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G20 summit opens amid sluggish growth, trade
“The one thing that we have to ensure we do is to move in concert with other countries, because there is always a danger that if one. acts unilaterally, that it’s not just a matter of a USA company being impacted, but it may also have an impact in terms of our ability to collect taxes from that same company”, Obama said.
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According to the South Korean military, Pyongyang launched the missiles at around 4:00 CET.
“The most intense work is continuing”, Ryabkov said.
The interview came as Putin and Obama met for bilateral talks on the sidelines of the Group of Twenty (G20) summit in the Chinese city of Hangzhou on Monday.
Hangzhou (China), Sep 5: The 11th G20 Summit ended here on Monday, reaching extensive consensus on pursuing innovative, invigorated, interconnected and inclusive world economic growth.
Russian President Putin is quoted as saying the Syrian conflict can only be resolved through political means.
A cease-fire agreed in February with the backing of the USA and Russian Federation collapsed amid allegations of truce violations.
G20 leaders are very anxious about the protectionist tendency, as these countries have bet on worldwide trade as a way of integrating the global economy, and “their concern is well founded”, Leon-Manriquez said.
The economy is recovering, but growth has been weaker than expected and downside risks remain, the communique said.
“Growth drivers from the previous round of technological progress are gradually fading, while a new round of technological and industrial revolution has yet to gain momentum”.
Speaking at a news briefing, Lukash noted that the most important result of the summit was that it embarked on encouraging the world economy development in the long run for the first time, instead of paying a lot of attention to “short- and medium-term incentives”.
China, as the world’s second largest economy and host of the summit, has put forward a solution to the lackluster global economy, which calls for an end to unsustainable growth, presses ahead with structural reform, and encourages innovation and entrepreneurship.
Following Obama’s meeting with Putin, an official said the leaders indicated a desire for Kerry and Lavrov to reconvene deliberations in the coming days.
“We should turn the G20 group into an action team, instead of a talk shop”, he said.
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“M$3 y instructions to Secretary Kerry and Mr Putin’s instructions to [Foreign Minister] Mr Lavrov were to keep working at it over the next several days”, the United States leader told the media.