News / Africa

G8 Leaders to Weigh Euro Crisis, Food Security

Members of an honor guard stand at attention at Camp David, Md. (file photo).Members of an honor guard stand at attention at Camp David, Md. (file photo).
x
Members of an honor guard stand at attention at Camp David, Md. (file photo).
Members of an honor guard stand at attention at Camp David, Md. (file photo).

Multimedia

Audio
TEXT SIZE - +
Joe DeCapua
Global economic recovery and food security are expected to be major topics at this weekend’s G8 summit. Leaders will gather at a short, scaled-down version of their annual meeting at Camp David in Maryland.

De Capua report on Camp David G8 summit
De Capua report on Camp David G8 summiti
|| 0:00:00
...
 
🔇
X

John Kirton, co-founder of the G8 Research Group, said the summit may be brief, but also significant.

“The G7 leaders, together with Dmitry Medvedev from Russia, will be meeting to deal with the latest eruption of the Euro crisis coming out of the elections in Greece and of course the election in France that put into power Francois Hollande from the Socialist Party,” he said.

The election results have been viewed as voters expressing anger over austerity measures put in place during the global recession. The Euro crisis, and especially Greece’s economic woes, have affected financial markets around the world and threaten to slow economic recovery.

Kirton said, “What the G8 leaders are going to have to do is really sit down for the first time with President Hollande – many of the leaders are meeting him for the first time – and say, look, just how much flexibility do you have to move away from your campaign promises and work with us to come up with a credible strategy that will convince voters, convince markets, that finally Europe will stave off the markets attacking it’s bonds?”

A strategy, Kirton said, that must deal with both debt and economic growth.

However, how far can Hollande go without breaking his campaign promises to concentrate on growth rather than austerity? He succeeded Nicolas Sarkozy, who had a close working relationship with German leader Angela Merkel.

:We’ve already seen from his meeting with Angela Merkel of Germany that she has signaled some flexibility. Hollande has shown a real desire to work with Germany, and then to have a united front that they can take to the very traumatized people in Greece to find a solution to the current crisis that everyone faces,” he said.

But while economics may dominate the G8 summit, Kirton says the recurring issue of food security will also be addressed. President Obama has invited African leaders from Benin, Ethiopia, Ghana and Tanzania to discuss the matter.

“Well, I think they’ll get their full share of what is a very short summit, so several hours. The African leaders have been brought in just to deal with the food security issue. And of course they’ll be showing that dialogue respectively with leaders of private sector corporations, who have been also on the forefront of meeting the food security challenges in Africa [in] a new way,” he said.

The African leaders are expected to explain how home-grown programs are helping to ensure their countries’ food security.

In 2009, at the L’Aquila Summit in Italy, leaders, led by President Obama, pledged $22 billion for agricultural investment. Kirton doubts a similar initiative will be approved this time. Instead, he says, G8 leaders could support local African initiatives, while following through on their L’Aquila commitment.

“So the job of the Camp David Summit,” said Kirton, “is to make sure that that promise made has now been a promise kept and then to turn to the task of accountability. Have all the countries actually delivered the money? Is it being disbursed? Is it being disbursed to the intended recipient? Is it being disbursed in the proper way and in a way that actually works to produce the intended results?”

Many humanitarian groups are calling on the G8 to renew its commitment to food security to reduce hunger and poverty – and to achieve the Millennium Development Goals, which come due in 2015.

You May Like

Abuja Blast Impacts Lives, Livelihoods

Officials say they are looking at ways to help bombing victims and boosting security More

Cambodia Technology Adviser Criticizes Cybercrime Draft Law

Phu Leewood says current criminal code can be used to prosecute offenders and that there is no need for a separate law More

Photogallery A Year Later, Boston Remembers Deadly Marathon Bombings

City pauses to honor victims and salute emergency workers who came to their assistance in frantic moments after blasts More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Google Buys Drone Companyi
|| 0:00:00
...
 
🔇
X
George Putic
April 15, 2014
In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
Video

Video Google Buys Drone Company

In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
Video

Video Ray Bonneville Sings the Blues and More on New CD

Singer/songwriter Ray Bonneville has released a new CD called “Easy Gone” with music that reflects his musical and personal journey from French-speaking Canada to his current home in Austin,Texas. The eclectic artist’s fan base extends from Texas to various parts of North America and Europe. VOA’s Greg Flakus reports from Austin.
Video

Video Millions Labor in Pakistan's Informal Economy

The World Bank says that in Pakistan, roughly 70 percent work in the so-called informal sector, a part of the economy that is unregulated and untaxed. VOA's Sharon Behn reports from Islamabad on how the informal sector impact's the Pakistani economy.
Video

Video Passover Celebrates Liberation from Bondage

Jewish people around the world are celebrating Passover, a commemoration of their liberation from slavery in Egypt more than 3,300 years ago. According to scripture, God helped the Jews, led by Moses, escape bondage in Egypt and cross the Red Sea into the desert. Zlatica Hoke reports that the story of the Jewish Exodus resonates with other people trying to escape slave-like conditions.
Video

Video Police Pursue Hate Crime Charges Against Kansas Shooting Suspect

Prosecutors are sifting through the evidence in the wake of Sunday’s shootings in a suburb of Kansas City, Missouri that left three people dead. A suspect in the shootings taken into custody is a white supremacist. As VOA’s Kane Farabaugh reports, he was well-known to law enforcement agencies and human rights groups alike.
Video

Video In Eastern Ukraine, Pro-unity Activists Emerge from Shadows

Amid the pro-Russian uprisings in eastern Ukraine, there is a large body of activists who support Ukrainian unity and reject Russian intervention. Their activities have remained largely underground, but they are preparing to take on their pro-Moscow opponents, as Henry Ridgwell reports from the eastern city of Donetsk.
Video

Video Basket Maker’s Skills Have World Reach

A prestigious craft show in the U.S. capital offers one-of-a-kind creations by more than 120 artists working in a variety of media. As VOA’s Julie Taboh reports from Washington, one artist lucky enough to be selected says sharing her skills with women overseas is just as significant.
Video

Video UN Report Urges Speedier Action to Avoid Climate Disaster

A new United Nations report says the world must switch from fossil fuels to cleaner energy sources to control the effects of climate change. The Intergovernmental Panel on Climate Change released the report (Sunday) following a meeting of scientists and government representatives in Berlin. The comprehensive review follows two recent IPCC reports that detail the certainty of climate change, its impacts and in this most recent report what to do about it. VOA’s Rosanne Skirble has the details.
AppleAndroid