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Australia's treasurer says MidEast tensions compound worries about global economy
reuters.com/markets/australias-treasurer-says-mideast-tensions-compound-worries-about-global-economy-2024-04-21/
German finance minister rejects Brazil's proposal to tax super-rich: German Finance Minister Christian Lindner rejected on Thursday Brazil's proposal to tax the ...
reuters.com/world/german-finance-minister-rejects-brazils-proposal-tax-super-rich-2024-04-18/
Why G20 ‘Common Framework’ for Debt Relief Isn’t Helping Poor Nations: More than half of the world’s low-income countries are at high risk of debt distress or ...
bloomberg.com/news/articles/2024-04-04/why-g20-common-framework-for-debt-relief-isn-t-helping-poor-nations
Quick Glance: Why G20 'Common Framework' for Debt Relief Is Ineffective for Poor Nations
- Over half of the world's low-income countries face high debt distress or default, despite the 2020 agreement among the 20 largest economies for easier loan restructuring. Progress in actual relief has been slow, partly due to disagreements between wealthy nations and China as a major creditor.
- By the end of 2022, the poorest countries collectively owed their creditors approximately $1.1 trillion, surpassing the 2012 debt level. The financial strain from the Covid-19 crisis forced heavily indebted governments to allocate funds they lacked to fortify healthcare systems and assist citizens.
- Major central banks, led by the US Federal Reserve, raised interest rates to counter inflationary pressures arising from escalating grain and fuel prices following the Ukraine conflict. The resulting appreciation of the dollar exacerbated the situation for international borrowers.
- In March, Zambia successfully concluded negotiations for $3 billion in eurobonds after three years, illustrating some progress but highlighting the arduous nature of the process. Notably, several countries, including Zambia, Sri Lanka, Ghana, Lebanon, and Argentina, are grappling with defaults or severe debt distress.
Famous names petition G20 in call for debt and climate crisis reform: More than 100 signatories, including a number of celebrities, send an open letter to the ...
euronews.com/business/2024/04/16/famous-names-petition-g20-in-call-for-debt-and-climate-crisis-reform
Brazil Touts Tax on Ultra-Rich in G-20 Plan to Fight Climate Change, Inequality: Brazil believes it has found a way to pay for the fight against climate change ...
bloomberg.com/news/articles/2024-04-18/taxing-the-super-rich-is-brazil-s-g-20-plan-for-climate-hunger
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Smarter public procurement by cities could boost innovation worldwide by $300 billion
weforum.org/agenda/2024/04/cities-public-procurement-innovation/
Pessimism over the African Union’s gaining membership of the G20 is misplaced: The African Union’s G20 membership can elevate Africa’s voice on the global stage ...
dailymaverick.co.za/article/2024-04-22-pessimism-over-aus-gaining-g20-membership-misplaced/
QS World University Rankings: PM Modi hails India’s remarkable performance growth, says “this emphasis will deepen…” | Mint
livemint.com/news/pm-modi-applauds-india-s-remarkable-performance-improvement-in-qs-university-rankings-among-g20-nations-11713844753765.html
Nobel laureate Esther Duflo proposes taxing 3,000 billionaires to protect the world’s poorest from climate change—and most Americans likely agree with the plan
fortune.com/2024/04/20/nobel-laureate-esther-duflo-proposes-taxing-3000-billionaires-to-protect-the-worlds-poorest-from-climate-change-and-most-americans-likely-agree-with-the-plan/
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‘Africa’s digital infrastructure needs fixed broadband boost’: African countries are lagging behind G20 nations in digital infrastructure, a crucial element for ...
punchng.com/africas-digital-infrastructure-needs-fixed-broadband-boost/
Nigeria aims to boost trade, investment with G-24: The Federal Government has called for increased investments and trading partnerships from member countries of ...
punchng.com/nigeria-aims-to-boost-trade-investment-with-g-24/
World Bank official calls for shake-up of G20 debt relief scheme: Chief economist says common framework has failed to provide any new money to world’s poorest ...
theguardian.com/business/2024/apr/21/world-bank-chief-economist-indermit-gill-g20-debt-relief-mechanism-common-framework
Australia rises to second in world budget management rankings, IMF data shows: Treasurer and finance minister hail ‘remarkable achievement’ as monitor finds ...
