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A miner on strike stands in front of a burning barricade on the A-66 motorway, on the first day of a strike to protest the government's spending cuts in the mining sector, in Pola de Lena, near Oviedo, northern Spain, May 23, 2012. Spain's economy is contracting for the second time since late 2009 and four years of stagnation and recession have pushed unemployment above 24 percent, the highest rate in the European Union. REUTERS/Eloy Alonso

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Members of the U.S. Navy Blue Angels fly over the World Trade Center in lower Manhattan as part of the 25th annual Fleet Week celebration in New York, May 23, 2012. REUTERS/Eduardo Munoz

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Shreen Mohammad sits with other recruits during a military exercise at the Kabul Military Training Center (KMTC) in Kabul March 28, 2012. A landmark NATO summit in Chicago endorsed an exit strategy that calls for handing control of Afghanistan to its own security forces by the middle of next year but left questions unanswered about how to prevent a slide into chaos and a Taliban resurgence after allied troops are gone. Picture taken March 28, 2012. REUTERS/Omar Sobhani (AFGHANISTAN - Tags: POLITICS MILITARY SOCIETY) ATTENTION EDITORS: PICTURE 18 OF 27 FOR PACKAGE 'AFGHAN ARMY RECRUIT'

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Bush reaffirmed strong dlr support at G8: official

TOYAKO, Japan | Tue Jul 8, 2008 2:18am EDT

TOYAKO, Japan (Reuters) - U.S. President George W. Bush reaffirmed his support for a strong dollar during the Group of Eight summit, a U.S. official told reporters on Tuesday.

"The president of course reaffirmed his interest in a strong dollar, and his commitment to a strong dollar," said Dan Price, assistant to Bush for international economic affairs. "There was a general discussion of exchange rates."

Price also said significant advances had been made in the leaders' discussions about climate change.

"First there was agreement among the G8 that they should seek to share with the other parties to the U.N. convention a vision of a low-carbon society and with all the parties to the U.N. convention consider and adopt a goal of reducing emissions by at least 50 percent by 2050," he said.

"Second there was recognition by the G8 ... that all major economies, developed and developing, must commit to meaningful midterm mitigation actions," Price said.

(Reporting by Jeremy Pelofsky; Editing by Hugh Lawson)
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