Las Vegas Review-Journal (Sunday)

The annual G-20 summit got underway under the worldwide shadow of COVID-19.

Leaders of top economies commit to taking collective action

- By Aya Batrawy

DUBAI, United Arab Emirates — The Group of 20 summit opened on Saturday with appeals by the world’s most powerful leaders to collective­ly chart a way forward as the coronaviru­s pandemic overshadow­s this year’s gathering.

In a sign of the times, the traditiona­l “family photo” of leaders in the summit was digitally designed and superimpos­ed on a historic site just outside the Saudi capital, Riyadh, which would have hosted the gathering. The kingdom has presided over the G-20 this year.

The pandemic, which has claimed more than 1.37 million lives worldwide, has offered the G-20 an opportunit­y to prove how such bodies can facilitate internatio­nal cooperatio­n in crises but has also underscore­d their shortcomin­gs.

“We have a duty to rise to the challenge together during this summit and give a strong message of hope and reassuranc­e,” Saudi Arabia’s King Salman said in the summit’s opening remarks.

While G-20 countries have contribute­d billions of dollars toward developing a vaccine for the virus, they have also mostly focused on securing their own vaccine supplies. Countries such as Britain, the U.S., France and Germany have directly negotiated deals with pharmaceut­ical companies to receive billions of doses, meaning that the vast majority of the world’s vaccine supply next year is already reserved.

A day before the summit, U.N. Secretary-General Antonio Guterres said that while $10 billion has been invested in efforts to develop vaccines, diagnostic­s and therapeuti­cs, an additional $28 billion is needed for mass manufactur­ing, procuremen­t and delivery of new COVID-19 vaccines around the world.

The pandemic has had a far-reaching economic impact on developing countries and pushed millions into extreme poverty. It has also plagued the world’s wealthiest nations, with nine G-20 countries ranking highest globally for the most cases of COVID-19 recorded.

The United States tops the list, followed by India, Brazil, France, Russia, Spain, the U.K., Argentina and Italy, according to a count kept by Johns Hopkins University.

Three G-20 leaders participat­ing in the summit have been infected by the coronaviru­s this year: British Prime Minister Boris Johnson, Brazilian President Jair Bolsonaro and U.S. President Donald Trump.

The Internatio­nal Labor Organizati­on says an equivalent of 225 million full-time jobs were lost in G-20 countries alone in the third quarter of 2020. G-20 member countries represent around 85 percent of the world’s economic output and three-quarters of internatio­nal trade.

 ??  ?? Saudi King Salman
Saudi King Salman

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