Page 5 - G20 Nations

G20 countries pledge over $21 billion to fund fight Covid-19 pandemic

The announcement comes after the G20 countries injected more than USD5 trillion into the global economy in late March

G20 nations to freeze debt of world's poorest; IMF, World Bank welcome move

The actions to freeze both principal repayments and interest payments will free up more than $20 billion for the countries to spend on improving their health systems

Total oil curbs could remove 19.5 mn barrels from market every day: Saudi

The OPEC+ alliance, led by Riyadh and Moscow, agreed on Sunday to slash daily production by 9.7 million bpd over the next two months

G20 ministers struggle to finalise oil output cuts despite Trump's efforts

The final G20 communique appeared to gloss over simmering divisions over energy policy, making no mention of output cuts and pledging simply to ensure oil "market stability"

Develop innovative methods to fund requirements: FM Sitharaman at G20

She was speaking at the 2nd Extraordinary G20 Finance Ministers and Central Bank Governors (FMCBG) meeting, held in a virtual manner.

Covid-19: G20 nations agree to keep markets open, tackle supply disruptions

The current federal rules require an H-1B visa holder to leave the US along with their family members within 60 days of losing their job.

Coronavirus: G20 ministers meet by video to tackle supply chain disruptions

Many countries rely on China for drug ingredients, and are now struggling to avoid shortages after lockdown measures prompted by the epidemic held up supplies and delayed shipments.

G20 ministers agree to keep markets open amid coronavirus outbreak

G20 leaders pledged last week to inject over $5 trillion into the global economy to limit job and income losses caused by border closures and sweeping shutdowns

G20 commits $5 trn spending; aims to boost world economy in coronavirus

Finance ministers to prepare action plan soon, Trade ministers to assess impact on global trade

G20 nations pledge $5 trn to boost world economy stung by coronavirus

The talks came amid criticism that the G20 has been slow to address the Covid-19 pandemic

UN chief says global recession due to coronavirus 'a near certainty'

The world's wealthiest nations poured unprecedented aid into the traumatized global economy on Thursday as coronavirus cases ballooned in Europe, the current epicenter

India should maintain fiscal deficit; needs revenue mobilisation: Gopinath

India's consolidated deficit (the Centre and states combined) is the highest among the G20 nations, she added.

G20 nations imposed 28 new trade-restrictive measures in 6 months: WTO

The restrictive measures cover an estimated USD 460.4 billion worth of traded merchandise, an increase of 37 per cent over the same period previous year.

G20 finance ministers likely to back OECD's digital tax proposal

OECD will present its "unified approach" to a digital tax at a G20 gathering on the sidelines of annual meetings of the International Monetary Fund and World Bank

India's upcoming G20 presidency

New Delhi must guard against the world's premier multilateral economic forum being hijacked by bilateralism

Japan urges G20 to settle global trade woes multilaterally

Japan will make tackling global imbalances a priority in deliberations as next year's G20 chair

G20 nations double trade-restrictive measures to 39 in last 7 months: WTO

The report also added that the G20 economies implemented 47 measures to facilitate trade during this review period

G20 nations bows to US pressure, drop free trade pledge

Donald Trump has accused two G20 members, China and Japan, of currency manipulation