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The Latest Breaking News from Janet Yellen

Indonesia calls for G20 joint ministerial forum to tackle food crisis

Indonesian Finance Minister Sri Mulyani Indrawati on Friday called for a joint forum involving G20 finance and agriculture ministries to come up with concrete action to tackle growing food insecurity and a looming fertilizer supply crisis.

Reuters

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

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

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

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

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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

G-20 finance leaders tackle dire fallout from war in Ukraine

U.S. Treasury Secretary Janet Yellen has urged leaders of major economies to work together in countering the impact from Russia's invasion of Ukraine

The Independent UK

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.

Bangkok Post

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

Inside the White House senior staff meeting on CPI day

The staff meets at 8:20 a.m.

Axios

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.

Reuters

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The Independent UK

US, allies aim to cap Russian oil prices to hinder invasion

Leaders of the Group of Seven industrial nations have tentatively agreed to back a cap on the price of Russian oil, the main pillar of the Kremlin’s financial revenue

The Independent UK

Ukraine gets $1.7B in fresh aid to pay health care workers

Ukraine is getting an additional $1.7 billion in assistance from the U.S. government and the World Bank

The Independent UK

US, Japan vow joint efforts on Ukraine, trade, food crisis

U.S. Treasury Secretary Janet Yellen and Japan's finance minister have agreed to cooperate in dealing with challenges from the war in Ukraine and promoting free trade, sustainable energy and food security

Reuters

Ukrainian rockets hit Russian-held area as Kyiv readies southern counter-attack

Ukraine said on Tuesday it had carried out a long-range rocket strike against Russian forces and military equipment in southern Ukraine, territory it says it is planning to retake in a counter-offensive using hundreds of thousands of troops.

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Reuters

Yellen cancels public event in Japan after Abe assassination

U.S. Treasury Secretary Janet Yellen has canceled her visit to the Port of Yokohama during her visit to Japan next week out of deference following the assassination of former Prime Minister Shinzo Abe, a Treasury official said on Saturday.

The Independent UK

Yellen to push price cap on Russian oil during Asia visit

Treasury Secretary Janet Yellen will travel to Asia this month, her first trip to the Indo-Pacific since becoming head of the agency

Caixin Global

China, U.S. Senior Officials Discuss Economic Policy Coordination

In a video call with Treasury Secretary Janet Yellen, Vice Premier Liu He expressed concern about Washington’s tariffs and sanctions

Al Jazeera

US, China talk trade, supply chains as Biden weighs tariff cuts

United States Treasury Secretary Janet Yellen raises concerns about China’s ‘unfair, non-market’ economic policies.

Tribune News Service

Biden close to rollback of Chinese tariffs to fight inflation

President Joe Biden may announce as soon as this week a rollback of some U.S. tariffs on Chinese consumer goods — as well as a new probe into industrial subsidies that could lead to more duties in strategic areas like technology.

Asharq Al-Awsat

A Turbulent US this July 4, but Many See Cause to Celebrate

Independence Day has arrived as the United States is rocked by hearings over the Jan. 6 insurrection, awash in turmoil over high court rulings on abortion and guns and struggling to maintain the bonds that keep it together. Yet many also see cause to celebrate Monday: the deadly danger of…

Axios

U.S. blocks $1 billion in Delaware trust linked to Russian oligarch with ties to Putin

A seized superyacht that U.S. officials say is linked to Suleiman Kerimov is also in U.S. custody.

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