Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Berlusconi: G8 may grow to G13

Oct 21 2008 15:37

Related Articles

Sarkozy calls for EU summit

G8 toothless as economy bites

'G8 moving us backwards'

'G8 shouldn't abandon Africa'

Zoellick: G8 must help with food

Mbeki: G8 must implement Nepad

 

Top Stories

Zuckerberg loses almost $2bn

May 21 2012 17:30

Mark Zuckerberg's fortune dwindled by nearly $2bn to $18.7bn within minutes as trading began again in Facebook shares – which promptly plunged by nearly $5.

Eskom worried about immediate supply

May 22 2012 12:20

Power utility Eskom is concerned about meeting peak power demand as winter sets in although the situation should improve by mid-June, says CEO Brian Dames.

A matter of numbers

May 22 2012 07:36

Are trade unions still relevant, asks Marc Ashton.

 
Share Share line Print

Naples - Italian Prime Minister Silvio Berlusconi said on Tuesday the Group of Eight major industrial nations would likely decide to enlarge the group and include the world's emerging economic powers.

During a speech in the southern Italian city of Naples, Berlusconi said it was "very likely" that the G8 would decide to invite India, China, Egypt, South Africa, Mexico and Brazil - the biggest emerging economies - to join them.

"I spoke about this yesterday (Monday) on the phone with (US President) George W Bush," said the Italian leader, whose country takes the helm of the G8 in January.

"The G8 would become the 'super G8'. We would be responsible for nurturing and guiding it during its first year," Berlusconi told a gathering of Italian employers.

He called institutions such as the International Monetary Fund and the World Bank "too bureaucratic."

Instead, he argued, "the G8 could become a forum which can deal better with current economic problems."

Some members of the G8 club, especially France and Germany, have pushed for including the five major emerging economies to create a G13. Besides Italy, the other G8 nations are Canada, Britain, Japan, Russia and the United States.

UN Secretary General Ban Ki-moon on Saturday expressed his "strong support" for an enlarged G8 summit as soon as possible on the global financial crisis, which French President Nicolas Sarkozy has also endorsed.

- AFP

 
 
Comment on this story
0 comments
Comments have been closed for this article.
Putting Facebook's flop under the microscope
May 22 2012 10:21

Antony Currie and Breakingviews columnists dissect what went wrong with the social network's IPO. (Reuters)

Sasha

"Why did Naspers drop so much yesterday? Because Tencent fell hard on the Facebook share price. I wouldn't be too worried. Many traders were banking on a big rerating in social media companies following the Facebook IPO, this is one of the reasons Tencent is up 35% this year. So yes, they have been... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...