G-8 Expected to Steer Aid to Egypt, Tunisia |
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May 24, 2011
Meeting for the first time since social unrest began roiling the Mideast and North Africa, the Group of Eight industrialized economies is set to agree this week to provide more support for countries in the region working to build democracies and market-oriented economies.
Meeting for the first time since social unrest began roiling the Mideast and North Africa, the Group of Eight industrialized economies is set to agree this week to provide more support for countries in the region working to build democracies and market-oriented economies. These and other concerns raised by the Mideast upheaval will be a key focus of leaders from the U.S., Canada, Japan, France, Germany, Britain, Italy and Russia when they gather for a summit in the seaside Normandy resort of Deauville, France, Thursday and Friday. The G-8 leaders are expected to unveil a package of political and financial economic assistance for Egypt and Tunisia, which toppled their decades-old despotic regimes earlier this year. The revolutions cleared the way for political reform, but left their economies battered and their new governments fragile.
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