Five takeaways from the G20 summit in RioTue, 19 Nov 2024 02:24:37 GMT
G20 leaders met in Rio de Janeiro on Monday for talks on climate change, ongoing wars in Ukraine, Gaza and Lebanon, and more, at a forum that highlighted differences between world powers but also delivered some successes.Here are five key takeaways from the summit:Â – No climate breakthrough –Â Hopes were high that G20 leaders would jumpstart …
Five takeaways from the G20 summit in RioTue, 19 Nov 2024 02:24:37 GMT Read More »
S.Africa offers a lesson on how not to shut down a coal plantTue, 19 Nov 2024 01:23:44 GMT
The cold corridors of South Africa’s once-mighty Komati coal-fired power plant have been quiet since its shutdown in 2022 in what was trumpeted as a pioneering project in the world’s transition to green energy.Two years later, plans to repurpose the country’s oldest coal power plant have amounted to little in a process that offers caution …
Japan, UK to hold regular economic security talks
Japan and Britain have agreed to hold regular high-level talks on economic security, Tokyo said Tuesday after the two countries’ leaders met on the sidelines of the G20 summit.The move comes ahead of the second White House stint for Donald Trump, who has promised to levy massive tariffs on China and to raise import duties for others.The United States and its Group of Seven (G7) allies, including Japan and Britain, have warned of a “disturbing rise in incidents of economic coercion” in a veiled reference to China.Japan’s Prime Minister Shigeru Ishiba and his UK counterpart Keir Starmer held a bilateral meeting on Monday in Rio de Janeiro. Both are members of the G20 — the world’s biggest economies, including the United States, China and Russia.Ishiba and Starmer agreed to launch the so-called “economic 2+2” talks between their foreign and economic ministers “to further advance bilateral cooperation, in the field of economy including trade and economic security.””The two leaders shared the view that achieving strong economic growth is a common priority,” said a Japanese foreign ministry statement issued after the meeting.While the statement did not mention Trump, Japan’s Nikkei business daily said the countries would use their new forum to explore strategies to dissuade Washington from tariffs.Ishiba and Starmer also agreed to promote defense cooperation and “to continue to work closely together on various issues in the international community, such as the situation in East Asia and Ukraine.”The pair, along with Italy, are developing a new fighter jet set to be airborne by 2035.