Page 48 - G20 Summit

World leaders converge in Bali for G20, Russia-Ukraine on their minds

Prime Minister Narendra Modi and leaders from the world's major economies arrived here ahead of the G20 summit, being held against the backdrop of the Russia-Ukraine war that has added to the challenges brought about by the devastating Covid pandemic. "Recover Together, Recover Stronger" - the theme picked by Indonesia when it took over the presidency of G20 a year ago appeared apt at that time for the group of the world's major economies fighting the effects of the Covid pandemic. But just ahead of the November 15-16 summit of the Group of 20 in the upmarket Nusa Dua area of the resort Island, this slogan painted on buses and on billboards seems slightly dated. Russia's war in Ukraine has piled more economic challenges onto the world, threatening food and energy shortages. Apart from the Russia-Ukraine conflict and its impact on the global economy, another interesting development was a meeting between US President Biden and his Chinese counterpart Xi Jinping on Monday. The first

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Russia-Ukraine conflict, US-China frictions dominate G20 summit in Bali

Discord over Russia's war on Ukraine and festering tensions between the US and China are proving to be ominous backdrops for world leaders gathering in Indonesia's tropical Bali island for a summit of the Group of 20 biggest economies starting Tuesday. With recession looming as central banks fight decades-high inflation partly brought on by the war, US Treasury Secretary Janet Yellen said that ending the conflict would be the "single best thing that we can do for the global economy." British Prime Minister Rishi Sunak, writing in the newspaper The Telegraph, called Russia a "rogue state" and slammed its president, Vladimir Putin, for staying away. "Leaders take responsibility. They show up. Yet, at the G-20 summit in Indonesia this week, one seat will remain vacant," wrote Sunak, who took office last month. "The man who is responsible for so much bloodshed in Ukraine and economic strife around the world will not be there to face his peers. He won't even attempt to explain his ...

G20 summit: Biden, Xi shake hands as they meet amid superpower tensions

President Joe Biden and Chinese President Xi Jinping opened their first in-person meeting Monday since the US president took office nearly two years ago, amid increasing economic and security tensions between the two superpowers as they compete for global influence. Xi and Biden greeted each other with a handshake at a luxury resort hotel in Indonesia, where they are attending the Group of 20 summit of large economies. US officials say Biden aims to build a floor in the relationship between the leaders and nations to identify areas of potential cooperation and to avoid miscalculations between the nuclear powers on areas of disagreement. Both men entered the highly anticipated meeting with bolstered political standing at home. Democrats triumphantly held onto control of the U.S. Senate, with a chance to boost their ranks by one in a runoff election in Georgia next month, while Xi was awarded a third five-year term in October by the Communist Party's national congress, a break with .

All eyes on Russia as G20 leaders gather in Bali to discuss global crises

PM Modi to emphasis India's priorities as country takes over G20's annual presidency at the end of the meet

India's G20 presidency could shape voter mood for 2024

Given the number of events taking place simultaneously across the country, hardly any state will miss out on the G20 extravaganza

Top headlines: FY24 direct tax target, PM visits Bali, COP27 meet, and more

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G20 summit: PM to participate in sessions on food & energy security, health

Narendra Modi will take part in sessions related to food and energy security, health as well as digital transformation in the G20 summit at Bali in Indonesia, Foreign Secretary Vinay Kwatra said

PM Modi visit short but very important in G20 Summit: Indian envoy

Prime Minister Narendra Modi will participate at the 17th G20 Summit where he will formally take over India's G20 Chairmanship for 2023.

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G20 summit: Eight things to watch for as global leaders meet in Bali

This G20 gathering comes against the backdrop of Russia's war in Ukraine, plus increasingly confrontation between the US and China, and tensions over oil supply between the US and Saudi Arabia.

