* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, August 26, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    ‘The Roses’ review: Olivia Colman, Benedict Cumberbatch sparkle in dark comedy – Yakima Herald-Republic

    The Roses’ Review: Olivia Colman and Benedict Cumberbatch Shine in Dark Comedy Delight

    ‘When Calls the Heart’ Fans All Want the Same Thing After Seeing the Show’s Latest Update – yahoo.com

    When Calls the Heart’ Fans Rally Together in Excitement Over Exciting New Update!

    Quotes of the Week: Peacemaker, Project Runway, Countdown and More – yahoo.com

    This Week’s Most Memorable Quotes from Peacemaker, Project Runway, Countdown, and More!

    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    How to watch ‘F1: The Movie’ on Prime Video – About Amazon

    Experience the Thrill: How to Stream ‘F1: The Movie’ on Prime Video

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    The Role of AI and Technology in Shaping the Future of Interactive Entertainment – Technology Org

    How AI and Technology Are Transforming the Future of Interactive Entertainment

    Ten upcoming sports stadiums where technology takes to the field – Dezeen

    10 Futuristic Sports Stadiums Revolutionizing the Game with Cutting-Edge Technology

    Figure Technology Solutions, Inc. Files Registration Statement for Proposed Initial Public Offering – Business Wire

    Figure Technology Solutions, Inc. Unveils Exciting Plans for Its Upcoming Initial Public Offering

    UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

    UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    ‘The Roses’ review: Olivia Colman, Benedict Cumberbatch sparkle in dark comedy – Yakima Herald-Republic

    The Roses’ Review: Olivia Colman and Benedict Cumberbatch Shine in Dark Comedy Delight

    ‘When Calls the Heart’ Fans All Want the Same Thing After Seeing the Show’s Latest Update – yahoo.com

    When Calls the Heart’ Fans Rally Together in Excitement Over Exciting New Update!

    Quotes of the Week: Peacemaker, Project Runway, Countdown and More – yahoo.com

    This Week’s Most Memorable Quotes from Peacemaker, Project Runway, Countdown, and More!

    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    How to watch ‘F1: The Movie’ on Prime Video – About Amazon

    Experience the Thrill: How to Stream ‘F1: The Movie’ on Prime Video

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    The Role of AI and Technology in Shaping the Future of Interactive Entertainment – Technology Org

    How AI and Technology Are Transforming the Future of Interactive Entertainment

    Ten upcoming sports stadiums where technology takes to the field – Dezeen

    10 Futuristic Sports Stadiums Revolutionizing the Game with Cutting-Edge Technology

    Figure Technology Solutions, Inc. Files Registration Statement for Proposed Initial Public Offering – Business Wire

    Figure Technology Solutions, Inc. Unveils Exciting Plans for Its Upcoming Initial Public Offering

    UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

    UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Science

Divided G20 split over Ukraine, slow progress on debt

July 19, 2023
in Science
Divided G20 split over Ukraine, slow progress on debt
Share on FacebookShare on Twitter

Earth Science News

ADVERTISEMENT


Commercial UAV Expo | Sept 5-7, 2023 | Las Vegas

Divided G20 split over Ukraine, slow progress on debt
By Peter MARTELL and Bhuvan BAGGA
Gandhinagar, India (AFP) July 18, 2023

G20 finance chiefs ended talks in India Tuesday with disagreement over Russia’s war in Ukraine, limited progress on debt restructuring and warnings that divisions between rich and poor nations risked deepening poverty.

Many countries are still recovering from the coronavirus pandemic and drastic commodity price surges triggered by Russia’s invasion of Ukraine, while climate change is affecting some of the poorest countries least able to cope.

The Group of 20 major economies failed to agree on a joint statement “because we still don’t have a common language on the Russia-Ukraine war”, but progress had been made on key issues, Indian Finance Minister Nirmala Sitharaman told reporters after the two-day summit of finance ministers and central bank governors in Gandhinagar.

The conflict in Ukraine created a devastating global economic impact sending food prices soaring, with diplomatic loyalties torn between Russia and the West.

