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☆ Argentina showing the biggest momentum among emerging markets: Analyst
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailArgentina showing the biggest momentum among emerging markets: AnalystMalcolm Dorson of Global X talks about the emerging markets that have the biggest runway for growth and the highest opportunities for returns. He also discusses China's push for multilateralism as Donald Trump is poised to return to the White House.

Persons: Malcolm Dorson, Donald Trump Locations: Argentina

☆ Trump presidency a concern for the future of multilateralism, says former Swedish PM
▼ + stars: | 2024-11-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump presidency a concern for the future of multilateralism, says former Swedish PMCarl Bildt, the former prime minister of Sweden, discusses what a second Trump presidency means for Europe and NATO.

Persons: Carl Bildt Organizations: Email Trump, Trump, NATO Locations: Swedish, Sweden, Europe

☆ Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit
▼ + stars: | 2024-10-22 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Russian President Vladimir Putin attends the BRICS Business Forum in Moscow, Russia October 18, 2024. Alexander Zemlianichenko | Via ReutersRussia is rolling out the red carpet to its geopolitical allies as it hosts the latest BRICS summit on Tuesday, pushing its agenda to create a "new world order" that challenges the West. Delegates listen on during the plenary session as Russian President Vladimir Putin delivers his remarks via video-link during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg on August 23, 2023. "The countries in our association are essentially the drivers of global economic growth. Russian President Vladimir Putin (R) shakes hands with Iranian President Masoud Pezeshkian (L) during their meeting, October 11, 2024, in Ashgabat, Turkmenistan.

Persons: Vladimir Putin, Alexander Zemlianichenko, what's, Alet Pretorius, Putin, Michel Temer, Xi Jinping, Jacob Zuma, Narendra Modi, Wu Hong, Callum Fraser, Fraser, Russia's, Dmitry Peskov, Masoud Pezeshkian, Recep Tayyip Erdogan, Mahmoud Abbas, Antonio Guterres, It's, Masoud Organizations: Reuters, United Arab Emirates, America, U.S ., Afp, Getty, Tass, India's, CNBC, Royal United Services Institute, Global, Kremlin Locations: Moscow, Russia, Reuters Russia, Brazil, India, China, South Africa, Egypt, Ethiopia, Iran, Asia, Africa, U.S . Russian, U.S, West, Ukraine, Sandton, Johannesburg, South, Ashgabat, Turkmenistan, U.N

☆ Biden meets Vietnam leader to counter Hanoi’s ties with China and Russia
▼ + stars: | 2024-09-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

NEW YORK — President Joe Biden met with Vietnamese President To Lam for talks on Wednesday, aiming to deepen relations with the Southeast Asian country and manufacturing hub and counter its ties with China and Russia. Biden and Lam, the ruling Communist Party chief making his first visit to the U.S. as president, met on the sidelines of the United Nations General Assembly in New York. On meeting Biden on Wednesday, Lam hailed what he called Biden’s historic contribution to elevating bilateral relations. The Vietnam News Agency reported Lam told Biden that Vietnam was on the brink of a new era of development, and that it was a friend and reliable partner. “Vietnam will continue to firmly implement its foreign policy of independence, self-reliance, multilateralism and diversification,” Lam told Biden, the state media agency reported.

Persons: Joe Biden, Lam, Biden, ” Lam, Michelle Steel, “, ”, Alexander Vuving, Vladimir Putin, Murray Hiebert Organizations: YORK, Communist Party, United Nations General Assembly, U.S, cybersecurity, Vietnam News Agency, Meta, U.S . Rep, California Republican, Lam’s, NME, Hanoi, Inouye, Pacific Center for Security Studies, General, Washington, Southeast Asia, Washington’s Center, Strategic, International Studies Locations: China, Russia, New York, Vietnam, Hanoi, California, ”, United States, Hawaii, Inouye Asia, U.S, Asia, Cuba

☆ Ireland seeks 'cordial' relationship with China, will keep advocating for multilateralism, minister says
▼ + stars: | 2024-03-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIreland seeks 'cordial' relationship with China, will keep advocating for multilateralism, minister saysMichael McGrath, Irish finance minister, said Ireland wants a strong, cordial and mutually beneficial relationship with China, while adding that 'countries and continents' desire strategic autonomy when it comes to critical supply chains.

