G20 finance talks end divided as response to Russia dominates discussion

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G20 finance talks end divided as response to Russia dominates discussion
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A two-day meeting of finance ministers from the G20 ended today without a joint communiqué after Russia’s war in Ukraine divided the global forum

Indonesian Finance Minister Sri Mulyani Indrawati, right, and Central Bank Governor Perry Warjiyo attend a press conference at the G20 Finance Ministers and Central Bank Governors Meeting Image: Sonny Tumbelaka/Pool Photo via AP/PA Indonesian Finance Minister Sri Mulyani Indrawati, right, and Central Bank Governor Perry Warjiyo attend a press conference at the G20 Finance Ministers and Central Bank Governors Meeting Image: Sonny Tumbelaka/Pool Photo via AP/PA A TWO-DAY MEETING of finance...

In place of a formal communiqué, a 14-paragraph statement is being issued by Indonesia, the G20 chair’s Finance Minister Sri Mulyani Indrawati said in closing remarks. But the talks have been overshadowed by the Ukraine war after it roiled global markets, caused rising food prices and added to breakneck inflation.

Maksimov was in the room as Western officials expressed their condemnation, according to a source present. Marchenko called for “more severe targeted sanctions” against Moscow. Observers said the failure to agree on a joint communique would hinder coordinated efforts to solve rising inflation and food shortages.

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Maybe it should be reversed..Ukraine's war with Russia.

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