The Fort Worth Press - Geopolitical fractures and Ukraine worries sap G20 summit

USD -
AED 3.672501
AFN 66.379449
ALL 81.856268
AMD 381.46005
ANG 1.790403
AOA 916.999807
ARS 1450.46301
AUD 1.491335
AWG 1.80025
AZN 1.701649
BAM 1.658674
BBD 2.014358
BDT 122.21671
BGN 1.6605
BHD 0.377225
BIF 2957.76141
BMD 1
BND 1.284077
BOB 6.926234
BRL 5.521504
BSD 1.00014
BTN 89.856547
BWP 13.14687
BYN 2.919259
BYR 19600
BZD 2.011466
CAD 1.367605
CDF 2200.000162
CHF 0.788565
CLF 0.023065
CLP 904.84045
CNY 7.028497
CNH 7.00831
COP 3743.8
CRC 499.518715
CUC 1
CUP 26.5
CVE 93.513465
CZK 20.600099
DJF 177.72022
DKK 6.343725
DOP 62.690023
DZD 129.439777
EGP 47.548498
ERN 15
ETB 155.604932
EUR 0.84928
FJD 2.269198
FKP 0.740634
GBP 0.740975
GEL 2.685022
GGP 0.740634
GHS 11.126753
GIP 0.740634
GMD 74.496482
GNF 8741.153473
GTQ 7.662397
GYD 209.237241
HKD 7.776215
HNL 26.362545
HRK 6.397503
HTG 130.951927
HUF 330.138041
IDR 16729.15
ILS 3.186029
IMP 0.740634
INR 89.82965
IQD 1310.19773
IRR 42124.999685
ISK 125.699715
JEP 0.740634
JMD 159.532199
JOD 0.708965
JPY 156.015974
KES 128.950121
KGS 87.450303
KHR 4008.85391
KMF 418.000376
KPW 899.988547
KRW 1444.449781
KWD 0.307191
KYD 0.833489
KZT 514.029352
LAK 21644.588429
LBP 89561.205624
LKR 309.599834
LRD 177.018844
LSL 16.645168
LTL 2.95274
LVL 0.60489
LYD 5.412442
MAD 9.124909
MDL 16.777482
MGA 4573.672337
MKD 52.285777
MMK 2100.202105
MNT 3556.654488
MOP 8.011093
MRU 39.604456
MUR 45.950338
MVR 15.450116
MWK 1734.230032
MXN 17.93969
MYR 4.044978
MZN 63.910191
NAD 16.645168
NGN 1450.45052
NIO 36.806642
NOK 10.006865
NPR 143.770645
NZD 1.71416
OMR 0.384496
PAB 1.000136
PEN 3.365433
PGK 4.319268
PHP 58.787502
PKR 280.16122
PLN 3.57948
PYG 6777.849865
QAR 3.645469
RON 4.3252
RSD 99.566041
RUB 78.999707
RWF 1456.65485
SAR 3.750695
SBD 8.153391
SCR 15.233419
SDG 601.503383
SEK 9.171285
SGD 1.284155
SHP 0.750259
SLE 24.075017
SLL 20969.503664
SOS 570.585342
SRD 38.335501
STD 20697.981008
STN 20.777943
SVC 8.75133
SYP 11058.430888
SZL 16.631683
THB 31.069997
TJS 9.19119
TMT 3.51
TND 2.909675
TOP 2.40776
TRY 42.846202
TTD 6.803263
TWD 31.442303
TZS 2473.446968
UAH 42.191946
UGX 3610.273633
UYU 39.087976
UZS 12053.751267
VES 288.088835
VND 26320
VUV 120.842065
WST 2.78861
XAF 556.301203
XAG 0.013898
XAU 0.000223
XCD 2.70255
XCG 1.802508
XDR 0.691025
XOF 556.303562
XPF 101.141939
YER 238.45022
ZAR 16.6675
ZMK 9001.200226
ZMW 22.577472
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • JRI

