November 28, 2023


General will live on forever

Yellen tells Indonesian finance minister: ‘No business-as-usual’ for Russia


U.S. Treasury Secretary Janet Yellen answers concerns about the present and long run condition of the U.S. and world economic climate at the Atlantic Council in Washington, U.S., April 13, 2022. REUTERS/Leah Millis

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WASHINGTON, April 20 (Reuters) – U.S. Treasury Secretary Janet Yellen advised her counterpart from Indonesia that there will be no “enterprise-as-usual” for Russia in the world wide economic system given its invasion of Ukraine, the Treasury Department stated in a assertion on Wednesday.

Yellen advised Indonesian Finance Minister Sri Mulyani Indrawati for the duration of a assembly on Tuesday that the United States will continue on to function with Indonesia, which at this time qualified prospects the Group of 20 main economies, to advance G20 business.

“Secretary Yellen firmly condemned Russia’s brutal invasion of Ukraine, and emphasized there will be no business-as-standard for Russia in the world financial state,” Treasury stated. “Secretary Yellen emphasized that the United States will carry on to operate in solidarity with Indonesia to advance the critical business enterprise of the G20, like addressing the destructive impacts of Russia’s invasion on the world-wide financial system.”

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Reporting by Andrea Shalal
Editing by Chizu Nomiyama

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