Biden Having An Increasingly Difficult Time With G-20 Fissures, by Mike Shedlock

The U.S. is having a tough time keeping a coalition of the not-so-willing together. From Mike Shedlock at

Biden made sanction demands on G-20 nations. He hit a BRIC+ wall.

Map of G-20 countries from Atlas Big, annotations by Mish.

Map of G-20 countries from Atlas Big, annotations by Mish.

G-20 Pressure Failing 

The G-20 members are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States, and the European Union. Spain is also invited as a permanent guest.

The Biden administration wants to increase pressure on Russia, but finds increasing resistance to do more.

Brazil, Russia, India, and China widely known as BRICs have not bowed to US pressure. Nor have Mexico, Saudi Arabia, or South Africa.

The 2022 G-20 meets in November but those nations are also at an IMF summit right now.

Treasury secretary Janet Yellen plans to avoid Russian officials at meetings this week, while engaging with countries that haven’t joined in sanctions.

Continue reading→

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.