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Bangkok Post
Bangkok Post
World

Russia's war in Ukraine 'greatest challenge' to global economy, says Yellen

US Treasury Secretary Janet Yellen said she will express her condemnation of Russia's invasion at the G20 meeting.

BALI, Indonesia: Russia's war in Ukraine poses the greatest threat to the global economy, US Treasury Secretary Janet Yellen said Thursday as G20 ministers prepare to start talks in Indonesia.

Moscow's invasion has sent inflation soaring at a time when the world is struggling to recover from the Covid-19 pandemic, endangering the gains of the past two years and threatening widespread hunger and poverty.

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