“The world today is more shock-prone and fragile, with climate change, pandemics, and Russia’s invasion of Ukraine all causing widespread turmoil,” International Monetary Fund chief Kristalina Georgieva said Tuesday.

– ‘Impact poorer nations’ –

US Treasury Secretary Janet Yellen on Sunday insisted redoubling support for war-stricken Ukraine was the “single best” way to aid the global economy, saying she would “push back” on criticism there was a tradeoff between aid to Kyiv and developing nations.

As talks took place, Russia refused to extend a deal on Monday allowing critical Ukrainian grain exports through the Black Sea, sparking outrage from the United Nations, which has warned millions of the world’s poorest would “pay the price”.

Sitharaman said that “several members” had condemned Russia’s stoppage, while German central bank chief Joachim Nagel told AFP it had been “really strange” to have been “discussing how to help the vulnerable countries” as Moscow withdrew from the grain deal.

It will “likely to have an impact on food prices, which will more heavily impact poorer nations”, South African Finance Minister Enoch Godongwana said.

Any discussion on Ukraine is awkward for India, which has not condemned Russia’s invasion but is also part of the Quad grouping alongside Australia, the United States and Japan.

– ‘Paying the price’ –

The new head of the World Bank said Tuesday that growing divides between rich and poor nations risked deepening poverty in the developing world.

“The thing that keeps me up at night is a mistrust that is quietly pulling the Global North and South apart at a time when we need to be uniting,” Ajay Banga said Tuesday.

“The Global South’s frustration is understandable. In many ways they are paying the price for our prosperity,” said Indian-born Banga, a naturalised American citizen who took up the bank post last month after being nominated by US President Joe Biden.

“When they should be ascendant, they’re concerned promised resources will be diverted to Ukraine’s reconstruction, they feel energy rules aren’t applied evenly, constraining ambition, and they’re worried the grip of poverty will pull down another generation.”

The World Bank said it is working to increase its financial capability — including by raising hybrid capital from shareholders — to spur growth and jobs, but said the future economy could not rely on expansion at the cost of the environment.

“The simple truth is: We cannot endure another period of emission-intensive growth,” Banga said.

The United States says efforts to reform multilateral lenders such as the World Bank and other regional institutions could unlock $200 billion over the next decade.

– Debt distress –

G20 finance ministers also discussed multilateral development banks’ reform, tax, cryptocurrency regulations and climate change adaption finance.

Debt restructuring deals for low-income nations were also a key focus.

China, the world’s second-largest economy and a major lender to several stressed, low-income countries in Asia and Africa, has so far resisted any one-size-fits-all debt restructuring formula.

China’s finance ministry said multilateral creditors should handle debt “in accordance with the principle of common action and fair burden”, and that the G20 should “objectively analyse the causes of debt problems of vulnerable countries”.

Several G20 suggested Beijing was reluctant on a deal, but Sitharaman called China’s response “encouraging”.

IMF chief Georgieva said the debt restructuring process “still needs to be speedier and more effective”, warning adding that the costs of delay were being borne by those “least able to bear this burden”.

Australia and China finance chiefs make ‘good progress’ at G20
Gandhinagar, India (AFP) July 18, 2023 –
Australia and China’s finance ministers met Tuesday on the sidelines of G20 talks in India, officials said, the first such meeting for four years as their relationship slowly thaws.

“A more stable relationship between Australia and China is in the best interests of both nations,” Australia’s Treasurer Jim Chalmers said, after meeting China’s Liu Kun in Gandhinagar.

“This is about re-establishing a dialogue that hasn’t existed for more than four years.”

China is Australia’s largest trading partner.

Chalmers said he had a “productive and promising” discussion, adding the pair had “made some good progress”.

The talks came days after Australia’s Foreign Minister Penny Wong met China’s top foreign policy official Wang Yi.

Relations between Beijing and Canberra have been improving since the election of Australia’s centre-left Labor government in May last year.

While China has since scrapped costly import bans on products such as coal and timber, it is yet to remove tariffs on Australian products including barley, wine and lobsters.

