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21 Sep 14
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Both France and the United Kingdom have expressed a desire to expand the group to include five developing countries, referred to as the Outreach Five (O5) or the Plus Five: Brazil (7th country in the world by nominal GDP [3]), People's Republic of China (2nd country in the world by GDP [3]), India (10th country in the world by GDP [5]), Mexico, and South Africa. These countries have participated as guests in meetings which are sometimes called G8+5.
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18 Jul 14
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presidency
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21 Apr 14
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The Group of Eight (G8) was the name of a forum for the governments of a group of eight leading industrialised countries
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Russia, which was invited to join as the last member, was excluded from the forum by the other members on March 24, 2014 as a result of its involvement in the 2014 Crimea crisis in Ukraine.[
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The forum originated with a 1975 summit hosted by France that brought together representatives of six governments: France, West Germany, Italy, Japan, the United Kingdom, and the United States, thus leading to the name Group of Six or G6. The summit became known as the Group of Seven or G7 the following year with the addition of Canada.
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The European Union is represented within the G8 but cannot host or chair summits.[4]
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Collectively, in 2012 the G8 nations comprised 50.1% of 2012 global nominal GDP and 40.9% of global GDP (PPP)
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Both France and the United Kingdom have expressed a desire to expand the group to include five developing countries, referred to as the Outreach Five (O5) or the Plus Five: Brazil (7th country in the world by nominal GDP [3]), People's Republic of China (2nd country in the world by GDP [3]), India (10th country in the world by GDP [5]), Mexico, and South Africa. These countries have participated as guests in meetings which are sometimes called G8+5.
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24 Mar 14
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The Group of Eight (G8) is a forum for the governments of a group of eight leading industrialised countries.[1] The forum originated with a 1975 summit hosted by France that brought together representatives of six governments: France, West Germany, Italy, Japan, the United Kingdom, and the United States, thus leading to the name Group of Six or G6. The summit became known as the Group of Seven or G7 the following year with the addition of Canada.
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In 1998 Russia was added to the group which then became known as the G8. Russia was later removed from the summit as result of the 2014 Crimean crisis. The European Union is represented within the G8 but could not host or chair summits
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Collectively, in 2012 the G8 nations comprised 50.1% of 2012 global nominal GDP and 40.9% of global GDP (PPP).
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19 Nov 13
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The G7 is composed by the 7 developed wealthiest countries on Earth (as national net wealth) and by the 7 developed wealthiest countries on Earth by GDP,[1] and it remains active despite the creation of the G8
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07 Nov 13
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The Group of Eight (G8) is a forum for the governments of eight of the world's largest national economies as nominal GDP with higher Human Development Index; not included are India at 9th, Brazil at 7th and China at 2nd.[1] The forum originated with a 1975 summit hosted by France that brought together representatives of six governments: France, the Federal Republic of Germany, Italy, Japan, the United Kingdom, and the United States, thus leading to the name Group of Six or G6. The summit became known as the Group of Seven or G7 the following year with the addition of Canada. The G7 is composed by the 7 developed wealthiest countries on Earth (as national net wealth) and by the 7 developed wealthiest countries on Earth by GDP,[1] and it remains active despite the creation of the G8. In 1998, Russia was added to the group which then became known as the G8.[2] The European Union is represented within the G8 but cannot host or chair summits.[3]
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29 Oct 13
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The Group of Eight (G8) is a forum for the governments of eight of the world's largest national economies as nominal GDP with higher HDI; not included are India at 9th, Brazil at 7th and China at 2nd.[1] The forum originated with a 1975 summit hosted by France that brought together representatives of six governments: France, the Federal Republic of Germany, Italy, Japan, the United Kingdom, and the United States, thus leading to the name Group of Six or G6. The summit became known as the Group of Seven or G7 the following year with the addition of Canada.
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In 1997, Russia was added to the group which then became known as the G8.
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The European Union is represented within the G8 but cannot host or chair summits.
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G8 ministers also meet throughout the year, such as the G7/8 finance ministers (who meet four times a year), G8 foreign ministers, or G8 environment ministers.
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Collectively, the G8 nations comprise 50.1% of 2012 global nominal GDP and 40.9% of global GDP (PPP).
