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The Latest Breaking News from G20

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

The Guardian - UK

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…

Asharq Al-Awsat

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.

The Times of India

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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.

Reuters

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.

The Times of India

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.

ABC News

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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.

Reuters

Biden says Putin unlikely to use nuclear weapons in Ukraine

Biden tells CNN the Russian president ‘miscalculated’ the war in Ukraine ‘significantly’.

Al Jazeera

IMF Confirms Saudi Economy’s Growth Forecast in Coming Years

The International Monetary Fund (IMF) confirmed its economic growth forecast for Saudi Arabia for the current year at 7.6 percent, the exact forecasts for July and April. Earlier, the Fund increased its expectations twice for the Saudi economy in 2022, making the Kingdom the only country among the G20 whose…

Asharq Al-Awsat

UN General Assembly condemns Russia's 'illegal annexation' of Ukrainian regions

The UN General Assembly has voted overwhelmingly in support of a resolution demanding that Russia reverse its annexation of four Ukrainian regions. Earlier, French President Emmanuel Macron said Paris would supply air defence systems to Ukraine in the coming weeks, urging Russia's Vladimir Putin to "return to the table" to…

France 24

Solutions by the people, for the people

Policy-making at all levels has to become more inclusive and less dominated by the powerful and the wealthy, while a paradigm shift is needed in problem solving at global and national levels

The Hindu

‘Not fair’: Ghana slams West over low funding for climate change

Western countries said they will spend about $25bn by 2025 to help Africa adapt to climate change but pledged only $55m.

Al Jazeera

Yellen calls on G20 to boost aid for food insecurity, offers debt freeze

U.S. Treasury Secretary Janet Yellen urged Group of 20 finance and agriculture ministers on Tuesday to take urgent steps to help the 70 million people at risk of acute food insecurity as a result of Russian President Vladimir Putin's war in Ukraine.

Reuters

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The Hindu

Held talks on Ukraine, its repercussions in Indo-Pacific region: EAM Jaishankar in Australia

External Affairs Minister S. Jaishankar arrived in Canberra on Monday where he will hold talks with the top leadership of Australia

The Hindu

The coalition of the world

India’s Presidency of the G20, SCO and UNSC is a historic opportunity for reinventing the United Nations

The Hindu

India can lead G20 on education, climate and debt sustainability: World Bank President

World Bank President David Malpass points to India’s involvement in restructuring debts in Sri Lanka and it being a major creditor to African nations; calls the country a leader in education

The Hindu

Is India in a bind over its relations with Russia?

On October 1, when India abstained from voting at the United Nations Security Council on a draft res

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Asharq Al-Awsat

UN Sec-Gen Warns Of ‘Climate Chaos’ Ahead of COP 27

Weeks away from the 27th session of the UN Climate Conference (COP 27) in Sharm el-Sheikh, UN Secretary-General Antonio Guterres warned of "climate chaos," explaining that the increasing emissions are at "an all-time high and rising." He called on G20 of the world's wealthiest developed countries, companies, and investors to…

The Independent UK

UN chief: World is in `life-or-death struggle' for survival

U_N_ Secretary-General Antonio Guterres is warning that the world is in “a life-or-death struggle” for survival as “climate chaos gallops ahead.”

RideApart

Energica To Provide EsseEsse9+ Motorcycles For 2022 G20 Summit

Energica and UTOMOCORP strike a deal to provide the Indonesian National Police (Poiri) with 88 EsseEsse9+ units for the 2022 G20 Summit on November 15-16, 2022.

The Hindu

Modi recalls Shinzo Abe’s vision at state funeral in Tokyo

PM Narendra Modi meets Japanese counterpart Fumio Kishida; lauds Shinzo Abe’s role in cementing Indo-Japan ties

ABC News

Singapore to sign 'green economy agreement' with Australia during annual leaders' talks

During their first face-to-face meeting since Anthony Albanese's election win, the prime ministers are expected to sign a new agreement to streamline climate-friendly financing and technology development.

The Hindu

India will work with G20 to discuss debt, food and energy security: Jaishankar at UNGA

He also noted at the 193-member U.N. General Assembly that the Indo-Pacific region too witnesses fresh concerns about its stability and security

The Times of India

India really matters more in this polarised world: External affairs minister S Jaishankar

NEW YORK: India really matters more in the current polarised world and the country is perceived very widely as the voice of the global South, external affairs minister S Jaishankar has said.

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