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The Latest Breaking News from G20

US threat to sanction China is spooking other Asian nations

U.S. President Joe Biden’s warning of unspecified consequences if China supports Russia has smaller Asian nations worried they’ll be subject to similar penalties for maintaining neutrality over Russian President Vladimir Putin’s war.

Tribune News Service

Russia's G20 membership under fire from U.S., Western allies

The United States and its Western allies are assessing whether Russia should remain within the Group of Twenty (G20) grouping of major economies following its invasion of Ukraine, sources involved in the discussions told Reuters on Tuesday.

Reuters

SA hospitals under ‘extraordinary strain’; Perrottet asks MP to resign after charges – as it happened

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The Guardian - AU

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China says G20 is not an appropriate forum to discuss Ukraine issue

The G20 grouping of nations is not an appropriate forum to discuss the Ukraine issue, a spokesperson for China's foreign ministry told a regular news conference in the Chinese capital on Tuesday.

Reuters

Crown Prince: Saudi Economy to Grow Around 7% in 2023

Saudi Arabia's economy is expected to grow around 7% in 2023, Crown Prince Mohammed bin Salman said. “Next year, the whole economy is going to grow by almost 7%, he said. "Saudi is not a small country, it's a G20 country growing fast. So where is the potential in the…

Asharq Al-Awsat

Saudi Crown Prince Says There’s an Opportunity to Boost Interests with US or Downgrade Them

Saudi Crown Prince Mohammed bin Salman said the Kingdom has “a long, historical relationship with America” and that there’s “a huge opportunity to boost” all interests. “And there is also a big possibility it could be downgraded in many areas,” he said. “Whether you want to win in Saudi Arabia…

Asharq Al-Awsat

Only 6% of G20 pandemic recovery spending ‘green’, analysis finds

Analysis of the G20 fiscal stimulus spending counters many countries pledges to ‘build back better’

The Guardian - UK

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Morrison would favour expelling Russia from G20, as Australia provides $105 million for Ukraine assistance

Scott Morrison has announced A$105 million in a package of military and humanitarian assistance for Ukraine, and flagged he would support Russia being thrown out of the G20.

The Conversation

Death toll rises to 10 as bodies found in Lismore and Glen Esk – as it happened

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The Guardian - AU

Canada's Freeland strays from G20 economic script to warn Russia on Ukraine - sources

Canadian Finance Minister Chrystia Freeland stepped well beyond economic policy at a G20 finance meeting on Friday to issue an "impassioned" warning to her Russian counterparts not to invade neighboring Ukraine, two sources familiar with her remarks said.

Reuters

Hard data blows apart UK rhetoric on leading the way to a green economy

Even if the optimists are right and the picture is brighter than the ONS suggests, there’s still a long way to go

The Guardian - UK

India calls for more multi-lateral funding to prepare for future pandemics

India on Thursday urged the world's biggest 20 economies (G20) to make joint efforts to ensure increased multi-lateral funding by global institutions including the International Monetary Fund to prepare for future pandemics.

Reuters

WHO calls for strengthened role as U.S. proposes new pandemic fund

Efforts to strengthen global health security will only succeed if the role of the World Health Organization (WHO) is enhanced, the agency's head said on Thursday, as its biggest donor, Washington, proposed a new global pandemic prevention fund.

Reuters

G20 warned of Ukraine threat to global recovery

Jakarta (AFP) - The crisis in Ukraine is a serious threat to the global economy's post-pandemic recovery, Indonesia's leader on Thursday warned a meeting of finance chiefs from the G20 nations.

AFP

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AFP

G20 finance leaders' meeting begins with Ukraine warning

Jakarta (AFP) - Finance ministers and central bank governors of G20 nations began a two-day meeting Thursday with Indonesia's leader warning the Ukraine crisis was a threat to the post-pandemic recovery.

AAP

Australia tells G20 of Ukraine concerns

Treasurer Josh Frydenberg has told G20 finance ministers of Australia's deep concerns regarding the Ukraine crisis at a meeting in Jakarta.

Bangkok Post

Widodo: Now is not time for geopolitical tension

JAKARTA: Indonesian President Joko Widodo on Thursday called for collaboration between countries to promote a global economic recovery and said now was not the time to create geopolitical tensions, such as the situation happening in Ukraine.

AFP

China needs to be 'more active' in G20 debt relief effort: Yellen to AFP

Washington (AFP) - US Treasury Secretary Janet Yellen said China needs to do more to accelerate global efforts to provide debt relief for poor nations that ramped up borrowing during the pandemic.

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Reuters

G20 finance chiefs to discuss Ukraine this week - German official

Finance chiefs from the Group of 20 leading economies will discuss the Ukraine crisis this week but it is unclear whether they will issue a joint statement with a political signal or simply exchange views, a German government official said on Wednesday.

Asharq Al-Awsat

Sources: Planned Meeting of G7 Finance Officials Delayed Until March

This week's meeting of finance officials from the Group of Seven advanced economies has been delayed until March 1, two sources familiar with the plans said on Tuesday night. Finance minister and central bankers from the United States, Britain, Germany, France, Italy, Canada, Japan and the European Union were due…

AAP

Treasurer heading to Jakarta for G20

Treasurer Josh Frydenberg is heading to Jakarta for a G20 finance ministers meeting over February 17 and 18.

The Canberra Times

Treasurer heads to Indonesia for G20 economic talks

Federal Treasurer Josh Frydenberg is jetting off to Indonesia for his first G20 visit in two years.

The Hindu

Cabinet approves Secretariat for 2023 G20 summit

An ‘apex committee’ will be headed by PM

Reuters

Indonesia to urge G20 to establish global health fund

Indonesia will urge the Group of 20 leading economies to establish a global body that can dispense emergency funds during a health crisis, functioning in a similar way to international financial institutions, its health minister said on Friday.

Bangkok Post

Richest nations urged to lead on nature protection

KUALA LUMPUR: The world's 20 richest nations should more than double their annual spending to protect and restore nature to US$285 billion by 2050, the United Nations and donors said on Thursday, calling for private and overseas investments to be ramped up too.

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