Asia-Pacific Economic Cooperation

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), stated at the Asia-Pacific Economic Cooperation (APEC) summit in Lima, Peru, on November 15 and 16 that inflation is decreasing across the US, Europe, and Asia. She noted that this reduction has occurred without triggering a recession, unlike previous inflation spikes.

Russian President Vladimir Putin praised Vietnam for its diplomatic approach to Ukraine during his visit to Hanoi, which followed his recent trip to North Korea.

President Joe Biden is gearing up for a pivotal engagement with Chinese President Xi Jinping, emphasizing the pivotal goal of reestablishing normalized and consistent communication channels between the United States and China.

The presidents of the United States of America and China, Joseph Biden and Xi Jinping, will meet today at the Filoli estate, 30 miles south of San Francisco, where they will discuss bilateral and global issues for about four hours, sources familiar with the plan of the meeting told the Voice of America (VOA).

The United States and China are the two global economic heavyweights. Combined, they produce more than 40 percent of the world's goods and services.

So when Washington and Beijing do economic battle, as they have for five years running, the rest of the world suffers, too.

U.S. President Joe Biden and Chinese President Xi Jinping will hold their first meeting in nearly a year next week on the sidelines of the APEC summit in San Francisco, officials from the rival superpowers said Friday.

Spain proposed the 25th International Conference on Climate (COP 25) to be held in Madrid, Chilean President Sebastian Pinera announced today, cited by France Press.

Chile will host the UN conference scheduled for December, but yesterday Pinera said the country is refusing to organize the forum because of the social crisis it is experiencing, BTA reported.

US President Donald Trump has announced that a new trade agreement with China will be signed shortly. Where this happens will be announced soon.

Under the plan, the partial trade deal, known as phase one, was due to be signed at the APEC regional summit, which Chile canceled on Wednesday because of a riot in the capital, Santiago.

US President Donald Trump has said that heavy sanctions imposed on Russia should not become a barrier for future friendly cooperation between the two nations, adding that cordial international relations would be likely to help resolve the North Korean threat and many other global issues.

Vladimir Putin and Donald Trump agreed on a joint statement on Syria on Saturday saying that a political solution was needed instead of military intervention, the Kremlin said.
The announcement, made after the two presidents met several times at the Asia-Pacific Economic Cooperation (APEC) summit, said they had agreed to work together to defeat Islamic State.