Wednesday, April 01, 2009

Sorting out the "G"s

Pretty much ever time you hear the news you hear something about G-some-number. I finally couldn't take it anymore as they were all running together in my head, so I had to at least try to parse it out some.

G stands for "Group" - they really need to think of something more original.

There are
G7 (formerly G6)

The G7 ("Group of 7" Yes, really.) are the finance ministers of seven industrialized nations:
France, Germany, Italy, Japan, United Kingdom, United States, and now Canada

The G8 (you can just guess what that stand for) also includes Russia and particularly focuses on the Northern Hemisphere and is a more general "heads of state" and has several subgroupings.

With the G20 we're back to finance ministers and government banker types of these governments:
The current G20 meeting is in London and the UK is also suffering a major recession which is why they're getting some very angry protesters.


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