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

Edna B. Shearer May 2, 2022 2 minutes read

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U.S. Treasury Secretary Janet Yellen solutions thoughts about the latest and upcoming condition of the U.S. and global 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 explained to her counterpart from Indonesia that there will be no “enterprise-as-standard” for Russia in the worldwide financial state offered its invasion of Ukraine, the Treasury Division reported in a assertion on Wednesday.

Yellen told Indonesian Finance Minister Sri Mulyani Indrawati in the course of a meeting on Tuesday that the United States will continue to work with Indonesia, which now potential customers the Team of 20 important economies, to advance G20 enterprise.

“Secretary Yellen firmly condemned Russia’s brutal invasion of Ukraine, and emphasized there will be no business-as-typical for Russia in the global financial state,” Treasury said. “Secretary Yellen emphasised that the United States will proceed to operate in solidarity with Indonesia to advance the essential company of the G20, such as addressing the unfavorable impacts of Russia’s invasion on the world wide economy.”