Leaders of the world's 20 biggest economies on Sunday will pledge to pay for a fair distribution of COVID-19 vaccines, drugs and tests around the world so that poorer countries are not left out, and to extend debt relief to them, a draft G20 communique showed.
G20 leaders will pledge Sunday to ensure poorer countries get access to COVID-19 vaccines, drugs and tests.
A draft G20 communique showed leaders of the world’s 20 largest economies will commit to paying for fair distribution around the world and extending debt relief to them.
In the draft, the group encouraged multilateral development banks to strengthen their efforts to help countries deal with the health crisis.
The leaders – who met virtually this year due to the virus -- also pledged to be better prepared for the next pandemic and committed to advancing prevention, detection and response as well.
And as Joe Biden, an avowed multilateralist, gets set to replace Donald Trump in the White House in January, the G20 statement struck a bolder tone on trade, climate change, and the role of the World Health Organization.
Trump favored bilateral deals, and he cut support for multilateral institutions.
The G20 also said it would pursue a way to tax tech titans such as Google, Amazon, and
Credit: G20 In the final press conference of the virtual G20 summit hosted bySaudi Arabia, Mohammed Al-Jadaan the Minister for Finance said the leadersagreed to ensure the fair distribution of coronavirus vaccines worldwide, andsupport poorer countries whose economies have been badly affected by thecrisis.
Credit: PA - Press Association STUDIO Duration: 01:16Published
Climate change must be fought not in silos but in an integrated, comprehensive and holistic way, Prime Minister Narendra Modi said at a G20 event on Sunday and asserted that the entire world can progress faster if there is greater support of technology and finance to developing nations. Addressing the G20 side event on 'Safeguarding the Planet', PM Modi said India is not only meeting its Paris Agreement targets, but also exceeding them. "Inspired by our traditional ethos of living in harmony with the environment, and the commitment of my government, India has adopted low-carbon and climate-resilient development practices," PM said. The entire world can progress faster if there is greater support of technology and finance to the developing world, PM Modi said. Watch the full video for more details.
Credit: HT Digital Content Duration: 05:39Published
[NFA] President-elect Biden was formally given the go-ahead by a key federal agency to begin his transition to the White House, shortly after Michigan certified him as the state's winner. This report produced by Chris Dignam.
President Donald Trump is upset with how his legal team has handled his insistence that the 2020 presidential election be overturned. Business Insider reports a source says Trump is worried that the team is made up of 'fools' who are 'making him look bad.' Trump has also reportedly complained about Rudy Giuliani's appearance--literally--at a bizarre news conference last week.
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