South American nation has become a significant contributor to world crude supply
Last year, then-presidential candidate Javier Milei declared Argentina would not "make deals with communists" in China or Brazil, calling their leaders "murderers" and "thieves" in a bid to channel the populist energies of Donald Trump and other global far-right icons into a winning political message. But on Tuesday, President Milei found himself at the Group of 20 Summit in Rio de Janeiro shaking hands with Chinese President Xi Jinping and vowing to boost trade with the Asian powerhouse, a day after his economy minister signed a preliminary agreement to export Argentine natural gas to Brazil. Milei even acquiesced to a joint declaration endorsed by world leaders late on Monday despite his earlier attempts to play spoiler to the G20 host, Brazil's left-wing President Luiz Inacio "Lula" da Silva who was once called by Milei a "corrupt communist". The final moments of the high-profile summit on Tuesday revealed Milei's more pragmatic streak, coming as a surprise after the irascible ..
They noted the progress in the recent disengagement in Ladakh and exchanged views on the next steps in bilateral ties
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Discussions of trade, climate change and international security will run up against sharp US policy changes that Trump vows
Indian diaspora is delighted to see their leaders and have prepared various cultural performances like Garba to welcome the PM
Prime Minister Narendra Modi on Saturday said he is looking forward to "meaningful" discussions at the upcoming G20 summit in Brazil that built upon its agenda for the grouping on India's presidency of the bloc last year. Modi made the comments in a statement ahead of his five day visit to Nigeria, Brazil and Guyana. The prime minister's first destination will be Nigeria from where he will travel to Brazil. "In Brazil, I will attend the 19th G-20 Summit as a troika member. Last year, India's successful presidency elevated the G-20 to people's G-20 and mainstreamed the priorities of the Global South into its agenda," the prime minister said. Modi, Chinese President Xi Jinping and US President Joe Biden will be among the leaders to attend the summit in Rio de Janeiro on November 18 and 19. India is part of the G20 troika along with Brazil and South Africa. "This year, Brazil has built upon India's legacy. I look forward to meaningful discussions in keeping with our vision of 'One E
Misri added that the key priorities of Brazilian presidency are hunger and poverty, the same as India's concerns during its presidency
Welcoming the delegation, Jaishankar appreciated unique initiatives centered on the theme of building a 'just world' and a 'sustainable planet'
Finance ministers from leading rich and developing nations agreed Friday to strive toward effectively taxing the super-rich, a joint ministerial declaration said. With full respect to tax sovereignty, we will seek to engage cooperatively to ensure that ultra-high-net-worth individuals are effectively taxed, the declaration said after the two-day meeting in Rio de Janeiro. Brazil has made a proposal to impose a 2% minimum tax on billionaires a top priority of its presidency of the Group of 20, ahead of the Nov. 18-19 summit in Rio. While the final declaration stops short of agreeing on a specific global tax, Brazilian Finance Minister Fernando Haddad nevertheless called it a significant step forward. We were always optimistic about this result, but it really exceeded our initial expectations, Haddad told reporters. Brazil's proposal to tax billionaires has divided G20 nations. France, Spain and South Africa have expressed support, while the U.S. is against. Tax policy is very diff
The declaration, which will be published on Friday, was a priority for Brazil, chairing talks of the G20 this year
Canada in July became the eighth country to impose a unilateral digital services tax
If closing out the G20 Summit was the most satisfying moment of his career, the most significant was being associated with "enormous changes in some crucial relationships" such as the US, Australia, UAE and Japan during the last five years, Foreign Minister S Jaishankar says. "These relationships have really changed tremendously in the last five years, last decade. And, the growth of the Quad, again that is something that we tried a decade and a half ago, not succeeded, did it a second time. This time it actually, really worked," Jaishankar told PTI in an exclusive interview at the news agency's headquarters. Jaishankar spoke on a range of issues in the nearly hour-long interview including his view of the world in 10 years from now, the challenges faced by India, and the rising profile of the country in the international arena under his watch. Hosting the G20 Summit last year "wasn't just the hard work", because in many ways the "prestige of the country" was riding on it, he said.
During the annual Spring meetings of the IMF and the World Bank there was a widespread appreciation of the role played by India during its G-20 presidency in building consensus on a range of key global issues, a top Indian official has said. India hosted the G20 Summit in New Delhi from September 9-10. The summit adopted a 37-page consensus declaration overcoming major differences on the Russia-Ukraine war and took several steps to ensure the stability of the global economy. There is a widespread appreciation of Indian presidency of the G-20 in building consensus on several issues, relevant for global deployment, conducted of various meetings during the presidency as well as the leaders' summit, Ajay Seth, Economic Affairs Secretary told PTI on Friday on the sidelines of the annual sprint meetings of the International Monetary Fund and the World Bank. Due to the ongoing Lok Sabha election, Union Finance Minister Nirmala Sitharaman is not attending the annual IMF and World Bank ...
IMF chief Kristalina Georgieva has signaled that the fund will also slightly raise its forecast, to be released Tuesday, from the current 3.1 per cent
"Risks to the global economic outlook are more balanced," with faster-than-expected disinflation and more growth-friendly fiscal consolidation underpinning growth, the draft said
"Honored to represent India at G20 Foreign Ministers' Meeting in Rio. During my intervention at a session on 'G20's role in dealing with ongoing international tensions'," Muraleedharan posted on X.
India emerged as a "friend" and "consensus builder" in the world following its successful G20 presidency, External Affairs Minister S Jaishankar said on Friday, describing it as a "notable period" in the country's diplomatic history. In an address at a book-launch ceremony, Jaishankar especially referred to New Delhi managing to produce a leaders' declaration at the G20 Summit in September last year, overcoming divisions over the Ukraine conflict. "We had a particularly exciting last 48 hours before we came to that consensus," he said in an oblique reference to the hectic negotiations that went on to bridge the differences over the text to describe the Ukraine conflict in the declaration. Jaishankar was speaking at the launch of a book titled "India and the Future of G20: Shaping Policies for a Better World". The event was organised by the National University of Singapore's Institute of South Asian Studies. "From an Indian perspective, the G20 for us was a test of our ability to ..
With the end of another year, we take a look at the biggest headlines and stories from Indian politics that defined 2023
As MoS Muraleedharan shared details of the expenses, he dismissed the claims made by Shiv Sena MP Sanjay Raut who had said that govt spent more than Rs 4,000 crore on the summit