G20

G20 Confronts A Fragmented Global Landscape

G20 Confronts A Fragmented Global Landscape

G20 leaders ended their summit in South Africa on Sunday with a flourish of support for multilateralism — even as the gathering itself underscored how fractured the global system has become. With the United States boycotting the meeting and geopolitical rivalries sharpening, the group wrestled with the question of whether it can still hold the center in a splintering world.

“Too many countries are retreating into geopolitical blocs or the battlegrounds of protectionism,” Canadian Prime Minister Mark Carney said. “We are not experiencing a transition, but a rupture.” His warning set the tone for a summit defined by unease rather …

Ukraine Allies To Press Trump Peace Plan At G20 Amid Kyiv Fears

Ukraine Allies To Press Trump Peace Plan At G20 Amid Kyiv Fears

Ukraine’s Western backers will meet at the G20 summit in South Africa on Saturday to discuss how to adjust a White House peace proposal that Kyiv worries could force painful concessions, UK Prime Minister Keir Starmer said after talks with fellow European leaders.

The meeting comes as President Volodymyr Zelensky warns Ukraine is facing “one of the most difficult moments in our history” following leaks of the US proposal, which includes terms long rejected by Kyiv and widely viewed in Europe as favourable to Moscow. Neither President Donald Trump nor Russian President Vladimir Putin will attend the summit.

Starmer, …

Uncertainty As Putin Makes U-Turn, Accepts G20 Invitation

Uncertainty As Putin Makes U-Turn, Accepts G20 Invitation

President of the United States of America, Joe Biden and his advisers are still in conversations about how to approach November’s Group of 20 (G20) summit in Indonesia.

Indonesia received confirmation on Friday that Russian President, Vladimir Putin plans to attend.

President Biden said President Putin and his country should be ejected from the G20.

Senior members of Biden’s government have walked out of G20 events where Russian delegates were present.

And there were discussions with Indonesia about stepping up its condemnation of Russia, but the Asian country has only called for peace among the war countries and members of …

Coronavirus Puts ‘Fragile’ Global Recovery At Risk

The deadly coronavirus epidemic could put an already fragile global economic recovery at risk, the IMF warned Sunday, as G20 financial chiefs voiced “real concern” over its economic ripple effects.

Global growth was poised for a modest rebound to 3.3 percent this year, up from 2.9 percent last year, International Monetary Fund chief Kristalina Georgieva said after a two-day meeting of G20 finance ministers and central bank governors in Riyadh.

But the projected recovery was “fragile”, she warned, amid global alarm over the spread of the new virus across multiple countries even as Chinese authorities lock down millions of people …