September 26, 2022

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Yellen tells Indonesian finance minister: ‘No business-as-usual’ for Russia

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U.S. Treasury Secretary Janet Yellen solutions thoughts about the recent and future point out of the U.S. and world economy at the Atlantic Council in Washington, U.S., April 13, 2022. REUTERS/Leah Millis

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WASHINGTON, April 20 (Reuters) – U.S. Treasury Secretary Janet Yellen told her counterpart from Indonesia that there will be no “company-as-normal” for Russia in the worldwide economic climate given its invasion of Ukraine, the Treasury Office said in a assertion on Wednesday.

Yellen advised Indonesian Finance Minister Sri Mulyani Indrawati for the duration of a meeting on Tuesday that the United States will go on to perform with Indonesia, which now qualified prospects the Team of 20 big economies, to advance G20 business enterprise.

“Secretary Yellen firmly condemned Russia’s brutal invasion of Ukraine, and emphasised there will be no business enterprise-as-usual for Russia in the international economic system,” Treasury reported. “Secretary Yellen emphasised that the United States will go on to function in solidarity with Indonesia to progress the important business enterprise of the G20, like addressing the detrimental impacts of Russia’s invasion on the world economy.”

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Reporting by Andrea Shalal
Modifying by Chizu Nomiyama

Our Requirements: The Thomson Reuters Trust Ideas.

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