Difference between revisions of "G8"

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The '''G8''' is an informal group of eight major industrialized countries: the [[United States]], [[Canada]], [[Japan]], [[Britain]], [[France]], [[Germany]], and [[Italy]] (plus the [[EU]] who has observer status), and between 1998 and 2014 [[Russia]].  The G8 heads of state have met annually since 1976 in summit meetings to discuss economic and political issues.
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After 1991, the '''G8''' formerly consisted of the [[G7]] countries plus [[Russia]]. Russia was kicked out in 2014 after the [[Crimean Spring]].
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With the founding of the [[BRICS]] network, 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.
  
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The country holding the Chair is responsible for hosting and setting the agenda of the Summit. 
 
  
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Since the summits are of the highest profile with leaders from nations that control some 65% of international wealth, the [[left]] and other radical groups demonstrate to attempt to disrupt the meetings and bring attention to their causes.
 
  
 
[[Category:Alliances]]
 
[[Category:Alliances]]
 
[[Category:Economics]]
 
[[Category:Economics]]

Latest revision as of 04:45, July 12, 2023

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 network, credited with bailing out the United States and the Western financial system with loans during the financial Crash of 2008, a new informal group of eight major non-Western countries, Brazil, China, India, Russia, Indonesia, Iran, Turkey and Mexico assumed the old name. Many are former 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, coups, proxy wars, and wars of aggression against target countries.

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