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.

UPDATE 3-Bolton readies Moscow visit amid U.S. concerns about missile treaty – UK Money News

(Adds context on INF and China; analyst quote) By Steve Holland WASHINGTON, Oct 19 (Reuters) – President Donald Trump’s national security adviser, John Bolton, will visit Moscow next week for talks that may include telling Russian officials that the United States plans to withdraw from the landmark Intermediate-Range Nuclear Forces Treaty. While Bolton will discuss other major topics with Russian officials, including North Korea, Ukraine and Syria, the 1987 accord between the United States and the former Soviet Union is…

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CHINA G20 join US against China’s subsidies for state-owned enterprises

Chinese government aid leads to overproduction and sales at lower than market prices, i.e. dumping, which undermines competition. The B20 (G20 business leaders) calls for same level playing field for both state-owned and private enterprises. If China followed the rules of a market economy, it would destroy itself in a few months. Beijing (AsiaNews) – The trade war between China and the United States is not the only economic showdown Beijing faces. Given the advantages Chinese state-owned enterprises enjoy, many…

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Xi Jinping, Donald Trump agree to talks at G-20 summit next month, source says

News of a potential meeting between Xi Jinping and Donald Trump comes amid growing hostilities between China and the U.S. on a range of issues other than the trade war, including the South China Sea, Taiwan, Xinjiang and allegations of espionage. | Nicolas Asfouri/AFP/Getty Images south china morning post By ZHOU XIN | SOUTH CHINA MORNING POST and JUN MAI | SOUTH CHINA MORNING POST 10/19/2018 08:03 AM EDT This story is being published by POLITICO as part of a…

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Chinese people have rallied behind Xi a year after landmark congress

A year since President Xi Jinping announced that socialism with Chinese characteristics has “crossed the threshold into a new era,” China has shown the world its resilience against challenges and resolve to pursue its goals. Chinese people have rallied closely around the Communist Party of China Central Committee with Xi at the core and striven for the national rejuvenation since the landmark 19th CPC National Congress in last October. China remains one of the world’s most prosperous, promising and resilient…

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Donald Trump unlikely to visit India in early 2019, indicates US

NEW DELHI: The United States has indicated to India that President Donald Trump may not be able to attend Republic Day as the chief guest owing to intense domestic political commitments. Officially, the problem cited is the State of Union address to the Congress, which the White House does not want to reschedule. This address is slated to happen either on third fourth Tuesday of January, which may fall either side of the Republic Day. Trump’s predecessor Barack Obama had…

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Treasury’s Currency Report Seen as China’s Final Warning as Yuan Falls By Bloomberg

© Reuters. Treasury’s Currency Report Seen as China’s Final Warning as Yuan Falls (Bloomberg) — While the U.S. Treasury stopped short of labeling China a currency manipulator in its latest semiannual report, the department’s sharpened language didn’t escape the foreign-exchange market’s notice. In a break from recent releases, Treasury devoted a section Wednesday to outlining concerns with China’s bilateral trade surplus and said the U.S. was “deeply disappointed” that the Asian nation doesn’t disclose its FX interventions. The department also cautioned…

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Indian Markets Closed For Dussehra

Indian markets remain closed on Thursday on account of Dussehra. Benchmark indexes Sensex and the Nifty fell sharply on Wednesday to snap a three-session winning streak, with both indexes falling over 1 percent amid liquidity concerns. The rupee also surrendered initial gains to end the session down 13 paise at 73.61 per dollar. After market hours, oil-to-telecom giant Reliance Industries reported a 17 percent rise in quarterly net profit at Rs 9,516 crore on a 54 percent rise in revenues…

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Does the Antifa Flag Resemble a Nazi Flag?

CLAIM An image documents the striking similarities between the Antifa flag and a Nazi flag. RATING ORIGIN An image comparing the flag of Antifa, a group that derives its name from their anti-fascist activities, and a swastika-bearing flag of Nazi-era Germany has made its way around conservative blogs and web sites since at least 2017. The visual comparison, which has also worked its way into the Qanon conspiracy theory, is commonly shared with the caption: “Does the new Antifa flag…

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Another feather in India’s cap! Jumps 5 ranks on this global index; clocks largest gain among G20 nations

India has jumped five ranks to secure 58th rank on 2018 edition of annual Global Competitiveness Index by the World Economic Forum (WEF) due to high-level of innovation Even as there are domestic troubles of widening current account deficit and high bad loans, India is continuing with its steady rise on global platforms, most recent being a “remarkable” jump of five ranks on the World Economic Forum Global Competitiveness Index — clocking largest gain among G-20 economies. India, the world’s…

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A New Easing Cycle Based On Ugly Realities

Saxo Bank, the online trading and investment specialist, has today published its Q4 2018 Quarterly Outlook for global markets, including trading ideas covering equities, FX, currencies, commodities, and bonds, as well as a range of macro themes impacting client portfolios. “We are clearly at a crossroads on many fronts: globalisation, geopolitics and economics”, says Steen Jakobsen, Chief Economist and CIO, Saxo Bank. “The next quarter will either see dampening of volatility by a less aggressive Fed, more active easing in…

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India ranked 58th most competitive economy in World Economic Forum’s index, jumps 5 places from 2017

India has been ranked as the 58th most competitive economy on the World Economic Forum’s global competitiveness index for 2018, which was topped by the US. India’s rank rose by five places from 2017, the largest gain among G20 economies, the WEF said. On the list of 140 economies, the US is followed by Singapore and Germany at the second and the third positions respectively. India was ranked 58th with a score of 62.0 in the latest Global Competitiveness Report.…

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India ranked 58th most competitive economy in WEF index

India’s rank rose by five places from 2017, the largest gain among G20 economies. New Delhi: India has been ranked as the 58th most competitive economy on the World Economic Forum’s global competitiveness index for 2018, which was topped by the US. India’s rank rose by five places from 2017, the largest gain among G20 economies, the WEF said. On the list of 140 economies, the US is followed by Singapore and Germany at the second and the third positions…

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