World leaders including Joe Biden, Xi Jinping and Rishi Sunak will be attending the G20 summit, an annual meeting which includes 19 advanced and emerging economies was created after the Asian financial crisis in 1999.

Two guests join us from opposite sides of the world: Sushma Ramachandran, an independent business journalist and columnist for The Tribune newspaper in India, and Peter Morici, economist at the University of Maryland in the US.

The BBC Chief Asia correspondent Karishma Vaswani updates on the latest from the G20 summit in Bali.

(Picture: G20 Summit In Bali, Indonesia Credits: Getty Images)