On Thursday leaders at the G7 in Japan ignored a dire warning issued by Prime Minister Shinzo Abe about the perilous state of the global economy and the risk “of the re-emergence of a Lehman-scale crisis.” The collapse and bankruptcy of Lehman Brothers in 2008, at the time the fourth-largest U.S. investment bank, was the seminal event of the subprime financial crisis. Its implosion resulted in... 

US President Barack Obama has lashed out at his Russian counterpart Vladimir Putin, saying he is destroying the country’s economy in order to recreate the Soviet empire. During a speech to world leaders at the G7 summit in Germany, Obama attacked Putin over the Ukraine crisis. “Does he continue to wreck his country’s economy and continue Russia’s isolation in pursuit of a wrong-headed desire...