The Latest Breaking News from Group of 20

Russia still belongs to the International Monetary Fund and the Group of 20 economies, but has been unable to veto work being done at such multilateral bodies in response to Russia's invasion of Ukraine, a senior U.S. official said on Tuesday.

U.S. President Joe Biden said on Tuesday that he is "sure" he will see Xi Jinping if his Chinese counterpart attends November's meeting of the Group of 20 nations in Indonesia.

Officials from the Group of 20 major economies meeting on Wednesday for climate talks in Bali have been unable to agree a joint communique, amid objections over language used on climate targets and the war in Ukraine, two sources told Reuters.

Russia's embassy in London on Monday called Britain hypocritical for a statement by its foreign ministry last week that questioned Russia's "moral right" to sit at the Group of 20 nations.

Russia has no moral right to sit at the Group of 20 nations while it presses on with its invasion of Ukraine, a spokesperson for Britain's foreign ministry said on Friday.

Chinese and Russian leaders Xi Jinping and Vladimir Putin will attend November's G20 summit on the resort island of Bali, a longtime adviser to the Indonesian president said on Friday.

Chinese investment and trade and possibly an invitation to the Group of 20 summit in Bali this fall are on the table in talks between visiting Indonesian President Joko Widodo and Chinese leader Xi Jinping

Many nations in the Group of 20 major economies condemned Russia's invasion of Ukraine and called for it to end the war during ministerial talks in Indonesia, the host said in its closing statement early Sunday. A two-day gathering of finance ministers and central bank governors on the resort island…

Division over Russia’s war in Ukraine meant a meeting of Group of 20 finance chiefs ended without the usual communique, though there was incremental progress on issues such as food and energy security.

Financial leaders of the Group of 20 richest and biggest economies have wrapped up meetings on the Indonesian resort island of Bali without a final joint communique

The Group of 20 major economies' finance chiefs on Saturday pledged to address global food insecurity and rising debt, but made few policy breakthroughs amid divisions over Russia's war in Ukraine at a two-day meeting in Indonesia.