The leaders from the world's seven leading industrial countries and Russia are to open shortly the G-8 summit on the Japanese island of Hokkaido.
At the centre of talks during the three-day summit at the Toyako resort will be global warming and a stagnating global economy that is being further weakened by turbulent financial markets and fast rising commodity prices. In pre-summit talks, Japanese Prime Minister Yasuo Fukuda said he and US President George W. Bush agreed that urgent efforts are needed to tackle surging oil and food prices. German Chancellor Angela Merkel said the G-8 leaders would agree on steps to stem the soaring price of food and to guarantee supplies.
(Deutsche Welle)
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