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Tag: G7


G-7 Agrees to Sanctions on Russia as Tensions Mount in Ukraine

The Group of Seven rich countries have agreed to slap sanctions on Moscow as early as Monday over the soaring Ukraine crisis amid fears in the West that Russia could be about to invade.

Posted on Apr 26, 2014 READ MORE


Haiti aftermath
AP / Gregory Bull

Forgiving Haiti’s Debt

Call it pity or call it sensible politics, the G-7 nations have together pledged to cancel $1.2 billion in debt that Haiti owes them, something Global South activists have been requesting for all developing countries—not just those hit by horrible earthquakes.

Posted on Feb 7, 2010 READ MORE


g20
EPA / Win McNamee

G-20 Muscles G-7 Aside

It looks like the G-20 is set to permanently replace the G-7 as the world’s dominant economic forum, an indirect admission that there was something unfair about the world’s seven wealthiest countries deciding economic policy for the entire globe.

Posted on Sep 25, 2009 READ MORE


Mexico Food Protest
treehugger.com

G-7, IMF and World Bank Leaders to Meet

Following the string of economic crises across the globe, financial elites are planning to meet in Washington this weekend to address how to resolve the problems of global capitalism. Notably missing from the proceedings is any representative from the developing world.

Posted on Apr 11, 2008 READ MORE


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