G 8 Finance Ministers meet on price control

G 8 Finance Ministers meet on price control Finance ministers from the Group of Eight nations, Britain, Canada, France, Germany, Italy, Japan, Russia and the U.S. were wrapping up talks, struggling to wrestle with soaring global prices of almost everything from oil to grain.
The agenda for the talks, which began Friday, have spanned a range of issues, including troubled financial markets and helping developing nations fight global warming.
The ministers from the industrialized nations also were mapping out an agenda for a G-8 summit next month in northern Hokkaido.
Oil prices, reaching nearly US$140 a barrel last week, and a possible food crisis caused by a jump in the prices of corn, wheat, rice, soybeans and other products are among the problems tackled at the sessions in this western Japanese city of Osaka.


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