Why The Gleneagles Summit is a Waste of Time and Money

Why The Gleneagles Summit is a Waste of Time and Money - at www.moneyweek.com - the best of the international financial media

In a couple of days time the G8 summit takes place in Gleneagles. The Group of Eight includes the world's leading industrial economies; the US, Japan, Germany, the UK and France and three also-rans: Canada, Italy and Russia. In addition to representatives from G8, a further 11 heads of state or government will participate in some of the meetings.

There will be the leaders of China, India, South Africa, Brazil, Mexico and half a dozen poor African states. If this wasn't enough Kofi Annan from the UN and Jose Manuel Barroso, president of the European Commission will also be there. And let's not forget the heads of the World Bank, IMF, WTO and the International Energy Agency and last but not least thousands of demonstrators.

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Brian has contributed to MoneyWeek with his expertise in investment strategy, for example how to quadruple your dividend income and how to navigate through the stock market in the 2008 financial crisis. He’s also touched on personal finance such as the housing market and the UK economy.