The acting Spanish Minister of Industry, Commerce and Tourism, Héctor Gómez Hernández, stated this Tuesday before the European Parliament that Spain has the “necessary instruments” to assess the “possible” Saudi investment in Telefónica, of which the Government of Spain has not yet had formal notification. “As soon as we have formal knowledge of this operation, […]
Tag: G20
G20: launch ambitious plan to boost trade between the Middle East, India and Europe
Several countries of the G20 They presented on Saturday an ambitious plan to develop an infrastructure link between India, the Middle East and Europe that will boost the trade in an area that accounts for almost a third of the world economy. United States, Saudi Arabia, the European Union, the United Arab Emirates and others […]
The G20 avoids calling for the abandonment of fossil fuels in its declaration
The leaders of the G20meeting in New Delhi, avoided calling for abandoning the fossil fuelsdespite the fact that his statement released this Saturday contains warnings about the climate crisis. The leaders of the forum recognized the importance of “accelerate efforts to eliminate coal as an energy source”after a UN report noted that the abandonment of […]
India receives a divided G20, with Biden and Lula but without Xi and Putin
India will host a summit of the group of 20 major economies this weekend (G20)in which US President Joe Biden will try to take advantage of the absence of the rulers of China and Russia to foster alliances in a strongly divided bloc. Latin America will be represented by Brazilian President Luiz Inácio Lula da […]
G20 ministerial meeting ends without plan to reduce fossil fuels
The meeting in India of the energy ministers of the G20 ended this Saturday without being able to draw up an action plan for the progressive reduction of the use of fossil energies (oil, gas and coal). The final declaration of this meeting in Goa of the main advanced and emerging powers does not even […]
UNDP calls for a pause in the payment of the debt of countries due to the increase in poverty
ANDl United Nations Development Program (UNDP) proposed this Friday to G20 grant some countries a pause in the payment of their public debt so that they can respond to the increase in poverty that has been seen in recent years. In a report, the UNDP warns that between 2020 and 2023 a total of 165 […]
G20 wants to check if the current banking regulation is enough
The Financial Stability Board (FSB), which is a member of the G20 countries, wants to see if the current bank supervision and settlement regulation is sufficient to guarantee financial stability. In a letter to the G20 finance ministers, who are meeting today and tomorrow in Washington, FSB Chairman Klaas Knot says that “financial stability has […]
G20 ministers meet in India with threat of division by Ukraine
The US Secretary of State, Anthony Blinkenwill arrive in New Delhi on Wednesday for a meeting of the G20 which will also be attended by his Russian counterpart, Sergei Lavrov, and which will probably be marked by divisions over the conflict in Ukraine and the tensions with China. The two-day meeting of foreign ministers from […]
Russia accuses the West of having “destabilized” G20 meeting
Russia on Saturday accused Western powers of having “destabilized” the meeting of the G20 Finance Ministers in India trying to impose through “blackmail” a joint statement on the conflict of Ukrainewhich was not finally adopted. “We regret that the activities of the G20 continue to be destabilized by the West as a whole and used […]
G20 Finance concludes without joint statement due to disagreements over Ukraine
The meeting of finance ministers and central bankers of the G20 of developed and emerging powers concluded this Saturday in India without issuing a joint statement, due to divergences with China about the war in Ukraine. He G20 Finance It had started its conclave on Friday in Bangalore, India’s technology capital, to coordinate its responses […]