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Divisions Over Ukraine, Gaza Set to Prevent G-20 Communique
Group of 20 finance chiefs are set to end their meeting in Sao Paulo without agreement on a closing communique, amid divisions over how to refer to the conflicts in Gaza and Ukraine, according to people familiar with the matter. In the event of a failure to achieve consensus, host nation Brazil will likely issue what’s known as a chair’s statement instead, the people said, asking for anonymity to talk about ongoing discussions. The text that’s set to form the basis of such a declaration, obtained by Bloomberg News, makes reference to “wars and escalating conflicts” without identifying them, as well as ... (full story)