G20 Summit; West-Russia tension dominate discussion

By admin on 15/11/2014

Share on facebook Yahoo mail icon Gmail icon

Views: 1,299


The G20 Summit comprising of leaders from world's strongest economies has started in the Australian city of Brisbane, with the crisis in Ukraine expected to take the centre-stage.

 

The two-day summit,promises to be a showdown between Western leaders and Russian President Vladimir Putin, amid fresh reports of Russian troops pushing into eastern Ukraine.

 

British Prime Minister David Cameron, at a press conference in Canberra on Friday faulted Russia's actions as "unacceptable", while warning they could draw greater sanctions from the United States and the European Union.

 

Though Russia has denied sending troops and tanks into Ukraine, but increasing violence, truce violations and reports of unmarked armed convoys travelling from the direction of the Russian border have aroused fears that a shaky September 5 truce could collapse.

 

The G20 leaders summit in Brisbane is focused on boosting world growth, fireproofing the global banking system and closing tax loopholes for giant multinationals.

 

But with much of the economic agenda agreed and a climate-change deal signed last week in Beijing between the United States and China, security concerns are moving to the forefront.

 

Aside Ukraine, the crises in the Middle East seem to have overshadowed the economic agenda.

 

Australia is  also pushing for an increase in global growth targets of two percent by 2018 to create more of jobs.

 

The G20 comprises of 19 countries  including Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey and the United States - and the 28-member European Union.

 

The group accounts for 80 percent of world trade and 85 percent of global economic production.

 

Posted on November, 15 2014

Share on facebook Yahoo mail icon Gmail icon


You may also like...
All you need to know about AbiaSMS

Lassa Virus Hits Abuja

BREAKING: S'Court reserves Judgment for PDP leadership tussle...

Seized $9.3 million: Nigerian officials blame U.S. for...

CHIEF OF ARMY STAFF COMMENDS INSPECTOR GENERAL OF...

Unpaid salaries: Osun workers begin indefinite strike action...

Economy to experience slowdown in Q2 over delayed...

I joined Politics to address the issue of...

BBNaija: Again, Miracle wins N200,000 wager

MMM Nigeria unfreeze participants account, resumes operation

AFRIFF | THE FUN, LEARNING, AWARDS AND PARTIES...

Senate's Appeal will not stop my resumption -...
News Abia Election Special (3) Abia Supplementary Polls Update (18) Abia Supplementary Result update (22) Appointments (8) Breaking News (195) Business (40) Campus News (3) Crime (116) Economy (107) Education (122) Entertainment (144) Fashion and Style (3) General (799) Health (107) Inside Africa (40) International News (303) Interviews (28) National (1925) Politics (929) Press Releases (108) Religion (9) Security (127) Sports (431) Technology (24) World News (87)

 

 

Advertisement

 

Latest News NECO releases timetable for Nov/Dec exams Ortom to name school after late Ochanya 2019 Elections; Nigerian Media Charged on Professional Reportage Stop Using Sniper to Preserve Beans, Ogbeh Begs Traders Take a Cue from Buhari, Oshiomhole Tells Losers in APC Primaries Okorocha Replies Oshiomhole, Says APC Chairman is ‘Father of Nepotism’ EFCC Confirms Plan to Extradite Alison-Madueke JAMB to offer exceptional foreign nationals scholarships in 2019 Disobeying court order is corruption – Emir Executive asked us to cut MDAs’ budgets for 2019 elections – Senator

 

Most Read Islamic agenda for Nigeria – Pastor Bosun (23,761 views) The show of shame that sealed Justice Uzokwe’s fate (17,487 views) 47 YEARS AFTER, HIS EXCELLENCY, COMMODORE EBITU UKIWE (Rtd) MAKES THE “OFO NDI IGBO” RECIPIENTS LIST (15,836 views) Breaking News : Dr Okezie Ikpeazu resigns from Abia State Environmental Sanitation Agency (ASEPA). (7,526 views) Lawyers accuse Lagos Police of working for PDP (7,238 views) Radio Biafra delivers AM Transmitter (7,017 views) ‘Why fuel scarcity persists’ (5,960 views) Nurse Justina Obi Ejelonu, one of the nurses that contracted Ebola virus is dead!!! (5,660 views) Abiriba Kingdom Celebrates as Eze Kalu Kalu Ogbu (IV) marks 14th year on the throne (5,561 views) 2015: Abia’s plethora of governorship aspirants (5,424 views)