Persons: Michael McGrath Organizations: Ireland, multilateralism Locations: China, Irish, Ireland

Speaking at the Munich Security Conference, Harris offered a broad defense of the Biden administration’s approach to global challenges, especially in leading international support for Ukraine in its war with Russia. Her comments came as the Ukraine risks losing U.S. support due to congressional dysfunction and positions taken by Trump and many of his supporters. Harris sounded many of the same concerns and her comments were peppered with blunt criticism of Trump and his allies. Earlier this month, Trump sent shivers through Europe when he said he would not come to the defense of NATO allies that do not meet defense spending commitments. Harris said the Biden administration’s “sacred commitment to NATO remains ironclad.”“Imagine if America turned our back on Ukraine and abandoned our NATO allies and abandoned our treaty commitments.

Persons: Kamala Harris, Donald Trump’s, Harris, Biden, Alexei Navalny, “, ”, ” Harris, U.N, Antonio Guterres, ” Guterres, Trump, shivers, Vladimir, Putin Organizations: —, NATO, Munich Security, Ukraine, Trump, Hamas, America Locations: MUNICH, Russia, Ukraine, United States, America, Gaza, Israel, Rafah, Europe

☆ China's premier tells Davos that innovation shouldn't be used to restrict other nations
▼ + stars: | 2024-01-16 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Li Qiang, China's premier, delivers a special address on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 16, 2024. Bloomberg | Bloomberg | Getty ImagesChinese Premier Li Qiang said that tech innovations should not be used as a way to restrict or contain other countries. "Scientific and technological fruits should benefit humanity as a whole, instead of becoming a means to restrict or contain the development of other countries," Li added, calling for "more open measures." watch nowFollowing his speech, Li spoke about the risks and opportunities of generative AI, such as ChatGPT, in a brief question-and-answer session with World Economic Forum Founder Klaus Schwab. Li met with Swiss President Viola Amherd ahead of the Davos conference and is set to visit Ireland later in the week.

Persons: Li Qiang, Li, Klaus Schwab, ChatGPT, ”, multilateralism, Viola Amherd Organizations: Economic, Bloomberg, Getty Images, Baidu, Swiss, Davos, Ireland, Monday Locations: Davos, Switzerland, Beijing, Washington, U.S, China, Swiss

☆ Ukraine war live updates: Baby among civilians injured in missile strikes on Ukraine; Russia causes a stir at security summit
▼ + stars: | 2023-11-30 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

Russian President Vladimir Putin and Moscow's top diplomat Sergei Lavrov both blamed the West for creating global insecurity and instability. The U.S. and its allies are seeking simultaneously to keep the OSCE alive and hold Russia to account for its invasion of Ukraine. The European Union's foreign policy chief, Josep Borrell, said he understood unease about Lavrov attending the meeting in Skopje, North Macedonia. But he said it was a chance for Lavrov to hear broad condemnation of Russia's war in Ukraine. Estonia had been due to take over the annually rotating OSCE chairmanship but Russia blocked it for months.

