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In a new attempt to isolate Russia in its war against Ukraine, the United States on Wednesday called for its expulsion from the G20, or the organization of the world’s 20 most sensible economies. Treasury Secretary Janet Yellen said Wednesday that the United States would boycott several meetings at the upcoming G20 summit in Indonesia if Russian officials appear.
This comes as the West seeks to punish Russia for the brutal killings of civilians in Bucha, a city near Ukraine’s capital, Kiev. Last week, several civilian bodies were discovered in Bucha after Ukrainian forces regained control of Russian troops. with hands tied and fired at point-blank range, indicating mass executions of the siege through Russian forces.
While Western nations, in addition to the United States and Ukraine, have blamed Russia for the horrific killings, Moscow has categorically denied the allegations.
U. S. President Joe Biden must pressure Russia to no longer actively participate in major foreign institutions, Yellen said, though she acknowledged that Russia is unlikely to be expelled from the International Monetary Fund (IMF) given its rules.
“President Biden has made it clear, and I agree with him, that business cannot be the same as always for Russia in any of the monetary institutions,” Yellen said, according to the Reuters news agency.
The G20 grouping is an intergovernmental forum composed of 19 countries, in addition to China, India and Saudi Arabia, and the European Union (EU). Since 2008, the club has held annual summits and served as a key foreign platform for issues ranging from Covid-19. cross-border debt relief.
Other countries of the organization are Argentina, Australia, Brazil, Canada, France, Germany, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, South Africa, Turkey and the United Kingdom.
This year, Indonesia holds the presidency, which will host a finance assembly in July and a leaders’ summit in November.
G20 finance ministers and central bank governors are also scheduled to meet this month on the sidelines of the IMF-World Bank Spring Meetings in Washington, D. C. Yellen did not specify which meetings she was referring to when she made the comments, but the spokesman later said that senior official referring to the April 20 meeting.
The April finance assembly will be held on users and Russia’s participation is unclear at this time.
After Pakistani Prime Minister Shehbaz Sharif insulted in Saudi Arabia, former Prime Minister Imran Khan said that an organization of “thieves” had been imposed in Pakistan, which happened in Masjid-e-Nabawi as a result of his actions. As on Thursday, some protesters, allegedly belonging to Pakistan’s Tehreek-e-Insaf, violated Masjid-e-Nabawi’s sanctity by chanting slogans loudly from Sharif’s delegation.
An IMF project is scheduled to arrive in Pakistan in May to resume policy discussions on the completion of the seventh review of the Extended Finance Facility (EFF), the duration of which Islamabad has asked the IMF to increase.
An MP from Britain’s ruling Conservative Party announced on Saturday that Neil Parish, who represents a seat in southwest England, would resign, after admitting he intentionally saw pornography on his cellphone in the House of Commons. Neil Parish, who represents a seat in southwest England, said he resigned and called a by-election in the Conservative stronghold after what he called an indefensible moment of “total madness. “
At least 23 other people were trapped under a collapsed construction in central China, authorities said Saturday, as rescuers dismantled the debris, brick by brick, in a bid to save survivors. The building, which housed a hotel, apartments and a movie theater, collapsed Friday afternoon in Changsha City, Hunan Province, leaving a gaping hole in a densely built street.
Russian forces have stolen “several hundred thousand tons” of grain from the regions of Ukraine they occupy, Ukraine’s deputy agriculture minister said on Saturday. Speaking on Ukrainian national television, Taras Vysotskiy expressed his fear that the maximum of what he said 1. 5 million tons of grain stored in the occupied territory may also be stolen by Russian forces. Agriculture Minister Mykola Solskyi said grain thefts increased in the past two weeks.
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