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Most G20 Nations Condemn Russia for War, China Silent
By Aftab Ahmed, Shivangi Acharya and Sarita Chaganti Singh BENGALURU, India (Reuters) – Finance chiefs of the world’s largest economies strongly condemned Moscow for its war on Ukraine on Saturday, with only China and Russia itself declining to sign a joint statement. India, which as chair of the Group of Twenty (G20) economies was hosting a meeting in the city of Bengaluru, was reluctant to raise the issue of the war but Western nations insisted they could not back any outcome that did not include a condemnation. The lack of consensus among G20 members meant India resorted to issuing a “chair’s summary and outcome document” in which it simply summed…
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It is time to cut Russia out of the global financial system
The writer is Ukraine’s minister of finance In the aftermath of the chilly war, entire world powers put in location systems of international governance. The target was to shield liberal values, human legal rights and the environment economic climate, and to extinguish the menace of nuclear annihilation. The unquestionable achievements of this new policies-based mostly international buy was its attain, bringing in Russia and publish-Soviet Union states as effectively as other burgeoning economies this sort of as China and India. But this sort of a procedure only will work when its members abide by the guidelines. With its violent and unprovoked invasion of Ukraine, toxic support of corruption and documented…
