The Latest Breaking News from G20

UK remains ‘closest ally’, Biden tells Sunak

The new Prime Minister, who took over from Liz Truss on Tuesday, will meet Joe Biden in the coming weeks at the G20 summit in Indonesia.

The Independent UK · Oct 25, 2022

Indonesia to strike green energy deal with rich nations at G20 summit

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.

Bangkok Post · Oct 19, 2022

UN wants India to mobilise G20 to help debt-stressed countries

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.

Reuters · Oct 19, 2022

Joe Biden has ‘no plans’ to meet Saudi Arabia’s MBS at G20 summit

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

Al Jazeera · Oct 16, 2022

IMF meetings have exposed the fragmentation of the global economy

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

The Guardian - UK · Oct 15, 2022

Saudi Arabia Calls for Limiting Global Supply Chain Disruptions to Protect Energy, Food Security

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…

Asharq Al-Awsat · Oct 15, 2022

India briefs G20 finance ministers and central bank governors on its 2023 agenda

WASHINGTON: India on Thursday briefed the finance ministers and central bank governors of G-20 countries about its agenda for the next year when it assumes the rotating annual presidency of the grouping.

The Times of India · Oct 14, 2022

Creditors say Chad does not need debt relief now given oil price surge

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.

Reuters · Oct 13, 2022

G20 chair Indrawati says 'huge gaps' remain on Ukraine war, geopolitical issues

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.

Reuters · Oct 13, 2022

India will leave a mark on the world for years to come, says IMF MD

WASHINGTON: Amid rising geopolitical pressures and uncertainty surrounding the world, the International Monetary Fund's (IMF) managing director Kristalina Georgieva on Thursday said that the Indian economy will make a mark on the world for years to come.

The Times of India · Oct 13, 2022