Persons: Vladimir Putin, Sergei Lavrov, Russia's Sergei Lavrov, Margus Tsahkna, Lavrov, Josep Borrell, Borrell, Dimitar Kovacevski, — Organizations: Organization for Security, Cooperation, Baltic, OSCE, Soviet, NATO, Tass, Russian, North Macedonia's, Kremlin Locations: Moscow's, Ukraine, U.S, Russia, Estonian, Brussels, Estonia, Lithuania, Latvia, Skopje, North Macedonia, Malta

[1/3] Russia's Foreign Minister Sergei Lavrov disembarks from a plane upon his arrival at an airport ahead of a meeting of foreign ministers of the Organisation for Security and Cooperation in Europe (OSCE) in Skopje, North Macedonia, November 30, 2023. Estonian Foreign Minister Margus Tsahkna told reporters on Wednesday in Brussels where he attended a NATO meeting. The European Union's foreign policy chief, Josep Borrell, said he understood unease about Lavrov attending the meeting in Skopje, North Macedonia. But he said it was a chance for Lavrov to hear broad condemnation of Russia's war in Ukraine. I think that is simply wrong," said Latvian Foreign Minister Krisjanis Karins.

Persons: Sergei Lavrov disembarks, Russia's Sergei Lavrov, Margus Tsahkna, Lavrov, Josep Borrell, Borrell, Dimitar Kovacevski, OSCE Michael Carpenter, Antony Blinken, Helga Schmid, Krisjanis Karins, Humeyra Pamuk, Aleksandar Vasovic, Ronald Popeski, Francois Murphy, William Maclean, Cynthia Osterman Organizations: Organisation for Security, Cooperation, Russian Foreign Ministry, REUTERS Acquire, Organization for Security, Baltic, OSCE, Soviet, NATO, Tass, Russian, North Macedonia's, Kremlin, AS, Ukraine, United, U.S, United Nations General Assembly, Thomson Locations: Europe, Skopje, North Macedonia, BRUSSELS, VIENNA, Ukraine, U.S, Russia, Estonian, Brussels, Estonia, Lithuania, Latvia, Malta, Belarus, United States, Moscow, West, New York, Latvian

☆ U.N. observes minute's silence for 101 staff killed in Gaza
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

[1/2] The United Nations flag flies at half-mast at the European headquarters, honouring the more than 100 employees killed in Gaza since the Israel-Hamas war began last month in Geneva, Switzerland, November 13, 2023. REUTERS/Denis Balibouse Acquire Licensing RightsGENEVA, Nov 13 (Reuters) - United Nations workers observed a minute's silence on Monday to honour the more than 100 employees killed in Gaza since the Israel-Hamas war began last month as U.N. flags flew at half mast. "This is the highest number of aid workers killed in the history of our organisation in such a short time," said Tatiana Valovaya, Director-General of the United Nations in Geneva. "We are gathered here today, united in this very symbolic location, to pay respect to our brave colleagues who sacrificed their lives while serving under the United Nations flag." "But the United Nations is more relevant than ever."

Persons: Denis Balibouse, Tatiana Valovaya, Israel, Valovaya, Gabrielle Tétrault, Farber, Cécile, Emma Farge, Nick Macfie Organizations: United Nations, Hamas, REUTERS, Rights, U.N, UNRWA, Thomson Locations: Gaza, Israel, Geneva, Switzerland, U.N, Palestinian, Nigeria, Abuja, United

☆ China has a sweeping vision to reshape the world — and countries are listening
▼ + stars: | 2023-11-09 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +23 min

All this coincides with longstanding calls from countries across the developing world for an international system where they have more say. Beijing, he added, sees the US as merely “paying lip service” to the “liberal order” to hurt other countries. Sergei Savostyanov/Sputnik/ReutersIn recent years, even some countries that have for decades embraced a close partnership with the US have drawn closer to China and its vision. “Is China really trying to promote multipolarity — or does China just want to (become a) substitute (for) US influence over the world?” he asked. They also raise questions about how a more militarily and economically powerful China would behave globally, if left unchecked.

