All posts tagged "G20"

A world leader Friday slammed President Donald Trump's move to exclude one country from the global summit G-20, explaining how it could have harmful repercussions in the future.

South Africa’s central bank governor, Lesetja Kganyago, criticized Trump's decision to make the international event invite-only next year in Miami and exclude South Africa, saying that "would set a damaging precedent," Bloomberg reported.

“The G-20 does not work like that. It’s a consensus forum,” Kganyago said....

German Chancellor Olaf Scholz has called for an equal partnership with the emerging states of Asia, Africa and Latin America ahead of the G20 summit of major economies in India. "This is also a great ... obligation on our part," the chancellor said in an interview with Deutschlandfunk radio published on Saturday. He emphasized that many Western states have a special responsibility towards countries on these continents because of their colonial history. Germany had colonies in Africa and Asia. This is the moment "that we invest everything for this level playing field," Scholz said. The leaders ......

Gandhinagar (India) (AFP) - G20 finance ministers and central bank chiefs opened talks Monday on debt restructuring deals, multilateral bank reform and finance to tackle climate change, as they aim to bolster a sagging global economy. Indian Finance Minister Nirmala Sitharaman, chair and host of the summit in Gandhinagar, began by telling finance leaders of "the responsibility we have... to steer the global economy towards strong, sustainable, balanced and inclusive growth". Key on the two-day agenda will be "facilitating consensus to intractable issues associated with rising indebtedness", Si......

FIFA president Gianni Infantino has called on Russia and Ukraine to enter into a one month ceasefire during the World Cup in Qatar. Infantino told leaders at a summit of the G20 group of major economies in Indonesia the World Cup provided a "unique platform" for peace and unity because the event will be watched by some 5 billion people on television. "So my plea with all of you is to stay on a temporary ceasefire for one month for the duration of the World Cup," he said at a lunch with G20 leaders on the Indonesian resort island of Bali. As an alternative, he proposed some humanitarian corrido......

Nusa Dua (Indonesia) (AFP) - Russia faced mounting diplomatic pressure to end its war in Ukraine Tuesday, as G20 leaders meeting in Indonesia rued the high cost of the eight-month-old conflict. In a draft communique, countries including Russia deplored the impact of "the war in Ukraine" -- a conflict that "most members strongly condemned". The group is also expected to declare that "the use or threat of use of nuclear weapons" is "inadmissible", a veiled rebuke of President Vladimir Putin who has repeatedly raised the spectre of nuclear conflagration. Putin was forced to skip the summit as he ......

Nusa Dua (Indonesia) (AFP) - Sitting in the dark, wearing a traditional Indonesian batik shirt and surrounded by candles, Elon Musk offered a vision for the future that includes aliens, deep tunnels and rocket tourism. The seemingly disembodied billionaire Twitter owner appeared by video link on Monday to address business leaders in Bali on the sidelines of the G20 summit, only his face and hands visible on an otherwise black screen. "We had a power outage three minutes before this call. That's why I'm entirely in the dark," he told Indonesian tycoon-cum-moderator Anindya Bakrie. Musk was aske......