{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='USA: SENIOR OFFICIALS FROM WORLD\u0026#39;S 7 RICHEST COUNTRIES ARE TO MEET' data-url='/boclips/videos/5c54bce3d8eafeecae12ff7f' data-video-url='/boclips/videos/5c54bce3d8eafeecae12ff7f' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nUSA: SENIOR OFFICIALS FROM WORLD\u0026#39;S 7 RICHEST COUNTRIES ARE TO MEET\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eEnglish/NatSenior officials from seven of the world's richest countries are heading into a meeting  this weekend nervously eyeing the dollar's strength on world currency markets.Currency exchange rates, as usual, will be on the agenda...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eEnglish/Nat\u003cbr/\u003eSenior officials from seven of the world's richest countries are heading into a meeting  this weekend nervously eyeing the dollar's strength on world currency markets.\u003cbr/\u003eCurrency exchange rates, as usual, will be on the agenda when Group of Seven officials  convene Sunday in Washington. \u003cbr/\u003eAnd the U-S is preparing to face pressure from Japan and Germany over the strong  dollar.\u003cbr/\u003eU-S Treasury Secretary Robert Rubin says the G-7 meeting is a time to set the  framework for encouraging growth and development of the world economy.\u003cbr/\u003eAt a press conference in Washington Friday, he outlined the U-S agenda for this  weekend's summit.\u003cbr/\u003eSOUNDBITE: (English)\u003cbr/\u003e\"An important focus for this meeting will be Japan's challenge in meeting its own stated  objective of domestic, demand-led growth without a significant increase in its current  account surplus.\"\u003cbr/\u003eSUPER CAPTION: Robert Rubin, U.S. Treasury Secretary\u003cbr/\u003eHe acknowledged that the U-S had seen tremendous economic and job growth over the  past four-and a-half years.\u003cbr/\u003eAnd delivered a letter from President Clinton to the Japanese prime minister expressing  concern over the high trade deficit with Japan.\u003cbr/\u003eBut Japan argues that the deficit won't be cut until the dollar and yen are more in line  with each other.\u003cbr/\u003eRubin says the U-S is as concerned as Japan about the weak yen.\u003cbr/\u003eSUPER CAPTION: (English)\u003cbr/\u003e\"With respect to Japan, I think the only comment I'd be prepared to make at this time is  one I've now made several times already, which is they have expressed a concern about  the weakness of their currency, and in response to that we have said we share their  concern.\"\u003cbr/\u003eSUPER CAPTION: Robert Rubin, U.S. Treasury Secretary\u003cbr/\u003eAt a White House news conference, President Clinton couldn't escape questions about  bringing Japanese trade and the dollar-yen rates into line.\u003cbr/\u003eSOUNDBITE: (English)\u003cbr/\u003e\"We do not want a weak dollar simply to preserve our trade position. But neither do we  want to throw exchanges out of wack.\"\u003cbr/\u003eSUPER CAPTION: Bill Clinton, U.S. President\u003cbr/\u003eJapanese Prime Minister Ryutaro Hashimoto did his best to avoid outlining his country's  goals, saying the matter should be left to the G-7 summit.\u003cbr/\u003eSOUNDBITE: (English)\u003cbr/\u003e\"We've indicated that we are concerned about this. And as far as the exchange rate is  concerned we believe that having  touched on this matter between ourselves it is more  proper to leave this matter to Secretary Rubin and Minister Mitizuka.\"\u003cbr/\u003eSUPER CAPTION: Ryutaro Hashimoto, Japanese Prime Minister\u003cbr/\u003eJapan says the U-S can't really complain about the trade deficit without addressing the  fact that the dollar has soared above the yen. \u003cbr/\u003eAs well as trade and the dollar, Rubin says the G-7 nations will also be discussing how  to bring greater economic growth to developing nations.\u003cbr/\u003eWashington DC, USA, 25 April 1997\u003cbr/\u003e1. Wide shot of U-S Treasury Secretary Robert Rubin at podium\u003cbr/\u003e2. Reporter\u003cbr/\u003e3. Media\u003cbr/\u003e4. SOUNDBITE: (English) Robert Rubin, U-S Treasury Secretary\u003cbr/\u003e5. Cutaway media\u003cbr/\u003e6. Rubin at podium\u003cbr/\u003e7. Cutaway reporter\u003cbr/\u003e8. SOUNDBITE: (English) Robert Rubin, U-S Treasury Secretary\u003cbr/\u003e9. Cutaway cameras\u003cbr/\u003e10. SOUNDBITE: (English) Bill Clinton, U-S President\u003cbr/\u003e11. Wide shot Clinton and Japanese Prime Minister Hashimoto\u003cbr/\u003e12. SOUNDBITE: (English) Ryutaro Hashimoto, Japanese Prime Minister \u003cbr/\u003e13. Dollar printing at U-S Treasury Department\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv class='rp-report'\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='resource-details-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='resource-details-heading'\u003eResource Details\u003c/h2\u003e\n\u003cdiv class='rp-resource-details clearfix'\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eCurator Rating\u003c/dt\u003e\n\u003cdd\u003e\u003cspan class=\"star-rating\" aria-label=\"3.5 out of 5 stars\" role=\"img\"\u003e\u003ci class=\"fa-solid fa-star text-action\" 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