In a joint declaration, G20 leaders agreed to calibrate the pace of interest rate hikes and cautioned against “increased volatility” in currency moves. World leaders, in addition, drew attention to growing concerns over global food insecurity. While the Russian war on Ukraine worsens, the recent dialogue among world leaders offers hope that the most powerful nations may find common ground. “G20 leaders’ Declaration Condemns Russia’s war ‘In Strongest Terms’” CNN News. Rappeport, Alan and Tankersley, Jim “World Leaders Meet as Global Economy Faces Multiple Threats.” The New York Times.

Source: CNN November 25, 2022 10:48 UTC