G20

The Future of the Planet and the Irresponsibility of Governments

Less than a week after everybody celebrated the historical agreement on Nov. 17 between the United States and China on reduction of CO2 emissions, a very cold shower has come from India.

G20 Seeks to Streamline Private Investment in Infrastructure

Industrialised countries have agreed to collaborate on a new programme aimed at funnelling significant private-sector investment into global infrastructure projects, particularly in developing countries.

U.N. Chief Eyes Upcoming Summits to Resolve Development Crisis

The continued widespread economic recession - aggravated by the recent Ebola outbreak in West Africa - is threatening to undermine the U.N.'s highly-touted post-2015 development agenda.

International Reform Activists Dissatisfied by BRICS Bank

The creation of BRICS’ (Brazil, Russia, India, China and South Africa) own financial institutions was “a disappointment” for activists from the five countries, meeting in this northeastern Brazilian city after the group’s leaders concluded their sixth annual summit here.

IMF Issues “Revolutionary” Warning on Corporate Tax Avoidance

The staff at the International Monetary Fund (IMF) has issued an unusually stark warning over the lack of harmonised global tax policies, pointing out that these gaps are allowing for widespread tax gaming by corporations with particularly negative impacts for developing countries.

U.S. Blasted on Failure to Ratify IMF Reforms

While Republicans complain relentlessly about U.S. President Barack Obama’s alleged failure to exert global leadership on geo-political issues like Syria and Ukraine, they are clearly undermining Washington’s leadership of the world economy.

Russia Expelled From G8, but G20? Not So Fast

When Western powers, led by the United States, decided to throw Russia out of the Group of 8 (G8) industrial nations, it was aimed at punishing and "isolating" President Vladimir Putin for his intervention in Ukraine and "annexation" of Crimea.

G20 Urges U.S. Action on IMF Reforms by April

The Group of 20 (G20) industrialised and emerging economies on Sunday formally expressed frustration with the ongoing inability of the United States to approve a major reform package that would see governance at the International Monetary Fund (IMF) shift more towards developing countries.

Illicit Capital Leaving Developing Countries Up by 14 Percent

Developing countries are likely losing more than a trillion dollars a year in "illicit financial flows" stemming from crime and corruption, according to new estimates. This fast-rising figure is already 10 times the total amount of foreign aid these countries are receiving.

The Emerging Economies and the G20 Summit at St. Petersburg

The eighth G20 Summit convened in St. Petersburg on Sept. 5-6, 2013 was dominated by the Syrian crisis, deflecting attention from the mandate of the gathering to serve as the premier forum for international economic coordination.

Russia Throws Obama a Life Preserver on Syria

With President Barack Obama facing increasingly certain defeat in his quest for Congressional authorisation to carry out military strikes against Syria, the Russian government Monday appeared to offer the White House a way out of the crisis.

Obama Increasingly Isolated on Syria Military Action

With a week of intense lobbying behind him, U.S. President Barack Obama looks increasingly beleaguered - both at home and abroad - in his effort to rally support for a military strike against Syria to punish its government for its alleged Aug. 21 chemical-weapons attack outside Damascus.

OECD Proposes Plan to Curb International Tax Avoidance

Finance ministers from the Group of 20 (G20) countries on Friday received a previously requested strategy under which the world’s largest economies could crack down on international tax avoidance, particularly on the part of multinational corporations.

Q&A: Moving Away from “Elite Multilateralism”

As the global South claims a greater share of the world's GDP, is it also progressing in terms of overall human development? How has this southward tipping of the scale affected the dynamics of international trade? What is the role of global governance in mediating this period of change?

Digging Deep for New Conflict

If Herod the Great was a controversial figure of his time, 2,000 years on the controversy isn’t about his legacy; it’s about who holds the rights to excavate and preserve his artefacts.

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