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Tag Archives: G20

South Korea hit badly by coronavirus spread

China reported another fall in new coronavirus infections outside of its epicenter on Sunday, but world health officials warned it was too early to make predictions about the outbreak as new cases and fears of contagion increased elsewhere. China’s health commission confirmed 648 new infections – higher than a day …

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IMF warns coronavirus will retard world economic growth

The fast-spreading coronavirus outbreak will likely lower China’s economic growth this year to 5.6%, down 0.4 percentage points from its January outlook, and shave 0.1 percentage points from global growth, the IMF said on Saturday. International Monetary Fund Managing Director Kristalina Georgieva presented the outlook to central bankers and finance …

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Japan offers to help Saudi non-oil economy

Japanese Prime Minister Shinzo Abe on Sunday praised Saudi Arabia’s efforts to reduce its dependence on oil and promised Crown Prince Mohammed bin Salman that Japan will help the kingdom with a sweeping reform plan. “Saudi Arabia’s ‘Vision 2030’ is an unprecedented major reform aimed at shifting away from dependence …

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Dutch Queen in controversial meeting with MBS

A United Nations official on Saturday joined Dutch lawmakers in criticizing Queen Maxima over a meeting she held with Saudi Crown Prince Mohammed bin Salman on the sidelines of the G-20 summit in Osaka this week. U.N. rapporteur on extrajudicial executions Agnes Callamard told newspaper Algemeen Dagblad it was “more …

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