G20 finance ministers fail to issue statement as U.S. skips meeting

Discussions center on protectionist threats amid high-profile absences

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U.S. Treasury Secretary Scott Bessent did not attend the Group of 20 finance ministers meeting in Cape Town ended Feb. 27. © Reuters

YUKA FURUBAYASHI

CAPE TOWN, South Africa -- Group of 20 finance ministers and central bankers wrapped up their meeting on Thursday without issuing a joint communique, unable to reach a consensus on climate change and other global issues.

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