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U.S. Treasury to urge moves to shield developing economies from war impacts -Adeyemo -Breaking

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© Reuters. FILEPHOTO: Wally Adeyemo (U.S. Deputy Treasury Secret) speaks in a joint press conference with EU Commissioner McGuinness. This was held in Brussels, Belgium on March 29, 2022. REUTERS/Johanna Geron/Pool

WASHINGTON (Reuters] – This week, the U.S. Treasury calls on foreign policy makers to consider how to reduce the negative impact of Russia’s war against Ukraine on developing nations, Wally Adeyemo reported Monday.

“We must not allow Russia’s invasion of Ukraine to further burden countries still struggling to deal with a global pandemic,” Adeyemo said in remarks to a virtual event hosted by the Washington-based Peterson Institute of International Economics think tank.

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