theguardian.com/business/2024/apr/17/australia-second-world-budget-rankings-canada-imf-data
IMF, World Bank cite significant progress in debt restructuring cases: The International Monetary Fund, World Bank and current G20 president Brazil said on ...
reuters.com/markets/imf-world-bank-cite-significant-progress-debt-restructuring-cases-2024-04-17/
G20 economies adjust to delays in Fed rate cut, Brazil's finance chief says: WASHINGTON (Reuters) -- G20 finance ministers and central bank ...
asia.nikkei.com/Economy/G20-economies-adjust-to-delays-in-Fed-rate-cut-Brazil-s-finance-chief-says
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Eco Week: World Economy’s Great Escape Is No Comfort to the G-20: If the world economy is heading for a soft landing there’ll be plenty of anxiety along the way ...
bloomberg.com/news/articles/2024-04-13/world-economy-s-great-escape-is-no-comfort-to-the-g-20
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At last G20 is showing how to finance an assault on poverty: Brazilian president Lula’s proposals have the backing of the World Bank. Now we need action
theguardian.com/business/2024/apr/14/at-last-g20-showing-how-finance-assault-poverty-lula
World economy's great escape worries G-20 amid surging geopolitical risks: IMF chief Kristalina Georgieva has signaled that the fund will also slightly raise its ...
business-standard.com/world-news/world-economy-s-great-escape-worries-g-20-amid-surging-geopolitical-risks-124041400062_1.html
Mike Preston: There’s a big three in men’s college lacrosse. No. 4 is anyone’s guess. | COMMENTARY
baltimoresun.com/2024/04/13/preston-college-lacrosse-final-four/
The latest from the IMF on the global economy, and other economics stories to read
weforum.org/agenda/2024/04/imf-g20-shocks-economic-news-12-april/
Conditions right for bilateral ties upgrade: Brazil FM: Bangladesh and Brazil's leaders similar world views and action plans set the conditions right for ...
thedailystar.net/news/bangladesh/diplomacy/news/conditions-right-bilateral-ties-upgrade-brazil-fm-3585176
'Modi ko chunte': BJP's poll song features 'One Nation, One Flag', Ram Mandir, G20
hindustantimes.com/india-news/modi-ko-chunte-bjps-poll-song-features-one-nation-one-flag-ram-mandir-g20-101712721271497.html
Business Standard Manthan 2024: Day 2: As Business Standard steps into its 50th year, we are introducing an annual summit - Business Standard Manthan.
business-standard.com/multimedia/video-gallery/general/business-standard-manthan-2024-day-2-175361.htm
Zambia's three-year debt restructuring takes step forward: Zambia reached a debt restructuring deal-in-principle with its international bondholders on Monday ...
reuters.com/world/africa/zambias-three-year-debt-restructuring-takes-step-forward-2024-03-25/
Zambia's debt-rework battle scars mar its Common Framework success: Zambia's deal with bondholders this week suggests it will finally emerge from more than three ...
reuters.com/world/africa/zambias-debt-rework-battle-scars-mar-its-common-framework-success-2024-03-28/
Macron urges G20 consensus on Putin’s summit invite: French President Emmanuel Macron said Thursday that members of the G20 would have to agree before Russian ...
english.alarabiya.net/News/world/2024/03/29/Macron-urges-G20-consensus-on-Putin-s-summit-invite
G-20 Fail to Approve Communique in Sao Paulo Amid Gaza, Russia-Ukraine Tensions: Group of 20 finance chiefs are set to end their meeting in Sao Paulo without ...
bloomberg.com/news/articles/2024-02-29/disagreement-on-ukraine-gaza-set-to-prevent-g-20-communique
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Lula’s gaffes are dulling Brazil’s G20 shine: Its relationships with the West are healing. But Brazil has not decided what kind of country it will be
econ.st/49xNe3g
Yellen says global economy remains resilient, lauds US as growth driver: Strong U.S. economic growth has been a "key driver" of better than expected global ...
reut.rs/3wDgrew
Quick Glance: Yellen urges release of Russian Central Bank funds for Ukraine
- US Treasury Secretary Janet Yellen supports unlocking frozen Russian Central Bank assets for Ukraine's reconstruction.
