Digital banking and financial inclusion also score separate slots among the meeting’s half-dozen stated priorities. Moneyweb Finance Debt
Financial stewards of the biggest economies in the world descend on the tropical island of Bali this week at a time when rapid inflation threatens to further destabilise populations and turn fragile recoveries into recession. The Group of 20 meetings of finance ministers and central bank governors Friday and Saturday in Indonesia will focus on a bevy of issues around soaring prices, threats of more sovereign defaults, and engineering soft landings for economies still in Covid recovery mode.
In April, during spring meetings of the International Monetary Fund and World Bank in Washington, the US Treasury convened a meeting of top international financial officials and food security experts to address the deepening crisis. Participants agreed to work out a set of common principles and a plan for action, but there has since been little visible progress.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business Maverick: Global finance chiefs head to Bali to talk inflation, debt and oilFinancial stewards of the biggest economies in the world descend on the tropical island of Bali this week at a time when rapid inflation threatens to further destabilise populations and turn fragile recoveries into recession.
Read more »
TIPPING POINTS: Governments still favour profit over nature, ‘driving global biodiversity crisis’ — UN reportAn assessment report by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services argues that the way nature is valued in political and economic decisions is a ‘key driver of the global biodiversity crisis’ and provides a ‘vital opportunity to address it’.
Read more »
DJ Sabby goes global with BBC1 and NY City Power | The CitizenThe Metro FM DJ hosts the station’s official Top 30, which has quickly become the station’s most-listened-to show with over 1.1 million listeners
Read more »
Global talent, Korean-trained: K-pop's new recipe for world dominationK-pop bands have long included non-Koreans: Blackpink's Lisa is Thai, while Japan and China are both well represented, and Korean-American singers have topped the local charts.
Read more »
GLOBAL BIODIVERSITY OP-ED: The road to COP15 in Montreal: Nairobi conference fiddles while ecosystems burnNegotiations held in Nairobi at the end of June – where it was hoped the draft text of the post-2020 Global Biodiversity Framework would be finalised – were crippled by semantic squabbling, with critical commitments to firm targets to reduce biodiversity loss decidedly lacking.
Read more »
CLAIRE BISSEKER: With supportive global factors fading, SA’s vulnerabilities are exposed againCommentators are beginning to agree that the country is fiscally unsustainable, writes Claire Bisseker
Read more »