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

By Randell Ortelli 9 months ago

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U.S. Treasury Secretary Janet Yellen responses inquiries about the present and long term state of the U.S. and world wide economic climate 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 informed her counterpart from Indonesia that there will be no “business enterprise-as-typical” for Russia in the world economic climate supplied its invasion of Ukraine, the Treasury Section mentioned in a assertion on Wednesday.

Yellen explained to Indonesian Finance Minister Sri Mulyani Indrawati in the course of a meeting on Tuesday that the United States will go on to function with Indonesia, which at the moment leads the Team of 20 major economies, to advance G20 organization.

“Secretary Yellen firmly condemned Russia’s brutal invasion of Ukraine, and emphasised there will be no small business-as-regular for Russia in the world-wide economic climate,” Treasury claimed. “Secretary Yellen emphasised that the United States will continue on to perform in solidarity with Indonesia to progress the critical business enterprise of the G20, like addressing the unfavorable impacts of Russia’s invasion on the global economic climate.”

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Reporting by Andrea Shalal
Enhancing by Chizu Nomiyama

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