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G7 Summit in Japan to begin today

On Wednesday night, Abe met Obama for talks dominated by the arrest of a US military base civilian worker in connection with the killing of a young woman on Japan’s southern Okinawa island, reluctant host to the bulk of the USA military in Japan.

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His comments were made to reporters on the sidelines of a G7 summit in Shima, central Japan.

A sensitive topic of discussion at the summit will be China’s claims over the South China Sea, which has become a source of tension between China, the U.S., and some other regional countries also laying claims to areas in the sea.

China’s state-run Xinhua news agency told the G7 to keep out of its affairs.

Abe is chairing the summit. The US President also referred to North Korea, saying the country was a “big worry for all of us”.

Echoing Obama, Kawamura said countries are concerned about freedom of navigation and overflight in the region.

Obama arrived in Japan on Wednesday and had an evening meeting with Abe.

However, Germany in particular is opposed to the stimulus-driven approach, which Chancellor Angela rejected during a visit by the Japanese premier to Berlin earlier this month.

Abe showed his fellow leaders data charting a 55% drop in global commodity prices between June 2014 and January 2016.

Lehman had been Wall Street’s fourth-largest investment bank when it filed for Chapter 11 protection on 11 September 2008, making its bankruptcy by far the biggest in U.S. history.

During the talks, Abe compared the current global economic situation to conditions just before the 2008 financial crisis. French President Francois Hollande, second right, is welcomed by a Shinto priest as he walks on the Ujibashi bridge while visiting Ise Grand Shrine in Ise, Mie prefecture, Japan, May 26, 2016, ahead of the first session.

Leaders are also expected to promote a combination of monetary, fiscal and structural policies to enhance growth in their respective countries. Critics say he is catering to a conservative base that wants to put religion back in politics and revive traditional values.

The G7 nations, which include the U.S., Canada, Britain, Italy, Germany, France and Japan, will be discussing wide-ranging issues, with prime focus on state of global economy, writes the BBC.

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On Wednesday night, Abe met Obama for talks dominated by the arrest of a US military base civilian worker in connection with the killing of a young woman on Japan’s Okinawa island, reluctant host to the bulk of the USA military in Japan. After the summit ends on Friday, Obama plans to visit the peace park in Hiroshima, becoming the first sitting USA president to visit the city on which the US dropped an atomic bomb in 1945 in the closing days of World War II.

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