G20 nations including UK agree to raise IMF funds March 2, 2021 The G20 agrees to inflate IMF funds as a gesture to poorer countries to help them recover from pandemic.
G20 agrees new debt restructuring framework in wake of pandemic November 13, 2020 G20 finance ministers have for the first time agreed a new common framework for restructuring government debt, amid concerns poorer countries will need unprecedented debt relief packages in the wake of the coronavirus crisis. Major creditors including China are expected to follow the fresh guidelines, which set out legislation to reduce or reschedule debt deemed [...]
Coronavirus: G20 economies freeze debts for world’s poorest countries April 15, 2020 The G20 group of the world’s biggest economies has agreed to suspend the debt repayment plans of the world’s poorest countries to free up funding so they can tackle the coronavirus pandemic. The decision, which will last from 1 May until the end of this year, will allow 77 of the world’s poorest nations to [...]
FTSE 100 reaches two-month high as US-China trade war enters truce July 1, 2019 The FTSE 100 soared to a two-month high as European stocks rallied as G20 summit talks between President Donald Trump and Chinese premier Xi Jinping appeared to offer signs of progress. Trump said negotiations to end the economic dispute are “right back on track” after pledging to pause any new tariffs on Chinese goods in [...]
Theresa May tells Vladmir Putin there can be no repeat of Salisbury attack in face-to-face meeting June 28, 2019 Theresa May has told Russian President Vladmir Putin that there can be no repeat of the “truly despicable act that led to the death of British citizen, Dawn Sturgess”. During a meeting that lasted one hour and 20 minutes, May condemned the Salisbury attack, which she said the UK had “irrefutable evidence that Russia was [...]
Theresa May demands Salisbury poisoning suspects face justice ahead of Vladmir Putin talks June 28, 2019 Theresa May has called for the suspects in the Salisbury Novichok attack to be “brought to justice” ahead of a meeting with Vladmir Putin at the G20 summit today. UK authorities suspect two people from Russia’s intelligence service, GRU, were responsible for the poisoning of former spy Sergei Skripal and his daughter Yulia last year. Read [...]
Britain and India are moving towards a bright new future January 28, 2019 The UK’s position on the world stage is about to change forever, but it’s not because of Brexit. In fact, it’s due to a bigger macroeconomic and geopolitical shift: the march of a country that is likely to become one of the world’s future superpowers. A nation with a huge population, an outstanding growth rate, [...]
Stop being defeatist, Britain is still a geopolitical powerhouse January 10, 2019 Over the past few years, the drumbeat of British declinism has grown steadily louder. Last year, former Prime Minister Sir John Major claimed that the UK was going to become a “middle-sized, middle-ranking nation”, while Sir Simon McDonald, the head of the diplomatic service, described the country as “medium-sized”. True, the declinist rumble has haunted the [...]
Trump strikes upbeat tone on talks with China ahead of crucial trade summit January 6, 2019 President Donald Trump reiterated his confidence in striking a trade deal with China this evening after insisting that weaknesses in Beijing’s economy gave the country incentives to work with the US. Ahead of crunch talks between US and Chinese trade representatives in Beijing later this week, Trump said: “I think China wants to get it resolved. [...]
Japan confirms it will quit international agreement to resume commercial whaling December 26, 2018 Japan has sparked international criticism by announcing it will resume commercial whaling in July, after decades of trying to persuade governing body the International Whaling Commission (IWC) to allow it to do so. The government – which usually stresses multilateralism in diplomacy – said on Tuesday it would pull out of the commission so it could restart [...]