- Yellen emphasizes the international legality and necessity of this move to counter Russia's threat to global stability.
- Using these funds would show Russia it can't win the war and encourage peace talks with Ukraine.
- Debate over using frozen Russian assets grows amid uncertain Ukraine funding and US Congressional stalemate.
LIVE: Heads of IMF and World Bank speak at G20 meeting twitter.com/i/broadcasts/1vOxwjRBpEmJB
twitter.com/i/broadcasts/1vOxwjRBpEmJB
Western powers tangle over Russian assets at G20 finance meeting: Brazil's Finance Minister Fernando Haddad on Wednesday warned of global economic challenges ...
reut.rs/3wBvENp
Israel-Hamas War Splits G-20, Risks Paralyzing Group: The Group of 20 countries are so fragmented on the Israel-Hamas war and Russia’s invasion of Ukraine that ...
bloomberg.com/news/articles/2024-02-20/israel-hamas-war-splits-g-20-risks-paralyzing-group
G20 says two-state solution only answer to Israel-Palestinian conflict: Foreign ministers at the G20 group of nations meeting in Brazil were nearly unanimous in ...
reuters.com/world/middle-east/eu-sees-g20-consensus-two-state-solution-israel-palestinian-conflict-2024-02-22/
Russia says G20 Ukraine discussion is 'destructive': The inclusion of the topic of Ukraine at the Group of 20 meetings is destructive and the politicisation of ...
reut.rs/49H6c7d
‘A historic step’: G20 discusses plans for global minimum tax on billionaires: Leaders gather in Brazil to explore solutions to hypermobile super-rich avoiding ...
theguardian.com/news/2024/feb/29/taxation-worlds-billionaires-super-rich-g20-brazil
Cracks in G20 let Russia grow trade with China and India: SAO PAULO/LONDON -- As Group of 20 finance ministers meet in Brazil, divisions within the G20 have ...
asia.nikkei.com/Politics/International-relations/Cracks-in-G20-let-Russia-grow-trade-with-China-and-India
Brazil’s Lula to give larger voice for Global South in G20 presidency: Brazil’s President Luiz Inacio Lula da Silva has set his sights on giving the Global South ...
english.alarabiya.net/News/world/2024/02/27/Brazil-s-Lula-to-give-larger-voice-for-Global-South-in-G20-presidency
New Trump term would mean more risk, opportunity in China ties: Ian Bremmer is president of Eurasia Group and GZERO Media, and author of "The Power of ...
asia.nikkei.com/Opinion/New-Trump-term-would-mean-more-risk-opportunity-in-China-ties
Brazil’s Holocaust Remarks Turn G-20 Into High-Stakes Affair: The international outcry over Brazil comparing Israel’s actions in Gaza to the genocide during ...
trib.al/ZsO5AXH
We need more large companies to aid India's high growth: Amitabh Kant: Business Standard Manthan: Amitabh Kant discusses India's role in G20 and path to becoming ...
business-standard.com/specials/bs-events/we-need-more-adanis-ambanis-marutis-for-india-to-grow-amitabh-kant-124032800653_1.html
We cannot grow at high rates without being a manufacturing nation. We need manufacturing-led urbanization in a sustainable manner, says @amitabhk87 , G20 Sherpa ... Show more #thoughtleadershipsummit #BSat50 #50YearsOfBusinessStandard #bsmanthan
Brazil’s Vision for G20 Leadership Faces Global Political Hurdles: This year, Brazil begins its ambitious role as G20's rotating president ...
riotimesonline.com/brazils-vision-for-g20-leadership-faces-global-political-hurdles/
G20’s Wealth Tax Debate: A Shift Towards Equality: At a recent G20 finance ministers' gathering, wealthier countries resisted efforts to reform tax systems ...
riotimesonline.com/g20s-wealth-tax-debate-a-shift-towards-equality/
At G20 meeting, Western ministers criticize Russia over Ukraine: Western foreign ministers from the G20 group of nations meeting in Brazil on Wednesday attacked ...
reuters.com/world/g20-ministers-discuss-conflicts-global-governance-brazil-2024-02-21/
Brazil’s Haddad Call for Billionaire Tax at G20: Brazil's Finance Minister, Fernando Haddad, has taken a strong stance at the G20 meetings ...
