G20 Finance Ministers Tackle Global Economic Challenges in Brazil

G7 nears announcement of Ukraine fund using frozen Russian assets, marking a significant step in Western support.

G20 finance ministers convened in Brazil to address global economic challenges, focusing on conflicts, climate change, and poverty.
The G7 is close to announcing a fund for Ukraine using profits from frozen Russian assets, highlighting Western support against Russia's invasion.
Optimism grows for a global economic 'soft landing', with improved forecasts due to disinflation and fiscal policies.
Deep divisions over the wars in Ukraine and Gaza persist, affecting the G20's ability to reach consensus on certain issues.
Brazil, holding the G20 presidency, emphasizes giving developing countries more voice and addressing global inequality and debt.