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Chinese President Xi Jinping said there is a need to improve global economic governance and build a world economy characterised by cooperation. We have developed the G20 comprehensive growth strategies and established a framework for strong, sustainable, balanced and inclusive growth. Addressing Session II of the 19th G20 Summit at Rio de Janerio, the Chinese President said, “We should stay committed to strengthening global economic partnerships, reinforcing macro policy coordination in fiscal, financial, monetary and structural reform policies in a bid to open up more possibilities for the global economy”. He said it is important to make good use of the G20 Finance Ministers and Central Bank Governors Meetings, let them serve as aballast for macro policy coordination, and foster an open, inclusive, and nondiscriminatory environment for international economic cooperation. As main creditors, international financial institutions and commercial creditors need to take part in debt reduction and suspension for developing countries and create a clean business environment by upholding a zero-tolerance stance against corruption and denying safe haven to corrupt officials and their assets. President Xi said, “It has been 16 years since the G20 Summit was launched. Over the years, we have worked in solidarity to steer the world economy on track. We have worked to face global challenges head-on, be it climate change or the Covid-19 pandemic, spearheaded technological transformation and kept renewing the G20’s responsibilities and missions.” Achievements The G20 needs to build on its past achievements and continue to act as a force to improve global governance and move history forward. We should observe the principles of the U.N. Charter and defend the international order based on international law. In light of the G20’s mandate, we could build greater international consensus in the economic, financial, trade, digital and eco-environmental fields to improve global governance and promote a multipolar world. He said, “We need to improve global financial governance and build a world economy characterised by stability. To increase the voice and representation of developing countries, the World Bank should carry out shareholding review and the International Monetary Fund should carry out quota share realignment in line with the agreed timeframe and roadmap. It is important to enhance the systems for financial risks monitoring, early warning and handling, reinforce cooperation in such areas as digital currency and taxation, and strengthen the global financial safety net. The G20 Sustainable Finance Roadmap should be implemented at a faster pace. ” “There is a need to improve global trade governance and build a world economy characterized by openness. We should place development at the center of the international economic and trade agenda, and steadily advance trade and investment liberalization and facilitation. We should press ahead with reforming the World Trade Organisation (WTO). We should work actively to keep the WTO rules relevant. Steps should be taken to improve global digital governance and build a world economy characterized by innovation. We should strengthen the function of the G20 Digital Economy Ministers’ Meeting, and let it play a leading role in digital transition, the deep integration of the digital economy and the real economy, and rules-making in emerging areas. We should step up international governance and cooperation on artificial intelligence (AI), to make sure that AI is for good and for all, not a game of the rich countries and the wealthy. China will hold another world AI conference in 2025 and welcomes the participation of fellow G20 members. Eco-friendliness We also need to improve global ecological governance and build a world economy characterized by eco-friendliness. We should honour the principle of common but differentiated responsibilities, and fully and effectively implement the Paris Agreement and the Kunming-Montreal Global Biodiversity Framework for the sake of man’s harmonious coexistence with nature. China stands ready to continue to deepen international cooperation with all sides on green infrastructure, green energy, green mining and green transport.Global security governance is part and parcel of global governance. The G20 should support the U.N. and its Security Council in playing a greater role, and support all efforts conducive to the peaceful settlement of crises. To deescalate the Ukraine crisis and seek a political settlement. China and Brazil, together with some other Global South countries, launched the group of ‘friends for peace’ on the Ukraine crisis, with the goal of bringing together more voices for peace.NoneNovember 23 - Hunter Sallis poured in 31 points and Wake Forest needed most of those in a 67-57 home victory against Detroit Mercy on Saturday at Winston-Salem, N.C. Davin Cosby had 11 points as the Demon Deacons (6-1) won their second straight since their only loss, which came a week earlier at Xavier. But it wasn't easy as the visiting Titans (3-3) were persistent as they trimmed a 19-point deficit to nine points with plenty of time remaining (5:54). Orlando Lovejoy led the Titans with 15 points and TJ Nadeau had 13 points and nine rebounds off the Detroit Mercy bench despite shooting 1-for-8 on 3-pointers. Jared Lary added 10 points. Wake Forest doubled up the Titans in 3-point production by making 10 compared to Detroit Mercy's five. But the Demon Deacons took more than half of their attempts (61) from beyond the 3-point arc (35). As a result, they were just 9-for-13 on free throws. The Titans also held a 48-31 advantage in rebounding. Some of that might have been attributed to the absence of Wake Forest center Efton Reid III, who has been dealing with migraines. Detroit Mercy trailed 36-23 at halftime, but Wake Forest couldn't put the Titans away. Sallis shot 12-for-18 from the field and made five 3-point shots. He ended up two points shy of his career-high mark. Sallis came through with clutch shots, including a 3-pointer to go up by 12 with 4:59 left. Cosby had three 3-pointers before hitting his lone 2-point basket with 3:33 left to push the lead back to 14. The Titans shot only 5-for-19 on 3-pointers and they checked in at 33.3 percent overall from the field. Detroit Mercy was charged with 14 turnovers compared to only five for Wake Forest. Detroit Mercy was coming off Wednesday night's victory at Ball State. That outcome marked the team's first true road triumph since February 2023, but the Titans couldn't duplicate it. --Field Level Media Our Standards: The Thomson Reuters Trust Principles. , opens new tab
