Mike was all over the G7 this weekend, make sure you check out his posts, especially the first two I’ve listed here, they’ve got much of the important details summarized:
G7: Draghi says G7 did not call on central banks to do anymore than they already are to boost growth
G7 re-assured that Japan is not deliberately attempting to weaken yen
G7: Aso says there was no criticism of Japan’s monetary easing or weak yen
G7: UK’s Osborne says there is agreement on an “improved outlook” for global economy
Also, check out this article from Reuters: G7 to press on with bank reforms, Japan escapes censure
Group of Seven finance officials agreed on Saturday to redouble efforts to deal with failing banks and gave a green light to Japan’s drive to galvanise its economy.