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The Latest Breaking News from G20

Ukraine seeks Russia's expulsion from G20, says Putin's hands 'stained in blood'

Ukraine's Foreign Ministry spokesperson said on Tuesday Russia should be expelled from the Group of 20 major economies and President Vladimir Putin’s invitation to a G20 summit in Bali next month must be revoked.

Reuters

The G20's first religious summit includes India's militant Rashtriya Swayamsevak Sangh – it's a bold move for global peace

Indonesia, home to the world’s largest Muslim population, will hold the Group of 20’s first-ever Religious Forum Summit ahead of the upcoming G20 conference in Bali.

The Conversation

How the Gulf oil and gas states will play their hand at COP27

Gulf oil and gas producing nations will badge themselves as climate leaders at COP27. It’s not as far-fetched as it sounds.

360info

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Island nations hope to turn the tide at COP27

For island nations trying to protect their fisheries from climate change, the biggest catch at COP27 will be getting the ear of the developed world.

360info

UN, Nato, EU and US call on Russia to resume Ukrainian grain deal

Wheat prices predicted to soar risking global food crisis after Moscow says it is ending arrangement to allow exports over drone attack

The Guardian - UK

International: Biden to visit Egypt, Cambodia and Indonesia for COP27, Nov summits

US President Joe Biden, as part of his North Africa and Asia visit, will attend the UN Climate Change Conference COP27 in Egypt and other November summits in Cambodia and Indonesia. Read more on Dynamite News:

Dynamite News

UN report: Climate pollution reductions 'highly inadequate'

A new UN report shows that countries aren't doing enough to cut emissions of heat trapping gases

The Independent UK

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Putin to use U.N. grain deal as leverage at G20, European diplomat says

Russian President Vladimir Putin is likely to use the possible extension of the U.N.-brokered Black Sea grain deal as a way to gain leverage and dominate next month's G20 summit in Indonesia, a European diplomat briefed on the grain talks told Reuters.

Reuters

Saudi Arabia Tops G20 Countries in Tourism Recovery

Saudi Arabia has topped the G20 countries, which include the G20 economy, emerging market economies, and developing economies, at the level of economic recovery. Saudi ministers affirmed on Tuesday that work is underway to create a safe environment for long-term investments, as part of the sustainable development strategy. They pointed…

Asharq Al-Awsat

UK remains ‘closest ally’, Biden tells Sunak

The new Prime Minister, who took over from Liz Truss on Tuesday, will meet Joe Biden in the coming weeks at the G20 summit in Indonesia.

The Independent UK

Indonesia to strike green energy deal with rich nations at G20 summit

KUALA LUMPUR: Indonesia is on track to secure a clean energy partnership with rich countries when it hosts a G20 summit in November, obtaining international funding to cut its reliance on coal power and to implement a green and fair transition, energy analysts said.

Bangkok Post

UN wants India to mobilise G20 to help debt-stressed countries

U.N. chief Antonio Guterres on Wednesday sought India's support in mobilising G20 nations to help out developing countries saddled with debt, with three of India's neighbours already seeking IMF loans as their economies struggle.

Reuters

OECD Expects Saudi Arabia to Top G20 Economies for 2 Years

The real GDP growth projections of the Saudi economy are expected to reach 9.9 percent this year, and six percent in 2023, recording the highest growth rate among the G20 countries, according to a report by the Organization for Economic Cooperation and Development (OECD). The report "OECD Economic Outlook Interim…

Asharq Al-Awsat

Rich countries must urgently help poor nations hit by climate crisis, says V20

Twenty countries facing worst impact of global heating set out proposals for loss and damage payments

The Guardian - UK

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The Guardian - US

Putin aide says release of Brittney Griner is not a priority for Russia

The difficulties involved in freeing Brittney Griner from her imprisonment in Russia were brought into stark relief this weekend

Reuters

Ukrainian presidential aide: Russia should be expelled from G20

Ukrainian presidential adviser Mykhailo Podolyak said after a new wave of Russian drone attacks on Ukrainian cities on Monday that Russia should be expelled from the Group of 20 major economies and other international groups.

Al Jazeera

Joe Biden has ‘no plans’ to meet Saudi Arabia’s MBS at G20 summit

After OPEC+ decided to cut oil production, the US accused the Saudis of aligning with Russia, worsening their relations.

The Guardian - UK

IMF meetings have exposed the fragmentation of the global economy

Countries have responded to a series of shocks by looking out for themselves, which could increase volatility and uncertainty

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Asharq Al-Awsat

Saudi Arabia Calls for Limiting Global Supply Chain Disruptions to Protect Energy, Food Security

Saudi Finance Minister Mohammad Al-Jadaan said that he had emphasized the need to protect supply chains from any future disruptions during his participation in the recent meeting of G20 finance ministers in Washington. Concerns pertaining to the Covid-19 pandemic and its variants, in addition to geopolitical tensions, have increased supply…

The Times of India

India briefs G20 finance ministers and central bank governors on its 2023 agenda

WASHINGTON: India on Thursday briefed the finance ministers and central bank governors of G-20 countries about its agenda for the next year when it assumes the rotating annual presidency of the grouping.

Reuters

Creditors say Chad does not need debt relief now given oil price surge

Chad's creditors on Thursday said they had agreed that the African country did not need debt relief at the moment given a surge in oil prices, but committed to reconvene if a financing gap was identified.

Reuters

G20 chair Indrawati says 'huge gaps' remain on Ukraine war, geopolitical issues

The Group of 20 major economies has "quite a lot of huge gaps" to bridge over geopolitical divisions, including the war in Ukraine, but remains in agreement over many financial issues, the group's chair said on Thursday.

The Times of India

India will leave a mark on the world for years to come, says IMF MD

WASHINGTON: Amid rising geopolitical pressures and uncertainty surrounding the world, the International Monetary Fund's (IMF) managing director Kristalina Georgieva on Thursday said that the Indian economy will make a mark on the world for years to come.

ABC News

Treasurer Jim Chalmers warns of US recession prior to meeting with G20 counterparts

Treasurer Jim Chalmers acknowledges the "deteriorating global economy and rising inflation" would put pressure on his upcoming budget, ruling out changes to legislated stage 3 tax cuts.

Reuters

Will Putin go to the G20? We'll see, says the Kremlin

The Kremlin said on Wednesday that it still remained to be seen if President Vladimir Putin would attend November's G20 summit on the resort island of Bali.

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