The indebtedness, the prospects for economic growth and the positions on economic sanctions to Russiain addition to supporting Ukraine, they will press alliances and cohesion capacity at the meeting of finance ministers and central banks of the G20 this week in the city India from Bangalore. The ministerial meeting, the first high-level meeting under the […]
Tag: G20
IMF: financial leaders to seek debt solutions for G20
World finance and banking leaders will discuss how to address the bottlenecks preventing rapid debt restructuring for fragile nations when they meet in India next week, a senior official at the International Monetary Fund has said. Fiscal and monetary officials heading to Bangalore next week will seek consensus on deadlines and deadlines, as well as […]
Biden and Xi vow to avoid US-China conflict by opening summit in Bali
The presidents of the United States and China, Joe Biden and Xi Jinping, defended the need to avoid conflict and better manage relations between the two powers during their first personal meeting as leaders. After years of escalating economic and geopolitical tensions, the rulers of the world’s two largest economies have shaken hands as they […]
UN asks the G20 for urgent measures in the face of a developing world crisis
The general secretary of the UN, Antonio Guterreswants the countries of the G20 take urgent action to contain the economic crisis in the developing world, which they say is being exacerbated by a “unfair global financial system”. This was stated by Guterres in a letter sent to the finance ministers and governors of the central […]
The US, the EU and other countries leave the G20 meeting in which Russia was present
Finance officials from the United States, the European Union (EU) and France, among others, walked out of a hybrid G20 meeting in Washington on Wednesday, protesting Russia’s presence and invasion of Ukraine, US sources said. Community and French. US Treasury Secretary Janet Yellen; the French Minister of Finance, Bruno Le Maire, and the European Commissioner […]
The G20 pledges US$60 billion for post-COVID recovery
The G20 finance ministers and central bank governors pledged this Friday in Jakarta to allocate US$60 billion (about 52.8 billion euros) to support the most needy countries in post-COVID recovery. In a joint statement after two days of meeting, the ministers and governors declared that they will try to increase the commitment to US $ […]
Russia and China tone down the G20 text on geopolitical tensions
Russia and China have watered down a statement drafted by the heads of the Group of 20 (G20) major world economies to remove a reference to “current” geopolitical tensions clouding the economic outlook, according to sources at the talks. The talks were held both online and in person in Jakarta, and the final communiqué will […]
UN promotes a methane observatory to stop global warming
Updated 10/31/2021 12:05 pm The Program of United Nations for the Environment (UNEP) launched today, within the framework of the G20 summit in Rome, the International Methane Emissions Observatory (IMEO), an entity that will promote actions to reduce emissions of this greenhouse gas “responsible for at least a quarter of the climate change actual”. The […]
Argentina criticizes in the G20 that the debt with the IMF “condemns generations”
The president of Argentina, Alberto Fernandez, criticized today in his speech at the first session of the G20 leaders’ summit in Rome that the country’s high debt of more than US $ 46,000 million with the International Monetary Fund (IMF) “Condemns generations” and charged against “the capitalism of production” and “the logic of financial speculation.” […]
G20 leaders approve global corporate tax
Updated on 10/30/2021 12:27 pm The leaders of the Group of 20 have unanimously approved a tax global minimum to large companies, as the US Treasury Secretary Janet Yellen described as beneficial to employers and workers, Months ago the finance ministers of the Group of 20 had agreed to a minimum tax of 15% to […]