G20

Welcome to our G20 Blog Section, here you will find information and latest news on the G20.

The G20 is an informal group of 19 countries and the European Union, with representatives of the International Monetary Fund and the World Bank. The finance ministers and central bank governors began meeting in 1999, at the suggestion of the G7 finance ministers in response to the global financial crisis of 1997-99.

The Group of Twenty (G20) is an international forum that brings together the world’s 20 leading industrialised and emerging economies. The group accounts for 85 per cent of world GDP and two-thirds of its population.

Much of the important business takes place on the sidelines and in informal meetings.

Membership of the G20 consists of 19 individual countries plus the European Union (EU). The EU is represented by the European Commission and by the European Central Bank. Collectively, the G20 economies account for around 85% of the gross world product (GWP), 80% of world trade (or, if excluding EU intra-trade, 75%), two-thirds of the world population,and approximately half of the world land area.

Below is our list of blogs about G20.

Oil and agriculture experienced a mini-recession in 2016 that might have influenced the presidential election | Commentary

The view from Washington At the Treasury Department, which is responsible for the United States’ currency policies, it seemed well into 2015 that the strengthening dollar was mostly benign. “There was a sense that the U.S. was doing well and the rest of the world was not doing very well,” said Nathan Sheets, a Treasury undersecretary at the time and now chief economist at PGIM Fixed Income. “It was driven by strong U.S. fundamentals.” But in late summer 2015, financial…

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Regulators, markets must embrace new tech for enhanced transparency

By Allan D. Grody, opinion contributor — 10/06/18 04:00 PM EDT The views expressed by contributors are their own and not the view of The Hill © Getty Images (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = “http://connect.facebook.net/en_US/sdk.js#xfbml=1&appId=566538590082898&version=v2.9”; fjs.parentNode.insertBefore(js, fjs); }(document, ‘script’, ‘facebook-jssdk’)); Source link

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Trump May Meet Xi at G-20 Summit to Discuss Trade, Kudlow Says

President Donald Trump may hold talks with his Chinese counterpart Xi Jinping at a meeting of the Group of 20 nations at the end of next month to resolve the escalating trade dispute, a senior White House adviser said. “Better to talk than not talk, but the talks have to be serious,” White House National Economic Council Director Larry Kudlow told Bloomberg Television in an interview Friday. G-20 leaders will meet in Buenos Aires from Nov. 30 to Dec. 1.…

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World leaders to take part in crisis simulation of AMR pandemic

United Kingdom : World leaders to take part in crisis simulation of AMR pandemic Oct 06, 2018 (Euclid Infotech Ltd via COMTEX) — G20 leaders will come together to simulate a fictional drug-resistant E. Coli pandemic, as part of an international effort to tackle antimicrobial resistance (AMR). The governments of the UK and Argentina will lead on the exercise to test G20 world leaders on how they would tackle the spread of an infection that is resistant to antibiotics. The…

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World leaders to take part in crisis simulation of AMR pandemic

United Kingdom : World leaders to take part in crisis simulation of AMR pandemic Oct 06, 2018 (Euclid Infotech Ltd via COMTEX) — G20 leaders will come together to simulate a fictional drug-resistant E. Coli pandemic, as part of an international effort to tackle antimicrobial resistance (AMR). The governments of the UK and Argentina will lead on the exercise to test G20 world leaders on how they would tackle the spread of an infection that is resistant to antibiotics. The…

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Trade gap widens for 3rd month

WASHINGTON — Record imports drove the U.S. trade deficit up for the third-straight month in August. The deficit in the trade of goods with China and Mexico hit records. The Commerce Department said Friday that the trade gap — the difference between what America sells and what it buys abroad — rose to $53.2 billion in August from $50 billion in July. The August reading was the highest since February. The median estimate of economists surveyed by Bloomberg called for…

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10 things to know about Gita Gopinath, IMF’s new chief economist

On October 1 Indian-American Gita Gopinath was appointed chief economist of the International Monetary Fund. Announcing her appointment, IMF Managing Director Christine Lagarde hailed the Mysuru-born Gopinath as “one of the world’s outstanding economists with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience”. Here are 10 things that you must know about the new Chief Economist of the IMF.  IMAGE: Gita Gopinath. Photograph: Kind courtesy, Charles Platiau/ Reuters   1 Gita was born to TV…

