G8 Meeting: No Progress at All
Wolfgang Reuter, Spiegel | July 10, 2008
The G-8 summit seemed more interested in harmony than in making progress on pressing issues. ++ G8 agreed to cut emissions by "at least" 50 percent, but the old conflict regarding the question who should start retained. ++ Farming subsidies in the Western as well as the massive failures of monetary policy, both responsible for the current food crises, were not even mentioned. ++ G8 remains a club intent on defending only its own interests. ++ It is full of ideas only when it comes to world trade and only when its members profit.
