Topic

G20i

The Group of 20, or G20 as it is more commonly known, is an annual meeting of leaders from 19 major nations plus the European Union.

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  • Third meeting of Economic Working Group also covered financial cooperation within the G20 framework, industrial policies and debt issues
  • US delegates in Beijing raised issues with China’s overcapacity and its impact on American workers and firms
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Targeting more renewable energy without limiting fossil fuel production is likely to slow the clean energy transition, a goal that many of the biggest fossil fuel producers are eyeing.

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Addressing G20 leaders for the first time since the start of the war, the Russian president said Moscow had never refused peace talks with Kyiv.

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The president did not travel to the last two G20 meetings, hosted by India in September and Indonesia last year, sending Sergey Lavrov, foreign minister, in his place.

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In Asia, just Singapore and Hong Kong have regulated cryptocurrency markets but scandals, collapses of crypto exchanges continue to test investors’ faith.

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US Commerce Department says the businesses support Russia’s military by supplying microelectronics that can be used for missile and drone guidance systems.

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At the first high-level talks between China and Germany in four years, both sides agree to update a financial cooperation agreement, but trade appears sidelined.

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The US ambassador to Canada says intelligence gained by the Five Eyes network led to Justin Trudeau’s linking of New Delhi to Hardeep Singh Nijjar’s assassination.

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More than 500 protests were planned around the world and a turnout of more than a million people is expected during Climate Week when world leaders will meet at a United Nations gathering in New York.

Delhi can be a ‘leading voice for the Global South’ and a ‘counterweight’ to players like Russia, China and the US, analysts say, giving it ‘diplomatic heft’.

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Signatories hope ambitious plans to create a modern-day Spice Route with the India-Middle East-Europe economic corridor can offer a counterbalance to lavish Chinese infrastructure spending.

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The US State Department said it expected China’s foreign minister and the US secretary of state to meet at next week’s UN General Assembly or after.

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