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Poland’s conservative governing party and the opposition has showered potential voters with promises as the country's political parties revealed their campaign programs before the Oct. 15 parliamentary election

Belt and Road Initiative (BRI), which has pushed many countries into a debt trap besides losing control over their assets, leaders of India-US-Saudi Arabia-UAE-Europe-Japan on Saturday announced a mega joint infrastructure deal to connect Asia with Europe via ports and railroad. Prime Minister Narendra Modi launching the project said an India-West Asia-Europe connectivity corridor for economic integration would be launched soon. Modi made the announcement flanked by US President US Biden, Saudi Arabia Prime Minister Mohammed bin Salman, President of UAE, EU and key European leaders on the sidelines of the G20 Summit. «This corridor will show a sustainable way to the whole world,» the Prime Minister said. While the US President described it as a game-changer, Ursula von der Leyen, President, European Union said, «It will be the most direct connection between India, Middle East.

Leaders of the 20 biggest economies in the world — collectively known as G20 — are pushing for a speedy implementation of a cross-border framework for crypto assets. 

World Trade Organization's dispute settlement system, which has been dysfunctional since 2019, leading to protectionism in global trade by 2024, as per a joint declaration released on Saturday. “We reiterate the need to pursue WTO reform to improve all its functions through an inclusive member-driven process, and remain committed to conducting discussions with a view to having a fully and well-functioning dispute settlement system accessible to all members by 2024," the G20 New Delhi Leaders’ Declaration said.

G20 Summit update: India-Middle East-Europe' economic corridor including shipping and railway links will be launched soon. The first-of-its-kind economic corridor will be a historic initiative on cooperation on connectivity and infrastructure involving India, UAE, Saudi Arabia, EU, France, Italy, Germany and the US, reported news agency ANI. Biden, Indian Prime Minister Narendra Modi and European Commission President Ursula von der Leyen announced the project during the annual Group of 20 summit of the world's top economies.

President Joe Biden and his allies have outlined plans to create a rail and shipping corridor linking India with the Middle East and ultimately Europe

shipping and rail transportation corridor linking countries across the Middle East, South Asia and Europe on the sidelines of the ongoing G20 Summit in New Delhi. «Strong connectivity and infrastructure is the base of development of humanity. India has prioritised on this in its developmental journey,» said PM Modi while addressing the Partnership for Global Infrastructure Investment (PGII) conference with G20 leaders. The United States, India, Saudi Arabia, the United Arab Emirates, the European Union and other G20 partners were set to explore the shipping and rail transportation corridor, which is aimed at aiding in the flow of commerce, energy and data from India across the Middle East up to Europe. The leaders are meeting to discuss the global economy and supply chain challenges, among other issues facing the global community. This agreement after it is inked could be seen as an alternate supply chain in a completely evolved post-pandemic world order. Finer added that President Biden and Prime Minister Modi will meet with other leaders for an event focused on global infrastructure later today. “The deal will benefit low and middle-income countries in the region, and enable a critical role for the Middle East in global commerce.

The Group of 20 top world economies welcomed the African Union as a member as their annual summit got underway Saturday, but their wording on the contentious issue of the war in Ukraine was limited to a call to avoid seizing territory by force or the u...

European Commission on Saturday urgedG20 countries to agree to global targets on tripling renewable energy capacity and doubling energy efficiency by 2030, seen as critical to limiting the global average temperature increase to 1.5 degrees Celsius. Addressing the «One Earth» session at the G20 Leaders' Summit in New Delhi, European Commission President Ursula von der Leyen emphasised the urgency of addressing climate change, saying: «Climate change is man-made. So, it means we can fix it.» She underscored the disproportionate impact of climate change, noting that G20 countries are responsible for a staggering 80 per cent of global greenhouse gas emissions, while Africa, with less than 4 per cent of emissions, is among the most affected. The European Commission president reminded the G20 countries that «we are about to miss our objective of limiting global warming to 1.5 degrees». «So, it is absolutely critical that we maintain our path of 1.5 degrees.

Narendra Modi during a session on Saturday. “Through the hard work of our teams, and through the cooperation of you all, we have reached agreement on the New Delhi G20 Leaders Summit Declaration. I propose that we adopt this New Delhi Leaders Declaration," Modi said, addressing his counterparts at a session.