Persons: Xi Jinping, —, Xi, Vladimir Putin, General Antonio Guterres, ” Xi, , Shen Hong, they’d, ”, Yun Sun, liberalize, Sanjit Das, Shen Dingli, ‘, ’ ”, Russia’s Putin, Bashar al, Assad —, Assad’s, Sergei Savostyanov, Ali Sarwar Naqvi, “ We’ve, James Marape, ’, Rubens Duarte, Li Zhiquan, “, Tong Zhao, Zhao, Ted Aljibe, Luiz Inácio Lula da Silva, Zhang Youxia, Beijing’s, Gilberto Teodoro Jr, BRICS, Weeks, Joe Biden, Sergio Lima, ” — Organizations: Hong Kong CNN, United Nations, Forum, China, Communist, CNN, Beijing, Washington, Getty, Stimson, Bank, World Trade Organization, . Riot, Bloomberg, Initiative, Asian, Global, Sputnik, Reuters, Center for International Strategic Studies, Papua New Guinea, multipolarity, China News Service, Carnegie Endowment, International Peace, Global Security Initiative, NATO, Russia, Philippine Defense, Shanghai Cooperation Organization, United, New, Seven, Ministry, Global Security, Group, UN, Communist Party Locations: China, Hong Kong, Beijing, United States, Ukraine, Gaza, Russian, Xinhua, Washington, South, Taiwan, Tibet, Xinjiang, America, Shanghai, West, Hangzhou, Israel, Pakistan, Pakistani, Islamabad, Papua New, Brazil, Indonesia, Europe, Asia, Scarborough, South China, AFP, Moscow, Russia, “, Saudi Arabia, Iran, Palestine, India, South Africa, Argentina, Egypt, Ethiopia, United Arab Emirates, New Delhi, Southeast Asia, Latin America, Caribbean, ” Beijing

☆ China-Germany Cooperation Has Become More Solid and Dynamic - China's Xi
▼ + stars: | 2023-11-03 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

BEIJING (Reuters) - Cooperation between China and Germany has become more robust, solid and dynamic, Chinese President Xi Jinping told German Chancellor Olaf Scholz through a video link chat on Friday. In a wide-ranging discussion that touched on global trade, climate goals, the Israel-Hamas war and Ukraine crisis, the two leaders agreed that China-German relations are improving on several fronts. "China-Germany trade is developing steadily, two-way investment enthusiasm is high, and the cooperation between the two countries is becoming more stable, more solid and more dynamic," Xi was quoted as saying by state broadcaster China Central Television (CCTV). Xi said both countries must not only develop good bilateral relations, but also safeguard the international order and multilateralism and work together to address global challenges, according to state media. In their meeting last November, both leaders jointly condemned threats of using nuclear weapons as the Ukraine-Russia conflict escalated.

Persons: Xi Jinping, Olaf Scholz, Xi, Scholz, Ella Cao, Bernard Orr, Tomasz Janowski, William Maclean Organizations: China Central Television, European Union Locations: BEIJING, Cooperation, China, Germany, Israel, Ukraine, Russia, Palestinian

U.S. President Joe Biden attends a meeting with Israeli Prime Minister Benjamin Netanyahu (not pictured), as he visits Israel amid the ongoing conflict between Israel and Hamas, in Tel Aviv, Israel, October 18, 2023. Biden noted at the start of the meeting that the EU and the U.S. were standing together to support Israel and Ukraine, but would also discuss ways to address "unfairly traded steel and aluminum imports" and talks about critical minerals. Trade negotiators had scrambled on Thursday to avoid the U.S. resuming import tariffs on EU steel and aluminum imposed by then-President Donald Trump in 2018, ultimately agreeing to keep the tariffs at bay while they keep talking. "We look forward to continuing to make progress on these important objectives in the next two months," it said. The joint statement cited progress toward a "targeted" deal, and said the leaders looked forward to continuing negotiations in the coming weeks.

