Divided G20 in India to confront a sea of troublesPeople walk past a banner with flags of countries participating in the G20 summit in New DelhiNEW DELHI - Indian Prime Minister Narendra Modi seeks to forge consensus Saturday on a host of contentious issues from Ukraine to climate change, as G20 leaders hold their annual summit in New Delhi. The Group of 20 was conceived in the throes of the 2008 financial crisis as a way of managing the global economy. Even before it began, the importance of the New Delhi summit was called into question when China's Xi Jinping decided to skip the meeting and send his number two, Premier Li Qiang, to India instead. G20 countries account for around 85 percent of global climate warming emissions, making action in the forum crucial to real progress. Many G20 leaders fear their countries are already at risk of becoming collateral damage as the big beasts of world trade lock horns.

Source: Bangkok Post September 08, 2023 23:54 UTC