Finance Minister Sri Mulyani Indrawati has called the Group of 20 to take concrete action to tackle ongoing food and energy crises and appealed to member countries to engage in more discussion and less politics amid the escalating global impact of the war in Ukraine.
Russia is preparing for the next stage of its offensive in Ukraine, a Ukrainian military official has said, after Moscow instructed troops to step up military operations.
U.S. Treasury Secretary Janet Yellen said Group of 20 finance chiefs had productive talks in Indonesia about a proposal to cap the prices countries would pay for Russian oil.