Hopes of coordinated global response are low as countries tackle own national crises
After weeks of inaction and division, the leaders of the G20 major economies will hold an emergency video-conference summit to discuss the coronavirus pandemic, but hopes of a coordinated global response remain low.
The summit on Thursday, nominally hosted by Saudi Arabia as this year’s G20 chair, is likely to agree to fresh practical measures aimed at preventing a repeat of the disjointed approach to Covid-19. But an expected call for a coordinated large-scale monetary and fiscal stimulus is unlikely to extend beyond general rhetoric.
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