A showdown between Presidents Joe Biden and Vladimir Putin isn’t happening,
Motorists ride their bikes as a bus with a G20 sticker rolls past in Nusa Dua, Bali, Indonesia, Saturday, Nov. 12, 2022. Indonesia is gearing up to host the gathering of the leaders of the world's biggest economies this coming week. – but fallout from Russia’s invasion of Ukraine and growing tensions between China and the West will be at the fore when leaders of the world’s biggest economies gather in tropical Bali this week.
The summit’s official priorities of health, sustainable energy and digital transformation are likely to be overshadowed by fears of a sputtering global economy and geopolitical tensions centered on the war in Ukraine. The U.S. and allies in Europe and Asia, meanwhile, increasingly are squaring off against a more assertive China, leaving emerging G-20 economies like India, Brazil and host Indonesia to walk a tightrope between bigger powers.
“One of the priorities for Jokowi is to ease the tension of war and geopolitical risk,” said Bhima Yudhistira, director of the Center of Economic and Law Studies in Indonesia’s capital, Jakarta.
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