Persons: Joe Biden, Benjamin Netanyahu, Evelyn Hockstein, Washington, Charles Michel, Ursula von der Leyen, Biden, Michel, Donald Trump, Andrea Shalal, Jeff Mason, Jarrett Renshaw, Heather Timmons, Jonathan Oatis, Alistair Bell, Marguerita Choy Organizations: Israeli, Hamas, REUTERS, Rights, European Union, White, Senior U.S, European, European Commission, Ukraine, EU, ., Trade, United Steelworkers, Biden, Trump, Washington, World Trade Organization, U.S, Thomson Locations: Israel, Tel Aviv, U.S, Ukraine, China, Brussels, Washington, North America, Europe

☆ Multilateralism is not dead, says EU's Mairead McGuiness
▼ + stars: | 2023-10-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMultilateralism is not dead, says EU's Mairead McGuiness"Even in the darkest of moments we have to remember that people can come together," said EU Commissioner for Financial Services Mariead McGuinness at the IMF meeting, discussing the importance of such conferences during geopolitical turmoil.

Persons: EU's Mairead McGuiness, Financial Services Mariead McGuinness Organizations: Financial Services, IMF

CNN —Concerns over Kenya’s human rights record have cast a shadow over a UN decision that gave Kenya the go ahead to lead an armed multinational force to Haiti amid brutal gang violence in the Caribbean country. For a year, the multinational force, comprising 1,000 Kenya police personnel is expected to combat criminal gangs responsible for a wave of killings, kidnappings and rape in Haiti. But human rights groups argue that Kenya’s history of human rights abuses must be evaluated. On Tuesday, Amnesty International Kenya urged UN member states, human rights organizations and citizens to thoroughly examine the “human rights and humanitarian implications” of deploying an armed multinational force to Haiti. What stake does Kenya have to be able to take those chances in a terrain that is foreign and dangerous?

Persons: Alfred Mutua, William Ruto, Ruto, “, ”, ” Ruto, Herman Manyora, Ruto’s, ” Manyora, Manyora Organizations: CNN, UN, Kenya, Amnesty International Kenya, Kenya National Civil Society Center, Kenya Police Service, Citizen Digital, Kenyan, UNSC, United Nations General Assembly, Union, Biden, US, University of Nairobi Locations: Kenya, Haiti, Caribbean, East, ”, African, Nairobi

☆ Vietnam interested in trade deal with Mercosur, says Brazil's Lula
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +2 min

[1/3] Brazil's President Luiz Inacio Lula da Silva greets Vietnam's Prime Minister Pham Minh Chinh during a news statement at the Itamaraty Palace in Brasilia, Brazil September 25, 2023. The move comes as the Mercosur bloc tries to finalize a long-awaited trade deal with the European Union, which the leftist leader has been pushing to be concluded by the end of this year. Canada, South Korea and Singapore are other countries in talks for trade deals with Mercosur. Lula had previously hinted at potential agreements with China, Indonesia, Vietnam and countries in Central America and the Caribbean. A memorandum of understanding on defense, Lula added, was the "first step" towards a future deal that would open room for his country to export defense products to the Asian nation, "including aircraft".

Persons: Luiz Inacio Lula da Silva, Pham Minh Chinh, Adriano Machado, Lula, Pham Minh, Minh Chinh, Vietnam's, Minh, Lisandra Paraguassu, Steven Grattan Organizations: Vietnam's, REUTERS, Rights, Mercosur, Vietnamese, European Union, EU, Saturday, Brazilian, Embraer, EMBR3, United Nations Security Council, Thomson Locations: Brasilia, Brazil, Rights BRASILIA, Vietnam, Argentina, Paraguay, Uruguay, Canada, South Korea, Singapore, China, Indonesia, Central America, Caribbean, Sao Paulo, Hanoi

☆ Notable remarks on Ukraine at UN Security Council
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +4 min

Ukraine's President Volodymyr Zelenskiy has his address to the United Nations Security Council laid out on the desk in front of him as he attends a ministerial level meeting of the Security Council on the crisis in Ukraine at U.N. headquarters in New York, September 20, 2023. U.S. SECRETARY OF STATE ANTONY BLINKEN:"It's hard to imagine a country demonstrating more contempt for the United Nations and all that it stands for - this from a country with a permanent seat on this council. "The war is having an increasingly devastating toll on the people in Ukraine and elsewhere in the world. "The only pathway for a comprehensive peace ... is one that must be just and based on the charter of the United Nations, and international law." SWISS PRESIDENT ALAIN BERSET:"With Russia's military aggression against Ukraine, the (U.N.) Charter has been violated on a massive scale.