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MOLLY-MAE Hague has shared a brand new update about her fashion brand Maebe. The social media star faced major backlash recently after fans were left disappointed at failing to get their hands on the pieces amid with Molly herself admitting stock issues were "frustrating". It caused her to tell her fans that she would be working hard to improve the brand's stock levels in the New Year but it appears as though the mum-of-one has managed to sort it earlier. In a new update on the Maebe Instagram account, it was revealed that the brand had THREE brand new T-shirts available for sale. The Power Tee comes in three different colours - Black, White and Wine , a deep red colour. The T-shirts are already available to purchase with Molly's fans likely desperate to get their hands on the garments amid the recent issues. The Love Island alum, 25, launched Maebe - her quality range of staples including boxy jackets, adjustable-waist jeans and short-sleeve knit tops - earlier this year. Huge fan demand saw the garments sell-out completely in 24 minutes - while others took aim at the price point and quality. Molly recently took to her Instagram comments section as fans talked of their struggles to get their hands on the garments , which combine comfort with style. One potential buyer put: "I've never been interested quite frankly. "It's very over-priced for what it is, but I genuinely just liked the set! "It's a rubbish experience, it's just a game of whoever can type the fastest or who has their details saved, most shops allow you a bit of time to check out." The YouTube star - who already owns fake tan brand Filter - then directly commented underneath. In a candid reply she wrote: "I couldn't agree with you more on the stock front, it's really frustrating. "Unfortunately I just didn't back myself enough when we planned these quantities a very long time ago. "I promise you this is something I am in total agreement with you on and it's something that in the New Year we will improve upon now that we have an understanding of the demand. "I'm really sorry you feel let down - I'm learning as I go and will make this a better buying experience for you as soon as we can." EVER since Molly-Mae Hague, 25, walked into the Love Island villa back in 2019, I’ve always been a mega fan. After hearing the news that she was coming out with a fashion brand, of course I was excited. But as much as I hate to admit it, I’m disappointed. I understand that she’s launched Maebe as a more high class brand. I know it’s not going to be Shein quality. But with prices varying from £35 to £140, I’m definitely not impressed. Maebe’s “ultimate blazer” is priced at an eye-watering £140, whilst a very simple, plain white tee is a whopping £35. Not only this, but the “contour popper top” is £50, and a seemingly boring white shirt will set you back a whopping £65. And if that wasn’t bad enough, £90 for a pair of jeans? I understand paying £50 for a pair of good quality denims, but £90?! That’s incredibly steep considering you can get Levi’s, a well-established brand that’s been going for donkey years, for just a tenner more. So, will I be buying anything from Maebe? The only thing I can say to that is Maebe (definitely) not. by Abigail Wilson, Senior Digital WriterFox News Flash top sports headlines are here. Check out what's clicking on Foxnews.com. Tampa Bay Buccaneers quarterback Baker Mayfield filed a lawsuit against his own father for $12 million stemming from an apparent contract issue with his dad's company. Mayfield accused his father's company, Canwood Capital, of transferring the money from Mayfield and his wife "without authorization" from 2018 to 2021. According to the lawsuit, the two parties reached a settlement in January in which Mayfield's father, James, would pay nearly all of it back, but Mayfield says he has not received any of it. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM Tampa Bay Buccaneers quarterback Baker Mayfield speaks at a news conference after an NFL football game against the San Francisco 49ers in Tampa, Fla., Sunday, Nov. 10, 2024. (AP Photo/Chris O'Meara) The first payment of $250,000 was due on Sept. 30, but Mayfield never got it, the suit says. "Once Plaintiffs began to uncover Defendants' misconduct and sought answers to explain the taking of their assets, Defendants attempted to obscure the relevant information, avoided Plaintiffs' inquiries, and invented fictional explanations for their actions..." the suit read . "It is now clear that Defendants had no intention of making Plaintiffs whole when they entered into the Settlement Agreement. To date, Canwood Capital has not repaid even one dollar under the Settlement Agreement, Defendants have failed to refinance their existing loan, and Defendants have not provided Plaintiffs with access to their books and records... In other words, Defendants have satisfied none of their obligations and have refused even to respond to Plaintiffs' outreaches about those breaches." Tampa Bay Buccaneers quarterback Baker Mayfield (6) passes against the San Francisco 49ers during the second half of an NFL football game in Tampa, Fla., Sunday, Nov. 10, 2024. (AP Photo/Chris O'Meara) RAMS RECEIVER DEMARCUS ROBINSON ARRESTED ON SUSPICION OF DUI HOURS AFTER LOSS TO EAGLES The Mayfields say they have "no choice" but to file this new lawsuit — nine pages long and files in U.S. District Court in the Austin Division of the Western District of Texas. Fox News Digital reached out to James Mayfield's company for comment. Mayfield is in his second season with the Buccaneers, succeeding on a one-year prove-it deal last year to earn himself a three-year, $100 million pact. Baker Mayfield #6 of the Tampa Bay Buccaneers celebrates after scoring a rushing touchdown against the New York Giants during the second quarter at MetLife Stadium on November 24, 2024 in East Rutherford, New Jersey. (Elsa/Getty Images) CLICK HERE TO GET THE FOX NEWS APP Mayfield's Bucs just walloped the lowly New York Giants , 30-7, when Mayfield admitted to making a "tribute" to Tommy DeVito with an Italian-hand gesture following a rushing touchdown. Follow Fox News Digital’s sports coverage on X , and subscribe to the Fox News Sports Huddle newsletter .
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LITTLE ROCK, Ark. , Dec. 19, 2024 /PRNewswire/ -- Forge Institute is proud to announce the launch of the Phoenix Xcelerator, a pioneering program designed to empower & grow startups across the defense and aerospace sectors. Through structured programming—including a rigorous high-quality curriculum, personalized mentorship, and coaching—the Phoenix Xcelerator advances industry-informed and mission-led innovation. The program is funded in-part through a grant from the Arkansas Economic Development Commission (AEDC). Why Arkansas ? Arkansas is home to over 178 aerospace and defense companies employing more than 10,900 people. Reports from federal sources highlight a decline in defense contractors, with the Department of Defense (DoD) vendors shrinking by 27.6% in the past decade. The Phoenix Xcelerator aims to reverse this trend, empowering startups to address defense challenges and reinforcing Arkansas's leadership in the sector. Arkansas's aerospace and defense exports, valued at over $850 million in 2023, represent 13% of the state's total exports, making them the top export category. Furthermore, the Little Rock Air Force Base reported a $1.38 billion economic impact in 2023. Major players like Lockheed Martin, Raytheon, and Dassault Falcon Jet have positioned the state as a hub for defense innovation, with the Phoenix Xcelerator serving as a launchpad for the next wave of industry leaders. Program Details The Phoenix Xcelerator offers a 12-week intensive program, guiding participants through business validation, go-to-market strategies, and development of minimum viable products (MVPs) or prototypes. Participants gain expertise in non-dilutive funding opportunities such as SBIR/STTR and other grant programs, as well as access to capital networks for sustained growth. Established companies receive support in maximizing intellectual property and evaluating dual-use markets. Key features include: Access to aerospace and defense prime contractors. Site visits to defense manufacturing facilities. Technical guidance on compliance, defense standards, and government procurement. Networking with industry veterans, government experts, and successful entrepreneurs. The program emphasizes emerging technologies like directed energy, artificial intelligence, cybersecurity, drones, ISR and other technologies, ensuring readiness for critical defense challenges. Apply Now The Phoenix Xcelerator team brings decades of expertise to guide startups toward impactful, scalable growth. Entrepreneurs and companies working on dual-use technologies are encouraged to apply, gaining unparalleled resources and opportunities to innovate within the defense sector. To apply now, visit www.forge.institute/phoenix-xcelerator SOURCE Forge InstituteTrump taps Rollins as agriculture chief, completing proposed slate of Cabinet secretaries
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FDA Grants IDE Approval for the Pivotal Trial of the JuxtaFlow® Renal Assist Device (RAD)
U.S. stocks closed at more records after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street. The S&P 500 rose 0.6% to reach another all-time high. The Dow Jones Industrial Average added 0.3% to its own record set the day before, while the Nasdaq composite rose 0.6% as Big Tech stocks helped lead the way. Stock markets abroad saw mostly modest losses, after President-elect Trump said he plans to impose sweeping tariffs on Mexico, Canada and China as soon as he takes office. U.S. automakers and other companies that could be hurt particularly by such tariffs fell. On Tuesday: The S&P 500 rose 34.26 points, or 0.6%, to 6,021.63. The Dow Jones Industrial Average rose 123.74 points, or 0.3%, to 44,860.31. The Nasdaq composite rose 119.46 points, or 0.6%, to 19,174.30. The Russell 2000 index of smaller companies fell 17.72 points, or 0.7%, to 2,424.31. For the week: The S&P 500 is up 52.29 points, or 0.9%. The Dow is up 563.80 points, or 1.3%. The Nasdaq is up 170.65 points, or 0.9%. The Russell 2000 is up 17.64 points, or 0.7%. For the year: The S&P 500 is up 1,251.80 points, or 26.2%. The Dow is up 7,170.77 points, or 19%. The Nasdaq is up 4,162.95 points, or 27.7%. The Russell 2000 is up 397.23 points, or 19.6%. Get any of our free daily email newsletters — news headlines, opinion, e-edition, obituaries and more.