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The Latest Breaking News from G20

Yellen, Powell walk out of G20 meeting during Russian minister's speech

Yellen and Powell were joined by other delegates, including ECB head Christine Lagarde.

Axios

G20 members condemn Russia's war in Ukraine, after Yellen and others stage walkout

Top officials from Britain, the United States and Canada walked out on Russia's representatives at a Group of 20 meeting on Wednesday and many members spoke to condemn Moscow's war in Ukraine, exposing deep divisions in the bloc of major economies.

Reuters

Yellen, Ukraine Official Walk Out of Russia’s G20 Remarks

Treasury Secretary Janet Yellen and Ukraine's Finance Minister Serhiy Marchenko walked out of a Group of 20 meeting Wednesday as Russia's representative started talking. Several finance ministers and central bank governors also left the room, according an official familiar with the meetings, who spoke on the condition of anonymity because…

Asharq Al-Awsat

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Canada finance minister walks out of G20 meeting to protest Russia's participation

Canadian Finance Minister Chrystia Freeland said on Wednesday she walked out of a G20 plenary meeting in Washington to protest against Russia's participation after the invasion Ukraine put at risk the global economy.

Reuters

UK, U.S. and Canada left G20 meeting when Russia spoke, UK says

Britain's delegation to a meeting of top Group of 20 finance officials in Washington, including Bank of England Governor Andrew Bailey, walked out in protest at Russia's participation, a British finance ministry spokesperson said on Wednesday.

Reuters

US Treasury Secretary Janet Yellen joins Ukraine walkout of G20 meeting as Russian official starts speaking

Representatives from UK and Canada also left room

The Independent UK

Ukraine Set to Dominate G20 Finance Chiefs Summit

Finance officials from the world's richest countries will meet on Wednesday to address global challenges like rising debt and a possible food crisis -- if they can overcome boiling tensions over Russia's invasion of Ukraine. Moscow's attack on its neighbor is set to dominate the meeting of G20 finance ministers…

Asharq Al-Awsat

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Britain to avoid some G20 meetings with Russia - UK source

British finance minister Rishi Sunak will boycott some G20 meetings in Washington this week if Russia attends, as part of diplomatic efforts to isolate Moscow over its invasion of Ukraine, a British government source said on Tuesday.

Reuters

Delegate protests over Russia to upstage G20 meeting

Western nations are preparing to stage coordinated walk-outs and other diplomatic snubs to protest against Russia's invasion of Ukraine at Wednesday's meeting of G20 finance ministers in Washington, their officials said.

Reuters

US Treasury Secretary Janet Yellen will skip some G20 sessions to encourage pressure on Russia

The Treasury Department will concentrate on cracking down on those seeking to evade sweeping sanctions imposed on Russia over the war

The Independent UK

Leading economists call for global 'list' to target hidden wealth, tax evasion

Leading economists are urging G20 leaders to draw up a world asset register for tracking tax evaders that could pressure Russia over the Ukraine invasion by exposing oligarchs' hidden wealth.

Radio France Internationale

G20 ministers urged to use oligarch crackdown to tackle tax havens

Heavyweight economists demand a global register to stop the wealthiest depriving countries of what they owe

The Guardian - UK

Biggest risk of cryptocurrency could be money laundering, its use for financing terror: Nirmala Sitharaman

WASHINGTON: Amidst the pioneering fintech revolution, the biggest risk of cryptocurrency could be money laundering and its use for financing terror, said Union Minister of Finance Nirmala Sitharaman on Monday (local time).

The Times of India

Yellen to attend G-20 sessions as US retreats on boycott idea

The U.S. backed further away from any suggestion that its officials would boycott Group of 20 meetings if their Russian counterparts attend, as the Treasury Department said Secretary Janet Yellen will participate in some sessions this week.

Tribune News Service

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Reuters

Japan to attend G20 meet, no comment on Russia's participation -finance minister

Japan is preparing to attend a gathering of financial leaders from the Group of 20 economic powers next week, its finance minister said on Friday, as Western nations sought the expulsion of Russia from the forum and said they would skip sessions where Moscow is represented.

Reuters

Russia asks Brazil to help keep sway at IMF, World Bank

Russia has asked Brazil for support in the International Monetary Fund, the World Bank and the G20 group of top economies to help it counter crippling sanctions imposed by the West since it invaded Ukraine, according to a letter seen by Reuters.

Reuters

Russian finance minister to attend G20 meeting virtually, Indonesia says

G20 host Indonesia said on Thursday Russian Finance Minister Anton Siluanov had confirmed he plans to attend virtually next week's meeting of finance ministers and central bank governors from the Group of 20 major economies.

Al Jazeera

Timeline: Week seven of Russia’s war in Ukraine

Ukrainian authorities expect a strong Russian offensive in the eastern Luhansk and Donetsk regions.

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The Guardian - UK

BlackRock urged to delay debt repayments from crisis-torn Zambia

Anti-poverty campaigners say world’s largest fund manager refuses to reduce or delay payments on Zambia’s debt

The Hindu

India’s role in a disordered world

New Delhi can play an important role in shaping a new, more democratic, world order

ABC News

Why Indonesia is still inviting Russia to the upcoming G20 summit despite the invasion of Ukraine

Prime Minister Scott Morrison is urging Indonesia to reject Vladimir Putin's presence at the G20 in Bali later this year, saying it would be "a step too far". But Indonesia says Mr Putin's invitation stands and it wants to remain impartial. Here's why.

The Conversation

How Indonesia, as G20 host, can be a mediator between Russia and Ukraine

Indonesia, the host of this year’s G20 summit, is under the spotlight as the United States and its allies, such as Australia and European Union members, suggest Russia be excluded from the meeting for invading Ukraine.

The Guardian - AU

Scott Morrison spruiks Australia’s post-Covid jobs recovery. We factcheck him

PM says Covid had a much greater economic impact than the GFC but employment outcomes have been much better post-pandemic. Correct?

The Conversation

What the 2022 federal budget says about Canada’s commitment to a green recovery

Every year, the federal budget outlines government spending priorities and sources of revenue for the coming year. While COVID-related spending dominated the previous two budgets, the 2022 budget comes amid new geopolitical uncertainties, including the war in Ukraine, ongoing socio-economic challenges in the wake of the pandemic, rising inflation, housing…

Al Jazeera

Russia’s invasion of Ukraine: List of key events on day 43

As the Russia-Ukraine war enters its 43rd day, here is a look at the main developments.

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