G20 Summit; West-Russia tension dominate discussion

By admin on 15/11/2014

Share on facebook Yahoo mail icon Gmail icon

Views: 1,792


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...
Lai Mohammed explains why Nigerians perceive him as...

PDP chieftain extols Ikpeazu’s Media Adviser on grading...

Civil war in camp 97% - Ochereome Nnanna...

2 arrested with corpse of 2-yr-old girl in...

Hurricane Maria threatens Caribbean

Buhari cancels FEC meeting

EXCLUSIVE: Boko Haram ‘funded through CBN’

Ikpeazu inaugurates minimum wage committee, restates commitment to...

Breaking: Robert Mugabe’s burial postponed indefinitely

We are committed to creating access to basic...

Don’t Give A Cent To Anybody To Import...

DSS arrest ex-Politics Editor of Daily Trust, Ibrahim...

 

 

Advertisement

 

Latest News Slain Portharcourt mechanic: Group demands CP's removal Nigerians in Diaspora can’t vote until we amend the Constitution – Gbajabiamila IPOB: We’ll protect our people against attacks Coronavirus: Nigeria faces drugs shortage -NAFDAC Female suspect arrested with human part in Osun Ihedioha: Supreme Court adjourns review till March 2 NNRC Launches Report on Nigeria Petroleum Sector Insurgency: Buhari is still popular and accepted in Borno - Femi Adesina JAMB registers 1.9 million UTME candidates 38th Matriculation Ceremony of Abia State University holds tomorrow, Feb 18

 

Most Read Islamic agenda for Nigeria – Pastor Bosun (26,719 views) 47 YEARS AFTER, HIS EXCELLENCY, COMMODORE EBITU UKIWE (Rtd) MAKES THE “OFO NDI IGBO” RECIPIENTS LIST (23,250 views) The show of shame that sealed Justice Uzokwe’s fate (18,469 views) Breaking News : Dr Okezie Ikpeazu resigns from Abia State Environmental Sanitation Agency (ASEPA). (9,828 views) Cojoined Twins Abby And Brittany Hensel Pose in Bikini (9,448 views) Abiriba Kingdom Celebrates as Eze Kalu Kalu Ogbu (IV) marks 14th year on the throne (9,027 views) Lawyers accuse Lagos Police of working for PDP (8,435 views) Ebola virus in Syria – Infecting ISIS members (8,275 views) Radio Biafra delivers AM Transmitter (8,202 views) ‘Why fuel scarcity persists’ (7,727 views)