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Italy pushes for extraordinary G20 summit on Afghanistan -media

Reuters
Posted at Aug 19 03:13 PM

Italian Prime Minister Mario Draghi is working to organize a summit of the Group of 20 major economies on the situation in Afghanistan after the Taliban takeover at the weekend, newspapers La Repubblica and Il Messaggero said on Thursday. Read more »

Virus variants threaten global recovery, G20 warns

Gavin Jones and Leigh Thomas, Reuters
Posted at Jul 11 07:53 AM

An upsurge in new coronavirus variants and poor access to vaccines in developing countries threaten the global economic recovery, finance ministers of the world's 20 largest economies warned on Saturday. Read more »

IMF chief cheers lending expansion ahead of G20 meeting

Agence France-Presse
Posted at Jul 09 12:36 PM

 IMF Managing Director Kristalina Georgieva said Friday the Fund's executive board has backed increasing its special drawing rights (SDR) by $650 billion as it looks to support countries recover from the Covid-19 crisis. Read more »

IMF chief urges G20 to prevent 'devastating' blow to poorest

ABS-CBN News
Posted at Jul 07 09:13 PM

The world's richest nations must do more to help the poorest countries withstand the "devastating double-blow" of the pandemic and the resulting economic damage, IMF chief Kristalina Georgieva said Wednesday. Read more »

Global minimum tax deal: What you need to know

Agence France-Presse
Posted at Jul 07 02:09 PM

Some 130 nations have agreed to what would be the biggest international tax reform in a generation to clamp down on big companies that are gaming the rules. Read more »

China pledges $3 billion in aid to developing nations

Eduardo Baptista, South China Morning Post
Updated as of May 22 02:21 PM

Chinese President Xi Jinping pledged US$3 billion to developing countries at the virtual G20 Global Health Summit in Rome on Friday, as the world looks to leading economies for concrete commitments to fund and distribute Covid-19 vaccines equitably. Read more »

G20 to boost IMF war chest, extend debt-servicing freeze -draft

Jan Strupczewski and Andrea Shalal, Reuters
Posted at Apr 07 10:33 PM

World finance chiefs will agree on Wednesday to boost reserves at the International Monetary Fund by $650 billion and extend a freeze on developing countries' debt servicing to help them deal with the coronavirus pandemic, a draft statement said. Read more »

G20 to discuss uneven recovery from COVID crisis, officials say

Reuters
Posted at Apr 06 03:27 PM

The world's financial leaders will discuss on Wednesday how to coordinate policies to prevent their virus-battered economies emerging from recession at highly different speeds, officials said ahead of the virtual meeting.   Read more »

US pushing G20 for global minimum corporate tax: Yellen

Agence France-Presse
Posted at Apr 06 09:01 AM

The United States is pushing in the G20 to adopt a global minimum corporate tax to stem the erosion of government revenues, US Treasury Secretary Janet Yellen said Monday. Read more »

G20 dithers on poor countries debt time bomb

Agence France-Presse
Posted at Nov 23 08:30 AM

The G20 promised Sunday to tackle the explosive issue of developing-nation debt, but failed to stake out any clear action, infuriating campaigners warning of a looming crisis.   Read more »

G20 says it will strive for fair global access to COVID-19 vaccine

Reuters
Posted at Nov 23 12:44 AM

Leaders of the 20 biggest economies on Sunday vowed to spare no effort to supply COVID-19 drugs, tests and vaccines affordably and fairly to "all people", reflecting worries that the pandemic could deepen global divisions between rich and poor. Read more »

G20 leaders seek to help poorest nations in post-COVID world

Raya Jalabi, Ryan Woo and Andrea Shalal, Reuters
Updated as of Nov 22 08:59 AM

Leaders of the 20 biggest economies on Saturday vowed to ensure a fair distribution of COVID-19 vaccines, drugs and tests around the world and do what was needed to support poorer countries struggling to recover from the coronavirus pandemic. Read more »

UN chief calls on G20 for bolder, ambitious pandemic response

Agence France-Presse
Posted at Nov 18 08:36 AM

UN Secretary-General Antonio Guterres called in a letter released Tuesday for G20 leaders, whose summit will be hosted by Saudi Arabia this weekend, to be bolder and more ambitious in their pandemic response. Read more »

HK tycoon and Int'l Chamber of Commerce adviser calls on G20 to help SMEs amid pandemic

Denise Tsang, South China Morning Post
Posted at Nov 15 08:57 AM

Businessman Victor Fung says boosting trade-related finance would be a low-risk means of providing stimulus to small and medium-sized enterprises. G20 leaders are expected to meet for an online summit later this month. Read more »

G20 countries still backing fossil fuels through COVID-19 response

Thin Lei Win, Reuters
Updated as of Nov 10 09:01 AM

The G20 major economies are "moving in the wrong direction" in response to the coronavirus pandemic by using stimulus spending to support industries and companies that rely heavily on planet-warming fossil fuels, researchers said on Tuesday.   Read more »

G20 to extend debt freeze for poorest nations, still wrangling over next steps

Jan Strupczewski, Andrea Shalal and Elizabeth Howcroft
Posted at Oct 14 09:20 PM

The G20 group of major economies is poised to extend a multi-billion-dollar debt freeze for the world's poorest countries to help them weather the coronavirus crisis, and may adopt a common approach to dealing with longer-term debt restructurings. Read more »

G20 to agree to debt freeze extension for poor nations, draft communique shows

Reuters
Posted at Oct 14 03:46 AM

BRUSSELS/WASHINGTON - The G20 major economies will agree to extend a coronavirus debt service freeze for poor countries for at least six months beyond the end of 2020 and adopt a common approach to longer-term debt actions, a draft communique seen by Reuters showed on Tuesday. Read more »

Saudi Arabia: G20 leaders summit to be held virtually on Nov 21-22

Reuters
Posted at Sep 28 08:19 AM

The summit will focus on protecting lives and restoring growth by addressing vulnerabilities uncovered during the pandemic and by laying down foundations for a better future, the government said in a statement.   Read more »

G7 finance heads seen backing extension of debt freeze for poorest nations

Reuters
Posted at Sep 25 02:43 PM

G7 finance ministers are expected on Friday to signal their support for extending a debt relief programme aimed at helping the poorest countries weather the coronavirus pandemic, three sources briefed on the issue said. Read more »

Saudi hosts G20 talks on debt crisis, virus recovery

Anuj Chopra, Agence France-Presse
Posted at Jul 19 07:27 AM

G20 nations will consider extending debt relief for coronavirus-hit poor countries in the second half of 2020, the group's finance ministers and central bankers said Saturday after talks aimed at spurring global economic recovery. Read more »