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G20i

The Group of 20, or G20 as it is more commonly known, is an annual meeting of leaders from 19 major nations plus the European Union.

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  • Climate activists say increasing renewable energy is likely to push fossil fuel producers to expand their markets under the pretext of energy security
  • Targeting more renewable energy without limiting fossil fuel production is likely to slow the clean energy transition, a goal of many fossil fuel producers

Addressing G20 leaders for the first time since the start of the war, the Russian president said Moscow had never refused peace talks with Kyiv.

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The president did not travel to the last two G20 meetings, hosted by India in September and Indonesia last year, sending Sergey Lavrov, foreign minister, in his place.

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In Asia, just Singapore and Hong Kong have regulated cryptocurrency markets but scandals, collapses of crypto exchanges continue to test investors’ faith.

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US Commerce Department says the businesses support Russia’s military by supplying microelectronics that can be used for missile and drone guidance systems.

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At the first high-level talks between China and Germany in four years, both sides agree to update a financial cooperation agreement, but trade appears sidelined.

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The US ambassador to Canada says intelligence gained by the Five Eyes network led to Justin Trudeau’s linking of New Delhi to Hardeep Singh Nijjar’s assassination.

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More than 500 protests were planned around the world and a turnout of more than a million people is expected during Climate Week when world leaders will meet at a United Nations gathering in New York.

Delhi can be a ‘leading voice for the Global South’ and a ‘counterweight’ to players like Russia, China and the US, analysts say, giving it ‘diplomatic heft’.

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Signatories hope ambitious plans to create a modern-day Spice Route with the India-Middle East-Europe economic corridor can offer a counterbalance to lavish Chinese infrastructure spending.

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The US State Department said it expected China’s foreign minister and the US secretary of state to meet at next week’s UN General Assembly or after.

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The G20 declaration on renewable energy does not contain firm steps required to reduce fossil fuel production and help developing countries cope with climate change, analysts say.

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Li meets European Council President Charles Michel on sidelines of G20, telling him Beijing will work to strengthen dialogue and properly handle sensitive issues, says state media.

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The US president said that he met Chinese Premier Li Qiang at the G20 summit and does not want to contain Beijing – ‘I want to make sure we have a relationship that is on the up and up’.

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Prime Minister Rishi Sunak ‘conveyed significant concerns about Chinese interference in UK democracy’ during meeting with Premier Li Qiang.

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Moscow said ‘everything was reflected in balanced form’ while Washington said the resolution - criticised by Ukraine - ‘does a very good job of standing up for the principle that states cannot use force to seek territorial acquisition’.

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