G20 Leaders To Tackle Energy Prices, Other Economic Woes

Employees stand in front of La Nuvola (the cloud) convention center where the G20 summit is scheduled to take place in Rome, Thursday, Oct. 28, 2021. A Group of 20 summit scheduled for this weekend in Rome is the first in-person gathering of leaders of the world's biggest economies since the COVID-19 pandemic started.(AP Photo/Alessandra Tarantino)

(AP) — The global economy is giving leaders of the Group of 20 countries a lot to talk about at their summit this weekend in Rome. The presidents and prime ministers representing 80% of the global economy will confront a recovery hampered by an energy crunch that’s spurring higher fuel and utility prices, new COVID-19 outbreaks and logjams in supply chains. U.S. President Joe Biden has said he wants to press other leaders on high oil prices. One thing is set: leaders will sign off on a deal to enact a global minimum corporate tax that could help reap more money for governments that have increased spending on pandemic relief.


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