The G7 or Group of Seven is an organization made up of world’s “most influential” and “advanced” economies. Every year, the leaders of the United States, United Kingdom, Canada, France, Germany, Italy and Japan gather to talk global affairs. But why seven countries and what does the group actually do? CNBC’s Silvia Amaro is joined by Steve Sedgwick to explain.
Contents of this video:
0:00 - Intro
0:22 - What is the G7?
1:29 - Why 7?
2:11 - G7 in history
3:03 - What about the G8?
3:51 - Could others join?
4:24 - Creating the G20
5:42 - G7 vs. G20
6:55 - Does the G7 work?
8:25 - What's next for the G7?
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Contents of this video:
0:00 - Intro
0:22 - What is the G7?
1:29 - Why 7?
2:11 - G7 in history
3:03 - What about the G8?
3:51 - Could others join?
4:24 - Creating the G20
5:42 - G7 vs. G20
6:55 - Does the G7 work?
8:25 - What's next for the G7?
-----
Subscribe to us on YouTube: http://cnb.cx/2wuoARM
Subscribe to CNBC International TV on YouTube: https://cnb.cx/2NGytpz
Like our Facebook page:
https://www.facebook.com/cnbcinternational
Follow us on Instagram:
https://www.instagram.com/cnbcinternational/
Follow us on Twitter:
https://twitter.com/CNBCi
#CNBC #G7 #Economy
