This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.

You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/business/7492451.stm

The article has changed 4 times. There is an RSS feed of changes available.

Version 0 Version 1
Rising costs to dominate G8 talks Rising costs to dominate G8 talks
(about 2 hours later)
Rising food and fuel prices are set to top the agenda for leaders of the world's major industrialised nations as they start a key summit in Japan. Rising food and fuel prices are topping the agenda for leaders of the world's major industrialised nations as they start a three-day summit in Japan.
The hosts had hoped climate change would be a top issue at the meeting of the Group of Eight (G8) nations but the global economy is sure to dominate. Group of Eight (G8) leaders held talks with African leaders on the first day.
At the opening lunch, African leaders will set out the effect price rises are having on the world's poorest people. Food prices are worsening the problems of poverty in Africa while G8 leaders are being accused of going back on their promises to provide extra aid.
The summit is also expected to tackle the difficult issue of Zimbabwe. UK Prime Minister Gordon Brown is expected to call for a doubling of food production in Africa.
Food focusFood focus
The G8 summit has opened at a resort on the northern island of Hokkaido.The G8 summit has opened at a resort on the northern island of Hokkaido.
Leaders from member nations - Britain, Canada, France, Germany, Italy, Japan, Russia and the United States - will be joined by counterparts from some 15 other countries, including eight African states.Leaders from member nations - Britain, Canada, France, Germany, Italy, Japan, Russia and the United States - will be joined by counterparts from some 15 other countries, including eight African states.
Japan has spent a record sum of money and deployed about 20,000 police to seal off the remote lakeside town of Toyako for the three-day talks. class="" href="/1/hi/business/7489312.stm">Focus on food, fuel and finance class="" href="/1/hi/world/asia-pacific/7492089.stm">Japanese island locks down class="" href="/1/hi/world/7492576.stm">Charity in sanitation plea Japan has spent a record sum of money and deployed about 20,000 police to seal off the remote lakeside town of Toyako for the three-day talks.
Focus on food, fuel and financeJapanese island locks downCharity in sanitation plea
The impact on the global economy of price rises and other shocks such as the credit crunch have eclipsed other concerns, correspondents say.The impact on the global economy of price rises and other shocks such as the credit crunch have eclipsed other concerns, correspondents say.
The BBC's political editor, Nick Robinson, who is travelling to the summit with the UK prime minister, says Gordon Brown will join other leaders in calling for the doubling of food production in Africa. The BBC's political editor, Nick Robinson, who travelled to the summit with the UK prime minister, says Gordon Brown will join other leaders in calling for the doubling of food production in Africa.
Our correspondent says the G8 may call for the creation of a panel of international experts to advise on how to predict and hopefully avoid another crisis like this. Our correspondent says the G8 may call for the creation of a panel of international experts to advise on how to predict and avoid another crisis like this.
The EU has already been spelling out plans to alleviate the food crisis.The EU has already been spelling out plans to alleviate the food crisis.
European Commission President Jose Manuel Barroso told reporters on the sidelines of the summit the proposed 1bn euro ($1.6bn, $800m) fund to help poor farmers in developing countries would come from unused EU subsidies. The best way to help the impoverished around the world is through trade US President George W Bush class="" href="/1/hi/world/africa/7489993.stm">G8 summit: The key issues class="" href="/1/hi/world/africa/7490775.stm">Action urged on childbirth deaths European Commission President Jose Manuel Barroso told reporters on the sidelines of the summit that the proposed 1bn euro ($1.6bn, £800m) fund to help poor farmers in developing countries would come from unused EU subsidies.
The best way to help the impoverished around the world is through trade US President George W Bush G8 summit: The key issuesAction urged on childbirth deaths
It could help improve farmers' access to seeds and fertilisers, and could provide "safety net measures for the most vulnerable", he said.It could help improve farmers' access to seeds and fertilisers, and could provide "safety net measures for the most vulnerable", he said.
The G8 leaders may also face tough questions on aid commitments to Africa. The G8 leaders may also face tough questions on aid commitments to Africa. Three years ago they promised to double aid to the continent by 2010 - but campaigners say they are falling far short of that target.
Three years ago they promised to double aid to the continent by 2010 - but campaigners say they are falling far short of that target. Zimbabwe election
As well as discussing development issues in Africa, the G8 leaders are widely expected to condemn Robert Mugabe's controversial re-election in Zimbabwe last month. As well as discussing development issues in Africa, the G8 leaders have been discussing Robert Mugabe's controversial re-election in Zimbabwe last month.
As he headed to the summit, UN chief Ban Ki-moon said he would discuss the crisis with African leaders there. US President George Bush said, "I am extremely disappointed in the elections which I labelled a sham election."
Zimbabwe's political parties should "work out an arrangement so that they can really bring back democratic rules, the rule of law and peace and stability in their country", he told the French news agency AFP. Tanzanian President Jakaya Kikwete who is also head of the African Union said the whole continent shared President Bush's concerns but that there was some disagreement about what to do about it.
President Kikwete called for a unity government, said discussions would continue and was optimistic that, "as friends at the end of the day we'll come to an understanding".
Malaysia summitMalaysia summit
A number of other bilateral meetings are taking place on the sidelines of the summit.A number of other bilateral meetings are taking place on the sidelines of the summit.
Mr Bush, attending his last G8 summit, and Russian President Dmitry Medvedev, attending his first, made little progress on the issue of the US plan for missile defence installations in the Czech Republic and Poland.Mr Bush, attending his last G8 summit, and Russian President Dmitry Medvedev, attending his first, made little progress on the issue of the US plan for missile defence installations in the Czech Republic and Poland.
HAVE YOUR SAY Why not talk about stopping the wars in the world, as most of the G8 countries manufacture and supply the weapons Geoff Berry, Bolton, UKSend us your commentsHAVE YOUR SAY Why not talk about stopping the wars in the world, as most of the G8 countries manufacture and supply the weapons Geoff Berry, Bolton, UKSend us your comments
The two leaders instead cited areas where they had found common ground: preventing Iran from obtaining nuclear weapons and ending North Korea's nuclear weapons programme.The two leaders instead cited areas where they had found common ground: preventing Iran from obtaining nuclear weapons and ending North Korea's nuclear weapons programme.
Mr Brown will also have talks with Mr Medvedev.Mr Brown will also have talks with Mr Medvedev.
Meanwhile, the charity Water Aid has told the G8 that the single most effective measure it could take to prevent the deaths of millions of children in poor countries would be to build toilets and provide clean water.Meanwhile, the charity Water Aid has told the G8 that the single most effective measure it could take to prevent the deaths of millions of children in poor countries would be to build toilets and provide clean water.
Hundreds of protesters again marched through Sapporo on Sunday, the city closest to the venue, on the eve of the talks to demand G8 leaders take action on global warming, poverty and rising food prices. Hundreds of protesters again marched through Sapporo on Sunday, the city closest to the venue, to demand G8 leaders take action on global warming, poverty and rising food prices.
The demonstration, which followed a similar protest on Saturday, was heavily policed and ended peacefully.The demonstration, which followed a similar protest on Saturday, was heavily policed and ended peacefully.
Violent anti-globalisation marches have marred past G8 meetings.Violent anti-globalisation marches have marred past G8 meetings.
As the G8 got under way in Japan, leaders of the world's largest Islamic nations assembled for what is being billed as the D8 summit in Malaysia's capital, Kuala Lumpur, with the issue of inflation high on the agenda there. As the G8 got under way in Japan, leaders of the world's largest Islamic nations assembled for what is being billed as the D8 summit in Malaysia's capital, Kuala Lumpur, with the issue of inflation also high on the agenda there.