Business Maverick: One Year of War Hangs Over Meeting of World’s Top Finance Chiefs

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Finance chiefs from the world’s most powerful economies hardened their positions regarding language on Russia’s war in Ukraine, with the one-year mark looming over other critical global issues such as debt relief for poorer nations.

US Treasury Secretary Janet Yellen said Russia ending the war was “the most important thing” for the global economy as she

Some participants on Friday, the one-year mark of Russia’s war in Ukraine, rallied for language regarding the war agreed at the“Either we stick to the Bali communiqué or France will oppose any communiqué of the finance ministers,” French Finance Minister Bruno Le Maire told reporters in an evening press conference in Bengaluru. “I cannot be clearer.”

“We’re calling on China to live up to its responsibilities,” German Finance Minister Christian Lindner said in a Friday press conference in Bengaluru, which was formerly known as Bangalore. “We want to stick to established procedures,” and that involves development banks shouldn’t be part of any restructuring.

 

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