G7 sets sights on urgent economic reform

ROME: The world's richest nations called Saturday for urgent reform of the global finance system and commitments to safeguard free trade as countries struggle with the worst economic crisis in decades. Italy's Finance Minister Giulio Tremonti called for a "new world economic order" as he wrapped up the crisis meeting of finance leaders from the Group of Seven leading economies over which he presided here. In a joint declaration, the G7 call .... Full Story