Thursday, July 9, 2009

G-8 Summit

World emerging economies agree on warming limit, fail on emission cut pledge

Xinhua — Leaders from the world emerging economies agreed on Thursday to limit the global warming to within 2 degrees Celsius above pre-industrial levels, but they failed to hammer out more substantial targets of cutting greenhouse gas emissions.
"We recognize the scientific view that the increase in global average temperature above pre-industrial levels ought not to exceed 2 degrees Celsius," the leaders said in a declaration after a meeting under the format of Major Economies Forum (MEF), which brought together 17 nations including the Group of Eight (G8) industrialized countries and five emerging economies including India, China, Brazil, Mexico and South Africa.
click to read complete article
Developing Nations Challenge G-8 on Dollar, Climate, Power

Bloomberg — Leaders of developing nations challenged the hegemony of the U.S. dollar, balked at the industrial world’s strategy for fighting climate change and sought more clout in global markets and institutions.
Five countries with almost half the world’s population -- China, India, Brazil, Mexico and South Africa -- demanded a greater stake in the management of the global economy, signaling the drift in power away from the financially wracked West.
click to read complete article
Spouses of G8 leaders tour L'Aquila earthquake rubble

Guardian UK — Michelle Obama shook her head in sorrow and disbelief. Sarah Brown picked her way through the rubble with her friend Margarita Zavala from Mexico, who had her own memories of the earthquake that devastated her country in 1985. For the spouses of the G8 leaders, it was an opportunity to see for themselves the physical damage and human cost of the earthquake centred on L'Aquila in April that left 303 people dead and 50,000 homeless.
The brief tour passed near the damaged cathedral and the 18th century Chiesa delle Anime Sante, whose cupola has all but collapsed.
click to read complete article

No comments:

Post a Comment