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G20 talks overshadowed by Ukraine war as host Indonesia seeks consensus

  • Host Indonesia seeks to keep focus on global economic issues
  • Cites commodity prices and debt pressure on low-income countries
  • Yellen condemns Russia’s “brutal and unjust war” in Ukraine
  • No walk out as Russian deputy finance minister addresses meeting

NUSA DUA, Indonesia, July 15 (Reuters) – G20 finance leaders meeting in Bali must make progress tackling the global economic threats sparked by Russia’s war in Ukraine or the humanitarian consequences would be catastrophic, host Indonesia said on Friday.

Some Western ministers blasted Russian officials attending the talks, with U.S. Treasury Secretary Janet Yellen saying Russia’s “brutal and unjust war” was solely responsible for the economic crisis the world now faced.

Finance leaders from the Group of 20 major economies are meeting on the resort island, as host Indonesia tries to find common ground in a group frayed by the Ukraine war and rising economic pressures from soaring…

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