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NEW DELHI: US Treasury Secretary Janet Yellen will warn on Wednesday that the battle in Ukraine threatens to inflict “monumental financial repercussions” globally, simply as governments impose recent sanctions on Russia and economists reduce development forecasts.
“Russia’s actions, together with the atrocities dedicated in opposition to harmless Ukrainians in Bucha, are reprehensible, signify an unacceptable affront to the rules-based international order, and may have monumental financial repercussions for the world,” Yellen will inform the Home Monetary Providers Committee, in line with a duplicate of her ready remarks. US, EU and G-7 officers are coordinating new sanctions on Russia.
“Russia’s actions, together with the atrocities dedicated in opposition to harmless Ukrainians in Bucha, are reprehensible, signify an unacceptable affront to the rules-based international order, and may have monumental financial repercussions for the world,” Yellen will inform the Home Monetary Providers Committee, in line with a duplicate of her ready remarks. US, EU and G-7 officers are coordinating new sanctions on Russia.
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