G20

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.

Finance minister seeks exemption from US car tariffs

Strategy and Finance Minister Kim Dong-yeon, right, talks with U.S. Secretary of the Treasury Steven Mnuchin, left, at the bilateral meeting held on the sidelines of the G20 finance ministers’ meeting in Buenos Aires, Argentina, Saturday. / Courtesy of the Ministry of Strategy and Finance window.fbAsyncInit = function() { FB.init({ appId : ‘1930931397137540’, xfbml : true, version : ‘v2.8’ }); FB.AppEvents.logPageView(); }; (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…

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Finance minister seeks exemption from US car tariffs

Strategy and Finance Minister Kim Dong-yeon, right, talks with U.S. Secretary of the Treasury Steven Mnuchin, left, at the bilateral meeting held on the sidelines of the G20 finance ministers’ meeting in Buenos Aires, Argentina, Saturday. / Courtesy of the Ministry of Strategy and Finance window.fbAsyncInit = function() { FB.init({ appId : ‘1930931397137540’, xfbml : true, version : ‘v2.8’ }); FB.AppEvents.logPageView(); }; (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…

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Sonny Perdue defends Donald Trump trade fight at G-20 summit

BUENOS AIRES — Agriculture ministers are not used to working in the hot glare of media attention, but that was before President Trump and his fellow world leaders put farmers and food at the center of the fight over the future of the world trading system. Mr. Trump last week pledged $12 billion in aid to tariff-hit U.S. farmers while declaring he had “just opened up Europe” for products. The conflicts over trade and the vulnerability of agriculture in any…

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The African Development Bank Group is pleased to announce the appointment of Dr Kapil Kapoor as Director General, Southern Africa Regional Development and Business Delivery Office – G20 News Today

The African Development Bank Group is pleased to announce the appointment of Dr Kapil Kapoor as Director General, Southern Africa Regional Development and Business Delivery Office – G20 News Today – EIN News Trusted News Since 1995 A service for global professionals · Wednesday, August 1, 2018 · 457,477,394 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools Press Releases Events & Conferences Source link

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Why the World Bank is investing in women

Subscribe to Women Rule on Apple Podcasts here. | Subscribe via Stitcher here. The World Bank has put its money where women-led businesses are – and a year into the investment, it says it’s seeing promising growth. Story Continued Below Priya Basu, head of the Women Entrepreneurs Finance Initiative, touted the strength of the program in the latest episode of the Women Rule podcast. “It’s been very challenging in some ways to work with so many stakeholders,” Basu said of…

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Digital Economy Task Force holds 2nd meeting

Representatives from G20 member and guest countries, together with other global experts, discussed issues related to digital transformation and prepared recommendations on inclusive development at the recent second meeting of the Digital Economy Task Force (DETF) in Buenos Aires, Argentina. “We are building and bolstering the digital agenda with a focus on inclusive development,” said Rudi Borrmann, under-secretary of Public Innovation and Open Government at the Argentine Ministry for Modernization and chair of the DETF. The meeting took place at…

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​Sending back office offshore helped NEC Australia with FY18 profit

NEC Australia has made its 2018 financial results available to the Australian Securities and Investments Commission (ASIC), reporting AU$1.4 million in operating profit, up from a loss of AU$19.3 million the year prior. After suffering the multimillion-dollar loss, NEC restructured into a “functional-based organisation” which included the review and closure of two business units — including further voluntary redundancies — and the implementation of an offshoring project that saw back office roles sent overseas. NEC also said it introduced more…

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Standard Chartered half year results: Profits up 34%

US President Donald Trump, left, and Chinese President Xi Jinping arrive for a meeting on the sidelines of the G-20 Summit in Hamburg, Germany. AP/Saul Loeb HONG KONG/LONDON (Reuters) – Asia-focused lender Standard Chartered said it expects minimal impact on its income from rising US-China trade tensions, as it reported higher pretax profits and lower bad loan losses for the six months ended June. The bank said it was confident it would continue to deliver better returns in the medium…

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Perdue says WTO needs more enforcement

News Perdue says WTO needs more enforcement July 31, 2018 By Nicole Heslip Filed Under: News, Trade, USDA The U.S. Ag Secretary says he wants to see G20 leaders come together to make WTO standards stronger. “What we were trying to determine is how we can make the WTO more of an organization that truly guides international trade the way it was intended.” Sonny Perdue says while many countries follow science-based standards that are agreed upon by the WTO, some…

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Stocks stage comeback amid hope for US-China trade talks

US President Donald Trump, left, and Chinese President Xi Jinping arrive for a meeting on the sidelines of the G-20 Summit in Hamburg, Germany. AP/Saul Loeb Stocks staged a comeback Tuesday after a three-session losing streak amid optimism for cooling trade tensions between the US and China and after a series of strong earnings reports. The dollar rose, and Treasury yields fell. Here’s the scoreboard: Dow Jones industrial average : 25,418.10 +111.27 (+0.44%) S&P 500 : 2,816.67 14.07 (+0.50%) Nasdaq…

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A busy year ahead for Indian and Chinese relations

Recent developments suggest a convergence of Indian and Chinese interests, marking a turning point for the two countries’ bilateral relationship after the 73-day standoff at Doklam last year. Two simultaneous developments took place in July – in Bhutan and in Africa – in the run-up to the 10th BRICS Summit in Johannesburg, South Africa. Must-reads from across Asia – directly to your inbox In Bhutan, just before the term of the country’s current National Assembly was to expire, a high-level…

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Thru Named a Niche Player in the Gartner Magic Quadrant for Content Collaboration Platforms – G20 News Today

Thru Named a Niche Player in the Gartner Magic Quadrant for Content Collaboration Platforms – G20 News Today – EIN News Trusted News Since 1995 A service for global professionals · Tuesday, July 31, 2018 · 457,282,039 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools Press Releases Events & Conferences Source link

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Sonny Perdue defends Trump trade fight at G-20 summit

BUENOS AIRES — Agriculture ministers are not used to working in the hot glare of media attention, but that was before President Trump and his fellow world leaders put farmers and food at the center of the fight over the future of the world trading system. Mr. Trump last week pledged $12 billion in aid to tariff-hit U.S. farmers while declaring he had “just opened up Europe” for products. The conflicts over trade and the vulnerability of agriculture in any…

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Commentary: The future of work looks like unwanted jobs and higher inequality

SYDNEY: The future of work was on the agenda for the G20 economic ministers’ meeting in Argentina late last month. But it was overshadowed by the high-profile issues of tariff wars, currency manipulation and the state of the current economy. Advertisement The topic was sidelined because it is longer-term, hard to solve and largely domestic. But it has important international implications as well. GREATER INEQUALITY The future high-tech world will be one of far greater intrinsic inequality. Almost 90 years…

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Colin I. Bradford

Colin Bradford is a Nonresident Senior Fellow of the Global Economy and Development Program at Brookings. He is a specialist on global governance and the G20, and a leading catalyst for bringing experts into consultations with officials from host governments for the London, Toronto, Seoul, Cannes, Los Cabos, St. Petersburg, and Brisbane G20 Summits. He has edited Global Leadership in Transition (2010) and Global Governance Reform (2007), and contributed to The G20 Summit at Five (2014), Brookings Press books. As…

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