11 Trending Words of 2014
The world's leading industrial nations (Great Britain, Canada, France, Germany, Italy, Japan, Russia, and the United States) whose leaders meet regularly to discuss the world's economic problems. Often called the G-8. In recent years their meetings have become the scenes of large and sometimes violent protests against the global economy.
intergovernmental organization that originated in 1975 through informal summit meetings of the leaders of the world's leading industrialized countries (the United States, the United Kingdom, France, West Germany, Italy, Canada, and Japan). Canada did not attend the initial meeting in 1975, and the president of the European Commission joined the discussions in 1977. Beginning in 1994, Russia joined the discussions, and the group became known as the Group of 8 (G8), or the "Political Eight"; Russia officially became the eighth member in 1997. The Group of 7 (G7) still functions when the agenda is limited to economic and financial issues.