Tuesday, 28 June 2022

 

 

LATEST NEWS Sports Council observes drug deaddiction day across J&K International Day against Drug Abuse and Illicit Trafficking celebrated with enthusiasm in Ganderbal Series of events held to observe International Day Against Drug Abuse & Illicit Trafficking at Bandipora Awareness Programme under Nasha Mukht Bharat Abhiyan held at Shopian District Administration Kulgam, DSWD observes International Day against Drug Abuse and Illicit Trafficking District Administration Kupwara organizes mass awareness programmes to stop Drug Abuse and Illicit Trafficking International Day against Drug Abuse celebrated at Anantnag Advisor Rajeev Rai Bhatnagar visits Chandanwari, Nunwan base camps at Pahalgam Singer Hassrat releases his new song 'Humdum Humnava' Mamata Banerjee slams Centre over ED notice to Sanjay Raut Neeharika Roy : 'Pyar Ka Pehla Naam' is also a love story but with a unique flavour Film on Padma Shri Kaur Singh’s life finally gets a release date; to be out on July 22 NE region has 6 agro-climatic zones to grow variety of crops : Narendra Singh Tomar Arsenal sign USA goalkeeper Matt Turner from New England Revolution Maharashtra crisis: Rebels rejoice, hectic politicking in BJP Where is Elon Musk as America faces biggest issues of its times Forthcoming Amritsar schedule for filming of Ram Charan-Shankar Shanmugam's 'RC15' Stablecoins not stable, have 'no role' as money, warns top banker Priyanka Chopra speaks up against US abortion ruling, reposts Michelle Obama's statement 2 terrorists killed in gunfight in J&K's Kulgam Shoorveer Trailer: The Upcoming Series Brings Navy, Army & Air Force Together In Order To Serve The Nation

 

G20 members discuss economy, trade in Osaka Summit

Web Admin

Web Admin

5 Dariya News

Tokyo , 28 Jun 2019

Leaders from the Group of 20 major economies weighed the risk of a slowing global economy on Friday amid growing trade and geopolitical tensions as a two-day summit began in Osaka under Japan's presidency.As an escalating US-China trade war looms large, eyes are on whether the G-20 nations -- accounting for about 80 per cent of the world's economy -- can agree on the importance of free trade and the rules-based multilateral trading system that has benefited economic growth, reports Kyodo News Agency."Trade and geopolitical tensions are intensifying," Prime Minister Shinzo Abe told other G-20 leaders at the day's session, cautioning that the global economy is facing downside risks."I want the G-20 to share a determination to realize growth by employing all policy tools," Abe said. "We should send out a strong message."Abe said he was "deeply concerned" about the current global trade situation, saying restrictive measures will not benefit any country, in an apparent reference to tit-for-tat tariff hikes between the US and China.Abe faces the tough task of projecting a united G-20 front despite apparent disagreements particularly over contentious issues such as trade and climate change.

At the summit that will also address environmental issues, the G-20 leaders are expected to agree to end the dumping of plastic waste in the world's oceans by 2050, Kyodo News quoted informed sources as saying on Friday. The goal will likely be included in a post-meeting joint statement.Bilateral talks scheduled for Saturday between US President Donald Trump and his Chinese counterpart Xi Jinping have already gripped the G-20, as the tariff battle between the world's two largest economies has threatened to darken the economic outlook given the integrated nature of global supply chains.The global economy has been feeling the pain from the US-China trade friction that was initiated by Washington.The recently announced tariffs between the two countries, combined with those implemented in 2018, could reduce global gross domestic product (GDP) by 0.5 per cent in 2020, resulting in a loss of about $455 billion, according to the International Monetary Fund.Established in 1999, the G20 is a central forum for international cooperation on financial and economic issues. It comprises 19 countries plus the European Union (EU).The member nations are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, Britain and the US. 

 

Tags: Xi Jinping

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD