What did the G-8 summit reveal?
BY PATRICK O NEIL AND SAM MANUEL The domination of the recent Group of 8 summit in vian-les-Bains, France, by U.S. president George Bush revealed once again that there is no rising imperialist power capable of competing with, much less replacing, Washington. Neither can the euro the currency of 12 countries in the European Union with various levels of development and military strength, and with conflicting economic interests replace the dollar as the currency of international trade and investment. The June 1-3 meeting involved the major imperialist powers of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, along with the government of Russia. They unanimously adopted a U.S.-sponsored resolution condemning Iran and north Korea for allegedly developing nuclear weapons. Bush also built support for a range of aggressive measures against the two countries, including the right to seize alleged nuclear and military material on the high seas or in the air expor