climate crisis, the French government is set to propose a minimum flight price policy to the European Union, potentially spelling the end of ultra-cheap flights within Europe. Clément Beaune, the French Transport Minister, emphasized in an interview with L’Obs that low-cost flights are no longer sustainable, primarily due to the climate emergency. He argued that the rock-bottom fares do not account for the true environmental cost, stating that they "[don’t] reflect the price for the planet." This announcement comes on the heels of France's decision to ban select short-haul flight routes, encouraging travelers to opt for rail travel and thereby reduce carbon emissions. While this ban has, for now, affected only three routes (Paris-Orly to Bordeaux, Lyon, and Nantes), it symbolizes a larger commitment to environmental responsibility. Furthermore, taking inspiration from Portugal and Germany's successful affordable monthly rail pass initiatives, the French government is reportedly exploring the possibility of introducing a similar scheme. Europe is witnessing a resurgence in rail travel, with plans for new high-speed routes and the revival of sleeper routes, such as the one from Paris to Berlin. With viable alternatives to flying emerging, the potential end of cheap flights could provide added motivation for passengers to opt for train travel and contribute to a more sustainable future.

climate change, cryptocurrencies and reforms in multilateral development banks. G20 sherpas have been struggling for days to agree on the language because of differences over the war, hoping to get Russia on board to produce a communique. India's G20 sherpa, or negotiator, Amitabh Kant, said earlier in the day the "New Delhi Leaders' Declaration is almost ready, I would not like to dwell on it ...

Europe appears to be headed for a recession if it’s not there already, and matters are worse if you ask: Who will save it this time? Maybe Europe will have to fix itself. Previous dismal estimates for gross domestic product in the second quarter of the year were revised down to abysmal Thursday. The European Union had zero growth quarter-on-quarter, and 0.4% year-on-year.

G20 partners will unveil ambitious plans Saturday to bolster trade between India, the Middle East and Europe, the United States said — a modern-day Spice Route that could more closely bind three regions that account for about a third of the global economy. Washington, Saudi Arabia, the EU, UAE and others will sign an agreement on the sidelines of the G20 summit to explore a railway and port project to augment trade flows between Europe and India, officials said.Track all the live updates here The agreement comes with Washington actively engaging with Riyadh, a major oil producer and security partner, as it encourages the kingdom to normalise ties with Israel. Jon Finer, US deputy national security advisor, said the announcement came after «months of careful diplomacy, quiet, careful diplomacy, bilaterally and in multilateral settings». Finer said the plan could include shipping and rail transportation projects to «enable the flow of commerce, energy and data from here in India across the Middle East to Europe». This project «has enormous potential» he said.

Joe Biden and his allies intend to unveil a proposal on Saturday that outlines a shipping route linking India to the Middle East and potentially extending to Europe. This development could have a significant impact on global trade and is set to be announced during the Group of 20 summit. As reported by AP, the suggested agreement for a shipping and railway transport corridor would encompass the United States, India, Saudi Arabia, the United Arab Emirates, the European Union, and additional G20 nations, as confirmed by Jon Finer, the deputy national security adviser to the president.

G20 Summit today, with the participation of numerous global leaders and dignitaries, it is imperative to delve into the summit's agenda and objectives. This high-profile event has attracted the presence of over 30 heads of state, alongside prominent officials from the European Union and guest countries who have been extended invitations.

G20 Summit, a significant gathering of global leaders, it is imperative to delve into what's on the agenda. More than 30 heads of state and other top officials from the European Union are also set to attend the summit alongside several other delegates from invited guest countries. The summit will also be attended by 14 heads of international organisations.India plays host to the G20 Leader's Summit at the newly inaugurated Bharat Mandapam on September 9-10. The summit's proceedings will kick off with the arrival of world leaders at Bharat Mandapam, commencing at 9:30 AM. At approximately 10:30 AM, the first session of the G20 Summit, themed 'One Earth,' will unfold.

(Reuters) — The British government has signed a partnership with Singapore to grow its economy and enhance shared security, Downing Street said on Friday, adding it was the UK's first treaty since leaving the European Union.

G20 summit under India's presidency have brightened with both the West and Russia signalling their backing despite persisting differences over the language on the Ukraine war. Both Russia and the West, including the European Union (EU), are hopeful of an agreed text at the end of the summit, being held in the capital on Saturday and Sunday, said people with knowledge of the matter. «The negotiations are moving towards a consensus on a declaration, but challenges still remain.

Digital asset exchange Coinbase sets out plans for a global expansion flagging jurisdictions outside the United States as “near-term priority markets.”

Charles Michel on Friday said the EU fully supported Prime Minister Narendra Modi's efforts to bridge the gap between the Global South and the Global North. He also said the EU supported India's efforts to build a consensus on a leaders' declaration for the G20 summit in New Delhi over the weekend. The comments came amid the G20's focus on addressing the challenges faced by the Global South under the Indian presidency. «I don't know if this is possible or not to have an agreement on a final communique, we will see. But we will defend our principles and will also support the efforts made by India,» Michel, who is here to attend the G20 summit, told a press conference. In response to a question by ET, Michel said the EU backed Modi's agenda for the Global South.