Tag: G20
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G20 Led by Saudi Arabia Mulls Debt Relief Plan for Poor Nations Marred by Covid-19 Pandemic
Ghazanfar Ali Khan RIYADH – The G20 under the current presidency of Saudi Arabia will consider extending a debt payments suspension program for the poorest countries as financial policymakers from the world’s biggest economies continue to take “exceptional measures” to support debt-ridden nations and expedite global economic recovery. This was announced here on July 18 following…
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G20 financial leaders see downside risks to global economy from trade disputes
Washington : Financial leaders from the Group of 20 (G20) have expressed concerns that trade disputes among major economies could pose downside risks to the global economy, Argentine Treasury Minister Nicolas Dujovne has said. “Concerns on trade disputes occupied some part of the discussions that we had yesterday, and, of course, it is still one…
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G20 international trade soars in 2017: OECD
By Tuba Sahin, Ankara: International merchandise trade in G20 countries soared year-on-year in 2017, according to OECD data released Wednesday. G20 country exports and imports rose 10.0 percent and 11.5 percent respectively last year compared to 2016. The data showed that the highest annual export growth in 2017 was seen in Australia — 20.5 percent…
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‘G20 summit to stress innovation, reform, development
Beijing : (IANS) The Group of Twenty (G20) Hangzhou summit in September will lay stress on innovation, reform and development, Foreign Minister Wang Yi said on Tuesday. G20 is an international forum for the governments and central bank governors from 20 major economies including Australia, Canada, China, France, India, Japan, Russia, Saudi Arabia, the UK…
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China’s Xi urges BRICS countries to cement confidence in growth
Antalya:(IANS) Chinese President Xi Jinping on Sunday called on the BRICS countries to strengthen confidence in growth and boost coordination within the emerging-market bloc so as to jointly cope with global challenges. Acknowledging that the five countries — Brazil, Russia, India, China and South Africa — are facing increasing complexities and difficulties and experiencing slower…