As I write, the government leaders of the Group of Seven (G7) countries – Canada, France, Germany, Italy, Japan, the United Kingdom and the US – are meeting in the remote town of Kananaskis, Alberta, in the foothills of the Canadian Rockies, for intense discussions. This will be the 51st summit meeting of the top seven capitalist economies. The G7 still represents 44% of world’s GDP, but now only 10% of the world’s population. Yet the G7 and some of its smaller partners constitute the imperialist core, the so-called Global North, that rules the world.
What are the G7 leaders discussing? Naturally, it is the accelerating Middle East crisis after the Israeli attack on Iran; the continued war in Ukraine and the need for more sanctions on Russia and arms for Ukraine; what to do about Trump’s trade tariffs; how to impose a range of cuts in international aid to poor countries by most G7 governments in order to make room for increased arms spending; and the need for a common policy against China. READ THE FULL ARTICLE HERE.