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Mostrando entradas con la etiqueta G7 Summit. Mostrar todas las entradas
Mostrando entradas con la etiqueta G7 Summit. Mostrar todas las entradas

10 junio, 2015

#Nonsense at the #G7Summit: #Russia, #Greece and Convenient #Threats

By Binoy Kampmark

G7 flags

Oh, the misdirected fury of it all. The self-appointed elect, those states at the G7, have decided to have a chat about matters deemed critical for them.  A few interlopers are also present – Nigeria, Tunisia and Liberia, for instance.  Like any club whose rules vary between snooty and arbitrary, there were exclusions.  On this occasion, basic arithmetic dictated that it would be a G7 summit, as opposed to a G8 one – Russia was excluded, largely because, it would seem, the member states needed something to talk about.

The agenda shaped up very quickly. The G7 chat fest did take some time out to consider the environmental side of matters, suggesting that fossil fuels were being given the heave ho.  “We commit to doing our part to achieve a low-carbon global economy in the long-term, including developing and deploying innovative technologies striving for a transformation of the energy sectors by 2050.”[1]

But the members had two states in their sights.  One was the superstar absentee, target of European and US morality and historical ennui: Russia.  As the G7 communique outlined, “We stand ready to take further restrictive measures in order to increase [the] cost on Russia should its actions so require.”  The other was Greece, target of economic opprobrium and whipping boy of Europe’s disastrous financial policies.

It was Moscow who got the biggest serve.  “Does [Vladimir Putin],” US President Barack Obama observed, “continue to wreck his country’s economy and continue Russia’s isolation in pursuit of a wrong-