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The Latest Breaking News from G20

France says global talks on taxing tech giants being blocked by US, India

International talks aimed at taxing global tech giants that declare profits in only a few jurisdictions have hit a standstill due to opposition from countries including the US and India, France's finance minister said on Monday. This week's G20 meeting will attempt to get the ball rolling again.

Radio France Internationale

U.S. to push debt relief, Ukraine aid at G20 finance meeting in India

U.S. Treasury Secretary Janet Yellen will travel to India next week for G20 finance meetings that will focus on unblocking distressed-country debt restructuring, boosting support for Ukraine and reforming multilateral development banks.

Reuters

Mehrauli demolition: Survey DDA relied on was found incomplete by HC panel last year

Before the demolition drive in south Delhi’s Mehrauli was halted by the Delhi High Court, anxious residents would wake up each day and ask themselves: “Who’s next?” “Who has got a stay?”

Newslaundry

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‘Scandalous’ Tory government spending on lavish hotels, furnishings and booze revealed

Labour reveals dossier exposing use of taxpayer-funded debit cards

The Independent UK

Labour condemns ‘catalogue of waste’ on government ‘credit cards’

Analysis of civil service spending includes Rishi Sunak’s Treasury department spending £3,000 on Tate photographs

The Guardian - UK

Rishi Sunak and Tory ministers accused of 'scandalous catalogue of waste' with lavish spending

In a new dossier, Keir Starmer's Labour claims taxpayers' money has been used to fund extravagant events, expensive restaurants and five-star hotels using Government Procurement Cards

Daily Mirror

Tory ministers accused of five-star lifestyle and using public money ‘like a cash machine’

Labour to publish dossier of spending by government representatives on luxury hotels and chauffeur hire

The Guardian - UK

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U.S. offers support to India's G20 presidency on energy, food issues

The United States will support India's G20 presidency including on issues such as food and energy security, the U.S. embassy there said on Tuesday, as New Delhi seeks the backing of its partners ahead of key meetings starting this month.

Reuters

UAE, France, India Establish Trilateral Cooperation Initiative in Energy, Climate Change

UAE, France and India announced on Saturday a formal trilateral cooperation initiative with the aim of expanding cooperation in several areas of mutual interest, including energy and climate change. The plan was finalized during a phone conversation among UAE's FM Sheikh Abdullah bin Zayed Al Nahyan, India’s Minister for External…

Asharq Al-Awsat

Delhi govt seeks Rs 927 crore from Centre for G20 summit preparations

NEW DELHI: Delhi deputy chief minister Manish Sisodia on Saturday wrote a letter to the Union finance minister Nirmala Sitharaman seeking a grant of Rs 927 crore to take up special development work for the G20 summit in the national capital.

The Times of India

Saudi Arabia Urges Int’l Community to Assume Responsibilities in Ending Israeli Occupation

The Saudi government urged on Tuesday the international community to assume its responsibilities in ending the Israeli occupation of Palestinian territories. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Riyadh. The government also underscored the need to revive the peace…

Asharq Al-Awsat

Saudi Sherpa Discusses Priorities of G20 Meetings in India

Saudi officials reviewed the priorities of the G20 for the current year, which include supporting global economic growth in light of geopolitical tensions, strengthening global value chains and flexible logistics services, in addition to a range of issues related to health, energy, food security, education, tourism, the labor market and…

Asharq Al-Awsat

Modi mantra now resonates world over: Yogi Adityanath

LUCKNOW: Uttar Pradesh Chief Minister Yogi Adityanath on Sunday said 'Modi hai to mumkin hai' is not limited to India anymore but has spread globally, a proof of that is India's presidency of G20 group, as he exhorted the BJP workers to gear up for the 2024 general election.

The Times of India

Modi mantra now resonates world over: UP CM Yogi Adityanath

LUCKNOW: Exhorting BJP workers on Sunday, Uttar Pradesh CM Yogi Adityanath said that the resonance of the slogan 'Modi ha to mumkin hai' is not limited to India anymore but has spread globally, a proof of that is India's presidency of G20 group.

The Times of India

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Reuters

G20 creditors ready to discuss Ghana debt, Paris Club official says

All member countries of the G20 group economic powers are on board to discuss restructuring Ghana's debt and Paris Club members are prepared to form a creditor committee soon, an official from the Paris Club said on Thursday.

Bangkok Post

Keys to sustainable growth

In November, hundreds of corporate CEOs and heads of state convened in Bali, Indonesia, for the B20 global business summit. The topics on the agenda this year revolved around three interconnected goals: sustainability, inclusion and economic growth.

Al Jazeera

Is crypto about to go extinct?

It will likely survive, but only after more firms and currencies crash and burn. Here’s why.

Bangkok Post

Thai diplomacy extends to Global South

At last week's virtual summit organised by Indian Prime Minister Narendra Modi to gather input from members of the Global South, Thailand diligently reached out to the world's developing and less developing countries with a holistic approach focusing on human security and balanced development.

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Reuters

Ghana requests G20 Common Framework debt restructuring -source

Ghana requested on Tuesday to restructure its bilateral debt under the common framework platform supported by the Group of 20 major economies, a source familiar with the situation told Reuters.

Salon

War accelerating clean energy adoption

Call it the Putin effect: Russia’s war is speeding up the global shift away from fossil fuels

Dynamite News

Kolkata to host first Meeting of Global Partnership For Financial Inclusion Working Group on Jan 9-11

The G20 India on Wednesday said the first Meeting of Global Partnership for Financial Inclusion (GPFI) Working Group of G20 under the Finance Track under India's G20 Presidency would be hosted in Kolkata. Read on for details:

The Times of India

G20: MCD identifies 257 roads for repair work in Delhi, to fix potholes on 40 streets

NEW DELHI: The Municipal Corporation of Delhi has identified nearly 260 streets and roads for repairs as part of it's efforts to spruce up the national capital for next year's G20 summit and meetings.

The Times of India

Indian economy presents a picture of resilience amid global shocks: RBI governor Shaktikanta Das

MUMBAI: Amid global shocks and challenges, the Indian economy presents a picture of resilience and the regulators are ready to take appropriate actions to preserve financial stability, RBI governor Shaktikanta Das said on Thursday.

Al Jazeera

Russia rejects Zelenskyy’s ‘peace formula’: Lavrov

Zelenskyy’s 10-point peace plan envisages Russia restoring Ukraine’s territorial integrity.

The Independent UK

Zelensky says he counts on ‘India’s participation’ in implementation of peace plan in call with Modi

Ukrainian leader also takes apparent parting shot at India’s growing ties with Russia

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