US President Joe Biden and other world leaders are set to visit India in September for the G20 Summit, with multiple hotels in Delhi-NCR being earmarked for attendees.
Indian Prime Minister Narendra Modi has called on the people of Delhi to help ensure the success of the upcoming G20 Summit, despite the inconvenience they may face due to the presence of world leaders in the capital.
India's G20 presidency has shaped its global future and brought the country to the forefront of the international stage, with discussions at the NDTV G20 Conclave focusing on energy transition, clean growth, digital economy, and India's rising global influence.
US President Joe Biden will discuss various global issues, including the social effects of the Russia-Ukraine war and climate change, at the G20 Summit, reaffirming the US commitment to the forum as the premier platform for economic cooperation, according to White House press secretary Karine Jean Pierre.
Indian Prime Minister Narendra Modi emphasized that the theme of India's G20 Presidency, 'Vasudhaiva Kutumbakam,' is not just a slogan but a comprehensive philosophy derived from the country's cultural ethos. He also highlighted the importance of including the African Union in the G20 and expressed his belief that India will soon be among the top three economies in the world. The G20 Summit, to be held in September, will see increased security measures with 1,500 Delhi Police personnel deployed outside the venue.
India is hosting the G20 Summit in 2023, leading to the beautification of Delhi and temporary train and flight cancellations.
Chinese President Xi Jinping is unlikely to attend the G-20 Summit in Delhi, according to reports, but US President Joe Biden expressed disappointment and stated that he will still have an opportunity to meet with Xi Jinping in November during the APEC conference in San Francisco.
Nigeria is considering joining the G20, as President Bola Tinubu attends the G20 summit in India to promote foreign investment and encourage economic reforms.
US President Joe Biden's participation in the upcoming G20 Summit in New Delhi is uncertain following First Lady Jill Biden's positive Covid-19 test, making him the third major leader to potentially miss the event.
The Indian government is taking a different approach to the G20 summit, aiming to make it a national endeavor and involve different parts of the country, according to External Affairs Minister S Jaishankar.
President Joe Biden arrives in New Delhi for the G20 Summit, aiming to counter Russian and Chinese aggression while demonstrating the US's commitment to developing countries, despite the absence of Xi Jinping and Vladimir Putin.
India is hosting the G20 summit as Prime Minister Narendra Modi seeks to establish himself as a global leader, but activist Arundhati Roy criticizes the event as a vanity event for Modi and raises concerns about the treatment of minorities in India.
President Biden aims to use the G20 summit as an opportunity to strengthen the U.S.'s position as the leader of the global system, boost funding for the World Bank, and counterbalance China's Belt and Road Initiative; meanwhile, a potential strike looms for General Motors and Ford, and the Federal Reserve plans to maintain interest rates while addressing inflation concerns.
Global leaders at the G-20 summit will issue a warning about the state of the global economy, noting the impact of multiple crises and the likelihood of a downturn.
The 18th G20 Summit, hosted by India, will focus on the theme of 'One Earth' and aims to accelerate climate action and achieve net-zero emissions, with over 30 heads of state and international organizations in attendance.
UK Prime Minister Rishi Sunak praises India's role as host for the G20 Summit, emphasizes the need for a comprehensive trade deal with India, condemns pro-Khalistan extremism, and affirms cooperation with India to counter such extremism.
President Biden aims to rally support for Ukraine and promote American investment in the developing world at the G20 summit in India, presenting new plans for a transit corridor connecting partner nations and unveiling World Bank reforms, challenging China's global trade expansion and providing a better option for emerging economies.
The Group of 20 (G20) is an international organization that aims to unite world leaders around shared economic, political, and health challenges, with its members representing more than 80 percent of the world's economic output. The annual G20 summit brings together finance ministers and heads of state to discuss and address key issues, often culminating in a joint statement of collective action.
Prime Minister Narendra Modi urged world leaders at the G20 Summit to overcome the "trust deficit" caused by war and emphasized the importance of finding new solutions to global challenges during his opening address. Additionally, he announced that the African Union has been granted permanent membership in the G20.
The G20 reached a consensus and adopted the New Delhi Leaders Summit Declaration, which called for upholding international law, peaceful conflict resolution, and diplomacy.
The G20 summit is set to feature strongmen leaders with human rights concerns, such as Mohammed bin Salman and Recep Tayyip Erdoğan, reflecting a recognition that involving these countries is necessary for addressing issues like the Ukraine war and achieving consensus on global agreements.
Global leaders have announced a multinational rail and ports deal at the G20 summit in New Delhi, aiming to connect the Middle East and South Asia and provide an alternative to China's Belt and Road initiative.
India's G20 presidency has been hailed as highly ambitious, achieving 112 outcomes and presidency documents and addressing key global issues such as sustainable development goals, climate action, and women-led development, while receiving exceptional support from developing nations and emerging markets.
US President Joe Biden stated that the G20 Summit demonstrated the ability to address urgent global issues, including the climate crisis and economic stability, through collaborative solutions.
The International Monetary Fund's deputy director, Gita Gopinath, congratulates Prime Minister Narendra Modi on successfully hosting the G20 Summit in India, with the leaders discussing various crucial developments and signing a Memorandum of Understanding for the India-Middle East-Europe Economic Corridor.
The G20 summit in New Delhi concludes with Russia and the US praising a consensus declaration that avoids directly criticizing Russia for the war in Ukraine, but highlights the human suffering caused by the conflict and calls on all states not to use force to grab territory.
The G20 summit in New Delhi showcased India's growing economic and geopolitical influence, but also highlighted concerns about the country's Hindu nationalist government and its approach to press freedom as journalists were largely restricted from covering the event.
Leaders of the G20 summit in India overcame divisions on the Ukraine war and admitted the African Union to the bloc, while also announcing plans for a transport corridor and incremental progress on climate change.
The G20 Summit hosted by India was regarded as a success for the Modi government, and US President Joe Biden emphasized the importance of human rights and the role of civil society and a free press in his discussions with Prime Minister Narendra Modi. Biden also expressed the desire for a stable relationship with China and praised Modi's leadership and hospitality.
The World Bank is seeking funding from the private sector to expand its lending capacity and address global challenges such as pandemics, climate change, and food insecurity, according to its president Ajay Banga; U.S. President Joe Biden has called on G20 leaders to support the World Bank in order to increase its ability to assist low and middle-income countries.
The G20 summit in New Delhi saw the admission of the African Union, the launch of the India-Middle East-Europe Economic Corridor, and an absence of Xi Jinping and Vladimir Putin, signaling shifts in the international order and a move towards more inclusive organizations; however, Pakistan must address its internal issues to participate in these global trade networks and have its voice heard on issues like Kashmir.
U.S. Treasury Secretary Janet Yellen believes the U.S. economy is on a path of sustainable growth and can withstand near-term risks, including a potential government shutdown, a United Auto Workers strike, student loan repayments, and spillovers from China's economic challenges. Yellen emphasized the importance of addressing these headwinds while maintaining a strong labor market and consumer spending. She also expressed the Biden administration's intention to de-risk supply chains that overly depend on China without seeking to decouple entirely from the Chinese economy.
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