Warming Up for Williamsburg

Despite a debate over floating currencies, the Big Seven vow cooperation

With its picket fences, modest cottages and colonial-era ambience, Williamsburg, Va., could hardly offer a greater contrast to the regal grandeur and formality of Louis XIV's palace at Versailles. The heads of government from the Big Seven industrial nations* are hoping that the outcome of their ninth annual economic summit, to be held in Williamsburg at the end of this month, will be equally different. Last year's summit in Versailles degenerated into bitter wrangling over East-West trade, and the leaders are desperately anxious...

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