US President Donald Trump will participate in the virtual Group of 20 summit being hosted by Saudi Arabia on Saturday, a senior US official said.
Trump’s participation in the two-day meeting of the world’s wealthiest nations comes on the heels of his attendance at Friday’s Asia-Pacific Economic Cooperation (APEC) summit via video link.
Neither summit was held in person because of the coronavirus pandemic.
The summit comes with Trump still refusing to accept his defeat to Democrat Joe Biden in the November 3 presidential election while issuing unfounded accusations of widespread fraud.
Held under the shadow of the raging pandemic, the summit which is usually an opportunity for one-on-one engagements between world leaders is reduced to brief online sessions on pressing global issues — from climate change to growing inequality.
Discussions are expected to be dominated by the pandemic’s implications and steps for reviving the global economy.
Saudi Arabia is the first Arab nation to host a G20 summit.
‘Go big, and stay big’: Economists call for $3 trillion COVID relief package to stop nation’s descent into ruin
To forestall the nation's ongoing plunge into financial devastation as some crucial relief programs expire and others are recklessly terminated by the Trump administration, economists are calling for a $3 trillion debt-financed coronavirus stimulus package that includes enhanced unemployment benefits, robust fiscal aid to state and local governments, nutrition assistance, and other safety net expansions.
"People across the country are going hungry, Covid is set to explode, and Mitch McConnell dismissed the Senate last week. I don't know how these people can sleep at night. I really don't."—Rep. Alexandria Ocasio-CortezIn a detailed memo released Tuesday morning amid a backdrop of surging hunger, a looming eviction crisis, and an intensifying pandemic that has taken more than 250,000 lives in the U.S., Economic Policy Institute research director Josh Bivens implores Congress to "use debt, go big, and stay big, and be very slow when turning off fiscal support."
Congressman mocks Trumps for celebrating stock market record after Trump said it would collapse if Biden was elected
President Donald Trump's daughter Ivanka celebrated a new record that the U.S. Dow Jones Industrial Average reached on Tuesday.
In a 60-second press conference Tuesday, Trump called it a "sacred number" and bragged about breaking the record, taking credit for it.
It's an interesting turn, however, since the president spent months warning that if President-elect Joe Biden won the stock market would crash.
"Joe Biden and the radical, socialist Democrats would immediately collapse the economy," Trump said in a Labor Day address Sept. 7. "If they got in, they would collapse it. You’ll have a crash the likes of which you’ve never seen before. Your stocks, your 401(k)s — remember, it’s the people that own these massive, listed companies. A lot of people: rich people and not so rich people and middle-income people. And those stocks will crash like you’ve never seen before."
Fox News looking to ‘buy Trump off’ rather than lose his fans to rival network
Rupert Murdoch is considering buying off President Donald Trump to keep him from stealing some of his Fox News audience.
The president reportedly has considered launching his own network or joining another to rival the conservative Fox News, which has drawn his ire for perceived disloyalty, and Vanity Fair reported that Murdoch has considered making an offer Trump can't refuse.
“Rupert is going to make a humongous offer,” one of the sources said. “The thinking is, Let’s buy Trump off so he shuts the f*ck up.”