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Russia’s Putin may meet Saudi crown prince at G20 in November – RIA

World Russian President Vladimir Putin may meet Saudi Crown Prince Mohammed bin Salman at the G20 summit in November, RIA news agency cited Deputy Foreign Minister Mikhail Bogdanov as saying on Friday. FILE PHOTO: Russian President Vladimir Putin speaks during a news conference with Austria’s Federal Chancellor Sebastian Kurz after his meeting in the State Hermitage museum in St.Petersburg, Russia October 3, 2018. Dmitri Lovetsky/Pool via REUTERS 2 related media assets (image or videos) available. Click to see the gallery.…

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World leaders try fighting a global pandemic of drug-resistant E. coli at

Health experts from around the world yesterday tested how they would cope if there was a global pandemic of an antibiotic-resistant superbug. Leaders from the G20 countries gathered in Argentina for a simulation which checked their ability to deal with a crisis caused by a fast-spreading infection. A fictional outbreak of E. coli, a nasty bug that often causes diarrhoea, challenged the governments. The exercise was run following warnings earlier in the year that countries around the world aren’t prepared…

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Can Japan Be a Climate Change Leader?

Prime Minister Shinzo Abe certainly thinks so. Almost immediately after winning another term at the helm of Japan’s ruling party, Prime Minister Shinzo Abe signaled that he intended to show more leadership on climate change. In making a case for urgent action in a newspaper op-ed, Abe pointed to the extreme weather events that had ravaged Japan over the summer. More than 200 people died as a result of torrential rain and landslides in western Japan, while the severe heat…

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‘Almost zero’ chance for Paris target as emissions rise

First published on Ends Europe The warning comes as the Intergovernmental Panel on Climate Change (IPCC) prepares to publish its special report on 8 October where it is expected to say that the Paris aim to limit the increase to 1.5°C is only possible with more urgent and deeper emissions cuts. In its analysis of the rate of carbon transition in the G20 economies, PwC found that emissions are rising again as the the move to a…

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The finance curse: how the outsized power of the City of London makes Britain poorer | News

In the 1990s, I was a correspondent for Reuters and the Financial Times in Angola, a country rich with oil and diamonds that was being torn apart by a murderous civil war. Every western visitor asked me a version of the same question: how could the citizens of a country with vast mineral wealth be so shockingly destitute? One answer was corruption: a lobster-eating, champagne-drinking elite was getting very rich in the capital while their impoverished compatriots slaughtered each other…

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Latin American Herald Tribune – G20 Health Officials Meet in Argentina

BUENOS AIRES – G20 health ministers and high officials kicked off a meeting on Thursday aimed to tackle child malnourishment, among other issues, in the Argentine resort city of Mar del Plata. “I hope we have a very productive work day and that we can keep working together to strengthen our health systems,” Argentine Health Minister Adolfo Rubinstein said during the opening ceremony held at a local hotel. Among the 30 delegation heads attending the event were…

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On The Money: Kudlow floats Trump, Xi meeting at G-20 | Apple, Amazon servers reportedly compromised by China | Musk mocks SEC on Twitter

Happy Thursday and welcome back to On The Money. I’m Sylvan Lane, and here’s your nightly guide to everything affecting your bills, bank account and bottom line. See something I missed? Let me know at slane@thehill.com or tweet me @SylvanLane. And if you like your newsletter, you can subscribe to it here: http://bit.ly/1NxxW2N. Write us with tips, suggestions and news: slane@thehill.com, vneedham@thehill.com, njagoda@thehill.com and nelis@thehill.com. Follow us on Twitter: @SylvanLane, @VickofTheHill, @NJagoda and @NivElis.   THE BIG DEAL–Kudlow floats Trump, Xi meeting at…

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US, China unease as Putin seeks India arms deals – Kuwait Times

US pours cold water on India’s efforts to avoid sanctions JOHANNESBURG: This file handout photo shows Indian Prime Minister Narendra Modi shaking hands with Russian President Vladimir Putin, right, at the 10th BRICS summit in Johannesburg.-AFP NEW DELHI: Russian President Vladimir Putin headed for India yesterday looking to tie up billions of dollars in arms deals with Prime Minister Narendra Modi, likely irking the US, China and Pakistan in one fell swoop. The Kremlin said before the two-day visit by…

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