
The United States is this year's host of the Group of 20 major economies and Trump has promised a grandiose summit in December.
At a grand G20 ceremony in Delhi, India unveiled its most ambitious trade corridor. Halfway across the world, forces beyond its control are now derailing that vision.
India's real gross domestic product (GDP) is likely to expand 6.4 per cent in fiscal 2026-27 -- the fastest among G20 economies -- driven by strong domestic consumption and policy measures, a new report has said.
The past year was one of the most momentous in recent times, made so by the arrival of a US president who is bent on transforming the world to his own image.
The move may also reflect President Donald Trump's approach of prioritizing bilateral engagement over increasingly complex multilateral gatherings.
The restructuring of G20 reflects Trump's transactional worldview and his administration's impatience with multilateral forums that require consensus-building with developing economies.
South Africa said Thursday it was prepared to wait out next year's G20 after being barred by the United States and did not expect other countries to lobby for its inclusion.
US President Donald Trump has said that South Africa will not be invited to the 2026 G20 Summit in Miami
President Donald Trump said that he is barring South Africa from participating in the Group of 20 summit next year in Miami and will "stop all payments and subsidies" to the country over its treatment of a US government representative at the event.
South African President Cyril Ramaphosa said that his country has learnt a lot from India about hosting the G20.