Persons: Volodymyr Zelenskiy, Brendan McDermid, VOLODYMYR ZELENSKIY, BLINKEN, Putin, SERGEI LAVROV, GUILLERMO LASSO, NANA AKUFO, ALAIN BERSET, FUMIO, Gabriela Baczynska, Humeyra Pamuk, Don Durfee Organizations: United Nations Security Council, Security, REUTERS, UNITED NATIONS, Wednesday, Security Council, Russia, OF STATE, United Nations, UN, Thomson Locations: Ukraine, U.N, New York, Russia, Soviet Union, .

He has sought to boost Brazil's cred with each state visit and speech, one multilateral forum after another. PUSHING FOR GLOBAL GOVERNANCE — BRAZIL-STYLEDuring Lula’s travels, he has pushed for global governance that gives greater heft to the Global South and advocating diminishing the dollar’s dominance in trade. After the International Criminal Court issued a warrant for Russian President Vladimir Putin's arrest, Lula said he would review Brazil's membership in the court. Some in Washington had initially hoped Lula could be helpful in advancing a shared agenda in Venezuela, Winter said. As they stood embracing, Lula remained seated while applauding a few feet away and nearly out of the camera frame.

Persons: Luiz Inacio Lula da Silva's, Brazil —, —, Lula, Bolsonaro, ”, Oliver Stuenkel, Getulio Vargas, Ukraine’s, Vladimir Putin's, “, Brian Winter, Biden, Winter, ” Biden, Jake Sullivan, Narendra Modi, Saudi Crown Prince Mohammed bin Salman, Cuba “, ” Lula, Nicolás Maduro, LULA, Lula isn't, Modi, Thomas Traumann, Azali Assoumani, Assoumani's, Paulo Peres, Said Peres, Eleónore Hughes, Madhani, David Biller Organizations: UNITED NATIONS, —, General, Getulio, Getulio Vargas Foundation, Global, . National, Bolsonaro, Indian, Saudi Crown, Biden, Federal University of Rio, . Security, Associated Press Locations: Brazil, United States, China, Italy, India, Argentina, Angola, Sao Paulo, — BRAZIL, Washington, Western Europe, U.S, York, Americas, New York, Ukraine, New Delhi, Cuba, Havana, Venezuela, ”, Brazilian, Federal University of Rio Grande do Sul, Rio de Janeiro

But most concurred it was a foreign policy triumph for Modi as he pushes to increase India’s influence on the world stage. “India’s statement embodies the voice of the emerging Global South” said Derek Grossman, an analyst focused on the Indo-Pacific at the RAND Corporation. “It’s emerging as a successful case study of Western and non-Western powers and the Global South working together to pursue shared goals,” he said. Russian President Vladimir Putin and China's leader Xi Jinping skipped the G20 summit this year. Heading into the summit, Modi had argued that the developing countries should have more say, noting that they are disproportionately impacted by many crises including climate change, food shortages and rising energy prices.

