G7 positive on prospects for world economy

Global growth is on track despite risks from high oil prices and other threats, finance chiefs from the Group of Seven industrialized nations said Saturday 16 September.

The G7 also urged China to adopt more flexible currency policies and called for more action to combat terrorist financing and illicit activities by North Korea and Iran, U.S. Treasury Secretary Henry Paulson said.

"We should intensify our efforts against terrorist financing, money laundering and illicit finance - including the