Obama Said to Tell G-7 Leaders Strong Dollar Poses a Problem
By Helene Fouquet
Bloomberg News
Monday, June 8, 2015
President Barack Obama told fellow Group of Seven leaders that the strong dollar is a problem, according to a French official with knowledge of the talks.
Geopolitical risks including Greece create volatility on financial markets, affecting interest rates and currencies, the official told reporters at the G-7 summit in southern Germany on Monday. In that context, Obama said that the strong dollar posed a problem, according to the official, who asked not to be named because the discussions were private. ...
... For the remainder of the report:
http://www.bloomberg.com/news/articles/2015-06-08/obama-said-to-tell-g-7... [1]
* * *
White House Denies Obama Said Strong Dollar a Problem
By Jeff Mason and Noah Barkin
Reuters
Monday, June 8, 2015
A senior U.S. official denied today news wire report that President Barack Obama had told a Group of Seven industrial nations' summit that the strong dollar was a problem.
Bloomberg News earlier quoted a French official as saying Obama had made the comment.
"The president did not state that the strong dollar was a problem," the U.S. official said. ...
... For the remainder of the report:
http://www.reuters.com/article/2015/06/08/us-g7-summit-obama-dollar-idUS... [2]
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