Persons: —, Narendra Modi, Rishi Sunak, Olaf Scholz, Subrahmanyam Jaishankar, ”, Amitabh Kant, Modi, “, Derek Grossman, Michael Kugelman, Wilson, Vladimir Putin, Xi Jinping, Sergey Lavrov, India's, ” Lavrov, Michael Schuman, ” Schuman, ” Kugelman, Krutika Pathi, Adam Schreck, Joanna Kozlowska Organizations: DELHI, British, United, Russia, RAND Corporation, Beijing, ”, Union, South Asia Institute, Global, Russian, Atlantic, European Union, “, Associated Press Locations: Ukraine, Russia, China, Moscow, United Nations, India, New Delhi, Brazil, South Africa, Beijing, London

☆ Asian Development Bank says the world faces 'immense' funding challenges
▼ + stars: | 2023-09-08 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Asia and the rest of the world face "immense" challenges, and the Asian Development Bank must work with others to address those issues, its director general told CNBC on Friday. "The challenge that we are facing in this region and also globally, are immense, including climate change. "So this is a limitation for different countries to take more debt for their sustainable development and climate change." He said multilateral development banks "can and must take bold action to help address the challenges." "First of all, we need to ramp up our lending capacity ... but also, we need extra efforts to mobilize more money from private sector," he said.

Persons: Tomoyuki Kimura, CNBC's Tanvir Gill, Covid Organizations: Asian Development Bank, CNBC, ADB Locations: Asia, New Delhi

☆ Biden heads to New Delhi for G20 amid rising global tensions
▼ + stars: | 2023-09-07 | by ( Emma Kinery | ) www.cnbc.com time to read: +3 min

"The United States' commitment to the G20 hasn't wavered and we hope this G20 summit will show that the world's major economies can work together even in challenging times," National Security Advisor Jake Sullivan said Tuesday. Russian President Vladimir Putin will skip the summit for the second year in a row, as will Chinese President Xi Jinping. This will be the first G20 summit a Chinese president has missed since its inaugural event in 2008; he attended virtually during the coronavirus pandemic. The conference has long been touted as a possible meeting point for Biden and Xi, who last met at Indonesia's G20 summit in November. "As he has done before, President Biden will call for a just and durable peace, one founded in respect for international law."

Persons: Joe Biden, Narendra Modi, Sullivan, Jake Sullivan, Biden, America's, Jill Biden, Vladimir Putin, Xi Jinping, Xi, Putin Organizations: India's, Group, Labor, Sunday Locations: Washington ,, Ukraine, United States, New Delhi, India, Hanoi, Vietnam, Alaska, Russia, China, Indonesia's, Johannesburg, South Africa, Indonesia

☆ Opinion: Putin’s virtual bravado, Xi’s big win, and 6 new members. Why this was a summit like no other
▼ + stars: | 2023-08-25 | by ( Opinion Michael Bociurkiw | ) edition.cnn.com time to read: +8 min

The move breathes new life into a group set to rival the G7 and brings the world closer to multi-polarity. BRICS leaders could be forgiven for not knowing whether to exhibit exuberance or concern on Wednesday. (Summit host, South African President Cyril Ramaphosa, said it should be seen as an accomplishment for the entire BRICS bloc.) Hours later, just as BRICS leaders were sitting down to dinner, news alerts started to steal the show on the crashed private jet said to be carrying Wagner Group boss Yevgeny Prigozhin. Host South Africa just manages to pull it offThat South Africa managed to pull off hosting the summit is an accomplishment in itself.

Persons: Michael Bociurkiw, Michael Bociurkiw Chrystia, “, —, Xi Jinping, you’ve, Nicolás Maduro, Russia’s, Cyril Ramaphosa, Yevgeny Prigozhin, Wagner, couldn’t, Swagger, I’ve, Modi, Vladimir Putin’s, Sergey Lavrov, Lula da Silva, Lula, Vladimir Putin, Michele Spatari, It’s, ” Nontsikelelo, Facebook Xi, Xi, Putin Organizations: Atlantic Council, Organization for Security, Cooperation, CNN, Johannesburg CNN, United Arab, —, for Security, UN, Wagner, Getty, Democratic, Twitter, Facebook, National Congress, ANC Locations: Odesa, Europe, Johannesburg, Brazil, Russia, India, China, South Africa, Saudi Arabia, United Arab Emirates, Iran, Argentina, Egypt, Ethiopia, Africa, ”, Beijing, Donbas, Ukraine, AFP, Democratic Republic of Congo, Cameroon

