She expressed hope that India and China would join such a cap, saying it “would serve their own interests” to put downward pressure on prices for consumers across the world.
But she refused to be drawn on whether Western officials will stage a multi-nation walkout when Russian officials speak, as they did at a G20 meeting in Washington in April.
“It cannot be business as usual,” she said. “I can tell you that I can certainly expect to express in the strongest possible terms my views on Russia’s invasion… to talk about its impact on Ukraine and the entire global economy and to condemn it.”
“I expect that many of my colleagues will do the same.”
GLOBAL OUTLOOK “DARKENED”
Russia’s finance minister will not attend the Bali talks, instead addressing it virtually, a week after Foreign Minister Sergei Lavrov found himself outnumbered by G20 counterparts in their criticism of Moscow’s military assault.
Yellen’s comments echo the…
