right, European Union Central Bank Governor Jean-Claude Trichet, third right, Federal Reserve Chairman Alan Greenspan, left, and US Treasury Secretary John Snow, second left, listen to opening statements at the start of the G-7 ministerial meeting, Saturday, April 16, 2005, in Washington. (AP
World Bank President James D. Wolfensohn, right, International Monetary Fund Managing Director Rodrigo de Rato, second right, European Union Central Bank Governor Jean-Claude Trichet, third right, Federal Reserve Chairman Alan Greenspan, left, and US Treasury Secretary John Snow, second left, listen to opening statements at the start of the G-7 ministerial meeting, Saturday, April 16, 2005, in Washington. [AP]
The Group of Seven countries endorsed more timely and accurate information about the oil market, which officials said could help control price fluctuations and make companies more willing to expand production.

The statement underscored finance officials' resolve to deal with the energy situation and reassure financial markets that the G-7 is on top of the matter.

The private talks a few blocks from the White House followed Wall Street's worst session in nearly two years. The Dow Jones industrials plunged 191 points on Friday as investors worried about high oil prices and the strength of U.S. economic activity.

In addition to the G-7 discussions, the 184-nation International Monetary Fund and World Bank were holding meetings this weekend.

At a news conference wrapping up the IMF's policy-setting committee, British Chancellor of the Exchequer Gordon Brown said concerns about surging oil prices also figured prominently in their discussions.

The IMF panel concluded that efforts need to be made to boost supplies, including greater use of alternative energy sources. "We recognize that the volatility of oil prices and particularly the high level in recent months could have a damaging effect on growth," Brown said. "We do believe there are measures that can be taken to make for a more efficient oil market."

U.N. Secretary-General Kofi Annan told international finance officials Saturday evening that developing countries could be encouraged to support efforts to prevent terrorism and nuclear proliferation if they received support from rich nations for more assistance and a greater voice in global affairs.

"Developing countries are more likely to support those vital and human rights objectives if they see that donor countries are willing to make greater effort for development and to give them a stronger voice in global economic governance," Annan said in prepared remarks.

Under tight security, several hundred people pressed for greater debt relief for impoverished countries and voiced opposition to the selection of Paul Wolfowitz, deputy defense secretary and an architect of the Iraq war, to run the World Bank. He starts on June 1.

The G-7 statement endorsed the goal of fully canceling debt for such countries. But officials have yet to resolve differences between competing plans from the United States and Britain.

"Once more the G-7 have chosen delay," said Jonathan Hepburn, policy adviser for Oxfam International, a supporter of expanded debt relief.

The Bush administration also used the G-7 meeting as an opportunity to pressure China to overhaul its currency system. The finance officials advocated "flexibility in exchange rates" — the phrase they have used before to prod China.

The United States wants China to stop directly linking the yuan to the dollar. Treasury Secretary John Snow said it was now time to act. "The next step is to do it," he said, rejecting claims by Beijing that it is not ready for the switch.

The administration has come under fire from members of Congress and U.S. manufacturers to take a tough line against China. Critics contend China's currency system hurts U.S. exports and has contributed to the loss of millions of jobs in American factories.

France's finance minister, Thierry Breton, said that in the G-7 group's discussion, "it was clear that the yuan is undervalued and there was a consensus that China has to address this."

Chinese finance officials accepted invitations to attend the two previous G-7 meetings. But they skipped this session, an apparent signal they did not want to be lobbied more intensely on the currency issue.

Energy prices were a concern at the last G-7 meeting in February and the one before that, but little action has resulted.

Snow acknowledged that G-7 statement itself "won't do much about the fundamentals for demand and supply of oil." But he said the statement should signal to the financial community that "the G-7 is monitoring the situation."

In the United States, oil prices surged to an all-time high of $57.27 a barrel at the beginning of April. They hovered above $50 on Friday.

"These energy prices are too high. ... They call out for action," Snow said.

Snow urged Congress to pass President Bush's stalled energy bill, which would open an Alaskan wildlife refuge to oil exploration. Bush used his Saturday radio address to make the same point, saying U.S. families and small businesses are feeling the pinch from rising gasoline prices.