☆ Morocco has not applied to join BRICS - state media
▼ + stars: | 2023-08-19 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Wu Hong/Pool/File photo Acquire Licensing RightsRABAT, Aug 19 (Reuters) - Morocco has not made a formal request to join the BRICS grouping and will not attend its summit in South Africa, state news agency MAP said on Saturday. Citing an unnamed diplomatic source, MAP denied a statement by South Africa's foreign minister Anil Sooklal who said earlier this month Morocco was among the nations seeking to join the bloc. "South Africa allowed itself to speak about Morocco's ties with the BRICS without prior consultation," it said. Morocco would not attend the BRICS meeting in South Africa, MAP said, adding: "South Africa has in fact always shown a primary hostility towards Morocco and has systematically taken negative and dogmatic positions on the Moroccan Sahara issue." Morocco is attached to a non-divisive multilateralism and has good ties with the rest of BRICS member states, it said.

Persons: Wu Hong, Anil Sooklal, Ahmed Eljechtimi, Tomasz Janowski Organizations: Xiamen International Conference and Exhibition Center, REUTERS, South, Polisario, Thomson Locations: Brazil, Russia, China, South Africa, India, Xiamen, Fujian Province, Morocco, Africa, Algeria, Western Sahara, Moroccan

☆ Colombia hopes Amazon summit will be deforestation 'turning point'
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +1 min

BOGOTA, Aug 3 (Reuters) - Colombia's government is hopeful that an upcoming regional summit in Brazil will represent a turning point in the deterioration of the Amazon, Colombian Environment Minister Susana Muhamad said on Thursday. The eight countries of the Amazon Cooperation Treaty Organization (ACTO), which include Brazil, Colombia, Venezuela and Peru, will meet Aug. 7-8 in the Brazilian city of Belem at the mouth of the Amazon River. The summit - which follows a meeting in Colombia's Amazon city of Leticia a month ago - is aimed at finding ways to prevent further degradation of the Amazon rainforest, the preservation of which scientists say is vital for curbing the effects of climate change. Talks will also include the complicated issue of hydrocarbon exploration, Muhamad said. While Colombia's President Gustavo Petro has voiced concern over oil and gas exploration in the Amazon, Muhamad said the situation was "much more complex" than other topics.

Persons: Susana Muhamad, Muhamad, Luiz Inacio Lula da Silva, Gustavo Petro, Oliver Griffin, Rosalba O'Brien Organizations: Amazon, Colombian, Amazon Cooperation Treaty Organization, Thomson Locations: BOGOTA, Brazil, Colombia, Venezuela, Peru, Brazilian, Belem, Amazon, Leticia, Bogota

☆ North Korea says U.S. has 'sinister intention' in rejoining UNESCO
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +2 min

SEOUL, June 27 (Reuters) - North Korea criticised on Tuesday the U.S. plan to rejoin the U.N. cultural agency UNESCO as a "sinister" move to use an international organisation for the purpose of "realizing the strategy for hegemony". The Paris-based U.N. agency announced this month the United States intended to rejoin in July, calling it an "act of confidence in UNESCO and in multilateralism". "Clear is the sinister intention of the U.S. hastening the reentry into the organization ... The U.S. has an inglorious background of having withdrawn not only from UNESCO but also from WHO, the UN Human Rights Council and other international organizations," a statement released by North Korea's permanent mission to UNESCO said. The United States initially joined UNESCO at its founding in 1945 but withdrew in 1984 in protest against alleged financial mismanagement and perceived anti-U.S. bias before returning in 2003.

Persons: Joe Biden, Donald Trump's, Jack Kim, Ed Osmond Organizations: UNESCO, Wall Street, WHO, UN Human Rights, North, World Health Organization, United, U.S, Trump, Thomson Locations: SEOUL, North Korea, Paris, United States, multilateralism, U.S, Israel, Korea

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