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G20 to discuss post-pandemic world, back debt relief – Reuters

BRUSSELS (Reuters) – Leaders of the 20 biggest economies on Saturday vowed to ensure a fair distribution of COVID-19 vaccines, drugs and tests around the world and do what was needed to support poorer countries struggling to recover from the coronavirus pandemic.

We will spare no effort to ensure their affordable and equitable access for all people, consistent with members commitments to incentivize innovation, the leaders said in a draft G20 communique seen by Reuters. We recognise the role of extensive immunization as a global public good.

The twin crises of the pandemic and an uneven, uncertain global recovery dominated the first day of a two-day summit under the chairmanship of Saudi Arabia, which hands off the rotating presidency of t…

Read the full article at: https://www.reuters.com/article/uk-g20-saudi/g20-to-discuss-post-pandemic-world-back-debt-relief-idUSKBN28102Q

Category: Debt HelpBy Insolvency GuardianNovember 22, 2020

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G20 to discuss post-pandemic world, back debt relief – Reuters

By Jan Strupczewski

4 Min Read

BRUSSELS (Reuters) – Leaders of the 20 biggest economies (G20) are debating this weekend how to distribute COVID-19 vaccines, drugs and tests around the world so that poorer countries are not left out as nations look for ways to manage a post-coronavirus recovery.

“Family Photo” for annual G20 Summit World Leaders is projected onto Salwa Palace in At-Turaif, one of Saudi Arabia’s UNESCO World Heritage sites, in Diriyah, Saudi Arabia, November 20, 2020. REUTERS/Nael Shyoukhi

The leaders are holding a two-day virtual meeting via video-conference due to the pandemic, under the chairmanship of Saudi Arabia, which holds the rotating presidency of the G20 until the end of November.

The COVID-19 pandemic, which will t…

Read the full article at: https://www.reuters.com/article/g20-saudi/g20-to-discuss-post-pandemic-world-back-debt-relief-idUSL8N2I63MN

Category: Debt HelpBy Insolvency GuardianNovember 21, 2020

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G20 to discuss post-pandemic world, back debt relief – Reuters

By Jan Strupczewski

4 Min Read

BRUSSELS (Reuters) – Leaders of the 20 biggest world economies (G20) will debate this weekend how to deal with the unprecedented COVID-19 pandemic that has caused a global recession and how to manage the recovery once the coronavirus is under control.

“Family Photo” for annual G20 Summit World Leaders is projected onto Salwa Palace in At-Turaif, one of Saudi Arabia?s UNESCO World Heritage sites, in Diriyah, Saudi Arabia, November 20, 2020. REUTERS/Nael Shyoukhi

High on the agenda are purchases and global distribution of vaccines, drugs and tests for low income countries that cannot afford such expenses themselves. The European Union will urge the G20 on Saturday to invest $4.5 billion to help.

The main theme wil…

Read the full article at: https://www.reuters.com/article/g20-saudi/g20-to-discuss-post-pandemic-world-back-debt-relief-idUSKBN28102O

Category: Debt HelpBy Insolvency GuardianNovember 21, 2020

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