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The Latest Breaking News from G20

World Bank chafes at lower capital requirements recommended in G20 report - sources

The World Bank is seeking to block release of a report prepared for the Group of 20 major economies that calls for lowering the bank's capital requirements to boost its lending capacity, four sources familiar with the matter said.

Reuters

Russia-Ukraine war: List of key events, day 142

As the Russia-Ukraine war enters its 142nd day, we take a look at the main developments.

Al Jazeera

G20 called on to address short-term food insecurity crisis

NUSA DUA, Indonesia: United States Treasury Secretary Janet Yellen on Friday urged Group of 20 (G20) major economies to take urgent action to address a short-term food insecurity crisis exacerbated by Russia's war in Ukraine and avoid market-distorting export restrictions and stockpiling.

Bangkok Post

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G20 Finance Chiefs Meet as Indonesia Warns of Energy, Food Catastrophe

Group of 20 finance ministers and central bank chiefs from top economies met in Indonesia Friday for talks on the fallout from Russia's invasion of Ukraine, with the host warning them failure to tackle energy and food crises would be catastrophic. The two-day meeting on the resort island of Bali…

Asharq Al-Awsat

G20 finance leaders in Bali to tackle Ukraine, inflation

Top financial officials from the Group of 20 leading rich and developing nations are meeting on the Indonesian island of Bali seeking strategies to counter the repercussions from the war in Ukraine, inflation and other global crises

The Independent UK

British man dies in detention after being captured by pro-Russian forces in Ukraine

Moscow-backed separatists confirmed that British man Paul Urey died in detention on July 10 after being captured by pro-Russian forces in Donetsk. The EU, meanwhile, proposed to “slap a sanctions regime on gold” from Russia, the deputy head of the European Commission said on Friday, in what would be the…

France 24

Ukraine and Russia: What you need to know right now

Russia is preparing for the next stage of its offensive in Ukraine, a Ukrainian military official said, after Moscow said its forces would step up military operations in "all operational areas".

Reuters

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Moscow accused of targeting civilians with missile attacks – as it happened

This live blog is now closed. We will return in a few hours to bring you all the latest developments

The Guardian - AU

G20: Canada claims Russian delegation are personally responsible for ‘war crimes’ in Ukraine

Minister’s accusation comes day after US Treasury secretary says Putin government officials ‘have no place’ at talks

The Guardian - AU

Canada's Freeland says Russian technocrats also responsible for 'war crimes' - official

Canadian Finance Minister Chrystia Freeland on Friday told Russian officials at a meeting of G20 finance officials that she held them personally responsible for "war crimes" committed during Russia's war in Ukraine, a Western official told Reuters.

Reuters

G20 finance leaders meet in Bali as Ukraine, inflation top agenda

Host Indonesia hopes meeting can serve as forum for dialogue between Russia and Ukraine.

Al Jazeera

Yellen blasts Russian officials for continued support of Putin

U.S. Treasury Secretary Janet Yellen condemned Russia's "brutal and unjust war" in Ukraine and said Russian finance officials taking part in a G20 meeting in Indonesia on Friday shared responsibility for the "horrific consequences" of the war.

Reuters

G20 talks overshadowed by Ukraine war as host Indonesia seeks consensus

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.

Reuters

Yellen says it's in China's interest to restructure Sri Lanka's debt

China is a "very important" creditor of Sri Lanka and it would likely be in the interest of both countries if China participated in restructuring Sri Lanka's debt, U.S. Treasury Secretary Janet Yellen said on Thursday.

Reuters

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Bangkok Post

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

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.

Reuters

Yellen says Russian officials have no place at G20 meeting

U.S. Treasury Secretary Janet Yellen on Thursday said Russian President Vladimir Putin's war against Ukraine was causing a negative spillover around the world and Russian officials had no place at this week's meeting of the Group of 20 major economies.

Reuters

Germany expects direct but difficult dialogue with Russia at G20 - govt sources

Germany is expecting more open and direct discussions with Russia at the upcoming meeting of finance ministers from the Group of 20 nations, government sources said on Wednesday, after a G20 meeting in April was disrupted by walkouts.

Asharq Al-Awsat

Indonesian VP to Asharq Al-Awsat: We will Invite Russia, Ukraine Presidents to G20 Summit

Indonesian Vice President Maaruf Amin stressed that the ongoing Russian-Ukrainian conflict creates geopolitical division, slows global economic development, and increases the prices of essential commodities. Indonesia is one of the G20 countries and the group's president for 2022.

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Reuters

Indonesia chases G20 progress with Russia but Germany, France sceptical

G20 finance leaders will meet in Bali this week for talks on issues like global food security and soaring inflation, but there was scepticism from Germany and France over Indonesia's hopes for common ground as tensions over Ukraine simmer.

The Conversation

Ukraine war: Russia's G20 walkout heightens tensions at fractious summit as China's rise continues

While G20 foreign ministers were meeting in Bali, Indonesia, the Russian president, Vladimir Putin, threatened further escalation in his war against Ukraine, announcing to the world that “by and large, we have not started anything in earnest yet”. What he meant became quickly clear when a missile attack hit an…

The Guardian - UK

West must force private lenders to ease Africa’s crippling debt, say campaigners

Banks and traders have been ‘let off the hook’ by G7 despite being more to blame for the looming crisis than China

Asharq Al-Awsat

IMF’s Georgieva Warns against ‘Complacency’ on Global Debt Problems

IMF Managing Director Kristalina Georgieva is pushing China and other Group of 20 economies to speed up debt relief for a growing number of heavily indebted countries, warning that failure to do so could unleash a damaging "downward spiral." Georgieva told Reuters it was crucial to jumpstart the largely stalled…

The Guardian - AU

Australia ‘doesn’t respond to demands’, Anthony Albanese tells China

PM reacts to Beijing’s four-point advice on improving relations following high-level G20 meeting between the two countries

Reuters

U.S. expects Biden and Xi will speak in weeks ahead - Blinken

U.S. Secretary of State Antony Blinken said on Sunday the United States expects President Joe Biden and Chinese leader Xi Jinping will have the opportunity to speak in the weeks ahead.

The Guardian - AU

China’s foreign minister says Coalition government was ‘root cause’ of hostility to Australia

In meeting with Penny Wong after G20 summit Chinese foreign minister says past Australian governments ‘root cause’ of strained relations

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