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.

Putin and Trump might meet at APEC summit

MOSCOW – Russian President Vladimir Putin and U.S. President Donald Trump may meet next week at an APEC summit in Vietnam, the Kremlin said on Friday, saying talks were underway about setting up such an encounter. Putin and Trump first met at a G20 summit in Hamburg in July when they discussed allegations of Russian meddling in the U.S. presidential election, but agreed to focus on better ties rather than litigating the past. Relations between Moscow and Washington have soured…

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Climate pledges not enough to deal with emissions | News | Eco-Business

Urgent action is required to check the worldwide rise in emissions of greenhouse gases to avoid the worst impacts of climate change, the United Nations Environment Programme (UNEP) warned on October 31 at the release of its Emissions Gap report ahead of the UN Climate Change Conference in Bonn next week. National pledges made under the Paris Agreement in 2015 will only bring about a third of the reduction in emissions required by 2030 to meet climate targets, creating a dangerous gap,…

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Business Secretary meets with US Commerce Secretary

Business Secretary Greg Clark met the US Commerce Secretary Wilbur Ross and the US Ambassador to the UK, Robert Johnson this afternoon to discuss a wide range of key industry issues. This included the recent partnership between Airbus and Bombardier which is hoped will lead to job creation in the US and security for the Bombardier plant in Belfast. It comes as Bombardier confirmed today it had had a significant new order for the C-Series. Greg Clark raised Boeing’s complaint…

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Anti-Cop Mayor Bill de Blasio Praises NYPD in Wake of NYC Terror Attack

AP/John Minchillo by Adam Shaw1 Nov 2017New York, NY0 1 Nov, 20171 Nov, 2017 Left-wing New York City Mayor Bill de Blasio offered lavish praise of the New York Police Department Wednesday in the wake of a deadly Islamic terror attack in the city, a striking contrast from critical remarks de Blasio has made about cops in the past. “We have such pride in the NYPD and we see them on duty and we know they are the very best,”…

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Great Minds Assemble Wise Design Illuminates Capital –Beijing Design Week 2017

BEIJING, Nov. 02, 2017 (GLOBE NEWSWIRE) — In the evening of September 21, 2017, Beijing Design Week 2017 opened in China Millennium Monument. Vice Mayor of Beijing Wang Ning, Vice Governor of Gansu province Hao Yuan, Party Member of Ministry of Culture and Assistant Minister Yu Qun, Deputy Secretary-general of Beijing Municipal Government Yin Peiyan and leadership of the relevant departments of Ministry of Culture, Ministry of Commerce, Beijing Municipal Government  and the Organizing Committee of Beijing Winter Olympic Games as well as 2017…

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China’s protection racket has U.S. business in a bind

Photo: Lintao Zhang, POOL Secretary of State Rex Tillerson meets China’s President Xi Jinping in September. The U.S. is holding back on steel to seek help on North Korea. Secretary of State Rex Tillerson meets China’s President Xi Jinping in September. The U.S. is holding back on steel to seek help on North Korea. Photo: Lintao Zhang, POOL Xi Jinping, China’s president and general secretary of the Communist Party of China, in the East Hall of the Great Hall of…

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Trump insists he’s not angry as the Russia investigation escalates

President Donald Trump in the Oval Office. AP Photo/Carolyn Kaster President Donald Trump told The New York Times on Wednesday that he wasn’t “angry at anybody” as the Russia investigation heats up. Trump appeared to be responding to a Washington Post story that characterized him as increasingly frustrated after a grand jury indicted two former campaign associates, Paul Manafort and Rick Gates.  Trump noted that the charges against Manafort had nothing to do with him or the campaign.  President Donald Trump called…

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Senators, don’t put Ex-Im Bank’s fossil fuel financing back in business

by Kate DeAngelis, international policy analyst Originally posted in The Hill. After providing almost $6 billion annually to fossil fuels from 2013 to 2015, the U.S. export credit agency – the U.S. Export-Import Bank (Ex-Im) – has been unable to finance large fossil fuel projects for the past two years. But that could change this Wednesday, when the Senate Banking Committee holds hearings on Trump’s nominees to Ex-Im. Though the Senate reauthorized Ex-Im in 2015, it has not voted to…

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Rise of the machines must be monitored say bank regulators

Replacing bank and insurance workers with machines risks creating a dependency on outside technology companies beyond the reach of regulators, the global Financial Stability Board (FSB) said. The FSB, which coordinates financial regulation across the Group of 20 Economies (G20), said in its first report on artificial intelligence (AI) and machine learning that the risks they pose need monitoring. AI and machine learning refer to technology that is replacing traditional methods to assess the creditworthiness of customers, to crunch data,…

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Organisations struggling to manage cyber risks: PwC

Many organisations worldwide still struggle to comprehend and manage emerging cyber risks in an increasingly complex digital society, said assurance, advisory and tax services provider PwC in a new report. PwC launched its 2018 Global State of Information Security Survey (GSISS), based on responses of more than 9,500 senior business and technology executives from 122 countries. Executives worldwide acknowledge the increasingly high stakes of cyber insecurity. Forty per cent of survey respondents cite the disruption of operations as the biggest…

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South Korea’s Moon, China’s Xi to hold talks aimed at improving ties

South Korean President Moon Jae-in and Chinese President Xi Jinping will hold summit talks next week to try to improve ties strained over the deployment of a contentious U.S. missile-defence system in the South, Seoul officials said Tuesday. South Korea allowed the United States to install the Terminal High-Altitude Area Defence system this year to cope with North Korean threats. China has vehemently opposed the installation with angry rhetoric and economic retaliation, arguing the system’s powerful radar system poses a…

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Presidents of South Korea and China to hold talks to improve strained ties

Senior presidential official Nam Gwan-pyo told a televised briefing on Tuesday that President Moon Jae-in and Xi will talk on the sidelines of an annual regional forum in Vietnam next week. Lee says the agreement is part of efforts by the two countries to put bilateral ties on a normal track. In response to the missile-defence system’s deployment, China issued angry rhetoric and South Korean businesses operating in China suffered economic retaliation. China believes the system poses a threat to…

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Italy chill thaws with PMs’ meet

New Delhi: India and Italy put their relationship on a fast track on Monday after their first Premier-level bilateral meeting in a decade, ending the chill that had set in following the February 2012 arrest of two Italian marines over the killing of two fishermen. Prime Minister Narendra Modi and his visiting counterpart Paolo Gentiloni came out with a joint statement that touched upon every aspect of the relationship that is celebrating 70 years of diplomatic ties this year. In…

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Trump and the Russia investigation: What to know

The Kremlin and President Donald Trump have each denied allegations that Russia and the Trump campaign colluded in the 2016 presidential election – but the probe into Russia’s meddling is forging ahead. Paul Manafort, Trump’s former campaign chairman, and his associate, Richard Gates, were required to turn themselves into federal authorities Monday as they were indicted on 12 counts – ranging from conspiracy against the U.S., to conspiracy to launder money. Special Counsel Robert Mueller’s office also revealed Monday that George Papadopoulos,…

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