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.

Tighter bank regulation won’t stop boom and bust, but it will damage growth and prosperity

Most commentators blame the banks (or “the banksters”) for the global financial crisis of 2008 and the ensuing Great Recession. According to a much-repeated script, in the years running up to the crisis, greedy banks took too much risk and held too little capital in their balance sheets. Further, falls in aggregate spending were caused by a lack of confidence that reflected fragilities in the financial system. Bank failures, notably the Lehman Brothers collapse in September 2008, are seen –…

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John Ivison: With Bombardier intervention, Trudeau scorns his own ‘Think China’ message

A curious but apparently well-sourced Reuters report appeared Thursday, saying the Canadian government facilitated a deal between Bombardier and European plane-maker Airbus for the CSeries jet in order to thwart a potential investment by a state-owned Chinese company. The report, which is not being denied by government officials, said concerns were raised in government when it became known Bombardier was considering a partnership with Chinese jet-maker Comac. The fear in Ottawa was that jobs and technology could be siphoned away…

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How Russia is rewriting rules for cyberspace

The language sounds bureaucratic and harmless, but experts say that if adopted, it would allow Russia to squeeze cyberspace even more. Russia’s cybermeddling in the 2016 US presidential election has been accompanied by what US and European experts describe as a worrisome Kremlin campaign to rewrite the rules for global cyberspace. A draft of a Russian proposal for a new “United Nations Convention on Cooperation in Combating Information Crimes” was recently shown to me by a security expert…

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iPhone X vs Samsung Galaxy Note 8: Which has better business specs?

Dissecting Apple’s new iPhones for business pros With Apple’s iPhone X finally available for pre-order on Friday, Oct. 27, it’s worth looking at how Apple’s flagship and Samsung’s latest Galaxy devices compare for business buyers. When it comes to stacking these phones up against each other, particularly in the consumer space, the raw hardware specs are what usually make one phone stand out against another. However, as I have been quickly learning, although they are good general indicators of technological…

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Foreign Ministry: Seoul, Beijing Discussing Moon’s Visit to China

Talks are ongoing between South Korea and China to arrange President Moon Jae-in’s long-anticipated visit to China and a summit with Chinese President Xi Jinping. Foreign ministry spokesman Noh Kyu-duk told a regular media briefing on Thursday that the two countries reached an agreement in principle about Moon’s Beijing visit during talks between the leaders of the two countries on the sidelines of the G-20 Summit in Germany in July. The spokesman said the two countries are following up on…

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Korea, China in talks over Moon’s visit: foreign ministry

South Korea and China are currently discussing President Moon Jae-in’s possible visit to China for a summit with President Xi Jinping, the foreign ministry said Thursday. “There was an agreement in principle over the president’s China visit during the two leaders’ meeting on the sidelines of the G-20 summit in Germany in July. As a result, related discussion is under way through a diplomatic channel,” Foreign Ministry spokesman Noh Kyu-duk said in a press briefing. The spokesman did not provide…

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Indonesia Becomes the 100th Member of Madrid Union

Geneva  (ABC Live): Madrid Union : In a landmark moment in Madrid System history, the Government of Indonesia has deposited its instrument of accession to the Madrid Protocol with WIPO’s Director General, making Indonesia the 100th member of the Madrid Union. The Protocol will enter into force for Indonesia on January 2, 2018. tarting January 2, local brand owners in Indonesia can file a single international application under the Madrid System to protect their marks in the territories…

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Trump says Clinton team funding for Russia info ‘a disgrace’

Photo: J. Scott Applewhite, AP FILE – In this March 21, 2016, file photo, attorney Marc Elias, one of several lawyers who appeared in the in the case of Wittman v. Personhuballah, stands on the plaza of the Supreme Court in Washington. Hillary Clinton’s presidential campaign and the Democratic National Committee helped fund a political research firm that produced a dossier of allegations about President Donald Trump’s ties to Russia. That’s according to a person familiar with the situation who…

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For Golfers at the Turkish Open, Security Is Paramount

