PARIS, June 30 (Reuters) - With U.S. airlines losing $17,000 a minute, world leaders are under pressure to respond to record world oil prices when they discuss the state of the economy and trade at a Group of Eight (G8) summit in Scotland next week.
Ahead of the meeting, tension is simmering over British calls for a halt to farm export aid in rich nations for Africa's sake, floods of cheap Chinese exports and accusations that the United States is living dangerously beyond its means.
After oil hit a record of $60.95 a barrel this week, Canada confirmed that leaders would broach the risks of high fuel costs hurting U.S. economic growth or smothering the already sluggish economies of much of continental Europe and Japan.
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