riotimesonline.com/brazils-haddads-call-for-billionaire-tax-at-g20/
We need more large companies to aid India's high growth: Amitabh Kant: Business Standard Manthan: Amitabh Kant discusses India's role in G20 and path to becoming ...
business-standard.com/specials/bs-events/we-need-more-adanis-ambanis-marutis-for-india-to-grow-amitabh-kant-124032800653_1.html
Brazil kicks off G-20 presidency with calls for UN reform: Brazil's foreign minister criticized the United Nations and other multilateral institutions for ...
dailysabah.com/world/americas/brazil-kicks-off-g-20-presidency-with-calls-for-un-reform
Brazil urges G20 to enforce global tax on super-rich in battle against tax evasion
wionews.com/business-economy/brazil-urges-g20-to-enforce-global-tax-on-super-rich-in-battle-against-tax-evasion-695416
Group of 20 Diplomats Have Never Looked More Divided Over Gaza, Ukraine: Welcome to Balance of Power, bringing you the latest in global politics ...
bloomberg.com/news/newsletters/2024-02-21/group-of-20-diplomats-have-never-looked-more-divided-over-gaza-ukraine
Angela Sarafyan Rounds Out Viola Davis Amazon MGM MRC Action Thriller ‘G20’: Angela Sarafyan rounds out Viola Davis Amazon MGM MRC Movie 'G20'
deadline.com/2024/03/angela-sarafyan-viola-davis-amazon-mgm-g20-1235865354/
At G20 meeting with Lavrov, Baerbock calls on Russia to end war: At a meeting of G20 foreign ministers, German Foreign Minister Annalena Baerbock has called on ...
pravda.com.ua/eng/news/2024/02/22/7443193/
Posters of PM Modi remain at Pune Railway Station despite 48 hours of MCC enforcement: Report
deccanherald.com/elections/india/posters-of-pm-modi-remain-at-pune-railway-station-despite-48-hours-of-mcc-enforcement-report-2944482
Brazil to Use G-20 to Push for UN Reforms Amid Conflict Deadlock: Brazil wants to use the nation’s presidency of the Group of 20 nations this year to push for ...
bloomberg.com/news/articles/2024-03-15/brazil-to-use-g-20-to-push-for-un-reforms-amid-conflict-deadlock
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Japan eyes new embassy post to promote cross-border business ties: TOKYO -- Japan is looking to create a post at its embassies dedicated to promoting ...
asia.nikkei.com/Politics/International-relations/Japan-eyes-new-embassy-post-to-promote-cross-border-business-ties
Shehbaz Sharif announces aim to join G20, rakes up Kashmir after being 'elected' Pakistan PM: Top points
wionews.com/south-asia/shehbaz-sharif-announces-aim-to-join-g20-calls-for-freedom-of-kashmir-after-being-elected-pm-top-points-696200
Quick Glance: Sharif New Premier of Pakistan Amid Allegations of Election Fraud
- Pakistan's National Assembly elected Shehbaz Sharif as prime minister, despite Imran Khan's allies alleging rigging.
- Sharif won with 201 votes, defeating Omar Ayub who got 92 votes.
- Khan, imprisoned and barred from office, was replaced by Sharif after a no-confidence vote.
- Sharif emphasized reconciliation and economic challenges, while Khan's party continues to protest alleged vote-rigging.
Moody’s: Argentina will be only G20 economy to shrink this year: According to Moody’s ratings agency, economic activity will contract by five percent his year – ...
batimes.com.ar/news/economy/moodys-says-argentina-will-be-only-g20-country-to-sustain-a-fall-this-year.phtml
Brazil G20: Lula to push for new world order with ‘Global South’ at centre: World leaders' failure to stop Israel from killing Palestinians in Gaza may ...
trtworld.com/magazine/brazil-g20-lula-to-push-for-new-world-order-with-global-south-at-centre-17236733
Brazil proposes a global tax on the super-rich: Brazil’s finance minister told his peers during a G20 meeting in Sao Paulo that countries should implement a ...
