Difference between revisions of "G7"

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(Created page with " {{Infobox_Company <!-- Feel free to remove comments like this when you add real info --> | company_name = Group of Eight (G8) | company_logo = Image:Ripple_logo.jpg{{!}}...")
 
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{{Infobox_Company  <!-- Feel free to remove comments like this when you add real info -->
 
{{Infobox_Company  <!-- Feel free to remove comments like this when you add real info -->
| company_name = Group of Eight (G8)
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| company_name = Group of Seven (G7)
| company_logo =  [[Image:Ripple_logo.jpg{{!}}200px]]
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| company_logo =   
 
| key_people =     
 
| key_people =     
 
| foundation =    1994
 
| foundation =    1994
 
| location =      Varies
 
| location =      Varies
| employees =      250-500
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| employees =       
| products =      XRP
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| products =      International financial regulator
| twitter =       ripple
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| twitter =      
| linkedin =      Ripple
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| linkedin =       
 
| stocktwits =    <!-- StockTwits ID for the company, e.g. JohnLothian, or leave blank -->
 
| stocktwits =    <!-- StockTwits ID for the company, e.g. JohnLothian, or leave blank -->
| facebook =      ripplepay
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| facebook =       
| homepage =      [https://ripple.com Ripple.com]
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| homepage =       
 
| press =          <!-- A link to where press releases can be found, or leave blank to omit -->
 
| press =          <!-- A link to where press releases can be found, or leave blank to omit -->
 
| blog  =           
 
| blog  =           
 
}}
 
}}
  
The Group of Eight (G8) is a forum for the governments of Canada, France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States. Group ministers meet throughout the year and the member states meet at an annual summit meeting.
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The Group of Seven (G7) is a forum for the governments of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and formerly, Russia. Group ministers meet throughout the year and the member states meet at an annual summit meeting.
  
The G8 has no headquarters, no permanent staff or budget. The country that holds the presidency is the host country for the G8 summit of that given year and has the responsibility of paying for all costs associated with it.
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The G7 has no headquarters, no permanent staff or budget. The country that holds the presidency is the host country for the G8 summit of that given year and has the responsibility of paying for all costs associated with it.
  
 
== History ==
 
== History ==
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Since 1977 the leader of the European Commission has also been invited to the summits. Initially, the G7 primarily discussed macroeconomic issues and global development trends, but current political issues were later added to the agenda.<ref>{{cite web|url=http://en.civilg8.ru/G8_Group/1648.php//english.people.com.cn/200607/14/eng20060714_282842.html|name=The Group of Eight|org=Civil-G8|date=June 19, 2019}}</ref>
 
Since 1977 the leader of the European Commission has also been invited to the summits. Initially, the G7 primarily discussed macroeconomic issues and global development trends, but current political issues were later added to the agenda.<ref>{{cite web|url=http://en.civilg8.ru/G8_Group/1648.php//english.people.com.cn/200607/14/eng20060714_282842.html|name=The Group of Eight|org=Civil-G8|date=June 19, 2019}}</ref>
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Russia was suspended from G8 in 2014 following the nation's illegal annexation of the Crimea region of Ukraine.<ref>{{cite web|url=https://www.independent.co.uk/news/world/europe/ukraine-crisis-g-7-leaders-cancel-g-8-summit-in-sochi-until-russia-changes-course-9213000.html|name=Ukraine crisis: Russia scathing about G8 suspension as fears grow over build-up of border troops build-up|org=The Independent|date=June 19, 2019}}</ref> Three years later, in 2017, Russia announced that it would be permanently stepping away from G8. A spokesperson from the Kremlin, Dmitry Peskov, said that Russian sovereign Vladimir Putin's new priority was G20, a group of countries that includes Brazil, Mexico, Turkey, and Saudi Arabia.<ref>{{cite web|url=https://www.independent.co.uk/news/world/politics/russia-g8-kremlin-crimea-ukraine-vladimir-putin-g7-g20-a7525836.html|name=Russia announces plan to permanently leave G8 group of industrialised nations after suspension for Crimea annexation|org=The Independent|date=June 19, 2019}}</ref>
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== Cryptocurrency ==
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<ref>{{cite web|url=https://www.independent.co.uk/news/world/politics/russia-g8-kremlin-crimea-ukraine-vladimir-putin-g7-g20-a7525836.html|name=Russia announces plan to permanently leave G8 group of industrialised nations after suspension for Crimea annexation|org=Independent|date=June 19, 2019}}</ref>
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== Full page on MarketsWiki ==
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''To read the full article on Group of Eight, click on [[File:Marketswiki.gif|25px|link=http://www.marketswiki.com/wiki/Group_of_Eight]] to open a new tab with MarketsWiki.''
  
 
== References ==
 
== References ==

Revision as of 10:58, 19 June 2019

Group of Seven (G7)
Founded 1994
Headquarters Varies
Products International financial regulator

The Group of Seven (G7) is a forum for the governments of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and formerly, Russia. Group ministers meet throughout the year and the member states meet at an annual summit meeting.

The G7 has no headquarters, no permanent staff or budget. The country that holds the presidency is the host country for the G8 summit of that given year and has the responsibility of paying for all costs associated with it.

History

The formation of the G8 began at the Naples summit in 1994 after Russia was added to the Group of Seven (G7) countries.[1]

The history of the G8 (previously the G7) began in 1975 when at the initiative of the French president of that time, Valery Giscard d’Estaing, the first meeting of the leaders of six countries was organized at Rambouillet - a commune in the metropolitan area of Paris. Canada joined a year later.

Since 1977 the leader of the European Commission has also been invited to the summits. Initially, the G7 primarily discussed macroeconomic issues and global development trends, but current political issues were later added to the agenda.[2]

Russia was suspended from G8 in 2014 following the nation's illegal annexation of the Crimea region of Ukraine.[3] Three years later, in 2017, Russia announced that it would be permanently stepping away from G8. A spokesperson from the Kremlin, Dmitry Peskov, said that Russian sovereign Vladimir Putin's new priority was G20, a group of countries that includes Brazil, Mexico, Turkey, and Saudi Arabia.[4]

Cryptocurrency

[5]

Full page on MarketsWiki

To read the full article on Group of Eight, click on Marketswiki.gif to open a new tab with MarketsWiki.

References