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The Latest Breaking News from G20

G20 Nations Agree Central Bank Independence 'Crucial'

The G20 finance ministers stressed Friday that central banks must remain independent, after months of escalating attacks by US President Donald Trump on Federal Reserve boss Jerome Powell.

International Business Times

Company insolvencies fall in England and Wales, in ‘glimmer of relief’; Trump blasts Fed board – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

South Africa Warns Global Turmoil Threaten Development Goals

G20 chair South Africa warned Thursday that abandoning the rules-based global order and declining cooperation could derail 2030 development goals to end hunger, eradicate extreme poverty and fight climate change.

International Business Times

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Donald Trump claims he’s behind a sweet change to Coca-Cola – with no confirmation yet

US President Donald Trump said that Coca-Cola has agreed to use real cane sugar instead of high-fructose corn syrup in its domestic sodas - all at his suggestion. However, the company have not confirmed the change...

Euronews

Reeves to pitch UK to G20 finance ministers as ‘beacon of stability’

Global uncertainty persists with the threat of US tariffs and the ongoing impact of the war in Ukraine.

Evening Standard

Egypt needs more drinkable water – how windy coastal resorts could help

Egypt is facing a growing water crisis due to its arid climate, limited water resources, and rapidly increasing population. The country of 114 million people depends heavily on the longest river in the world, the Nile, for fresh water. But rising demand for water in Egypt and from upstream users…

The Conversation

Food trade regimes harm people and the planet: how the G20 can drive improvements

African food systems face daunting challenges in the face of climate change. They must ensure fair access to food for residents of Africa’s growing cities and create decent jobs where workers and small businesses get a fair share of earnings. Food systems must also mitigate the environmental problems they cause,…

The Conversation

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The spirit of the G8 ‘make poverty history’ summit of 2005 seems long gone

The 2008 crash, Trump, aid budget cuts and a more fragmented world has made debt relief seem a lost cause but there are murmurs of a renaissance

The Guardian - UK

Artist’s lens brought to bear on impact of austerity in new exhibition

A NEW exhibition is exploring how years of austerity and the global pandemic have affected people in Glasgow communities ...

The National (Scotland)

Climate, conflict and energy security – our research shows how the EU’s industrial policy must change to face this polycrisis

Industrial policy is back – it’s currently central to the agendas of both the EU and the UK. This resurgence comes amid a polycrisis marked by climate breakdown, social inequality, energy insecurity and geopolitical instability. And it reflects a wider shift. Governments across G20 countries are stepping in more actively…

The Conversation

G20 President S.Africa Warns Global Turmoil Hurts Poorer Nations

Global fragmentation is fuelling unprecedented turmoil and disproportionately harming poorer nations, South Africa's foreign minister warned Thursday, urging a united G20 response for peace.

International Business Times

These Are the Key Tariff Issues to Watch in Coming Months

While they're not dominating headlines right now, tariffs are not over. Some key dates are coming up fast that could upend markets all over again.

Kiplinger

Xi Jinping to skip Brics summit in Brazil after India’s Modi offered state dinner

Chinese president has never missed a Brics summit before

The Independent UK

G20 countries could produce enough renewable energy for the whole world – what needs to happen

The world’s most developed economies have also burnt the most oil and coal (fossil fuels) over the years, causing the most climate change damage. Preventing further climate change means a global fossil fuel phase-out must happen by 2050. Climate change mitigation scientists Sven Teske and Saori Miyake analysed the potential…

The Conversation

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The Conversation

Africa’s power pools: what the G20 can do to help countries share electricity

South Africa holds the presidency of the G20 this year. The group is made up of 19 of the world’s largest economies, the European Union and the African Union. A priority of South Africa’s G20 presidency is African connectivity: promoting cross-border energy trade and regional power pools as a way…

The Conversation

Africa has the highest rate of forest loss in the world – what the G20 can do about it

Africa needs its forests for sustainable development, poverty reduction, food security, and to make the continent more resilient to climate change. They take up 23% of the continent. At 674 million hectares in extent, these forests occupy an area the same size as the Amazon rainforest.

The Conversation

Sugary drinks, processed foods, alcohol and tobacco are big killers: why the G20 should add its weight to health taxes

By 2030, non-communicable diseases will account for 75% of all deaths annually. Eight percent of these will be in the global south. Most of these diseases are what we call silent killers: type 2 diabetes, high blood pressure and heart disease, as well as certain types of cancer at increasingly…

We Got This Covered

‘Always grifting’: Donald Trump humiliated after using photo from wrong country in South African ‘genocide’ claim

A swing and a miss, Mr. President!

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Euronews

EU and African Union ministers pledge to boost cooperation on peace, security and economy

The last time that foreign ministers from both continents met, Russia had not launched a full-scale invasion of Ukraine, the war in Sudan had not begun, and France had not lost its influence in Africa's Sahel region, where its military departed from last year.

The Guardian - US

Trump news at a glance: Ramaphosa keeps his cool in Trump’s ‘orchestrated show for the cameras’

The South African president insists the meeting went ‘very well’ despite Trump publicly berating him. Key US politics stories from Wednesday 21 May 2025

International Business Times

Ramaphosa's Talks With Trump Chance To Reset Tattered Ties

South Africa's President Cyril Ramaphosa travels to the United States next week to meet Donald Trump in a bid to rescue deteriorating relations with a vital and increasingly critical trade partner.

The Conversation

G20 is too elite. There’s a way to fix that though – economists

The G20 claims to be “the premier forum for international economic cooperation”.

International Business Times

South Africa Launches Reform Of Derelict Municipalities

South African President Cyril Ramaphosa unveiled Wednesday a plan to revive South Africa's flagging local governments, weeks after publicly criticising the state of the financial capital Johannesburg as it prepares to host the G20 summit in November.

The Guardian - UK

African diplomats urge UK government to back bill to speed up debt restructurings

Countries are struggling to manage expensive loans, with much of debt transacted through London

The Conversation

Fossil fuels are still subsidised: G20 could push for the funds to be shifted to cleaner energy

As the G20 presiding nation, South Africa has an opportunity to champion issues relevant to emerging economies. One of these issues is government subsidisation of privately owned fossil fuel corporations.

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