"Oil prices pose the biggest growth risk at the moment," said Germany's finance minister, Hans Eichel. "Prices are high and volatile" which produces "an element of insecurity."

For now, energy prices are expected to slow economic growth modestly this year in the United States and elsewhere. "The outlook continues to point to solid growth for 2005," the finance officials said in their statement.

Still, they stressed the need for the United States to address its surging budget deficit and for Europe and Japan to deal with workplace barriers that are restricting economic growth. "Vigorous action is needed to address global imbalances and foster growth," they said.



 
  Today's Top News     Top World News
 

Iraq's Sunni militants take 100 Shiites hostage

 

   
 

China assures Japan, secures missions

 

   
 

EU fails to reach deal on lifting arms ban

 

   
 

G-7: Higher oil prices are a headwind

 

   
 

China becomes world's 3rd largest exporter

 

   
 

Chinese anxious to visit land down under

 

   
  Iraq's Sunni militants take 100 Shiites hostage
   
  World officials to confront economic woes
   
  Sunni cleric urges insurgents' pardon
   
  DCF: Terri Schiavo not abused, exploited
   
  Ecuador supreme court fired, quito in emergency
   
  Paris hotel fire kills 20, half of them children
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  Are the Republicans exploiting the memory of 9/11?  
Advertisement
         
