Brazil Again to Chair G-20 in 2024 After Sixteen Years

G-20 representatives had been meeting once a year since 1999, but experts point to 2008, when the meetings took place in São Paulo, as the group's true take-off. The institution was founded in the late 1990s as a reaction to the crisis that erupted in Asia and ultimately contaminated the entire world.

RIO DE JANEIRO, BRAZIL - Sixteen years later, Brazil will once again preside the group of the world's 20 largest economies (G-20). The last time the country chaired the group was in 2008, at the height of the international financial crisis, which ultimately strengthened the multilateral body and is, to this day, considered a milestone in its existence for the way it quickly and jointly dealt with the instability.

According to the G20 leaders' press release on Sunday, November 22nd, Brazil will host the group in 2024. Currently, the group is chaired by Saudi Arabia - which for the first . . .

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