First Independent Mena Newspaper
The meeting of financial chiefs of the Group of 20 (G20) leading economies held in Bengaluru, India, on 24-25 February 2023 failed to issue a proposed final communiqué in the face of Russian and Chinese objections, which has again brought into spotlight the self-proclaimed ‚neutrality’ of South Africa and many other countries on the continent. […]
The summit of the African Union (AU) in February 2023 has shown that the bloc is in the process of accession to the G20 grouping as a member while also becoming a participant of the BRICS+ meetings, which would in turn enhance Africa’s global influence. While Africa lacks a permanent seat on the UN Security […]
South African President Cyril Ramaphosa has called for the African Union (AU) to be made a permanent member of the G20, a group of 20 countries with leading economies which come together to discuss policy on health, trade and other issues. Speaking during the Working Session on Food and Energy Security at the G20 Leaders’ […]
There is an urgent need for global action to address the fertilizer crisis, most importantly by keeping the fertilizer market open to meet global demand and to avoid a food availability crisis, says a latest study issued by the World Trade Organization (WTO) and United Nations Food and Agriculture Organization (FAO) on 14 November. The […]
The global economic outlook is “darkening”, the managing director of the International Monetary Fund (IMF) said on Wednesday, citing the war in Ukraine and the “commodity price shocks” it has caused among the main reasons. The IMF plans to publish later this month “a further downgrade” to its growth forecasts “for both 2022 and 2023”, […]
Saudi Arabia Sunday announced it has taken leadership of the Group of Twenty or G20, until the meeting of its leaders in the kingdom next year in November. The Gulf country takes over from Japan and becomes the first Arab country to assume the presidency of the powerful organization encompassing leaders of developed and developing […]