Prime Minister Anthony Albanese has been invited to visit China at some point this year, the first Australian leader to do so since 2016.

Related Links

Global Trade News


ADVERTISEMENT

Commercial UAV Expo | Sept 5-7, 2023 | Las Vegas



RELATED CONTENT

The following news reports may link to other Space Media Network websites.



TRADE WARS
China’s top diplomat tells EU not to ‘vacillate’
Beijing (AFP) July 15, 2023

The European Union must not “vacillate” and needs to “clarify” its strategic relationship with Beijing, top diplomat Wang Yi said during a meeting with EU foreign policy chief Josep Borrell, China’s foreign ministry said Saturday.

Germany, Europe’s leading economy on Thursday, announced plans to “de-risk” ties with China.

Other EU leaders, weary of China’s growing assertiveness and cosy relationship with Russia, have pushed to reduce reliance on Beijing.

“The EU side should… clarify the po … read more

ADVERTISEMENT

The content herein, unless otherwise known to be public domain, are Copyright 1995-2023 – Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled “by Staff Writers” include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report’s information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : IndoDaily – https://www.terradaily.com/reports/Divided_G20_split_over_Ukraine_slow_progress_on_debt_999.html

Tags: Dividedsciencesplit
Previous Post

Tata to build electric car battery factory in UK

Next Post

Ex-players who headed ball the most at increased risk of dementia

2025 Tahoe Co-Lab takes a deep dive into the ecology of the lake – University of Nevada, Reno

Unveiling the Hidden Wonders of Lake Ecology: A Deep Dive into the 2025 Tahoe Co-Lab

August 26, 2025
Vibe coding startup CEO says a computer science degree is no longer the ‘entry ticket’ to a career in tech – Business Insider

Tech Startup CEO Declares Computer Science Degrees Are No Longer the Gateway to Tech Careers

August 26, 2025
Scientists crack a 60-year-old quantum mystery – ScienceDaily

Scientists crack a 60-year-old quantum mystery – ScienceDaily

August 26, 2025
7 boomer habits Gen Z mocks publicly but secretly respects – VegOut

7 Boomer Habits Gen Z Publicly Mocks but Secretly Admires

August 26, 2025
Solar Power Generator Efficiency Boosted 15x by Black Metal Technology – Technology Networks

Revolutionary Black Metal Technology Supercharges Solar Power Generator Efficiency by 15 Times

August 26, 2025
What happened to college sports this summer? – The Daily Nebraskan

The Surprising Changes That Shaped College Sports This Summer

August 26, 2025

Why Your Subway System Isn’t Ready for Today’s Challenges

August 26, 2025
Considering the economic impact of the President’s law enforcement measures in DC – Federal News Network

How the President’s Law Enforcement Actions Are Shaping DC’s Economy

August 26, 2025
What Were Andy Griffith’s Last Words to Don Knotts? – Cadillac News

What Were Andy Griffith’s Final Words to Don Knotts?

August 26, 2025
Heinrich, Leger Fernández ask key U.S. health official to visit struggling Gallup Indian Medical Center – Santa Fe New Mexican

Heinrich, Leger Fernández ask key U.S. health official to visit struggling Gallup Indian Medical Center – Santa Fe New Mexican

August 26, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (791)
  • Economy (810)
  • Entertainment (21,689)
  • General (16,684)
  • Health (9,851)
  • Lifestyle (824)
  • News (22,149)
  • People (811)
  • Politics (818)
  • Science (16,021)
  • Sports (21,310)
  • Technology (15,791)
  • World (792)

Recent News

2025 Tahoe Co-Lab takes a deep dive into the ecology of the lake – University of Nevada, Reno

Unveiling the Hidden Wonders of Lake Ecology: A Deep Dive into the 2025 Tahoe Co-Lab

August 26, 2025
Vibe coding startup CEO says a computer science degree is no longer the ‘entry ticket’ to a career in tech – Business Insider

Tech Startup CEO Declares Computer Science Degrees Are No Longer the Gateway to Tech Careers

August 26, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version