G20 meets in Cape Town as US absence raises concerns over debt relief and global stability

G20 finance ministers and central bank governors are meeting in Cape Town, but several key members are absent. The US Treasury Secretary cited obligations in Washington, following the Secretary of State’s absence at a G20 meeting in Johannesburg. Meanwhile, African leaders are pushing for debt relief as defaults and rising living costs affect several nations. South Africa is using its G20 presidency to advance African interests, but shrinking foreign aid and US disengagement raise concerns. Critics question the G20’s relevance as major finance ministers skip meetings. Analysts warn of geopolitical shifts affecting global stability. South Africa aims to prioritise debt sustainability and energy transition, but reduced US support may hinder these efforts.

Om Podcasten

#AlJazeeraEnglish, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.'Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of #journalism that the world has come to rely on. We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected #news and #CurrentAffairs channels.