G7

G7 basically means “Group of Seven” of the top dogs that run the industrial world 🌍.

Back in the day, it was G8 (yeah, Group of Eight) till Russia got the boot in 2014 for its literal Crimea drama with Ukraine. 🚫

This squad of seven includes the heavyweights like the US, Germany, Japan, France, UK, Canada, and Italy. 🚀

Why was G7 made? 🤔

The G7 is like the OG meetup crew for political big shots, started over four decades ago for them to vibe over issues like the global economy, security, and energy. 💬

France, Italy, Japan, the British 🇬🇧 crew, the American gang 🇺🇸, and West Germany started the G6 in '75. Canada tagged along the next year.

Russia joined in '98, kinda like a peace sign between the East and West post-Soviet breakup in '91. ✌️

But the G7’s like a chill squad; they don’t make rules that you gotta follow—more like guidelines or a group chat with no obligations. 📱

Who's in the G7 club? 🏆

The squad’s listed with the US, UK, Germany, Canada, Japan, France, and Italy. Totally lit lineup, right? 🔥

As a team, G7 countries flex about 40% of global GDP and 10% of Earth’s population. 📈

Since ’77, the European Union's been crashing the party, being represented by those fancy guys: the President of the European Commission and the President of the European Council. 🎩

The EU’s mingling in all the G7 chats even without getting an official invite. Sneaky or savvy? 🤔

Why was Russia yeeted from G8? 🚫

Russia got shown the door in G8 back in 2014 after they hit Crimea with the ol’ annexation move, which peeps saw as pretty sus against Ukraine’s sovereignty. 🚪

Obama and the squad dropped the bombshell in "The Hague Declaration" in March that year, axing the planned meetup in Sochi, Russia. 📰

G7 vs. G20: What's the sitch? 🤷‍♀️

Both G7 and G20 are like the Avengers of countries tackling big global issues. But they’re kind of like different teams with different vibes. 💼

The G7 keeps it political while the G20’s more about shaking up the whole global economy landscape. 💪

Buckle up, here're the deets between these duos:

Squad Goals (Membership) 🎯

G7: Rolling deep with seven economic champs: US, Canada, Germany, France, UK, Italy, Japan. EU also vibes with G7, but ain't on the official roster. 🤝

G20: Bigger squad: 19 countries + EU, adding heavyweights like Argentina, Australia, Brazil, China, India, Indonesia, Mexico, and all the rest. 🚀

Scope & Vibes (Objectives) 🎯

G7: Launched in the '70s to fight off economic crises. Grew to tackle all kinds of global stuff like climate vibes, health scenes, and security dramas. 🌍

G20: Crafted in '99 to unite major players against global issues. They hit economic stuff but also dive into trade, jobs, development, and energy. Big brain vibes for international financial balance. 🧠

Flex & Swag (Influence) 💪

G7: Smaller VIP list with big economic muscles. Their say's kinda faded a bit as rising stars like China and India hit the scene. 📉

G20: Reppin’ a whole spectrum of economies. Covering 85% of GDP, over 75% of trade, and ruling about two-thirds of the peeps worldwide. Talk about power moves! 🌐

To sum it up, the G7 and G20 are like ultimate global meetups for real talk on big issues. G7 is your exclusive elite club, while G20’s the all-star festival with a wider playlist of countries and topics. 🎉