Close Menu
Alpha Leaders
  • Home
  • News
  • Leadership
  • Entrepreneurs
  • Business
  • Living
  • Innovation
  • More
    • Money & Finance
    • Web Stories
    • Global
    • Press Release
What's On
UFC 334 And 335 Announced: Dates And Venues Confirmed

UFC 334 And 335 Announced: Dates And Venues Confirmed

23 August 2026
Venezuela dollarizing would be the biggest currency switch since the advent of the euro, Hanke says

Venezuela dollarizing would be the biggest currency switch since the advent of the euro, Hanke says

23 August 2026
How To Solve Today’s NYT Pips Puzzles, Sunday August 23

How To Solve Today’s NYT Pips Puzzles, Sunday August 23

23 August 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Alpha Leaders
newsletter
  • Home
  • News
  • Leadership
  • Entrepreneurs
  • Business
  • Living
  • Innovation
  • More
    • Money & Finance
    • Web Stories
    • Global
    • Press Release
Alpha Leaders
Home » Bessent to Skip G20 Finance Ministers Meeting in South Africa
Business

Bessent to Skip G20 Finance Ministers Meeting in South Africa

Press RoomBy Press Room19 February 20253 Mins Read
Facebook Twitter Copy Link Pinterest LinkedIn Tumblr Email WhatsApp
Bessent to Skip G20 Finance Ministers Meeting in South Africa

Treasury Secretary Scott Bessent will skip a meeting of finance ministers and central bankers from the Group of 20 nations in Cape Town next week, according to people familiar with his plans, deepening the rift between the United States and South Africa over policies the Trump administration believes are anti-American.

The decision to forgo such a major economic gathering is highly unusual for a Treasury secretary, particularly one who was confirmed to his post three weeks ago.

It follows a boycott of a similar meeting of foreign ministers this week in Johannesburg by Secretary of State Marco Rubio. Mr. Rubio said he was skipping the meetings because he did not want to “waste taxpayer money or coddle anti-Americanism.”

Mr. Trump has indicated that he sees little value in multilateral meetings like the Group of 20 and prefers to hold bilateral negotiations with other nations. The theme for the meetings this year is “Solidarity, Equality, Sustainability,” which the Trump administration considers at odds with its views on climate change and diversity policies.

The gathering would have been Mr. Bessent’s first opportunity to meet with his global counterparts and have talks with top financial officials from Europe, China and Russia.

The group’s meetings have been awkward in recent years because of tension between Russia and Western allies, including the United States, over the war in Ukraine. But the Trump administration has made clear in recent days that it intended to take a different approach with Russia as it looks to negotiate an end to the war.

Mr. Trump suggested this week that Ukraine might have been responsible for Russia’s invasion and on Wednesday referred to the Ukrainian president, Volodymyr Zelensky, as a “Dictator without Elections.”

The boycott by Mr. Bessent will come as a disappointment and a surprise to South Africa. An official from its Department of International Relations and Cooperation posted on social media this week that the Treasury secretary was expected to attend the meetings in Cape Town.

A spokeswoman for Ms. Bessent had no comment on Wednesday.

The diplomatic tension between the United States and South Africa emerged as a surprising turn of events this year.

Earlier this month Mr. Trump ordered that all foreign assistance to South Africa be halted and said his administration would prioritize the resettling of white, “Afrikaner refugees” into the United States because of what he called actions by the country’s government that “racially disfavored landowners.”

Mr. Trump’s recent comments were in reference to a policy that President Cyril Ramaphosa of South Africa signed into law in January.

The law, known as the Expropriation Act, repeals an apartheid-era law and allows the government in certain instances to acquire privately held land in the public interest without paying compensation — something that can be done only after a justification process subject to judicial review.

Bessent Boycotts Cyril Donald J Group of Twenty Land Use Policies Ramaphosa Scott South Africa Treasury Department Trump United States International Relations United States Politics and Government
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link

Related Articles

Ambient AI And The Next Frontier

Ambient AI And The Next Frontier

23 August 2026
Cybercrime Enforcement Is Now Open To Private Bidders

Cybercrime Enforcement Is Now Open To Private Bidders

19 August 2026
NIH Proposes Big Change In How Grants Applications Evaluated

NIH Proposes Big Change In How Grants Applications Evaluated

15 August 2026

Human-Shaped Robots at This Car Factory Can Perform Humanlike Tasks

11 August 2026
Disney Theme Parks Report Strong Results, While Comcast’s Universal Parks Dip

Disney Theme Parks Report Strong Results, While Comcast’s Universal Parks Dip

5 August 2026

Inside Uber’s Legal Strategy to Fight Sexual Assault Lawsuits

4 August 2026
Don't Miss
Trump’s Tariffs Will Make AI Data Centers More Expensive

Trump’s Tariffs Will Make AI Data Centers More Expensive

By Press Room4 April 2025

Donald Trump’s administration has gone all-in on AI: A day after his inauguration, the newly-elected…

Unwrap Christmas Sustainably: How To Handle Gifts You Don’t Want

Unwrap Christmas Sustainably: How To Handle Gifts You Don’t Want

27 December 2024
NYT ‘Connections’ Hints And Answers For October 23 (#500)

NYT ‘Connections’ Hints And Answers For October 23 (#500)

23 October 2024
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Latest Articles
Ambient AI And The Next Frontier

Ambient AI And The Next Frontier

23 August 20261 Views
SpaceX is hiring in natural gas trading for energy needs

SpaceX is hiring in natural gas trading for energy needs

23 August 20262 Views
Five Ways Climate Communications Can Meet The Moment

Five Ways Climate Communications Can Meet The Moment

23 August 20262 Views
Nvidia customers notified about AI-related price hikes above 15%

Nvidia customers notified about AI-related price hikes above 15%

23 August 20263 Views

Recent Posts

  • UFC 334 And 335 Announced: Dates And Venues Confirmed
  • Venezuela dollarizing would be the biggest currency switch since the advent of the euro, Hanke says
  • How To Solve Today’s NYT Pips Puzzles, Sunday August 23
  • Chinese robots smash athletic records set by humans — including Usain Bolt’s 100-meter sprint time
  • Ambient AI And The Next Frontier

Recent Comments

No comments to show.
About Us
About Us

Alpha Leaders is your one-stop website for the latest Entrepreneurs and Leaders news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks
UFC 334 And 335 Announced: Dates And Venues Confirmed

UFC 334 And 335 Announced: Dates And Venues Confirmed

23 August 2026
Venezuela dollarizing would be the biggest currency switch since the advent of the euro, Hanke says

Venezuela dollarizing would be the biggest currency switch since the advent of the euro, Hanke says

23 August 2026
How To Solve Today’s NYT Pips Puzzles, Sunday August 23

How To Solve Today’s NYT Pips Puzzles, Sunday August 23

23 August 2026
Most Popular
Chinese robots smash athletic records set by humans — including Usain Bolt’s 100-meter sprint time

Chinese robots smash athletic records set by humans — including Usain Bolt’s 100-meter sprint time

23 August 20261 Views
Ambient AI And The Next Frontier

Ambient AI And The Next Frontier

23 August 20261 Views
SpaceX is hiring in natural gas trading for energy needs

SpaceX is hiring in natural gas trading for energy needs

23 August 20262 Views

Archives

  • August 2026
  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • March 2022
  • January 2021
  • March 2020
  • January 2020

Categories

  • Blog
  • Business
  • Entrepreneurs
  • Global
  • Innovation
  • Leadership
  • Living
  • Money & Finance
  • News
  • Press Release
© 2026 Alpha Leaders. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.