The Latest Breaking News from G20

U.S. Treasury Secretary Janet Yellen told Reuters that a strong statement condemning Russia's war in Ukraine was "absolutely necessary" for a communique from the G20 finance leaders' meeting in India concluding on Saturday.

The World Bank will "provide as much concessionality to the debt treatment" for distressed economies as possible, its president told a meeting with the International Monetary Fund, India, China, and other creditor nations on Saturday. The remarks come amid calls by China, the world's largest bilateral creditor, that global lenders…

The US announced a new round of sanctions on Russian firms, banks, manufacturers and people Friday, aiming them at entities that helped Russia evade sanctions earlier in the year-old war against Ukraine. Russia’s metals and mining sector is among those targeted in one of the US Treasury Department's "most significant…

The anniversary of the start of the war in Ukraine is looming over meetings of world financial leaders at the Group of 20 leading economies in India. France said on Friday it will not sign a final statement that does not condemn the war “in the strongest terms”.

The U.S. has announced a new round of sanctions on Russian firms, banks, manufacturers and people

The Group of Seven nations are preparing new, further-reaching sanctions on Russia a year after its invasion of Ukraine, targeting key economic sectors and other countries or organisations who help Moscow's war effort.

Secretary of State Antony Blinken will travel to Central and South Asia next week for international talks that will put him in the same room as his Chinese and Russian counterparts

Indian Prime Minister Narendra Modi has urged financial policymakers of the Group of 20 leading economies to focus on the world's “most vulnerable people" in talks taking place in the technology hub of Bengaluru

Finance leaders of the world's top economies sought on Friday to bridge differences over how to deal with Russia following its invasion of Ukraine a year ago, as the West stepped up sanctions against Moscow.