Organizations call on G-20 to cancel debts
Four anti-poverty international organizations called on G-20 finance ministers to cancel debts in poor nations so they can deal with the COVID-19 pandemic.
G20
The Group of 20 is the premier international forum for economic cooperation, bringing together the world's major economies to address global financial and economic challenges. Its members represent over 80% of global GDP and two-thirds of the world's population, making it a critical body for policy coordination on issues from trade to climate change and sustainable development.
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U.N. climate summit delayed until 2021
The U.N.'s annual climate summit planned for November in Glasgow, Scotland, will be postponed for a year, due to the coronavirus pandemic.
U.N. expert: Saudi case a 'parody of justice'
The head of the U.N. team that investigated Jamal Khashoggi’s death dismissed pardons that could allow Saudi authorities to release his killers.
Using the pandemic to 'rebuild our world'
Some good can come out from the pandemic if world leaders use it to "rebuild our world for the better" by investing in clean energy, the U.N. chief said.
World's 'greatest test' delays climate talks
The coronavirus pandemic that has caused 47,000 deaths worldwide represents what officials call humanity's worst crisis since World War II.
G-20 pledges $5 trillion to fight virus
G-20 major economies promised to spend more than $5 trillion to prop up the global economy and hasten recovery from the pandemic.
E.U. to engage U.K. in major organizations despite onset of Brexit
A top E.U. negotiator says it turn to the U.N., WTO and G-20 as important go-betweens with the U.K. after leaving the bloc.
U.S. forces WTO to shutter appeals court for resolving trade disputes
The World Trade Organization's ability to resolve trade disputes among nations is arguably its most critical function.
G-20 ministers press to elevate the importance of global trade rules
G-20 foreign ministers agreed WTO reforms are urgently needed to boost its relevance amid a U.S.-China trade war.
IMF forecasts hit to global GDP from Trump's trade war with China
Tariffs imposed or threatened by the U.S. and China could reduce global economic output by 0.8% in 2020.
Central bankers worried about the risks of trade wars and cheap money
The global bank for central banks said U.S. and European stimulus measures won't provide "sustainable momentum."
G-20 calls trade and geopolitical tensions threat to global growth
As host to the talks, Japan played peacemaker between the U.S. and nations antagonized by Trump's protectionism.
G-20 major economies focus on U.S.-China trade war and tax loopholes
Finance leaders projected moderate global growth and recovery but warned of risks from a prolonged trade war.
OECD sets new voluntary ethical standards for artificial intelligence
IBM, which helped develop the standards, said they offer policy guidance for governments and stakeholders worldwide.
Davos leaders urger stricter rules for data governance and tech sector
Among the proposals for reining in big tech are the creation of a new system for data oversight and a common digital market.
Merkel says a world without multilateralism will 'end in misery'
Germany's chancellor noted some 'disquiet in the international system,' referencing the Trump administration.