| | After 1991, the '''G8''' formerly consisted of the [[G7]] countries plus [[Russia]]. Russia was kicked out in 2014 after the [[Crimean Spring]]. | | After 1991, the '''G8''' formerly consisted of the [[G7]] countries plus [[Russia]]. Russia was kicked out in 2014 after the [[Crimean Spring]]. |
| − | With the founding of the [[BRICS]], who are credited with bailing out the United States and the Western financial system with [[loan]]s during the [[2008 Financial Crash]], a new informal group of eight major non-[[Western alliance|Western]] countries, Brazil, China, India, Russia, Indonesia, Iran, Turkey and Mexico assumed the old name. Many are former [[colonialism|colonies]] of Western [[imperialism]]. The group was formed in response to a series of aggressive wars by [[NATO]], the United States, and the [[European Union]] in the post-[[Cold War]] era, and the attempts by Western powers to spread [[globalism]] and maintain global hegemony through economic sanctions, [[coup]]s, [[proxy wars]], and wars of aggression against target countries. | + | With the founding of the [[BRICS]], who are credited with bailing out the United States and the Western financial system with [[loan]]s during the financial [[Crash of 2008]], a new informal group of eight major non-[[Western alliance|Western]] countries, Brazil, China, India, Russia, Indonesia, Iran, Turkey and Mexico assumed the old name. Many are former [[colonialism|colonies]] of Western [[imperialism]]. The group was formed in response to a series of aggressive wars by [[NATO]], the United States, and the [[European Union]] in the post-[[Cold War]] era, and the attempts by Western powers to spread [[globalism]] and maintain global hegemony through economic sanctions, [[coup]]s, [[proxy war]]s, and wars of aggression against target countries. |