波多野结衣办公室双飞_制服 丝袜 综合 日韩 欧美_网站永久看片免费_欧美一级片在线免费观看_免费视频91蜜桃_精产国品一区二区三区_97超碰免费在线观看_欧美做受喷浆在线观看_国产熟妇搡bbbb搡bbbb_麻豆精品国产传媒
欧美一区二区免费观在线| 亚洲视频你懂的| 亚洲一区av在线| www.视频一区| 99成人在线观看| 欧美精品一区二区三区在线播放 | 女同性恋一区二区三区| 欧美亚洲图片小说| 亚洲视频免费在线观看| av成人免费在线观看| 色综合天天综合网天天狠天天 | 天堂资源在线视频| 久久久久久97三级| 国精产品一区一区三区mba视频| 白白色免费视频| 精品久久久久99| 日韩二区三区四区| 国产麻豆天美果冻无码视频| 日韩欧美中文一区二区| 日本亚洲免费观看| 瑟瑟视频在线观看| 2020日本不卡一区二区视频| 久久国产精品99精品国产| 色一情一交一乱一区二区三区| 精品日韩一区二区三区免费视频| 日本一区中文字幕| 91在线无精精品白丝| 国产网红主播福利一区二区| 国产精品亚洲一区二区三区在线| 成人黄色短视频| 国产精品理论片在线观看| 成人网在线播放| 91成人看片片| 亚洲成a人片在线不卡一二三区| 黄色性视频网站| 精品国产在天天线2019| 国产一区二区影院| 欧美日韩午夜视频| 亚洲久草在线视频| 黄色av网址在线观看| 精品国产乱码久久久久久老虎| 韩国中文字幕2020精品| 精品国产欧美日韩不卡在线观看| 亚洲免费在线观看| 国产美女视频免费观看下载软件| 精品999在线播放| 国产91丝袜在线播放九色| 色8久久人人97超碰香蕉987| 亚洲国产精品人人做人人爽| 在线免费观看日韩av| 国产视频一区二区在线观看| 99国内精品久久| 91精品国产综合久久香蕉麻豆| 久久精品免费看| 国产一二三区精品| 亚洲一级二级三级| 国产一区二区三区精品在线| 中文字幕一区在线观看视频| 蜜桃视频无码区在线观看| 欧美一二三区在线观看| 国产在线视频精品一区| 日本乱人伦aⅴ精品| 日韩国产欧美在线播放| 国产wwwwxxxx| 亚洲444eee在线观看| 91精品久久久久久久久久久久| 亚洲视频在线观看三级| 欧美成人三级伦在线观看| 国产色婷婷亚洲99精品小说| 91天堂素人约啪| 日韩精品专区在线| av成人免费在线| 精品国产乱码久久久久久蜜臀 | 国产成人精品www牛牛影视| 欧美午夜精品一区| 精品一区免费av| 欧美色老头old∨ideo| 麻豆精品一区二区av白丝在线| 四虎免费在线视频| 日本中文字幕一区| 日本韩国欧美在线| 久久99久久久欧美国产| 欧美亚洲一区二区在线| 国产酒店精品激情| 6080国产精品一区二区| 国产成人亚洲综合a∨猫咪| 91精品国产全国免费观看 | 日本成人免费视频| 亚洲国产精品影院| 东方av正在进入| 免费欧美在线视频| 欧美亚洲国产一区二区三区| 国产精一区二区三区| 欧美一区二区三区免费大片 | 久久久影院官网| 久久久久亚洲AV成人网人人小说| 亚洲国产精品ⅴa在线观看| 三叶草欧洲码在线| 一区二区三区精密机械公司| 91麻豆精品久久毛片一级| 麻豆一区二区三区| 欧美猛男男办公室激情| 99久久精品费精品国产一区二区| 久久新电视剧免费观看| 性欧美丰满熟妇xxxx性久久久| 亚洲精品视频免费看| 日韩亚洲欧美中文字幕| 久久99精品久久久久久动态图| 欧美日本在线一区| 91在线精品一区二区| 欧美激情一区在线观看| 久久亚洲无码视频| 蜜桃在线一区二区三区| 欧美日韩aaa| 国产老头和老头xxxx×| 亚洲三级在线看| 国产稀缺精品盗摄盗拍| 国产精品18久久久久久久久久久久 | 欧美mv日韩mv国产网站| 又黄又爽的网站| 亚洲午夜在线视频| 在线观看亚洲一区| 成人av网站在线观看| 国产精品久久毛片av大全日韩| 日本爱爱爱视频| 奇米精品一区二区三区在线观看一| 欧美精品色综合| 性折磨bdsm欧美激情另类| 亚洲猫色日本管| 色婷婷综合激情| www.色精品| 中文字幕亚洲视频| 538任你躁在线精品视频网站| 国产成人精品亚洲日本在线桃色 | 99久久国产精| 秋霞国产午夜精品免费视频| 欧美疯狂做受xxxx富婆| v天堂中文在线| 日本视频免费一区| 日韩久久精品一区| 91麻豆精品国产91久久综合| 国产在线精品一区二区不卡了| 久久婷婷一区二区三区| 日日操免费视频| 国产盗摄女厕一区二区三区| 国产精品不卡在线| 色婷婷av一区二区| 男男受被啪到高潮自述| 亚洲一区二区三区四区五区中文| 欧美日韩aaaaaa| 在线免费观看黄色小视频| 久久99精品久久久| 国产女同互慰高潮91漫画| 中文字幕电影av| 91一区一区三区| 亚洲一二三四久久| 欧美成人一区二区三区| 日韩一级av毛片| 欧美福利视频一区| 中文字幕在线视频播放| 蜜桃在线一区二区三区| 中文字幕免费不卡在线| 色美美综合视频| 亚洲啪av永久无码精品放毛片| 日本va欧美va瓶| 国产欧美日韩综合精品一区二区| 日韩a级片在线观看| 师生出轨h灌满了1v1| 免费在线看成人av| 国产欧美日本一区二区三区| 色欧美日韩亚洲| 亚洲天堂av网站| 精品无人区卡一卡二卡三乱码免费卡 | 久久av一区二区三| 欧美bbbbb| 中文字幕精品在线不卡| 欧美熟乱第一页| 国产小视频自拍| av一二三不卡影片| 丝袜美腿亚洲色图| 欧美韩国日本综合| 欧美日韩一二区| 亚洲欧美va天堂人熟伦| 91免费观看在线| 蜜桃久久久久久| ●精品国产综合乱码久久久久| 欧美精品日韩精品| 欧美视频一区二区在线| 一级黄色片毛片| 国产激情精品久久久第一区二区| 亚洲精品精品亚洲| 2024国产精品| 欧美色综合网站| 亚洲色图欧美色| 国产精品欧美性爱| 国产精品系列在线播放| 亚洲高清免费视频| 国产精品三级av在线播放| 欧美一区二区三级| 色哟哟一区二区|