European leaders will pursue a last-ditch effort to improve the global trade system during the meeting of the Group of 20 most powerful nations in Buenos Aires (Argentina) later this week, as the dispute between US and China risks breaking the multilateral framework.
In the tenth anniversary of the G20, the outlook for the upcoming meeting is “rather bleak”, admitted the presidents of the European Commission and the European Council, Jean-Claude Juncker and Donald Tusk.
The reason is not only that the leaders will meet on Friday and Saturday once again in a city taken by protesters and rioters.
In addition to anti-G20 demonstrations, the IMF bailout and the Libertadores Cup final between the local teams of River Plate and Boca Juniors triggered a wave of protests and riots in the Argentinian capital.
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