#g20 nations

[worldcurrentaffairs]

African Union's Formal Entry into G20: Prime Minister Modi's Emphasis on 'Trust and Reliance'

In a significant development that underscores the shifting global dynamics, the African Union has gained formal entry into the G20, a group of major economies that collectively shape the world's economic policies and decisions. This momentous event is a testament to the increasing importance of Africa on the global stage and Prime Minister Modi's unwavering emphasis on 'Trust and Reliance' in international diplomacy.

The African Union's Historic Achievement

Embracing Africa's Economic Potential

The formal inclusion of the African Union into the G20 is a recognition of the continent's economic potential. With a burgeoning population and vast untapped resources, Africa has become a crucial player in the global economy.

Prime Minister Modi's Diplomatic Vision

Prime Minister Modi's diplomatic vision has played a pivotal role in making this inclusion possible. His emphasis on fostering trust and reliance between nations has resonated with African leaders and the international community.

The Significance of the G20

A Forum for Global Economic Cooperation

The G20 serves as a platform for major economies to come together and address critical global economic issues. It encompasses a diverse group of nations, including the United States, China, and India, and now, with the African Union's entry, African nations will have a stronger voice in shaping the global economic landscape.

Promoting Inclusivity

The inclusion of the African Union aligns with the G20's commitment to inclusivity and collaboration. It acknowledges that solutions to global challenges must include perspectives from all regions, especially those with emerging economies.

Trust and Reliance: The Cornerstones of Modi's Diplomacy

Building Bridges through Trust

Prime Minister Modi's diplomacy has consistently emphasized building trust among nations. In the case of Africa, this trust has grown through economic partnerships, development assistance, and mutual cooperation.

Reliance on Shared Goals

Reliance in diplomacy refers to countries depending on each other to achieve common goals. India's reliance on African nations for resources, trade, and collaboration has been reciprocated, further strengthening the diplomatic ties.

The Future of Africa-G20 Relations

Economic Growth

The African Union's entry into the G20 is expected to spur economic growth in the region. Increased collaboration with major economies can lead to investments in infrastructure, technology transfer, and enhanced trade opportunities.

Addressing Global Challenges

Together, the G20 and African Union can work towards addressing pressing global challenges, such as climate change, healthcare, and poverty alleviation. This partnership has the potential to create lasting solutions for a better world.

Conclusion

The African Union's formal entry into the G20 marks a historic moment in international diplomacy. It signifies the recognition of Africa's economic potential and Prime Minister Modi's commitment to fostering trust and reliance among nations. As Africa takes its seat at the table of global economic decision-makers, we can anticipate a future of increased cooperation, economic growth, and collective action to tackle global challenges.

[surya-kulshreshtha]

#china released the 2023 edition of its territorial map as per its imagination, claiming Indian territories such as #arunachalpradesh and parts of #ladakh (Aksai Chin region) as its own. Apart from Indian territories, China also included #taiwan and the contentious 9-dash line in the #southchinasea

Notably, the map was released when India is all set to host the #G20 Summit on 9th September and 10th September. China is one of the G20 countries. Chinese President #xijinping is set to visit Delhi for the G20 Summit.

[allthebrazilianpolitics]

Lula meets Guterres and urges G20 Social at future summits

Following a meeting with United Nations Secretary-General António Guterres on Saturday morning, President Luiz Inácio Lula da Silva announced his proposal for the future inclusion of a G20 Social summit alongside the main G20 event. This meeting marked Lula's first bilateral discussion as he prepares for the principal summit set to take place next week in Rio.

Preceding the G20 summit: Brazil is concerned that Milei might pose challenges at the G20 summit and, after meeting with Trump, may extend gestures towards Bolsonaro.

"I informed the UN Secretary-General, @antonioguterres, that we will engage with the upcoming hosts of @g20org to adopt the practice of holding a G20 Social, listening to the demands of social movements and civil society," Lula posted on Instagram following his meeting with Guterres.

In a video on his X profile, Lula mentioned inviting South African President Cyril Ramaphosa to participate in the closing ceremony of the social summit to "encourage him to host a G20 Social" next year. South Africa is slated to host the next summit, and according to Minister Márcio Macedo, who heads Brazil's General Secretariat of the Presidency, the country has already shown interest in maintaining the event.

Continue reading.

[petegans]

2024 BMW M340i

[trendynewsnow]

Funding Climate Initiatives: Who Should Pay?

