Group of Eight (G8) 2012 Summit
The G8 Summit 2012 will be held on May 18 and 19, 2012 at the Presidential Retreat at Camp David in Frederick County, Maryland instead of Chicago, which was the venue previously announced. One notable absence will be the recently reelected Russian President Vladimir Putin for unknown reasons. He will be represented by Prime Minister Dmitry Medvedev. G8 is the gathering of group of western economic powers and this will be their 38th gathering.
France, Germany, Italy, Japan, United Kingdom (UK) and United States (US) met as Group of Six (G6) in 1975. They became Group of Seven when Canada joined the group in 1976. Later in 1997 Russia was added to the group and became the Group of Eight (G8). In addition to the heads of states of G8, the President of the European Commission also attends the meeting since 1981. This year number of other world leaders including Brazil, China, India, Mexico and South Africa has been invited to attend full or portions of the summit.
Focus of this year’s summit will be major political and economic issues of various regions including austerity measures in European Union due to recent power change in France and failure of Greeks to form a government.
elegant on May 17th 2012 in Education
Until a few years ago, the idea of