US EditionU.S. eyes 'back to basics' revamp of G20 when it assumes presidency next year
WASHINGTON, UNITED STATES, JUL 18 – The U.S. plans to streamline the G-20 to focus on financial stability, cutting non-financial meetings as part of a broader push to reduce the group's expanding agenda.
9 Articles
9 Articles
US eyes 'back to basics' revamp of G20 when it assumes presidency next year
The US aims to pare the Group of 20 major economies back to its financial roots next year when it takes over the rotating presidency from South Africa, sources familiar with the Trump administration's plans said.
US eyes ‘back to basics’ revamp of G-20 when it assumes presidency next year
WASHINGTON - The United States aims to pare the Group of 20 major economies back to its financial roots next year when it takes over the rotating presidency from South Africa, sources familiar with the Trump administration's plans said. Read more at straitstimes.com.
Importance of G20 is a little bit diminished, Pictet Research Head Says
"It's no surprise that the time of intense negotiations around trade deals with the rest of the world, the US would not want to be part of this gathering," says Maria Vassalou, Head of Pictet Research Institute at Pictet Group on absence of US Treasury Secretary Scott Bessent from the G20 meeting in South Africa. She adds: "What we are seeing is the emergence of a bipolar world where on one side you have the US and the G7, and on the other side …
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