"India's G20 presidency coming at a time of crisis and chaos in the world. The world is going through the after-effects of disruptive once-in-a-century pandemic, conflicts and a lot of economic uncertainty. The symbol of the lotus in the G20 logo is a representation of hope in these times," said Indian Prime Minister Narendra Modi.

India heads towards G20 presidency; to host summit in 2023

China has unveiled a new rescue package to aid its declining real estate market. This comes after the country is facing a deepening liquidity crunch. China's top financial regulators issued a joint notice to banks across the country. They laid out a plan to ensure these stable and healthy development of the property sector.

China's new rescue package for real estate market; latest notice includes 16 measures

Let us take a look at stories generating interest across WION's social media channels.

Trending on WION: Children in Columbia school pass out after playing Ouija board game

"In the past, G20 has got the world out of financial crisis, it has got the world to manage global debt, it has created the Financial Stability Board (FSB), it has taken action during Covid, and this is one body that is capable of taking action on behalf of he world and the objective is to get everyone around the world to a consensus," says India's Sherpa for G20, Amitabh Kant.

'G20 is one body which is capable of taking action on behalf of world,' says India's Sherpa for G20

Japan and South Korea are set to hold their first official talks in almost three years on Sunday. Japan's Prime Minister Fumio Kishida and South Korean President Yoon Suk-yeol will meet in Cambodia on the sidelines of the ASEAN summit. Both countries have shown willingness to bolster bilateral ties in recent times.

South Korea, Japan set to hold first official talks in almost three years

Pakistan Prime Minister Shehbaz Sharif in London to meet his elder brother & former PM Nawaz Sharif, but this is not a usual visit, according to sources, the Sharif brothers met to discuss the appointment of new Army Chief later this month. Former Prime Minister Imran Khan also questioned the purpose of this trip.

Pakistan Prime Minister Shehbaz Sharif in London to meet his elder brother & former PM Nawaz Sharif

It has been two days since Russia announced that it has completed its withdrawal from the Kherson region and there have been fresh non-stop celebrations in Ukraine. People across the country have been celebrating the retreat of the Russian troops. The Ukrainian forces who entered the city of Kherson were warmly greeted by the residents.

Russia-Ukraine War: Celebrations in Kherson continue; residents greet Ukrainian troops with flowers

China is witnessing yet another Covid surge, the country reported 14,878 cases in the last 24 hours. China also witnessed record number of daily cases in Beijing, Guangzhou and Zhengzhou. Beijing recported a record 235 cases, this is up from 116 the day prior.

China's Covid woes continue, country reports 14,878 cases in 24 hours

Meta owner told its employees that the company would stop developing smart displays and smart watches. Adding that, nearly half of the 11,000 job cuts were technology roles.

Facebook parent to combine voice, video unit with messaging teams

The Walt Disney Company is planning to freeze hiring and to cut some jobs. This comes as the company strives to move the Disney plus streaming service to profitability against a backdrop of economic uncertainty.

Disney moves to cut jobs to pull Disney+ to profitability

The summit of the Association of South East Asian Nations has kicked off in Cambodia. The three-day summit in the Cambodian capital will also include the East Asia Summit. This time the ten nation bloc faces a multitude of issues, including the crisis in Myanmar.

G20 Summit 2022: Widespread discomfort due to Russia's presence in the Summit

Japanese pet lovers gathered in Tokyo for a unique ceremony. The traditional event merged the world of animals and robots.

Japan: Ceremony to celebrate growth of children, dog owners pray for health of mechanical pet

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