Sunday, October 4, 2009

Forbes | ANALYSIS-Group of Seven (G7) fights irrelevance in new world order

ISTANBUL, Oct 4 (Reuters) - After decades in charge, the club of rich, industrialised nations is fast losing sway as a share of global economic power shifts towards big developing countries. That was a lesson of the Group of Seven's meeting in Istanbul at the weekend, when the absence of China showed the G7 could no longer tackle the world's economic problems on its own...........