Who Should Bear the Climate Finance Burden? The debate over who should finance climate initiatives—from loss and damage funds to new funding targets—has become a persistent issue at recent COPs. Experts assert that developing nations require at least $1 trillion (€948 billion) by 2030. A new climate finance goal, known as the new collective quantified goal (NCQG), is at stake in Baku. Rich…

[todayworldnews2k21]

PM Modi arrives in Brazil to attend G20 Summit

Rio de Janeiro: Prime Minister Narendra Modi arrived in Brazil on Monday on the second leg of his three-nation visit, during which he will attend the G20 Summit. Modi arrived in the South American country after wrapping up a “productive” visit to Nigeria, where he held bilateral talks with President Bola Ahmed Tinubu and interacted with the Indian community. Announcing Modi’s arrival in Brazil,…

[deefeeme]

Booking.com pone el señalador sobre 5 librerías del mundo por el Día del Amante de los Libros

Booking.com pone el señalador sobre 5 librerías del mundo por el Día del Amante de los Libros Booking.com destaca 5 librerías del mundo para celebrar el Día de los Amantes del Libro, desde Buenos Aires hasta Nankín.

Booking.com destaca 5 librerías del mundo para celebrar el Día de los Amantes del Libro, desde Buenos Aires hasta Nankín. El 9 de agosto se celebra el Día de los Amantes del Libro, una fecha que invita a los lectores a sumergirse en el fascinante mundo de la literatura. En este contexto, Booking.com, la plataforma de reservas de alojamientos y experiencias, ha decidido destacar cinco librerías…

[jujuygrafico]

Booking.com pone el señalador sobre 5 librerías del mundo por el Día del Amante de los Libros

Booking.com pone el señalador sobre 5 librerías del mundo por el Día del Amante de los Libros Booking.com destaca 5 librerías del mundo para celebrar el Día de los Amantes del Libro, desde Buenos Aires hasta Nankín.

Booking.com destaca 5 librerías del mundo para celebrar el Día de los Amantes del Libro, desde Buenos Aires hasta Nankín. El 9 de agosto se celebra el Día de los Amantes del Libro, una fecha que invita a los lectores a sumergirse en el fascinante mundo de la literatura. En este contexto, Booking.com, la plataforma de reservas de alojamientos y experiencias, ha decidido destacar cinco librerías…

[elcorreografico]

Booking.com pone el señalador sobre 5 librerías del mundo por el Día del Amante de los Libros

Booking.com pone el señalador sobre 5 librerías del mundo por el Día del Amante de los Libros Booking.com destaca 5 librerías del mundo para celebrar el Día de los Amantes del Libro, desde Buenos Aires hasta Nankín.

Booking.com destaca 5 librerías del mundo para celebrar el Día de los Amantes del Libro, desde Buenos Aires hasta Nankín. El 9 de agosto se celebra el Día de los Amantes del Libro, una fecha que invita a los lectores a sumergirse en el fascinante mundo de la literatura. En este contexto, Booking.com, la plataforma de reservas de alojamientos y experiencias, ha decidido destacar cinco librerías…

[head-post]

West depleting Global South’s wealth through huge wage inequality, says study

The developed markets of the West are depriving the Global South of wealth due to huge differences in nominal wages, bne IntelliNews reports citing a new study published in Nature Communications.

The author of the study, Professor Jason Hickel from L’Institut de Ciència i Tecnologia Ambientals (ICTA-UAB) and visiting senior fellow at LSE, states:

First, a crucial point: workers in the global South contribute 90% of the labour that powers the world economy, and 91% of labour for international trade. The South provides the majority of the world’s labour in all sectors (including 93% of global manufacturing labour).

He then concludes that wages in the South are 87-95% lower than in the North for work of equal proficiency.

The North-South wage gap widened sharply between 1995 and 2021 across all skill categories and sectors. Southern wages are 87-95% lower than Northern wages for equal-skilled jobs as of 2021, and 83-98% lower for equal-skilled jobs in the same sector, according to the study.

Economists tried to account for the difference in nominal wages by comparing what goods can be bought with the average wage packet, rather than simply exchanging them for dollars and comparing dollar incomes.

In this respect, China is now the largest economy in the world, while Russia has recently overtaken Japan to become the fourth largest economy based on PPP (purchase power parity). Similarly, Russia and Mexico have just displaced the UK from the top ten global manufacturing powers, rising to eighth and seventh place respectively.

Read more HERE

[nepalenergyforum]

India's G20 Leadership Ushers in a New Era of Inclusive and Action-Oriented Multilateralism

Today marks 365 days since India assumed the G20 Presidency. It is a moment to reflect, recommit, and rejuvenate the spirit of ‘Vasudhaiva Kutumbakam, ‘One Earth, One Family, One Future.’ As we undertook this responsibility last year, the global landscape grappled with multifaceted challenges: recovery from the COVID-19 pandemic, looming climate threats, financial instability, and debt distress…

[apacnewsnetwork0]

Leveraging AI to achieve Sustainable Development Goals, G20 Leaders Reach Agreement with a Caution

New Delhi: Responsible AI for SDGs. 

The power of Artificial Intelligence (AI) will be harnessed to its full potential to achieve Sustainable Development Goals (SDGs) defined by United Nations (UN). But with a caution. AI must be leveraged responsibly. This has been stated in the joint declaration of G20 Leaders held recently in New Delhi in which India was managing the presidency. 

