U.S. Treasury chief Scott Bessent to skip IMF-World Bank meetings in Bangkok
Asia-Pacific2 sources2 countries🔦 Under-reported21m ago
U.S. Treasury Secretary Scott Bessent will not attend the upcoming International Monetary Fund and World Bank annual meetings in Bangkok next week, a Treasury Department official confirmed on Friday. Bessent had been expected to chair a meeting of G20 finance ministers and central bank governors during the event on Thursday.
His absence coincides with a critical economic juncture marked by benchmark U.S. Treasury yields surging to their highest levels in nearly 25 years.
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How the coverage differs
Same story, different emphasis — here's what each outlet chose to lead with.
Japan Times (JP)Emphasizes the critical domestic economic timing amid surging Treasury yields.
Free Malaysia Today (MY)Focuses on the disruption to international leadership and scheduled G20 duties.