Tag Archives: G20

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G20 announces one-year debt relief for poorest countries amid COVID-19

04 April, 2020 1:16 pm 1:16 pm

RIYADH (AFP) – The Group of 20 nations announced a one-year debt relief for the world’s poorest nations as they struggle to financially cope with the coronavirus pandemic. The announcement comes as the global economy is plunged into the worst recession in a century. The G20, which brings together the world’s largest economies, also reiterated … Read More

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G20 leaders to inject $5 trillion into global economy in fight against coro...

03 March, 2020 8:20 am 8:20 am

RIYADH/WASHINGTON (Reuters) – Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion (£4.1 trillion) into the global economy to limit job and income losses from the coronavirus and “do whatever it takes to overcome the pandemic.” Showing more unity than at any time since the G20 was created … Read More

IMF asks G20 to back doubling of its emergency financing to fight coronavir...

03 March, 2020 8:57 pm 8:57 pm

WASHINGTON (Reuters) – The International Monetary Fund on Thursday asked G20 leaders to back a doubling of its emergency financing capacity to strengthen its response to the rapidly spreading coronavirus pandemic that is set to cause a global recession in 2020. IMF Managing Director Kristalina Georgieva, in a statement to leaders of the world’s 20 … Read More

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Coronavirus to be big topic for G20 as China reports uptick in cases

02 February, 2020 8:58 am 8:58 am

BEIJING (Reuters) – China reported an uptick in new cases of coronavirus on Friday although the rise in infections remained at its slowest pace since January, a downward trend which the World Health Organization (WHO) has called encouraging. The epidemic is set to be a major focus of discussion at a meeting on the weekend … Read More

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Trump talks trade at G20, China’s Xi warns against protectionism

06 June, 2019 10:02 am 10:02 am

OSAKA (Reuters) – US President Donald Trump made clear on Friday that trade was his top priority at a summit of leaders of Group of 20 nations, as China’s Xi Jinping warned against rising protectionism and India, Japan and Russia defended multilateral trade rules. Trump, who is holding a series of meetings on the sidelines … Read More

Japanese Finance Minister Aso wants G20 meetings to ‘nip crises in th...

07 July, 2018 10:38 am 10:38 am

TOKYO (Reuters) – Japanese Finance Minister Taro Aso said on Friday that he wanted the Group of 20 meetings in Osaka next year to focus on identifying problems in the global economy before they could worsen. “The role the G20 should play next year is to nip crises in the bud before they develop further,” … Read More