Pacific Views

Washington's economic wizardry.

The G7 nations are the latest to pay tribute to Dubya's masterful handling of the US economy:

World financial leaders meeting in Florida face the tough job on Saturday of agreeing on wording on foreign exchange amid worries the U.S. dollar's steady slide could spin out of control.

While comforted by the sharp recovery of the global economy over the past six months, many of the finance chiefs and central bankers from the Group of Seven club of wealthy nations are anxious about the potential currency fallout from huge U.S. trade and budget deficits.

Via Reuters.