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Dialogue 11/05/27 G8 tries to remain important amid austerity

05-27-2011 23:24 BJT

 

The G8 Summit is being held this week in France. On the top of its agenda is the financial assistance to support for those Arab states which are experiencing dramatic political changes. However many believe the discussion will also focus on who should head the IMF whose former head has been accused of rape in a New York hotel room.

The G8 which is made of the biggest economies in the world used to be regarded as a crucial decision making body. However as the west is trapped in an age of austerity while the emerging economies are coming up with stronger voices, how relevant is the G8 today and how significant will the result of the summit be.

 

Editor:James |Source: CNTV

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