“I remember being on six conference calls in a 36-hour span trying to make sure this event happened,” Andrew Chandler, whose sports marketing firm, ISM, helps run the event, said of the 2016 tournament. “I said, ‘If you want to completely destroy a nation’s tourism industry, that’s all you’ve got to do.’ I said, ‘There’s no reason for it.’” Turkey attracted nearly 40 million foreign tourists at its 2014 peak, according to International Tourist Arrivals. That number dropped to less…

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Canada interest rate decision October 2017

President Donald Trump talks with Canadian Prime Minister Justin Trudeau during the Women’s Entrepreneurship Finance event at the G20 Summit in Hamburg, Germany, Saturday, July 8, 2017. Evan Vucci/AP The Bank of Canada held its key interest rate at 1.00% on Wednesday, as expected. The bank added that it will take a more cautious approach to possible rate hikes going forward. “This less aggressive stance on interest rates partly reflects concerns over NAFTA renegotiations and, to a lesser extent, the stronger Canadian dollar,”…

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Russia Wants to Control Cyberspace

Russia’s cybermeddling in the 2016 U.S. presidential election has been accompanied by what U.S. and European experts describe as a worrisome Kremlin campaign to rewrite the rules for global cyberspace. A draft of a Russian proposal for a new “United Nations Convention on Cooperation in Combating Information Crimes” was recently shown to me by a security expert who obtained a copy. The 54-page document includes 72 proposed articles, covering collection of internet traffic by authorities, “codes of conduct” for cyberspace…

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Russia’s push to control cyberspace / LJWorld.com

Washington — Russia’s cybermeddling in the 2016 U.S. presidential election has been accompanied by what U.S. and European experts describe as a worrisome Kremlin campaign to rewrite the rules for global cyberspace. A draft of a Russian proposal for a new “United Nations Convention on Cooperation in Combating Information Crimes” was recently shown to me by a security expert who obtained a copy. The 54-page document includes 72 proposed articles, covering collection of internet traffic by authorities, “codes of conduct”…

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Money20/20 to launch in China

Hangzhou to host first China edition of the leading payments and fintech event in 2018 Ascential plc, the global business-to-business information company, announces today that its Chief Executive Duncan Painter has personally signed a long-term partnership agreement with the city of Hangzhou and the district of Xiaoshan to run a new edition of its highly successful Money20/20 event series. The agreement was signed with Xie Shuang Cheng, Vice Mayor of Hangzhou and Gu Chun Xiao, Deputy Warden of Xiaoshan. The new…

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Morning mail: Saudi Arabia ‘to return to moderate Islam’ | Australia news

Good morning, this is Eleanor Ainge Roy bringing you the main stories and must-reads on Wednesday 25 October. Top stories Saudi Arabia’s crown prince, Mohammed bin Salman, has vowed to return the country to “moderate Islam”, and asked for global support to transform the hardline kingdom into an open society. In an interview with the Guardian, the powerful heir to the Saudi throne said the ultra-conservative state had been “not normal” for the past 30 years, blaming rigid doctrines that…

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24 Oct 2017 FSC Mauritius elected to the Executive Committee of the International Organisation of Pension Supervisors (IOPS)

COMMUNIQUÉ FSC Mauritius elected to the Executive Committee of IOPS The Financial Services Commission (FSC), Mauritius has today Tuesday 24th of October 2017 been elected to the Executive Committee of the International Organisation of Pension Supervisors (IOPS) at its Annual General Meeting. Other elected members include Italy, India, Romania, Uganda, Egypt and Botswana. The IOPS is the international standard setter and think tank of the Pension Industry worldwide. The Executive Committee with the support and guidance of the OECD is…

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Donald Trump is a crazy, scary clown on the New Yorker Halloween cover

The next cover of The New Yorker magazine depicts US President Donald Trump as a scary clown in the woods. The 30 October issue marks Halloween and expresses the artist’s view that Trump’s presidency has been a “national nightmare”. Illustrator Carter Goodrich said his “whole life had been disrupted” by Trump’s victory over Hilary Clinton and the ensuing 12 months of chaos and division. “I’m still just as stunned now as I was a year ago, on Election Night. I…

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