Bull or bear in 2021?

December 17, 2020 08:35 am

What can we expect in 2021? On the positive side, the year will follow a similar script as 2020, with generous monetary and fiscal policies justifying further optimism for equities.

RIYADH/WASHINGTON, March 27: 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.”

RIYADH, March 26: Saudi Arabia’s King Salman called on Thursday for G20 leaders to boost funding for a coronavirus vaccine, resume the normal flow of goods and services as soon as possible, and help developing countries overcome the global health crisis.

NAGOYA, JAPAN, Nov 22: Japan seized the last event of its G20 presidency on Friday to push back at South Korean claims about radiation from its ruined Fukushima nuclear plant as a deep dispute between Tokyo and Seoul threatened to overshadow the meetings.

Does the G20 still matter?

July 14, 2019 00:30 am

While G20 has been very good at issuing grandiose communiqués to acknowledge the existence of global challenges, it has proven utterly incapable of advancing any solutions to them

OSAKA, June 28:  U.S. President Donald Trump made clear on Friday his priority at a summit of Group of 20 leaders was trade deals to boost the U.S. economy, as other leaders such as China’s Xi Jinping warned against protectionism and its threat to the global economy.

OSAKA, June 28: World leaders attending a Group of 20 summit in Japan are clashing over the values that have served for decades as the foundation of their cooperation.

OSAKA, June 28: Chinese President Xi Jinping said on Friday that some developed countries are taking protectionist measures that are leading to trade conflicts and economic blockade - calling them the biggest risk of the increase in instability in the global economy.

Your daily dose of missed important news of the day.

TOKYO, June 19: Substantial discussions on trade, including reform of the World Trade Organization, will likely take place at a summit of Group of 20 major economies next week in Osaka, a senior Japanese finance ministry official said on Wednesday.

LONDON, June 17: Prime Minister Theresa May is considering a face-to-face meeting with Russian President Vladimir Putin at this month’s G20 summit in Japan in an effort to begin a thaw in relations before a new British leader comes to power, The Times newspaper reported.

FUKUOKA, June 9: Group of 20 finance leaders agreed to describe trade and geopolitical tensions as “intensified” and pledged to take further action to address these economic risks, three G20 sources said as a second day of meetings got underway on Sunday.

Infographics: The Cost of G20 Security

December 4, 2018 00:05 am

The G20 is taking over Buenos Aires, Argentina this weekend. The South American country has had a string of security scares in the lead up to the event including: an attack on soccer players by fans, a bombing plot by vegan activists, and an arrest by a pair of brothers believed to have ties to Hezbollah, the Lebanese militant group.

BUENOS AIRES, Dec 2: Leaders of the world’s top economies agreed Saturday to repair the global trading system as they closed a Group of 20 summit that saw the Trump administration at odds with many allies over the Paris accord on climate change and issues like migration.

SHANGHAI, Nov 30:  China and the United States can reach a trade agreement at the G20 meeting in Argentina this week, the state-run China Daily newspaper said in an editorial on Friday, but Washington must be “fair minded” if it wants to defuse spiraling tensions.

BUENOS AIRES, Nov 30: Stepping away from the sealed security zone and ceremonial pomp of the Group of 20 summit, Indian Prime Minister Narendra Modi brought a message dear to his heart to host Argentina -- the value of yoga.

Chinese president tries to portray China as champion of globalisation ahead of crunch talks with US president at G20

NEW DELHI, Oct 5:  Russia is ready to consider cooperation with India in a number of energy projects, including Far East LNG and Arctic LNG 2, as well as projects on natural resources development in Russia's Siberia, Yamal and continental shelf, Russian President Putin, said on Friday.