BS Views of the week: India's G20 Presidency, COP27, US midterm elections, and more

Business Standard's opinion pages this week focused on India's G20 Presidency, COP27, outcome of US midterm elections, and much more

G20 Delhi summit likely to have dedicated vertical for digital public goods

Open-source Aadhaar and UPI will be two top digital public goods offered; govt trying to take QR-based authentication and payment services global following success of DBT, payment digitisation

India, Indonesia think tanks hold a discussion on "G20 and Global Dynamics"

This has provided a unique opportunity for India and Indonesia to deepen their bilateral engagement as a host of Track II events are being held with stakeholders from both nations.

'Debt distress, climate action to be challenges for India as G20 President'

"All major bilateral creditors, including China, must cooperate constructively to deliver on their G20 commitment to provide meaningful debt relief, " US Treasury Secretary Janet Yellen said.

'US looking forward to support India's G20 presidency': Janet Yellen

The 2022 G20 Summit will take place under the presidency of Indonesia in Bali between November 15 and 16

G20 Summit: US President Biden to meet China's Jinping in Bali on Nov 14

US President Joe Biden would meet his Chinese counterpart Xi Jinping on November 14 on the sidelines of the G-20 Summit in Indonesia during which they will discuss ways to work together where their interests align, especially on transnational challenges that affect the international community, the White House announced on Thursday. The meeting comes amid the fractious relationship between the two nations. The Leaders will discuss efforts to maintain and deepen lines of communication between the United States and the PRC (People's Republic of China), responsibly manage competition, and work together where our interests align, especially on transnational challenges that affect the international community, White House Press Secretary Karine Jean-Pierre said. The two Leaders will also discuss a range of regional and global issues, Pierre said. This would be their first in-person meeting after Biden became the US President in January 2021. The two leaders have spoken over the phone as m

India to highlight heritage, diversity during one-year G20 presidency

India will showcase its culture, diversity and technological advancement during its one-year presidency of the G20 group of countries, sources said on Thursday. Harsh Shringla, former foreign secretary, and G20 Sherpa Amitabh Kant on Thursday gave a presentation on the programmes planned to the Union Council of Ministers once India assumes the G20 presidency, they said. India will host more than 200 meetings at 56 locations once the country assumes the G20 presidency next month, the sources said. Shringla is India's chief G20 coordinator. India will assume the presidency of the G20 group of countries for a year for the first time, starting December 1. Many delegates and diplomats from the G20 member countries and guest countries will arrive in India for these meetings during the one-year period. The sources said Kant and Shringla informed the ministers and secretaries during the presentation that more than 200 meetings would be held at 56 locations -- both big and small ...

PM Modi to visit Indonesia from November 14-16 to attend G20 summit: MEA

Prime Minister Narendra Modi will visit Indonesian city of Bali from November 14 to 16 to attend the G20 summit, the Ministry of External Affairs announced on Thursday. India will assume the Presidency of the powerful grouping from the current chair Indonesia on December 1. The G20 or Group of 20 is an intergovernmental forum of the world's major developed and developing economies. It comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US and the European Union (EU). The G20 summit will take place on November 15 and 16 in Bali and Modi is set to be among the top leaders attending it. The G20 is the premier forum for international economic cooperation representing around 85 per cent of the global GDP, over 75 per cent of the global trade, and about two-thirds of the world population. India is currently part of the G20 Troika (current, previous

Russian President Vladimir Putin will not attend G-20 summit: Official

Russian President Vladimir Putin will not attend the Group of 20 summit in Indonesia next week, avoiding a possible confrontation with the United States and its allies over his war in Ukraine, an Indonesian government official said Thursday. US President Joe Biden, Chinese President Xi Jinping and other world leaders are to attend the two-day summit in Bali that starts on November 15. The summit was to be the first time that Biden and Putin would have been together at a gathering since Russia invaded Ukraine in February. Luhut Binsar Pandjaitan, the Chief of Support for G-20 events told reporters in Denpasar, Indonesia, that Russia's Foreign Minister Sergey Lavrov will lead the Russian delegation. The Indonesian government respects the decision of the Russian government, which President Putin himself previously explained to President Joko Widodo in a very friendly telephone conversation, said Pandjaitan, who is also the Coordinating Minister of Maritime and Investment. Biden had r