U.S. Treasury Secretary Scott Bessent announced on X that he will miss next weeks G20 finance ministers and central bank governors meeting in Cape Town due to obligations in Washington. A senior official will attend in

Alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of U.S. Treasury Secretary Scott Bessent at G20 meetings adding to anxiety.

The Treasury secretary is the second top U.S. official not to attend the Group of 20 gatherings because of rising tension with South Africa over its land policies.

Finance ministers and central bank chiefs from the Group of 20 developed and developing nations gathered in South Africa on Wednesday for a two-day meeting marked by the absence of U.S. Treasury Secretary Scott Bessent and several other high-profile figures.

Finance ministers and central bank chiefs from the Group of 20 developed and developing nations gathered in South Africa on Wednesday for a two-day meeting marked by the absence of U.S. Treasury Secretary Scott Bessent and several other high-profile figures.

Finance ministers and central bank chiefs from the Group of 20 developed and developing nations gathered in South Africa on Wednesday for a two-day meeting marked by the absence of U.S. Treasury Secretary Scott Bessent and several other high-profile figures.

Alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of U.S. Treasury Secretary Scott Bessent at G20 meetings adding to anxiety.

U.S. Treasury Secretary Scott Bessent was conspicuously absent from the recent G20 finance chiefs' meeting, a key forum where advanced and emerging ec･･･

The Treasury secretary is the second top U.S. official not to attend the Group of 20 gatherings because of rising tension with South Africa over its land policies.

Finance ministers and central bank chiefs from the Group of 20 developed and developing nations gathered in South Africa on Wednesday for a two-day meeting marked by the absence of U.S. Treasury Secretary Scott Bessent and several other high-profile figures.

The decision has raised eyebrows, as G20 meetings serve as a key forum for discussions among finance ministers and central bank governors from the world’s largest economies. Sources told Reuters that member countries were informed of Bessent’s decision,

U.S. Treasury Secretary Scott Bessent will not attend the upcoming G20 finance meeting in Cape Town, a rare move for someone in his role. Bessent's absence follows rising tensions between the U.S. and South Africa over land policies,