Monday, February 15, 2021

White House News (白宮消息) | Feb. 16, 2021

 2 - White House News in Chinese (weebly.com)







The Group of Seven (G7is an intergovernmental organization consisting of CanadaFranceGermanyItalyJapan, the United Kingdom and the United States. The heads of government of the member states, as well as the representatives of the European Union, meet at the annual G7 Summit.

As of 2018, the G7 represents 58% of the global net wealth ($317 trillion),[1] more than 46% of the global gross domestic product (GDP) based on nominal values, and more than 32% of the global GDP based on purchasing power parity. The seven countries involved are also the largest IMF-advanced economies in the world.     source from Wikipedia



G7 summit 2021

Date Published on Dec. 8, 2020
Prime Minister Modi was invited by his British counterpart, Boris Johnson to attend the UK-hosted G7 summit to be held in 2021. India is one of the three guest nations alongside South Korea and Australia. The invitation is in line with the UK government’s intension to work alongside like-minded democracies to address common challenges. This year, the grouping is expected to become D10 following its expansion to include 10 democracies.

What is D10 Group of Countries?
The D10 Group of Countries was proposed by United Kingdom. Britain has proposed the formation of D10 by including G7 countries along with India, Australia and South Korea. D10 stands for ten biggest Democracies of the world. D10 is being formed as an alternate to 5G equipment and technologies to avoid the reliance on China’s Huawei. It aims to create alternative suppliers of 5G equipment and other technologies avoiding reliance on China.

About G7
G7 was formed to discuss the political and economic concerns prompted during oil crisis of 1973. It is a group of seven most industrialised countries of the world namely, US, UK, France, Germany, Italy, Japan and Canada. It was earlier called G8. It was renamed as G7 after Russia stepped out of the group in 2014. These countries hold the largest gold reserves and are the top contributors of United Nations Funds. Every year, the summit is hosted by one of the members. The hosting members shall invite three more guest countries on its will. This year, UK has invited India, Australia and South Korea.

Background
India and UK are currently putting their efforts to boost their bilateral relationship. This comes at a time when there is a downward side in China-UK relations. The relations between UK and China have slid to the most confrontational levels mainly because of the recent National Security Law imposed by the latter on Hong Kong. Another major irritant between the countries is the decision of UK to ban Huawei 5G Network services.     source


Biden to join virtual G7 event with global leaders on Covid-19 efforts
The US President will address the G7 meeting on the pandemic and vaccination distribution.


Feb. 15 - US PRESIDENT JOE Biden will speak at a virtual meeting of the world’s major economies on Friday to discuss the coronavirus pandemic and global vaccination distribution, according to the White House.

Biden is expected to speak about the need for a global response to the pandemic and to recommit the US to multi-lateral engagement, a stark contrast from President Donald Trump, who developed an isolationist foreign policy that saw the US withdraw from major global agreements and alliances...

...On the same day, Biden is set to participate in a “special edition” of the Munich Security Conference, a gathering of global leaders focused on defence.     source


U.S. tells G7 that it is back at the table to help with global recovery

Feb. 13 - WASHINGTON/LONDON (Reuters) - U.S. President Joe Biden's administration told allies on Friday it was re-engaging with them to help steer the global economy out of its worst slump since the Great Depression, a contrast with the go-it-alone approach of Donald Trump.


U.S. Treasury Secretary Janet Yellen told her peers from the Group of Seven rich democracies that Washington was committed to multilateralism and "places a high priority on deepening our international engagement and strengthening our alliances."     source





President Donald J. Trump and Indian Prime Minister Narendra Modi stand together on stage before a cheering crowd at the Namaste Trump Rally Monday, Feb. 24, 2020, at the Motera Stadium in Ahmedabad, India.
US And India: The Nexus Between Identity Politics And Economic Achievements – OpEd

Feb. 16 - According to official estimates, Donald J. Trump obtained a little more than 74 million votes in the November 2020 presidential election losing to Joseph Biden who secured a little more than 81 million votes. Biden won by a comfortable margin, but Trump also performed remarkably well. What explains his performance? Analysis of his performance may reveal the growing influence of a certain combination of forces that may shape elections in not only the United States but also in other parts of the world in the coming years.

Considering that most of the popular media channels, many established business outfits, professional groups, women’s organisations and youth movements were against Trump, how did he succeed in harnessing so much support? Let us not forget that more than the media and various entities, Trump’s failure to handle the coronavirus epidemic which resulted in tens of thousands of deaths and spiralling infections eroded considerably his support base...     more to read

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