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.

Trump, China’s Xi to Meet at G20 amid Trade Tensions -WSJ

U.S. President Donald Trump and Chinese President Xi Jinping plan to meet at the G-20 summit in Argentina in late November, The Wall Street Journal reported on Thursday, citing officials in both countries. On the U.S. side, the meeting is being pushed by Treasury Secretary Stephen Mnuchin and National Economic Council Director Larry Kudlow, the Journal reported. “The two men, who have worried about market reaction to the trade fight, have been trying to get negotiations on track for months,…

0
Read More

Dow closes down more than 500 points

NEW YORK (CNN Business) – The stomach-churning market scare continues. The Dow tumbled 546 points, or 2.1%, on Thursday following another rollercoaster session. The index briefly turned positive during morning trading before succumbing to heavy selling pressure. At one point the Dow was down 699 points. The Dow has shed 1,378 points over the past two days. The mood on Wall Street was only slightly calmer than Wednesday’s 832-point nosedive. The S&P 500 closed down 2.1%, notching its sixth-straight losing…

0
Read More

Donald Trump, Xi Jinping to meet amid trade war tensions

The White House is moving ahead with plans for President Trump to sit down with China’s leader amid increasing tensions between the two countries over trade during a G-20 summit meeting next month in Argentina, according to a report Thursday. The Trump administration — pushed by Treasury Secretary Steve Mnuchin and White House economic adviser Larry Kudlow — has been in contact in recent days with Beijing to go ahead with the meeting with President Xi Jinping in Buenos Aires,…

0
Read More

Trump, China’s Xi to meet at G20 amid trade tensions: WSJ

WASHINGTON (Reuters) – U.S. President Donald Trump and Chinese President Xi Jinping plan to meet at the G20 summit in Argentina in late November, the Wall Street Journal reported on Thursday, citing officials in both countries. FILE PHOTO – U.S. President Donald Trump takes part in a welcoming ceremony with China’s President Xi Jinping at the Great Hall of the People in Beijing, China, November 9, 2017. REUTERS/Damir Sagolj White House economic adviser Larry Kudlow told reporters at the White…

0
Read More

Minister Morneau Takes Canada’s Plan for Middle Class Growth and Gender Equality to the G20, IMF and World Bank Group Annual Meetings

October 11, 2018 – Bali, Indonesia – Department of Finance Canada Thanks to the hard work of Canadians, Canada is home to a strong and growing economy, with the benefits of that growth benefitting more and more people. By making investments that lead to long-term growth, and by working together with global partners in the G20, the International Monetary Fund (IMF), and the World Bank Group, the Government of Canada continues its efforts to…

0
Read More

World stocks tumble after IMF slashes economic growth forecast – National

Global stock markets fell Tuesday after the International Monetary Fund lowered its outlook for the world economy, citing the impact of rising interest rates and trade tensions. Keeping score Germany’s DAX lost 0.5 per cent to 11,891 while the CAC 40 in France shed 0.3 per cent 5283. Britain’s FTSE 100 dropped 0.4 per cent to 7,201. Wall Street was set for a drop. Dow futures lost 0.5 per cent and the S&P 500 futures were down 0.6 per cent.…

0
Read More

The First Casualty of Trade War Is Truth

As Trump tariffs continue to spread, an ideological war of words is redressing harsh protectionist realities. What is the state of Chinese growth amid the US tariffs? And what is the impact of the trade wars on global economic prospects? Recently, US academic Yasheng Huang argued on Wall Street Journal that “Jack Ma is retiring. Is China’s economy losing steam?” By the same logic, Elon Musk’s forced resignation from Tesla would mean US slowdown. Similarly, Bloomberg columnist Nisha Gopalan explains…

0
Read More

Finance Minister Albayrak visits disaster-stricken Indonesia with Red Crescent, AFAD

Treasury and Finance Minister Berat Albayrak visited Wednesday disaster-stricken city of Palu, Indonesia, with representatives of Turkish Red Crescent and the Turkish Emergency and Disaster Management Authority (AFAD). Speaking to Anadolu Agency he said: “We believe Indonesia and its people will come out from this crisis even stronger. We are also here to show our solidarity both materially and spiritually. Turkey is with them in prayers too.” The Turkish Red Crescent also distributed basic necessity packages to the victims. Albayrak…

0
Read More

AMERICA/ARGENTINA – G20 Interreligious forum: religions give life to development

AMERICA/ARGENTINA – G20 Interreligious forum: religions give life to development Buenos Aires (Agenzia Fides) – The G20 Interreligious Forum has recorded a great wealth of thematic proposals and an unprecedented participation of political authorities (see Fides 26/09/2018). Religions will help “give life to the achievement of the UN 2030 development goals”. This is what is stressed in a dialogue with Agenzia Fides by Professor Cristina Calvo, director of the program “Democracy, society and new economies” of the University of Buenos…

0
Read More

Rehearsals held to test expo’s readiness

WITH China International Import Expo only a month away, Shanghai, the host of the event, has reached the final stage of its preparations, while products from all over the world have started arriving in the city. The CIIE is China’s first expo event that is expected to give firm support to trade liberalization and economic globalization, and actively open the Chinese market to the world, according to its official website. A total of 2,800 companies from all the G20 member…

0
Read More

Asia’s next crisis: ready or not?

… , and Japan’s Minister of Finance Taro Aso as they pose … official photo at the G20 Meeting of Finance Ministers in Buenos Aires … , and Japan’s Minister of Finance Taro Aso as they pose … , and Japan’s Minister of Finance Taro Aso as they pose … Source link

0
Read More

BOK head set to attend G20, IMF meetings next week

SEOUL, Oct. 7 (Yonhap) — South Korea’s central bank said Sunday that its governor will attend international meetings this week to discuss pending economic and financial issues with his counterparts from the world’s major economies. Bank of Korea (BOK) Gov. Lee Ju-yeol is scheduled to leave for the Indonesian resort island of Bali on Tuesday to participate in the G20 Finance Ministers and Central Bank Governors meetings slated for Thursday, according to the central bank. Lee also plans to attend…

0
Read More

LISTEN: Week ahead — G20 meeting, rupee woes

It’s a great week to be a finance geek! For starters, finance ministers and central bankers from G20 countries will meet this week at a conference in Bali where they are expected to discuss everything economics, monetary policies, and trade. And if that’s not enough to get your finance engines running, we also discuss the Indian rupee, which has been hitting one low after the other. Elsewhere in messy business, Brexit. Prime Minister Theresa May appears to have gained popularity…

0
Read More

G20 Interfaith Forum looks to turn potential into action – News – poconorecord.com

The G20 Interfaith Forum centers on increasing religion’s role in global politics and celebrating the value of interfaith partnerships. BUENOS AIRES, Argentina — Minutes after last month’s G20 Interfaith Forum officially began, as stragglers continued to wander in and search for seats, Brian Adams, one of the event’s organizers, took the stage to share a harsh truth. Unbounded potential doesn’t guarantee incredible results, he explained. Good ideas don’t always translate into meaningful action. The G20 Interfaith Forum, attended by religious…

0
Read More

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…

0
Read More
About

Business on the Web provides the latest Business News: Breaking Personal Finance, Company,  Financial and Economic News.

Our blogs are an excellent place for technology professionals to get up-to-date industry news. Blogging about the hottest education technology issues.

Social Links