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The Latest Breaking News from G20

Russian oil exports back above pre-Ukraine war levels as India and China buy 90% of Moscow’s crude

Asian giants are buying 1.5 million barrels a day from Russia – each

The Independent UK

India defends G20 Kashmir venue, countering Pakistan criticism

India on Thursday countered Pakistan's objection to the holding of Group of 20 (G20) meetings in the Himalayan regions of Kashmir and Ladakh, saying it was free to hold meetings on its own territory.

Reuters

Wealthy west has little excuse after finally waking up to global debt crisis

As recent banking failures in US and Europe show, rich countries can act quickly when they want to

The Guardian - UK

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News briefs

A G-20 finance meeting communique is unlikely again amid war

Tribune News Service

Saudi Arabia Tops G20 in Non-oil Private Sector PMI

Saudi Arabia topped the G20 countries in the performance of the purchasing managers’ index (PMI) for the non-oil private sector, in January 2023. The index recorded headline growth at 58.2 points, marking consecutive growth since September 2020 and reflecting the strength and durability of the Kingdom’s economy despite the state…

Asharq Al-Awsat

SNP blame 'Tory economic incompetence' as UK set for worst growth in G7

The International Monetary Fund said the UK's economy will grow slower than most other G20 countries.

Daily Record

Pakistan criticises India’s move to host G20 meeting in Srinagar

India assumed the presidency of the G20, an economic bloc comprised of 19 countries and the European Union, in December.

Al Jazeera

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Pakistan condemns India's decision to hold G20 meetings in Kashmir

Pakistan on Tuesday condemned India's decision to hold Group of 20 meetings in the disputed Himalayan territory of Kashmir next month, calling the move "irresponsible".

Reuters

G20 finance heads face reform calls from Global South

Finance ministers and central bank governors are meeting at the IMF to discuss challenges facing global economy.

Al Jazeera

India wants key supply-chain role as firms shift From China

WASHINGTON: India seeks to be more involved in world supply chains and serve as an alternative to China through output-incentive plans and the growth of its domestic consumer market, finance minister Nirmala Sitharaman said.

The Times of India

Ukrainian deputy foreign minister due to seek Indian aid - report

Ukraine's First Deputy Foreign Minister Emine Dzhaparova will ask India on an upcoming visit for humanitarian aid and equipment to repair energy infrastructure damaged during Russia's invasion, a newspaper reported on Saturday.

Reuters

Quizzes to pics on apps: The unprecedented CBSE push for Modi govt campaigns in schools

In February, the Central Board of Secondary Education was accused of acting as a PR agency for the Narendra Modi government when it decided to add G20 logos to the admit cards of students appearing for their Class 10 and 12 board exams. But it wasn’t the first such move…

Newslaundry

Diplomacy may no longer be off table in Ukraine

The recent face-to-face between US Secretary of State Antony Blinken and Russian Foreign Minister Sergey Lavrov at the G20 gathering last month in New Delhi -- the first such high-level interaction since the start of Russia's full-scale invasion of Ukraine, suggests that diplomacy may no longer be a dirty word.

Bangkok Post

Former French Ambassador to Asharq Al-Awsat: Washington Accused Us of Lying about WMD in Iraq

Former French Ambassador Maurice Gourdault-Montagne, who recently published a remarkable book entitled "The Others Don't Think Like Us," experienced the US invasion of Iraq "first hand." Gourdault-Montagne served as the diplomatic adviser to late French President Jacques Chirac and his representative at the G7 and G20 in the summer of…

Asharq Al-Awsat

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The Independent UK

Japan PM Kishida to announce new Indo-Pacific plan in India

Japan’s Prime Minister Fumio Kishida is expected to announce a new plan for a “free and open Indo-Pacific” during his two-day visit to India that began Monday

Asharq Al-Awsat

Rating Agencies Raise Saudi Economy Rating with Positive Outlook

Rating agencies have upgraded the Saudi economy to a “positive” and stable outlook. They affirmed that the structural reforms have been reflected in the tangible progress in economic development and the support of diversification policies, especially in the non-oil sector. S&P Global Ratings upgraded its credit report for Saudi Arabia,…

The Guardian - UK

Central banks must keep interest rates high to combat inflation, says OECD

Organisation also says UK will be only G20 economy apart from Russia to shrink this year

Dynamite News

BMC constitutes 7-member committee to control Mumbai's air pollution

In a bid to control dust in the air, the main factor contributing to air pollution, BMC Commissioner on Sunday constituted a seven-member committee and directed it to submit a report within a week. Read further on Dynamite News:

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The Independent UK

Putin ‘expected to attend G20 summit in India’ after Kremlin clears diary

Russian leader could be in the same room as Western leaders for the first time since the Ukraine war

Tribune News Service

Will Putin attend G-20 Summit in India? Kremlin clears his diary

The Kremlin is opening up Vladimir Putin’s schedule around this year’s G-20 summit in India in September to make it possible for the Russian president to participate in the leaders’ gathering after skipping the last two, according to people familiar with the planning.

Asharq Al-Awsat

Saudi Economy Registers Highest Growth among G20 Countries

Saudi Arabia’s gross domestic product (GDP) grew by 8.7 percent in 2022, registering the highest growth rate among the G20 countries, despite the complex economic conditions and challenges facing the world. This rise has exceeded the expectations of international organizations, which have estimated the Saudi GDP to increase by 8.3…

Bangkok Post

West's message on war gets lost

Here in New Delhi, policymakers are beginning to worry. India's long-awaited presidency of the G-20 grouping is turning out to be even more difficult than they anticipated.

Asharq Al-Awsat

Riyadh Stresses Importance of Collective Work, Pursuing Dialogue, Peace

The Saudi government stressed on Tuesday the importance of collective work to confront global challenges. Prince Mohammed bin Salman, Crown Prince and Prime Minister, chaired the cabinet meeting that was held in Riyadh. The government also underscored the need to improve conditions conducive to holding dialogue and reaching peace to…

ABC News

Anthony Albanese heads to India with the hopes of securing lucrative opportunities for Australia

Prime Minister Anthony Albanese is due to touch down in India today for a visit to shore up ties with the South Asian nation as it strives to become the next economic superpower.

Bangkok Post

India overcomes leadership limitations

If anything, the outcome of the G20 foreign ministerial meeting was a good barometer of the true nature of India's potential as a global power. On its own turf, it still was not able to garner support from all the G20 members to agree on the joint ministerial statement last…

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