U.S. President Donald Trump is not alone in thinking that the G-7 is past its sell-by date, in terms of structure and effectiveness. According to Jim O'Neill, the ex-Goldman Sachs economist famed for creating the BRICs acronym, "the Group of Seven has become increasingly irrelevant in a world of new emerging powers."
Opinion
Asian dreams challenge established World (Cup) order
As the post-1945 (soccer) hierarchy crumbles, emerging powers see opportunities