Energy ministers from the world's two largest oil producers, Russia and Saudi Arabia said on Monday that their countries had agreed to act together to lift the price of oil out of its two-year slump, though they provided few details as to how they planned to achieve that goal.
Argentine president Mauricio Macri announced in China that besides boosting and balancing bilateral trade and confirming the infrastructure and energy deals reached by his predecessor, Chinese tourists will no longer need visas to visit Argentina.
President Mauricio Macri got another big nod of support as US President Barack Obama highlighted him as one of the few national leaders setting an example for the world by going against a wave of protectionism gaining presence on a global scale, in a speech during the G20 conference.
China is hoping to cement its standing as a global power when it hosts leaders from the world's biggest economies this weekend, but suspects the West and its allies will try to deny Beijing what it sees as its rightful place on the international stage. Ensuring that this does not happen will be one of President Xi Jinping's priorities, and a key mark of how successful China will judge the G20 summit to be.
Argentine president Mauricio Macri is off to Hangzhou, China for this first G20 summit where he is expected to hold bilateral talks with the host Xi Jinping, Russia's Vladimir Putin, Germany's Merkel and probably UK prime minister Theresa May.
Brazil's political uncertainty must be resolved by the end of August -- its Olympic-hosting month -- by reaching a verdict in the impeachment trial of suspended President Dilma Rousseff, her interim replacement has said. Michel Temer, the vice president who has been acting head of state since May, said he expected Rousseff would be definitively booted from office. That would make him president until the next elections in 2018.