Jee[yet] -- By Sanket ‘ji ji kar raha hai’ Kambli

Yeh Jee[Yet] ka hota hai!

Jee [Yet]!!!!!

Well we call it G8.

What is it????

Let us see…

The Group of Eight (G8) is a grouping of eight of the world's leading industrialized, democratic nations: France, Germany, Italy, Japan, the United Kingdom, the United States, (the G6, 1975), Canada (the G7, 1976), and Russia (not participating in all events). The hallmark of the G8 is an annual economic and political summit (G8 Summit) of the heads of government with international officials, though there are numerous subsidiary meetings and policy research. [Blah blah blah!!!!!]
The G-8 has its roots in the 1973 oil crisis and subsequent global recession. These troubles led the United States of America to form the Library Group, a gathering of senior financial officials from the United States, Europe, and Japan, to discuss the economic issues.
In 1975 French President Valéry Giscard d'Estaing invited the heads of state of six major industrialized democracies to a summit in Rambouillet and proposed regular meetings. The participants agreed to an annual meeting organized under a rotating presidency, forming what was dubbed the Group of Six (G6) consisting of France, West Germany, Italy, Japan, the United Kingdom, and the United States of America. At the following year's summit on Puerto Rico, it became the Group of Seven (G7), when Canada joined at the behest of U.S. President Gerald Ford.
The G8 is not supported by a transnational administration, unlike institutions such as the United Nations or World Bank. The presidency of the Group rotates among the member states annually, with the new president assuming responsibility on 1 January. The country holding the presidency hosts a series of ministerial-level meetings leading up to a mid-year three-day summit with the heads of state, as well as ensures the safety of the participants.
The ministerial meetings bring together ministers in topics such as health, law enforcement, and labor, to discuss issues of mutual or global concern. The best known of these is the G-7, which now refers specifically to the annual meeting of the financial ministers of the G-8 minus Russia, as well as officials from the European Community. However, there also is a briefer "G8+5" meeting for the finance ministers of the full G-8, as well as China, Mexico, India, Brazil, and South Africa.
Under the auspices of G7 a special programme for the implementation of the Information Society was established in 1994.
In June 2005 the G8 agreed to launch an international database on pedophiles, expected to be set up by the end of the year. Other countries may join later. The G8 also agreed to pool data on terrorism, subject to the restrictions of the various countries' privacy and security laws.
In June 2005 the national science academies of the G8 nations - and Brazil, China and India, three of the largest emitters of greenhouse gases in the developing world, signed a statement on the global response to climate change. The statement stresses that the scientific understanding of climate change is now sufficiently clear to justify nations taking prompt action, and explicitly endorsed the IPCC consensus.
Since the agenda of G8 is usually about controversial global issues, critics often refer to the G8 as an unofficial "world government." The annual summits are often the focus of anti-globalization movement protests, notably at the 27th G8 summit in Genoa in 2001.
Critics assert that members of G8 are responsible for global issues such as global warming due to carbon dioxide emission, poverty in Africa and developing countries due to debt crisis and unfair trading policy, the AIDS problem due to strict medicine patent policy and other problems that are related to globalization.
Pressure has also been put on G8 leaders to take responsibility to combat problems they are accused of creating. Bob Geldof organized Live 8, global awareness concerts on July 2 and July 6 in 2005, to encourage G8 leaders to "Make Poverty History." Organizers have also proposed that G8 member nations adjust their national budgets to allow for .7% to go towards foreign aid as outlined in Agenda 21 of the Rio de Janeiro Earth Summit in 1992. The concerts were timed to coincide with the 31st G8 summit.