apnews.com/article/brazil-g20-economy-finance-ministers-tax-super-rich-282e2982e53bfb7f63752bc969da6d72
Elizabeth Warren’s Tax Guru Makes Case at G-20 to Soak Global Billionaires: Brazil wants billionaires to pay more in the global fight against poverty ...
bloomberg.com/news/articles/2024-02-29/elizabeth-warren-s-tax-guru-makes-case-at-g-20-to-soak-global-billionaires
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Arab finance ministers discuss multilateralism, economic development at G20 meeting in Brazil
arabnews.com/node/2469361/business-economy
Africa: What Kind of Influence Can Africa Wield At the G20?: Analysis - Decisions from the recent African Union summit suggest that gains can be made ...
allafrica.com/stories/202402290002.html
G20 finance chiefs fail to reach joint statement amid Gaza, Ukraine debates: SAO PAULO (Reuters) -- Finance leaders from the world's largest economies ...
asia.nikkei.com/Politics/International-relations/G20-finance-chiefs-fail-to-reach-joint-statement-amid-Gaza-Ukraine-debates2
Viola Davis' JuVee Productions to Shoot Refugee Drama in South Africa: After shooting epic 'The Woman King' and action-thriller 'G20' in ...
variety.com/2024/film/global/viola-davis-juvee-productions-wraps-g20-refugee-drama-south-africa-1235927542/
Şimşek meets with Yellen - Latest News: Treasury and Finance Minister Mehmet Şimşek has met with U.S. Treasury Secretary Janet Yellen on the sidelines of the G20 ...
hurriyetdailynews.com/simsek-meets-with-yellen-191185
G-20 Stays Quiet on Debt After China Delegates Raised Objections
bloomberg.com/news/articles/2024-02-28/g-20-gets-all-coy-about-debt-even-as-members-borrowings-balloon
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G20 meeting ends without joint statement on global conflicts: Host Brazil says the group is divided over 'ongoing conflicts', without explicit mention of Ukraine ...
freemalaysiatoday.com/category/world/2024/03/01/g20-meeting-ends-without-joint-statement-over-global-conflicts/
Yellen, Saudi finance minister discuss economy, collaboration at G20 meeting: US Treasury Secretary Janet Yellen met with Saudi Arabia’s finance minister ...
english.alarabiya.net/News/saudi-arabia/2024/03/01/Yellen-Saudi-finance-minister-discuss-economy-collaboration-at-G20-meeting
Brazil Champions Controlled Inflation at G20: Roberto Campos Neto, leading Brazil's Central Bank, underscored the need for low, stable ...
riotimesonline.com/brazil-champions-controlled-inflation-at-g20/
Miss Trinidad and Tobago World gains further attention at pageant challenge - Trinidad and Tobago Newsday
newsday.co.tt/2024/02/26/miss-trinidad-and-tobago-world-gains-further-attention-at-pageant-challenge/
Brazil urges ‘new globalization’ at G20 meet overshadowed by Ukraine: SAO PAULO: Brazil called for a “new globalization” to address poverty and climate change as ...
arabnews.com/node/2468511/world
Fidan, Lavrov discuss Gaza, Ukraine wars - Türkiye News: Turkish and Russian foreign ministers, Hakan Fidan and Sergey Lavrov respectively ...
hurriyetdailynews.com/fidan-lavrov-discuss-gaza-ukraine-wars-191011
Global tax deal under threat from US politics and fraying consensus : G20 finance ministers to discuss ways to save reforms to way multinationals are taxed
ft.com/content/cd88500d-a063-4f15-b6ad-e453a1d8b16d
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Why culture was recognised as a goal for the first time under India’s G20 presidency
indianexpress.com/article/opinion/columns/why-culture-was-recognised-as-a-goal-for-the-first-time-under-indias-g20-presidency-9184873/
Rise of the Global South: How Brazil wants to change the G20: Brazilian President Lula da Silva is the newest one-year president of the G20 ...
csmonitor.com/World/2024/0227/Rise-of-the-Global-South-How-Brazil-wants-to-change-the-G20
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Global 'War on Fair Taxation' Has Slashed Taxes for Richest 1% by a Third: Years of tax cuts and elites' "war on democracy" have fueled inequality ...
commondreams.org/news/oxfam-war-on-taxation
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