Editor's Insight: Richest nations' club downsizes, Russia shrugs

The world’s richest nations “club” has booted Russia out after 16 years and has reverted to the Group of Seven (G7). But Russia doesn't seem to bothered, for now.

The G7 grew out of the G6 formed in 1975 by the US, UK, France, (West) Germany, Italy and Japan. Canada joined in 1976 and Russia in 1998.

Like most major talkfests, its agenda is often overtaken by events du jour. That is certainly the case with the nuclear security summit in The Hague, Netherlands.


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