No single issue is likely to dominate the Group of 20 meeting this weekend in India–except perhaps India itself. Prime Minister Narendra Modi sees the moment as symbolic of the nation’s rising profile as it aspires to become the fulcrum between Washington and Beijing. As such, Modi is raising his voice as a representative of “Global South,” asking rich nations to scale back demands that the developing world slash greenhouse gas emissions. At the summit, there is to be a commitment by members to triple renewable energy capacity by 2030, but likely with the usual vague language that winks at.......

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Leaders of the Group of 20 nations are meeting this weekend in New Delhi, and they’re set to issue a communique telling the world that economic uncertainty remains high—thanks in part to “cascading crises” that have presented obstacles to long-term growth. More darkly, the group will warn that the balance of risks to the global outlook is tilted to the downside. The International Monetary Fund warned in April that its outlook for global growth over the next five years was the weakest in more than three decades, and urged nations to avoid economic fragmentation caused by geopolitical tensio.......

포기하고 싶은 바로 그 순간 겨울 동안 기르고 수확한 보리가 어느덧 바닥을 보이려 합니다. 이제 곧 다가올 보릿고개를 넘기 위해서는 빨리 모내기를 마쳐야 하지만, 메마른 땅에는 봄이 되어도 비가 오지 않고 논바닥은 쩍쩍 갈라지기만 합니다. 가족의 배고픔을 누구보다 잘 아는 농부는 말라비틀어지는 논에 계속 괭이질합니다. 아무리 힘들어도 마른논을 갈고 또 갑니다. 괭이를 휘두르는 농부의 손이 부르트고 쏟아지는 땡볕에 얼굴에 주름이 더욱 깊어집니다. 누가 봐도 농부의 행동은 쓸모없어 보였습니다. 물도 없는 논을 힘들게 파헤쳐 봤자 무슨 의미가 있는 것일까요? 하지만, 천둥소리와 함께 비가 쏟아져 내리면 온 식구가 뒤늦은.......

Not so long ago, China was seen as the inevitable paramount economic power to a fading, fractured America. Now some aren’t so sure anymore. As Xi Jinping struggles to contain the fallout from China’s suite of deepening crises, US and other Group of Seven nations increasingly see evidence that these structural problems may indicate China has already peaked—creating an opening for the West against a weakening geopolitical competitor. “The conventional wisdom seems to be flipping from a concern with the unstoppable rise of Chinese power to a worry about the irrevocable decline of China’s eco.......

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US inflation has been slowing for some time now, buckling under the weight of near-incessant Fed rate hikes. With employment remaining muscular, many economists have either pushed back their so-far incorrect recession predictions or fallen entirely into the arms of a soft landing. But the strength of consumer spending—which rose 0.6% in July—is presenting fresh concern for policymakers hoping to put a final stake in inflation’s heart. So the big question among investors is less about when or if a downturn might occur, but more specifically when the central bank might start to reverse course.......