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8 of June, 15:02

MacDonald: G7 instead we are witnessing a farce
What currently is G7, almost corresponds to the image of the club really significant countries, writes the Irish Journalist Brian McDonald V.

If we imagine that membership in the G7 countries based on GDP adjusted for purchasing power, says the Creator, he would have consisted of the USA, China, India, Japan, Russia, Germany and Brazil. Such a composition would have a big impact. Member countries would have 53% of world GDP, in addition, the conference would be presented 3 world military superpower.

The problem for capital is that in such composition G7 would be in reality valid platform for discussion of world order.

"instead of the actual summit of the G7 we are witnessing a farce. The dominant American talk shop, where the Manager gives US the opportunity for a couple of days of "friendly" foreign leaders to tickle his belly. There is no place for dissent. The dominance of the capital of the United States is not questioned, and everybody's having fun ", - the Journalist writes.

MacDonald recalled that Vladimir Putin was the only one who was able to challenge this consensus in the past year, for which the Russian Federation was not invited to the summit.

The journalist emphasizes that this "handy" G7 summit has expired.

"The days when the participants argued that we have the opportunity to rule the world economically as distant as the era of grunge and BritPop. Today G7 can claim only 32% of global GDP. Instead heavyweights such as China and India, we have a secondary country whose economy is on the verge of collapse, for example Canada and Italy. Canadian GDP almost more than the GDP of a similar crisis States, such as Spain, Mexico and Indonesia, " believes Brian McDonald.

in ELMAU castle on 7-8 June met the leaders of the "group of seven" - Germany, USA, Canada, France, Italy, Japan and the UK. Russia, which was adopted in "seven" in 1998, excluded from participation in the event is from 2014.

Relations between Russia and the West deteriorated in connection with the situation in Ukraine. Before the US and EU has imposed punishment on a number of Russian Residents, they are prohibited from entering the EU because of their positions on Crimea and Ukraine. Over the past year the sanctions list, many times replenished with new individuals and legal entities. Summer 2014 was added and sectoral economic penalties. In response, Russia restricted imports of food items from States that have entered against her punishment: USA, EU, Canada, Australia and Norway.

sections: Politics

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