g20
The finance ministers of the leading industrialized and emerging economies (G20) failed to agree on a joint final declaration at their meeting in São Paulo due to disagreements over the war in Ukraine. Instead, Brazil, which holds the presidency, published its own summary, dpa's correspondent learned from negotiating circles on Thursday. In this summary, the wars in Ukraine and Gaza are only mentioned in a footnote. The ministers addressed ongoing conflicts and humanitarian crises and emphasized Ukraine and Gaza in particular, the footnote says. However, Brazil, as the host of the G20 meeting,...
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G20 foreign ministers called for comprehensive reforms of the most important international organizations as they met in Rio de Janeiro, while war continues to rage in several parts of the world. "Everyone agreed that the most important multilateral institutions such as the UN, the World Trade Organization, the World Bank and the International Monetary Fund must be reformed in order to meet the challenges of today's world," said Brazilian Foreign Minister Mauro Vieira on Thursday at the end of the meeting. The United Nations is indispensable as an organization for peace and security, he said. H...
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German Foreign Minister Annalena Baerbock on Thursday defended the G20 developed and emerging economies against critics who consider the group outdated in light of Russia's war against Ukraine. She said the group, which represents 80% of the world's economic power and 60% of the world's population, is an important driver of reform in multilateral institutions like the United Nations. "If we want to tackle the complex challenges of the 21st century, our multilateral institutions cannot remain stuck in the past century," Baerbock said in a debate among G20 foreign ministers on international inst...
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Reforms to major international institutions are set to be at the centre of talks between the foreign ministers of the G20 developed and emerging economies on Thursday. Institutions like the UN Security Council are under fire, with critics saying they are increasingly irrelevant. Two years after the Russian attack on Ukraine, the UN Security Council is often blocked in its decisions due to Moscow's veto power. At the G20 group's meeting in Rio de Janeiro, Brazil, German Foreign Minister Annalena Baerbock said on Wednesday that the modernization of financial institutions was at the top of the G2...
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UN Emergency Relief Coordinator Martin Griffiths has called on the foreign ministers of the G20 developed and emerging economies to work towards an end to the war in the Gaza Strip. "You have the power to make a difference. Use it," appealed Griffiths in an opinion piece published on the website of Qatar-based broadcaster Al Jazeera. "Your silence and lack of action will only lead to more women and children thrown into the open graves of Gaza." Humanitarian organizations are doing everything they can to alleviate the immeasurable suffering of the Palestinian population, he said. The G20 foreig...
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German Foreign Minister Annalena Baerbock has called on the Group of 20 leading economies to press for solutions to the Ukraine and Mideast crises. "We will not make this world fairer if we do not get the acute crises under control," Baerbock said on Wednesday on the sidelines of a G20 foreign ministers' meeting in Rio de Janeiro, Brazil. Both conflicts expected to play a major role in the meeting, which comes just days before the second anniversary of Russia's full-scale invasion of Ukraine. "The effects of these two wars are hitting the poorest people the hardest around the world," Baerbock ...
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Amidst two wars on two continents, the G20 foreign ministers are meeting on Wednesday in Rio de Janeiro, with both conflicts expected to play a major role in the talks. The meeting will begin at 2 pm (1700 GMT) and comes just days before the second anniversary of Russia's full-scale invasion of Ukraine. Russia, which is a G20 member, is set to be represented by Foreign Minister Sergei Lavrov. Collectively, the G20 group of developed and emerging economies represents around 80% of the world's economic output and 60% of the world's population. Brazil currently holds the chairmanship. The Gaza wa...
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German Foreign Minister Annalena Baerbock has reminded the group of leading and emerging economic powers (G20) of Russian President Vladimir Putin's responsibility for the global consequences of the war in Ukraine. "If Putin believes that after two years the world will forget who is responsible for the war in Ukraine and its dramatic global consequences, he is mistaken," Baerbock said on Tuesday before departing for the G20 foreign ministers' meeting in Brazil. "We will never abandon the basic principles of the United Nations and will stand firmly by Ukraine - for as long as necessary and unti...
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