"Russia is solely responsible for negative spillovers to the global economy," US Treasury Secretary Janet Yellen told the Russian delegation in the opening session, according to a US official, who spoke on condition of anonymity. FILE PHOTO
"Russia's officials should recognize that they are adding to the horrific consequences of this war through their continued support of the Putin regime. You share responsibility for the innocent lives lost," Yellen added, according to the official. Australian Treasurer Jim Chalmers condemned Russia's "immoral transgression" against Ukraine, saying that Moscow must take the blame for the impacts on the global economy caused by the war.
Both Russian Finance Minister Anton Siluanov and Ukrainian Finance Minister Serhiy Marchenko participated virtually in the meeting. The meeting has largely focused on those impacts of the war that are weighing on an already brittle global recovery from the COVID-19 pandemic.In another session, she said Russia's "unjustified war" has sent a "shockwave" through the global economy.
Source: News Formal (newsformal.com)
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