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Lately, both France and the United Kingdom have expressed a desire to expand the group to include five developing countries, referred to as the Outreach Five (O5) or the Plus Five: Brazil (6th country in the world by GDP [1]), People's Republic of China (2nd country in the world by GDP [1]), India (9th country in the world by GDP [4]), Mexico, and South Africa. These countries have participated as guests in previous meetings, which are sometimes called G8+5.
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With the G-20 major economies growing in stature since the 2008 Washington summit, world leaders from the group announced at their Pittsburgh summit on September 25, 2009, that the group will replace the G8 as the main economic council of wealthy nations.
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At the 2012 summit, President Barack Obama plans to ask G8 leaders to adopt a policy that would privatize global food investment.
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y design, the G8 deliberately lacks an administrative structure like those for international organizations, such as the United Nations or the World Bank. The group does not have a permanent secretariat, or offices for its members.
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There are also a separate set of meetings known as the G8+5, created during the 2005 Gleneagles, Scotland summit, that is attended by finance and energy ministers from all eight member countries in addition to the five "outreach countries" which are also known as the Group of Five — Brazil, People's Republic of China, India, Mexico, and South Africa.
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The annual G8 leaders summit is attended by the heads of government.[
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Together the eight countries making up the G8 represent about 14% of the world population, but they represent about 60% of the gross world product[64] as measured by gross domestic product
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Some criticism centres on the assertion that members of G8 do not do enough to help global problems such as Third World Debt, global warming and the AIDS epidemic—due to strict medicine patent policy and other issues related to globalization. In Unravelling Global Apartheid, the political analyst Titus Alexander described the G7, as it then was, as the 'cabinet' of global minority rule, with a coordinating role in world affairs.
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Protesters in London 2013 have carried slogans such as "against the 1%" as a reference to an increasing concentration of wealth and influence.
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Critics argue that the G8 has now become unrepresentative of the world's most powerful economies. In particular, China has surpassed every economy but the United States,[71] while Brazil has surpassed Canada and Italy (according to the IMF). Also according to the International Monetary Fund and the CIA World Factbook, India has already surpassed Japan in terms of purchasing power parity, although remaining on the 10th position when it comes to Real GDP.
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24 Oct 13
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The Group of Eight (G8) is a forum for the governments of eight of the world's largest national economies as nominal GDP with higher HDI; not included are India at 9th, Brazil at 7th and China at 2nd.
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he European Union is represented within the G8 but cannot host or chair summits.[3]
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With the G-20 major economies growing in stature since the 2008 Washington summit, world leaders from the group announced at their Pittsburgh summit on September 25, 2009, that the group will replace the G8 as the main economic council of wealthy nation
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16 Sep 13
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26 Dec 12
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The Group of Eight (G8) is a forum for the governments of eight of the world's largest economies. (It excludes, however, two of the actual eight largest economies by nominal GDP: China, 2nd, and Brazil, 6th).
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he forum originated with a 1975 summit hosted by France that brought together representatives of six governments: France, Germany, Italy, Japan, the United Kingdom, and the United States, thus leading to the name Group of Six or G6. The summit became known as the Group of Seven or G7 the following year with the addition of Canada. In 1997, Russia was add
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he forum originated with a 1975 summit hosted by France that brought together representatives of six governments: France, Germany, Italy, Japan, the United Kingdom, and the United States, thus leading to the name Group of Six or G6. The summit became known as the Group of Seven or G7 the following year with the addition of Canada. In 1997, Russia was add
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The European Union is represented within the G8 but cann
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ot host or chair summits.[2]
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Collectively, the G8 nations comprise 51.0% of 2011 global nominal GDP and 42.5% of global GDP (PPP).
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Lately, both France and the United Kingdom have expressed a desire to expand the group to include five developing countries, referred to as the Outreach Five (O5) or the Plus Five: Brazil, People's Republic of China, India, Mexico, and South Africa. These countries have participated as guests in previous meetings, which are sometimes called G8+5.
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19 Aug 11
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created by France in 1975
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18 May 10
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he G8 is intended to be an informal forum
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ministerial meetings bring together ministers responsible for various portfolios to discuss issues of mutual or global concern. The range of topics include health, law enforcement, labor, economic and social development, energy, environment, foreign affairs, justice and interior, terrorism, and trade
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11 Dec 09
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21 Nov 09
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05 Jul 08
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In 1975, French President Valéry Giscard d'Estaing invited the heads of government from West Germany, Italy, Japan, the United Kingdom and the United States to a summit in Rambouillet.
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14 May 07
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