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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