Russia-Ukraine war damps outlook as G-20 finance ministers meet |

An impasse on how to characterize the economic fallout from Russia’s invasion of Ukraine is hanging over prospects for agreement on it and related issues as finance chiefs gather for the Group of 20 meetings in Bali.

A preliminary list of issues on the table for G-20 ministers to agree on is more notable for what it excludes than what it mentions. It doesn’t contain any references to Russia, war, inflation, or supply chains, according to a person familiar with the communiqué drafting. During a sideline conference Thursday, the Treasury’s acting undersecretary for international affairs, Andy Baukol, dodged a question on whether US President Joe Biden will attend the G-20 leaders summit in November.

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Ukraine war to dominate G20 finance chief meeting in IndonesiaGroup of 20 finance ministers and central bank chiefs from top economies will meet in Indonesia Friday for talks on the fallout from Russia’s invasion of Ukraine, which has roiled markets, spiked food prices and stoked breakneck inflation.
La source: manilabulletin - 🏆 25. / 51 Lire la suite »