South Africa hosts G20
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Born of crisis but torn by years of tensions among its members, the Group of 20 major economies scored a rare victory this weekend for multilateralism after overcoming the boycott and objections of its most powerful member,
The G20 Leaders’ Summit in Johannesburg has been hailed as a major success, a win for multilateralism and a milestone moment for the Global South.
Concerted action on economic reforms can help the G20 achieve the group’s collective growth ambitions, but the reforms with the biggest payoff vary across countries
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G20 fails to deliver on sovereign debt distress
The missive called on the International Monetary Fund (IMF) to sell its gold reserves and set up a debt relief fund for distressed governments. It also backed the creation of a ‘borrowers club’ to facilitate cooperation among low-income countries.
It is doubtful if Modi’s ideas will find resonance with the Trump administration as it takes on the G20 presidency. But the Johannesburg G20 summit demonstrated that the major economies are uneasy with Trump’s changes.
Canadian Prime Minister Mark Carney says the United States’ absence from this year’s G20 summit underscores a major shift in global economic influence. Speaking in South Africa, Carney said the turnout,
G20 Summit is set to be held in Africa for the first time. As world economy teeters on the edge of recovery, with international trade fragmentation agg
The spotlight is turning Saturday to South Africa, as all preparations have been primed to host the two-day 2025 G20 summit in Johannesburg, thereby becoming the first African