G7 leaders pledge collective action on sagging global growth

Japanese Prime Minsiter Shinzo Abe, foreground center left, and US President Barack Obama, foreground center right, smile at photographers with other leaders of Group of Seven industrial nations, clockwise from left, French President Francois Hollande, British Prime Minister David Cameron, Canadian Prime Minister Justin Trudeau, European Commission President Jean-Claude Juncker, European Council President Donald Tusk, Italian Prime Minister Matteo Renzi and German Chancellor Angela Merkel, at the start of the second working session of the G-7 summit meetings in Shima, Mie Prefecture, Japan, Thursday, May 26, 2016. AP

ISE, Japan — The leaders of the Group of Seven advanced economies have pledged to “collectively tackle” major risks to global growth, including direct political threats to the international order from terrorist attacks, violent extremism and refugee flows.

G-7 leaders wrapped up their annual summit Friday with a declaration that claimed a “special responsibility” for leading international efforts to cope with those challenges.

They committed to a cooperative approach in beefing up policies to stimulate and sustain growth of their sluggish economies with use of flexible spending strategies to create jobs and shore up confidence in uncertain times.

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