G7 countries need more structural reform, less austerity, Japan says

Leading advanced economies must pursue structural reforms and expansionary budget policies to stimulate global growth, according to Japanese Prime Minister Shinzo Abe, whose country will host the next Group of Seven (G7) summit this month.

Rome, Paris present ambitious plans to secure 2024 Olympics

Rome and Paris unveiled their competing bids to secure the 2024 summer Olympic Games on Wednesday, with both European capitals promising to draw on their cultural legacies and iconic sites in their multi-billion euro plans.