The global economy is "in a better position" than expected a few months ago
in the wake of the Covid pandemic and the Russian invasion of Ukraine.
This was stated
by US Treasury Secretary Janet Yellen
during the G20 Finance meeting in India.
"In the autumn-she said-many were worried about a sharp economic slowdown around the world.
The challenges we face are real and the future is always uncertain, but the prospects have improved".
The sanctions imposed by the West on Moscow
as a result of the invasion of Ukraine
are having "a very significant negative impact" on Russia's economy,
said US Treasury Secretary Janet Yellen.
"As I see it, our sanctions have so far had a very significant negative impact on Russia," which now has "a major budget deficit," Yellen added, on the eve of a G20 ministerial meeting in Bangalore, India.
ANSA. it
Inflation estimates in the Eurozone revised upwards: rate to 8.6% in January - Europe
(HANDLE)