The U.S. is having a tough time keeping a coalition of the not-so-willing together. From Mike Shedlock at mishtalk.com:
Biden made sanction demands on G-20 nations. He hit a BRIC+ wall.
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.
STRAIGHT LINE LOGIC 