Could there be good news out of Kananaskis? The 51st summit of the Group of Seven (G7) industrialized countries is taking place in Kananaskis, Alberta, Canada on 15-17 June 2025. Despite the constantly diminishing part of the world’s population and GDP that these countries represent (reportedly 10% and 44% respectively), one cannot underestimate the importance…
G20 leaders achieved no historic breakthrough in Buenos Aires. But at least the summit ended without any major damage to the global political atmosphere either.
This year’s summit of the G20 took place from 4 to 5 September in Hangzhou, China. The agenda once again went beyond the classical economic issues of growth, trade and investment, and covered climate change, the 2030 Agenda or Sustainable Development, Brexit and even terrorism and health issues. These summits are gradually turning into sessions of some kind of a Global Economic Security Council, if not of a Global Directorate bringing together the most important established and emerging world powers. Should the G20 remain a stage for those preferring the freedom of ad hoc actions than global multilateral scrutiny, or should it be integrated into the more legitimate UN structures, revitalizing them at the same time?
