The Latest Breaking News from G20

In mid-January, the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, said that Saudi Arabia had become a bright spot for the world and regional economies. Speaking at a session at the World Economic Forum (Davos), Georgieva explained that when she visited Saudi Arabia, she was incredibly impressed…

Brazil's President Luiz Inacio Lula da Silva said Sunday he had discussed in Abu Dhabi joint mediation for Russia's war in Ukraine with China and the United Arab Emirates, accusing the United States and Europe of prolonging the conflict. The President, who was wrapping up an official visit to China…

Asian giants are buying 1.5 million barrels a day from Russia – each

India on Thursday countered Pakistan's objection to the holding of Group of 20 (G20) meetings in the Himalayan regions of Kashmir and Ladakh, saying it was free to hold meetings on its own territory.

As recent banking failures in US and Europe show, rich countries can act quickly when they want to

A G-20 finance meeting communique is unlikely again amid war

Saudi Arabia topped the G20 countries in the performance of the purchasing managers’ index (PMI) for the non-oil private sector, in January 2023. The index recorded headline growth at 58.2 points, marking consecutive growth since September 2020 and reflecting the strength and durability of the Kingdom’s economy despite the state…

The International Monetary Fund said the UK's economy will grow slower than most other G20 countries.

India assumed the presidency of the G20, an economic bloc comprised of 19 countries and the European Union, in December.

Pakistan on Tuesday condemned India's decision to hold Group of 20 meetings in the disputed Himalayan territory of Kashmir next month, calling the move "irresponsible".

Finance ministers and central bank governors are meeting at the IMF to discuss challenges facing global economy.