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G20 Nations
The G20 or Group of 20 is an intergovernmental forum comprising 19 sovereign countries, the European Union (EU), and the African Union (AU). It works to address major issues related to the global economy, such as international financial stability, climate change mitigation and sustainable development, through annual meetings of Heads of State and Heads of Government. The sovereign states of the G20 (without its international members, like the EU or AU) account for around 85% of gross world product (GWP), 75% of international trade, 56% of the global population, and 60% of the world's land area. Including the EU and AU, the G20 comprises 78.9% of global population and 83.9% of global CO2 emissions from fossil energy. The G20 was founded in 1999 in response to several world economic crises. Since 2008, it has convened at least once a year, with summits involving each member's head of government or state, finance minister, or foreign minister, and other high-ranking officials; ...
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2024 G20 Rio De Janeiro Summit
The 2024 G20 Rio de Janeiro summit (Português, Portuguese: ''Cúpula do G20 Rio de Janeiro 2024'') was the List of G20 summits, nineteenth meeting of G20, Group of Twenty (G20), a Heads of State and Government meeting held at the Museum of Modern Art, Rio de Janeiro, Museum of Modern Art in Rio de Janeiro from 18–19 November 2024. It was the first G20 summit to be hosted in Brazil. Additionally, It marked the first full G20 summit with the African Union as a member, following its inclusion during the previous 2023 G20 New Delhi summit, summit in 2023. Presidency The Brazilian presidency officially started on 1 December 2023, with President Luiz Inácio Lula da Silva as chair, under its theme being ''Building a Just World and a Sustainable Planet''. The next G20 summit is scheduled to be hosted in Johannesburg, South Africa, in 2025. Agenda priorities G20 Brazil set three main agenda priorities for the G20 dialogue in 2024: * Social inclusion and the fight against hunger ...
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World Economy
The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production (economics), production, consumption (economics), consumption, management, economic management, Work (human activity), work in general, financial transactions and trade of goods and services. In some contexts, the two terms are distinct: the "international" or "global economy" is measured separately and distinguished from national economies, while the "world economy" is simply an aggregate of the separate countries' measurements. Beyond the minimum standard concerning value in production, use and exchange, the definitions, representations, models and valuations of the world economy vary widely. It is inseparable from the geography and ecology of planet Earth. It is common to limit questions of the world economy exclusively to Economics, human economic activit ...
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