Theresa May could face a diplomatic row with China at the G20 summit as she arrives for her first meeting with Xi Jinping, without having approved Beijing’s involvement in UK nuclear projects.
The International Monetary Fund (IMF) has called for the leaders of the world’s leading economies to make a positive case for globalisation after voicing concern that prolonged slow growth and rising inequality is eroding support for free trade and open markets.
Bank of England boss Mark Carney has accused the G20 of failing to adopt measures to boost global growth as he defended central banks and their power to play a role in stimulating economic growth following attacks from critics who say they have run out of ammunition.
David Cameron travelled as planned to the G20 summit in Antalya, Turkey, in the early hours of Sunday.
David Cameron is to hold his first bilateral talks with Vladimir Putin at the G20 summit in Turkey, where he will seek to persuade the Russian president that his country’s bombing campaign in Syria is only going to prolong the conflict.
The recent turmoil in financial markets and the struggling Chinese economy could combine to hit global economic growth this year and force central banks to keep interest rates low, the International Monetary Fund has said ahead of a meeting of G20 finance ministers in Ankara this weekend.
The world's 30 biggest banks will have to issue more than $500 billion in bonds to comply with proposed global rules aimed at shielding taxpayers from the risk of future banking failures, credit rating agency Standard & Poor's (S&P) said on Tuesday.