G20 finance leaders to warn of rising inflation, geopolitical risks

By Gayatri Suroyo and Leika Kihara JAKARTA/TOKYO (Reuters) – Finance leaders from the Group of 20 major economies will likely warn on Friday that rising inflation and geopolitical risks could threaten a fragile global recovery, as the crisis in Ukraine and the COVID-19 pandemic’s fallout cloud the outlook. Fears that Russia might invade Ukraine overshadowed a meeting of G20 finance ministers and central bank governors, which was expected to focus heavily on how to whittle down crisis-mode stimulus policies without disrupting a post-pandemic recovery. In a draft communique seen by Reuters, the …

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