Politics / Group of Eight Group of 8 Cedes Role in Economy to Group of 20 Move to broaden council adds input from likes of China, India By Newser Editors and Wire Services Posted Sep 24, 2009 9:34 PM CDT Copied Oxfam International activists pose as German Chancellor Angela Merkel, left, Italian Prime Minister Silvio Berlusconi, center, and US President Barack Obama. (AP Photo) An administration official says the Group of 20 nations will become a permanent council on global economic cooperation—broadening the number of countries involved in the role currently filled by the Group of Eight major industrial nations. The G-8 would continue to meet on matters of common importance such as national security, the official said ahead of tomorrow's official announcement. story continues belowRob Gronkowski Chooses These Shoes As His FavoriteShoes Much More Comfortable Than Traditional Dress Shoes. Italian Leather and Running Shoe Technology Providing First Class Comfort All Day Long.Wolf & ShepherdLearn MoreUndoHow To Wear Cowboy Boots and Jeans for MenAriat Learn MoreUndoAverage IQ is 100. What's Yours? Answer 20 multiple choice questions to find out.Avg IQ is 100. Find our your score in less than 10 minutes! Taken by over 1M users so far. 76,162 users tested today.Free IQ TestClick HereUndo The larger group includes the biggest industrial countries, plus major emerging economies such as China, Brazil and India. The official said President Barack Obama initiated the move. (More Group of Eight stories.) Report an error