The Latest Breaking News from G20

KUALA LUMPUR: Indonesia is on track to secure a clean energy partnership with rich countries when it hosts a G20 summit in November, obtaining international funding to cut its reliance on coal power and to implement a green and fair transition, energy analysts said.

U.N. chief Antonio Guterres on Wednesday sought India's support in mobilising G20 nations to help out developing countries saddled with debt, with three of India's neighbours already seeking IMF loans as their economies struggle.

The real GDP growth projections of the Saudi economy are expected to reach 9.9 percent this year, and six percent in 2023, recording the highest growth rate among the G20 countries, according to a report by the Organization for Economic Cooperation and Development (OECD). The report "OECD Economic Outlook Interim…

Twenty countries facing worst impact of global heating set out proposals for loss and damage payments

The difficulties involved in freeing Brittney Griner from her imprisonment in Russia were brought into stark relief this weekend

Ukrainian presidential adviser Mykhailo Podolyak said after a new wave of Russian drone attacks on Ukrainian cities on Monday that Russia should be expelled from the Group of 20 major economies and other international groups.

After OPEC+ decided to cut oil production, the US accused the Saudis of aligning with Russia, worsening their relations.

Countries have responded to a series of shocks by looking out for themselves, which could increase volatility and uncertainty

Saudi Finance Minister Mohammad Al-Jadaan said that he had emphasized the need to protect supply chains from any future disruptions during his participation in the recent meeting of G20 finance ministers in Washington. Concerns pertaining to the Covid-19 pandemic and its variants, in addition to geopolitical tensions, have increased supply…

Chad's creditors on Thursday said they had agreed that the African country did not need debt relief at the moment given a surge in oil prices, but committed to reconvene if a financing gap was identified.

The Group of 20 major economies has "quite a lot of huge gaps" to bridge over geopolitical divisions, including the war in Ukraine, but remains in agreement over many financial issues, the group's chair said on Thursday.