Cut

Hi

There is one guy who's talking about some stuff he was doing, talking to some people, attending meetings and then a new paragraph starts and he says: That was a month before. So now cut to the G8 and they have gone as far as they can but it's still not far enough. And they are all not speaking to each other and it's very tense.

1. I understand that "That month before" refers to what he was doing earlier (before the G8) and now he says "So now cut...." I'm just wondering what "cut" may mean? Maybe it means "I sneaked into the G8 summit"?

Thanks