From Phase: "The G-20 nations' heads of state will announce on Friday that the G-20 will become the permanent council for international economic cooperation, eclipsing the Group of Eight.

The G-8 will continue to meet on matters important to the most developed economies, such as international security issues. But those meetings will come as world leaders converge for other events, not in major summits."

TRANSLATION: The Gay-20 will continue their circle jerk and think of ways to screw over the most corrupt economies. After extensive tryouts, the gayest 8 with no gag reflex interfering with their fallatio skills will continue to compete to determine who is the biggest fag of all.

Situation Hopeless.