Coronavirus crisis dominates Saudi-hosted G20 ‘virtual’ summit | Malay Mail

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RIYADH, Nov 21 — Saudi King Salman opened the G20 summit today in a first for an Arab nation, with the virtual forum dominated by efforts to tackle the coronavirus crisis and the worst global recession in decades. G20 leaders, including US President Donald Trump who is refusing to concede a...

Projection of a ‘family photo’ for the annual G20 Leaders’ Summit onto Salwa Palace in At-Turaif, one of Saudi Arabia’s Unesco World Heritage sites, in Diriyah November 20, 2020. — Reuters pic

“Although we are optimistic about the progress made in developing vaccines, therapeutics and diagnostics tools for Covid-19, we must work to create the conditions for affordable and equitable access to these tools for all people,” said King Salman, the summit’s host. Despite having to abandon much of the usual summit pageantry, Saudi Arabia launched the meeting with an aerial acrobatics display over Riyadh.

But the group’s leaders face mounting pressure to help stave off possible credit defaults across developing nations. G20 nations must help plug the US$4.5-billion funding gap in the so-called ACT-Accelerator, Norway’s prime minister, South Africa’s president, the heads of the European Union and the World Health Organisation demanded in a joint letter to the group.‘Serious abuses’

 

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