Cape Town, South Africa – Several Finance Ministers on Wednesday abandoned a gathering of 20 top economies in South Africa, and other top officials curbed visits for a meeting for a meeting due to controversies over the main issues of climate, debt and inequality. Agreen a declaration has always been difficult for a gathering consisting … Read more
Zurich – The Financial Stability Board (FSB) on Wednesday made recommendations to governments to reduce risks around hedge funds, insurers and other non-bank financial intermediaries, which now account for almost half of global financial assets. The sector of non-bank financial intermediation is projected to grow by nearly 130% between 2009 and 2023, according to the … Read more
After the first day of the G-20 Summit taking place today in the Brazilian city of Rio de Janeiro, the Government of Javier Milei announced that it signed the group’s declaration, but with reservations. This highlights his rejection of the provisions related to the United Nations (UN) 2030 Agenda. The signing of the declaration of … Read more