By midday, there were few indications that the financial leaders might end the impasse. A communiquu00e9’s eighth draft, which Bloomberg News was able to receive, revealed ongoing disagreements over phrasing referring to Russia’s involvement inRestructuring of debt and Ukraine.
Nadia Calvino, Spain’s deputy prime minister, told reporters that we are experiencing a tectonic shift in the world order that has served us since the end of World War II.
Source: Hindustan Times
The search for a universal vocabulary to convey the problems facing the world is becoming more challenging, according to Calvino. Yet, she claimed that the G-20 countries are making progress on the many challenges.
Geopolitical tensions have hung over discussions at the gatherings of the central bank governors and finance ministers of the Group of 20, with China serving as a focal point in discussions on each of the major concerns. As the conflict approached its one-year anniversary on Friday, a coalition led by the US called for more pressure on Vladimir Putin’s government.
What do you think about this ? Share your views in the comments below
Conflict between Russia and Ukraine, clouded by the debt impasse final-day discussions of G20 finance chiefs
By tirupatinews
