G20 summit in Brazil: Whats on the agenda, and why it matters | Business and Economy News [Video]

Leaders from the world’s largest economies are gathering in Brazil for the G20 summit that kicked off on Monday.

Chinese President Xi Jinping and United Kingdom Prime Minister Keir Starmer are some of the prominent world leaders expected to attend. Russian President Vladimir Putin will not be attending the gathering in Rio de Janeiro.

As countries debate global policy strategies, they will have to take into account challenges such as an incoming Donald Trump administration in the United States, Israel’s war on Gaza and the war in Ukraine.

Here is all to know about the event:

The Group of 20 (G20) is a bloc of 19 of the world’s largest economies and the European Union. The African Union also joined in 2023.

The member countries are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkiye, the UK and US. Spain is part of the G20 as a permanent guest.

The G20 was …