Bank of England governor walks out of IMF summit in protest against Russia
Source: The Guardian ·
Andrew Bailey among finance leaders to leave session in Bangkok when Russian finance minister addressed groupThe Bank of England governor, Andrew Bailey, has taken part in a walkout of finance leaders who left an International Monetary Fund meeting in protest against Russian involvement.Bailey joined counterparts from France, Germany and a number of Scandinavian and Baltic countries who left the…
From the source
The Bank of England governor, Andrew Bailey, has taken part in a walkout of finance leaders who left an International Monetary Fund meeting in protest against Russian involvement. Bailey joined counterparts from France, Germany and a number of Scandinavian and Baltic countries who left the session in Bangkok when the Russian finance minister, Anton Siluanov, addressed the group in Russian. The Bank of England confirmed that Bailey took part. The president of the German Bundesbank, Joachim Nagel, said nearly half of all delegates took part in the joint departure when Siluanov started speaking. “The Ukraine war is existential for us in Europe,” one European diplomat told the Reuters news agency. “We cannot normalise relations with Russia.” The walkout was acknowledged by the chair of the IMF’s steering committee, the Saudi finance minister, Mohammed al-Jadaan. Al-Jadaan said: “We came here for a reason, and we achieved it. Look at this chair statement, it clearly says that all members…