Russian President Vladimir Putin complained Saturday about lack of international recognition for its Sputnik V Covid-19 vaccine at a G20 summit, where leaders agreed...
WASHINGTON: President Joe Biden, hoping to signal U.S. re-engagement with allies after four years of Donald Trump's "America First" policies, heads to a meeting...
Malpass said he was pleased by progress made by the Group of 20 major economies on increasing debt transparency and providing debt relief to the poorest countries, but more was needed.
Major creditors, including China, will be expected to follow the joint guidelines agreed by the G20, which lays out how debt deemed to be unsustainable can be reduced or rescheduled
The G20 countries have provided a major relief to Pakistan by postponing debt payment worth $12 billion in the current fiscal year and approved the time period up to 2.5 years.
The Group of 20 nations announced support Wednesday for a temporary halt to debt payments by the world's poorest nations as they struggle to deal with the coronavirus pandemic.
Saudi Arabia, Russia and their allies will press Mexico on Friday to join an accord for collective oil production cuts equivalent to 10% of global supplies.
Japan and Singapore are on the brink of recession and South Korea on Friday said its exports to China slumped in the first 20 days of February as the outbreak upends global supply chains.
Group of 20 leaders have clearly confirmed the need for a free, fair and non-discriminatory trade policy, Japanese Prime Minister Shinzo Abe said on Saturday