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G8 sees economy still in peril, falters on climate
Reuters via Yahoo ^ | 7/08/09 | Darren Ennis and Krittivas Mukherjee

Posted on 07/08/2009 7:04:19 AM PDT by maggief

L'AQUILA, Italy (Reuters) – G8 leaders believe the world economy still faces "significant risks" and may need further help, according to summit draft documents that also suggest failure to agree climate change goals for 2050.

Progress on the environment was impeded by Chinese President Hu Jintao returning home due to unrest in northwestern China in which 156 people have died. Before he left, summit host Silvio Berlusconi spoke of Chinese "resistance" on climate goals.

Documents seen by Reuters before the G8 summit began on Wednesday cautioned that "significant risks remain to economic and financial stability" while "exit strategies" from pro-growth packages should be unwound only "once recovery is assured."

"Before there is talk of additional stimulus, I would urge all leaders to focus first on making sure the stimulus that has been announced actually gets delivered," Canadian Prime Minister Stephen Harper said.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Foreign Affairs; Government; News/Current Events
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1 posted on 07/08/2009 7:04:19 AM PDT by maggief
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To: maggief
[to summit draft documents that also suggest failure to agree climate change goals for 2050. ]
The idiot politicians and peoples who accept global warming theology are the biggest fools on the planet and should be totally ignored. The global warming scam is simply a foolish theory that demands society raise their own energy taxes, hogtie the economical principles of industrial growth and reduce consumption of unlimited world supply in order to increase government run projects that do absolutely nothing but destroy the economy.
And the communists overseas know it and correctly refuse it. Only American democrats and rino communists believe it. And stupid people who don't know the truth about the evil big government has always and will always do.
2 posted on 07/08/2009 7:23:25 AM PDT by kindred (Blessed be the LORD out of Zion, which dwelleth at Jerusalem... Ps.135:20)
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To: kindred

Without China’s participation (Hu left because of the riots in his country) there will be no deal reached on so-called global warming for which we can all be very grateful and thankful.


3 posted on 07/08/2009 7:41:42 AM PDT by Ev Reeman
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To: maggief

Let's all agree to change the climate.


4 posted on 07/08/2009 8:06:23 AM PDT by Jeff Chandler (The University of Notre Dame's motto: "Kill our unborn children? YES WE CAN!")
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To: maggief

Would anyone miss the G8 if it disappeared?


5 posted on 07/08/2009 8:53:18 AM PDT by Tublecane
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