The G20 represents almost 85 per cent of the global GDP, about two-thirds of the world population and over 75 per cent of the global trade.
G20 Summit 2022 in Bali Live Updates: The first day of the 17th G20 Summit kicked off in Bali, Indonesia, on Tuesday. It is expected that the US and other West allies will pressure Russia to end the Ukraine war, pinning painfully high global food and fuel prices squarely on Vladimir Putin. On the eve of the talks, several countries blamed his eight-month-old war for the global economic tumult. Even Russia’s ally China issued a subtle rebuke, with President Xi Jinping voicing opposition to the use of nuclear threats and weapons in Ukraine, according to a White House account of a meeting with US President Joe Biden. While Putin has decided to skip the summit, Ukrainian President Volodymyr Zelensky will address G20 leaders in a video message.