Stressing on the importance of AI for digital economy world over, the declaration states, “The rapid progress of AI promises prosperity and expansion of the global digital economy. It is our endeavour to leverage AI for the public good by solving challenges in a responsible, inclusive and human-centric manner, while protecting people’s rights and safety. To ensure responsible AI development, deployment and use, the protection of human rights, transparency and explain ability, fairness, accountability, regulation, safety, appropriate human oversight, ethics, biases, privacy, and data protection must be addressed.”

Then the declaration goes on to outline the path to ensure unlocking the full potential of AI with international cooperation through:

“Commitment to G20 AI Principles (2019) and endeavour to share information on approaches to using AI to support solutions in the digital economy.

Pursuing a pro-innovation regulatory/governance approach that maximizes the benefits and taking into account the risks associated with the use of AI.

Promoting responsible AI for achieving SDGs.”

The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, provides a shared blueprint for peace and prosperity for people and the planet, now and into the future. At its heart are the 17 Sustainable Development Goals (SDGs), which are an urgent call for action by all countries - developed and developing - in a global partnership. They recognize that ending poverty and other deprivations must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth – all while tackling climate change and working to preserve our oceans and forests. 

It is good sign for the planet the world leaders reach agreement to attain SDG 17 by harnessing the power of technology innovation.

Click here : https://apacnewsnetwork.com/2023/09/leveraging-ai-to-achieve-sustainable-development-goals-g20-leaders-reach-agreement-with-a-caution/

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[allthebrazilianpolitics]

UN reform: one of Brazil's priorities at G20 meeting

This issue will be handled at the meeting of foreign ministers in Rio

During a press conference on Tuesday (Feb. 20), Mauricio Carvalho Lyrio, Brazil's G20 Sherpa and Secretary for Economic and Financial Affairs at the Ministry of Foreign Affairs, emphasized the urgent need to restructure global governance and ensure the availability of peace-building mechanisms.

"We are putting out fires. With 183 conflicts ongoing worldwide, the humanitarian rights situation has reached a catastrophic level, requiring structural action," stated the ambassador. "Our goal is to achieve a meaningful reform of the UN, transforming it into an effective instrument for conflict prevention."

"Some countries advocate for reforming the Security Council, while others propose empowering the General Assembly or strengthening the Economic and Social Council. Brazil has consistently supported comprehensive reform. The UN must become more representative and responsive to contemporary needs," he added.

Continue reading.

[werindialive]

Shashi Tharoor shares his thoughts on the G20 outcome, says it ‘definitely a diplomatic triumph for India’

Shashi Tharoor, known for his expertise in foreign policy and diplomacy admits that the outcome of the G20 Summit is indeed a diplomatic triumph for India. The former chairperson of the Parliamentary Committee on External Affairs and former UN under-secretary-general talks in length about The G20 summit, India’s presidency, and the development that puzzled him the most.

Sharing his thoughts about the G20 Summit and its outcome, Tharoor says, “The outcome is undoubtedly a diplomatic triumph for India because until the leaders arrived in Delhi, there was considerable doubt as to whether there would even be a joint communique. The differences between those who wanted a condemnation of the Russian war in Ukraine and those who wanted to avoid all mention of that conflict seemed impossible to bridge. Still, the government has managed a very adroit diplomatic maneuver in pulling off a successful formula that had seemed elusive for the last nine months. That is very much to India’s credit and can be classified as a success.”

In an exclusive interview with a leading media house, Tharoor said, "I'm in touch with both Amitabh Kant, the G20 Sherpa, and with our foreign minister (S Jaishankar). I would congratulate them because what they have done is certainly very, very good for India. It is not easy to pull off a diplomatic negotiation like this,"

"They both seem to have put in a lot of hard effort, and I think one should give credit where credit is due," he added.

Tharoor also talked about the Sherpa negotiations and how it appeared to be a difficult task to reach to consensus. "As for the achievement of actually squaring the circle, which was an almost impossible task as far as Ukraine is concerned, it's really very impressive. For nine months, it seemed very difficult to achieve. So, it really was an extremely effective achievement to pull this off."

"I will not hesitate to compliment those who were led by Amitabh Kant and S Jaishankar, who worked hard to make this work. It is very impressive what they have achieved,” the Congress leader said.

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[faultfalha]

Arriving at sun-soaked African plains, Sunil Mittal envisioned a new destiny for the continent. It was not only a new agricultural hub, but a place that could alter entire food ecosystems. Mittal's dreams of a brighter future spread like wild fire as African farmers eagerly raced forward to take up the challenge. But even the most intrepid of Mittal's followers could not have imagined the ripple effects that would occur. For, in a way, the continent had been adopted, changed forever. The old systems of food production and distribution were now beginning to be replaced by a strange new order. Every day, the landscape shifted, drawing nearer to a future that no one could yet predict.