    0.0600

    13.47

    +0.45%

  • NGG

    0.2500

    77.49

    +0.32%

  • BCE

    0.2800

    23.01

    +1.22%

  • RYCEF

    -0.0300

    15.53

    -0.19%

  • BCC

    1.4800

    74.71

    +1.98%

  • CMSD

    0.1200

    23.14

    +0.52%

  • GSK

    0.1100

    48.96

    +0.22%

  • RIO

    -0.0800

    80.89

    -0.1%

  • CMSC

    0.0100

    23.02

    +0.04%

  • RBGPF

    0.0000

    81.26

    0%

  • AZN

    0.3100

    92.45

    +0.34%

  • VOD

    0.0400

    13.1

    +0.31%

  • RELX

    -0.0400

    41.09

    -0.1%

  • BTI

    0.2000

    57.24

    +0.35%

  • BP

    -0.2700

    34.31

    -0.79%

Geopolitical fractures and Ukraine worries sap G20 summit
Geopolitical fractures and Ukraine worries sap G20 summit / Photo: © POOL/AFP

Geopolitical fractures and Ukraine worries sap G20 summit

The G20's role in fixing economic crises is threatened by geopolitical fractures, leaders warned Saturday at a summit in South Africa boycotted by the United States.

Text size:

European leaders attending the G20 summit -- the first held in Africa -- huddled on its sidelines to push back at a unilateral plan by US President Donald Trump aimed at ending the war in Ukraine on terms favouring Russia.

In a joint statement issued with Canada and Japan, they said Trump's plan needs "additional work" as it would leave Ukraine "vulnerable". They added that some of its points required "the consent of EU and NATO members".

Speaking at the opening of the summit, one of the statement's signatories, French President Emmanuel Macron, said: "We are struggling to resolve major crises together around this table."

He warned that, given fissures in international cooperation, "the G20 may be coming to the end of a cycle".

"There's no doubt, the road ahead is tough," agreed British Prime Minister Keir Starmer -- who also signed the statement -- adding: "We need to find ways to play a constructive role again today in the face of the world challenges."

Chinese Premier Li Qiang said "unilateralism and protectionism are rampant" and "many people are pondering what exactly is happening to global solidarity."

But the summit's host, President Cyril Ramaphosa, argued the G20 remained key for international cooperation.

"The G20 underscores the value of the relevance of multilateralism. It recognises that the challenges that we face can only be resolved through cooperation, collaboration and partnership," Ramaphosa said.

- Concern for Ukraine -

The G20 comprises 19 countries plus the European Union and the African Union, and accounts for 85 percent of the world's GDP and two-thirds of its population.

The Johannesburg summit was undermined by the American boycott, and China's Li stood in for an absent President Xi Jinping, while Russia sent a Kremlin official, Maxim Oreshkin, instead of President Vladimir Putin, who is wanted under an International Criminal Court warrant.

The leaders present adopted a summit declaration covering climate, energy, debt sustainability and a critical-minerals pact -- along with a joint call for a "just" peace in Ukraine, the Democratic Republic of Congo, Sudan and the "Occupied Palestinian Territory".

Following the opening ceremony, Starmer, Macron and German Chancellor Friedrich Merz rushed into a meeting to discuss Trump's plan for Ukraine, joined soon after by other leaders from Europe, Australia, Canada and Japan.

Afterwards all of them, except Australian Prime Minister Anthony Albanese, issued a statement saying the "draft" US plan had some "important elements" but "will require additional work".

"Borders must not be changed by force," they said, adding they were "also concerned by the proposed limitations on Ukraine's armed forces, which would leave Ukraine vulnerable to future attack".

- 'Progress' sought -

European Council President Antonio Costa said on X the leaders of all 27 EU nations would hold a follow-up meeting on Monday, on the sidelines of a European Union-African Union summit in Angola.

Security officials from Britain, France and Germany were to meet US and Ukrainian counterparts on Sunday in Switzerland to seek "progress" on the US plan, both Starmer and Macron said.

Macron, speaking to journalists, said a "coalition of the willing" of some 30 nations backing Ukraine would on Tuesday follow up with a video call to coordinate and "to take new initiatives".

Trump has said he wants Kyiv to accept his 28-point proposals -- which involve ceding territory to Russia and cutting the size of Ukraine's military -- by Thursday.

But it said it would send the US charge d'affaires at its embassy in South Africa on Sunday to accept the handover of the next G20 presidency.

Trump has said he intends to hold the 2026 summit at a Florida golf club that he owns.

T.Gilbert--TFWP