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The Latest Breaking News from G20

Germany's Embattled Scholz Trades Blows With Rivals As Election Looms

Germany's embattled Chancellor Olaf Scholz, mired in a government crisis, traded blows with his rivals Wednesday in combative parliament speeches as all sides ready for elections in February.

International Business Times

China's Xi Heads To Peru For APEC Meeting Shrouded In Trump Fears

Chinese leader Xi Jinping headed to Peru on Wednesday, bound for a meeting of Asia-Pacific Economic Cooperation (APEC) organisation leaders overshadowed by fears of renewed global trade tensions under Donald Trump.

International Business Times

New Push For EU-South America Trade Deal Despite French Fury

A controversial trade deal between the EU and South America's Mercosur bloc is back in the spotlight with rekindled optimism that the two sides could conclude an agreement before the year is over.

International Business Times

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World Leaders Meet For Climate Talks, But Big Names Missing

Dozens of world leaders convene in Azerbaijan on Tuesday for COP29 but many big names are skipping the UN climate talks where the impact of Donald Trump's election victory is keenly felt.

International Business Times

Far-right leader beats Keir Starmer to front of queue for meeting with president-elect Trump

President Javier Milei has been invited to meet the next US President at Mar-a-Lago, his Florida club

The Independent UK

India’s need to step up solar, wind capacity addition

Another year and another climate conference is upon us, this one in Azerbaijan. It will start off on a positive note for India which recently hit the 200 GW mark in its non-fossil fuels installed capacity, or how much power it can produce from energy sources such as solar and wind. But…

Newslaundry

How informing shoppers can help fight inequality

Recent elections, G20 summits, and CEO pay scandals have brought inequality to the forefront of the news. Economists often point out that decisions on, say, tax policy in this arena depend on society’s – and individuals’ – attitudes to inequality and fairness. But how you feel about a given inequality…

The Conversation

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US-Africa relations under Biden: a mismatch between talk and action

In his first year in office, US president Joe Biden committed to resetting US-Africa relations based on a doctrine of equal partnership.

The Conversation

'We are teetering on a planetary tightrope': Cut emissions in half right now to prevent climate catastrophe, UN warns

A new U.N. report has found the world will warm by twice the 1.5-degree-Celsius target adopted in the Paris Agreement by 2100 if countries fail to slash greenhouse gas emissions right now.

LiveScience

Treasurer: Conflict casts dark shadow over the economy

While visiting Washington, DC, for a series of meetings with the G20, IMF and World Bank, the treasurer also sat down with Republican and Democrat advisers.

AAP

G20 Affirms Commitment To Transition From Fossil Fuels

G20 leaders affirmed their commitment to shifting away from fossil fuels after talks this week in Washington, according to a ministerial statement released Friday.

International Business Times

Rachel Reeves basks in IMF backing for UK budget rules overhaul

In one session after another, IMF officials repeated backing for principle of increased borrowing to drive growth

The Guardian - UK

'Crunch time is here' UN warns as world heads for 3.1C warming

If countries fail to step up their climate policies, the world could warm by a huge 3.1C this century – leading to “catastrophic” increases in extreme weather events including heatwaves and floods, the UN’s environmental agency has warned.

Radio France Internationale

Mideast war not behind Aussie inflation: opposition

Unlike Australia, inflation and interest rates are falling in the UK, the US, Canada and New Zealand despite conflict in the Middle East, the opposition says.

AAP

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Evening Standard

World on track for ‘catastrophic’ 3.1C of global warming this century, UN warns

International goal to limit warming to 1.5C will ‘soon be dead’ without a massive mobilisation to cut climate emissions, UN says.

The Guardian - UK

‘Crunch time for real’: UN says time for climate delays has run out

Means to stop catastrophic global heating exist, says UN chief, but political courage is needed to end world’s fossil fuel addiction

Evening Standard

Report suggests Reeves could announce plans to change Britain’s debt rules

The Chancellor will be looking to raise up to £40 billion from tax hikes and spending cuts in order to avoid a return to austerity.

The Independent UK

Rachel Reeves to turn on spending taps with Budget boost for infrastructure and clean energy

The chancellor is planning to change the government’s fiscal rules to free up billions of pounds of borrowing, which she will promise to spend laying ‘the foundations of future growth’

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The Independent UK

Reeves promises ‘reset for our economy’ as she prepares for first Budget

The Chancellor said she will make the UK ‘a rock of economic stability’.

AAP

Australia facing further economic troubles

Australia is facing ongoing economic challenges as Labor holds out hope interest rates will come down before the federal election.

The Guardian - UK

Lula and Petro have the chance of a lifetime to save the Amazon. Can they unite idealism and realpolitik to pull it off?

The South American leaders are in the spotlight as they prepare to host this week’s Cop16 biodiversity summit, November’s G20 meeting and next year’s Cop30 climate summit

Al Jazeera

Timeline of tensions: How India-Canada relations soured

Tensions between the two countries were brewing long before the latest diplomatic spat.

The Guardian - UK

Foreign aid for fossil fuel projects quadrupled in a single year

With clean air projects receiving just 1% of aid, activists say nations ‘cannot continue polluting practices at expense of climate stability’

The Independent UK

G20 environment ministers back funding for forest conservation

Environment ministers of the Group of 20 nations agreed Thursday to support the creation of funding sources for ecosystem services, acknowledging Brazil’s proposal to establish a trust fund for forest conservation

Reason

Waiving the Filibuster to Pass a National Abortion Bill Is a Bad Idea

Democrats will live to regret doing this if they have the votes to do it.

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