Russia war that has elevated food and energy prices

Speaking on the sidelines of the G20 Summit in India on Friday, US Treasury Secretary Janet Yellen said, “the negative influence is the Russia war that has elevated food and energy prices,” adding that they are “aware of risks to global growth.”

Additional quotes

Most important thing we could do for global growth is for Russia to end its brutal war on Ukraine.

Monitoring China’s economic challenges; don’t see it directly impacting the US.

US’ goals have coincided with India’s to tackle challenges like preparedness for future pandemics.

Believe G20 has been very effective under India’s presidency.

Even without russia’s active participation, see G20 as very effective.

Source: https://www.fxstreet.com/news/us-treasury-sec-yellen-russia-war-that-has-elevated-food-and-energy-prices-202309080459