Close Menu
Alpha Leaders
  • Home
  • News
  • Leadership
  • Entrepreneurs
  • Business
  • Living
  • Innovation
  • More
    • Money & Finance
    • Web Stories
    • Global
    • Press Release
What's On
‘Marathon’ Extends PvE Mode Trial As Its Pivot Ramps Up

‘Marathon’ Extends PvE Mode Trial As Its Pivot Ramps Up

30 July 2026
Urban League’s 50th annual ‘State of Black America’ argues Trump is trying to ‘kill the essence of the American dream’

Urban League’s 50th annual ‘State of Black America’ argues Trump is trying to ‘kill the essence of the American dream’

30 July 2026
How Manufacturers Can Strengthen Resilience

How Manufacturers Can Strengthen Resilience

30 July 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

How to Change Your Image as a Heartless Luxury Titan Overnight

How to Change Your Image as a Heartless Luxury Titan Overnight

29 July 2026
What to Watch at the Federal Reserve’s July Meeting

What to Watch at the Federal Reserve’s July Meeting

29 July 2026

The Iran War Just Put Another Key Oil Route at Risk

28 July 2026
ChatGPT’s Health Launch Is Foreshadowing The Future Of Healthcare

ChatGPT’s Health Launch Is Foreshadowing The Future Of Healthcare

26 July 2026
Trump’s New Trade Fights (and Deals)

Trump’s New Trade Fights (and Deals)

22 July 2026
Read The Times’s Motion in Response to the Trump Administration Subpoenas

Read The Times’s Motion in Response to the Trump Administration Subpoenas

20 July 2026
Don't Miss
Exclusive: DeFi platform Azura launches after raising .9 million from Initialized

Exclusive: DeFi platform Azura launches after raising $6.9 million from Initialized

By Press Room22 October 2024

Azura, a new platform for decentralized finance, launched on Tuesday after raising $6.9 million in…

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
Sam Altman’s World Wants To Scan Your Eyes To Prove You’re Human

Sam Altman’s World Wants To Scan Your Eyes To Prove You’re Human

22 October 2024
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Latest Articles
Why The Safest AI Teams Report The Most Incidents

Why The Safest AI Teams Report The Most Incidents

30 July 20261 Views
‘Am I paying for the vibes?’ Gen Z says it hates capitalism, but their spending patterns show they just don’t like being ripped off

‘Am I paying for the vibes?’ Gen Z says it hates capitalism, but their spending patterns show they just don’t like being ripped off

30 July 20261 Views
A Data-Driven Framework For Product-Engineering Conflict Resolution

A Data-Driven Framework For Product-Engineering Conflict Resolution

30 July 20261 Views
Tariffs, debt, and a stubborn Fed are squeezing consumers

Tariffs, debt, and a stubborn Fed are squeezing consumers

30 July 20262 Views

Recent Posts

  • ‘Marathon’ Extends PvE Mode Trial As Its Pivot Ramps Up
  • Urban League’s 50th annual ‘State of Black America’ argues Trump is trying to ‘kill the essence of the American dream’
  • How Manufacturers Can Strengthen Resilience
  • Love Island USA winners Bryce Alakai and Trinity Tatum say they will spend winning on debt, bills
  • Why The Safest AI Teams Report The Most Incidents

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
‘Marathon’ Extends PvE Mode Trial As Its Pivot Ramps Up

‘Marathon’ Extends PvE Mode Trial As Its Pivot Ramps Up

30 July 2026
Urban League’s 50th annual ‘State of Black America’ argues Trump is trying to ‘kill the essence of the American dream’

Urban League’s 50th annual ‘State of Black America’ argues Trump is trying to ‘kill the essence of the American dream’

30 July 2026
How Manufacturers Can Strengthen Resilience

How Manufacturers Can Strengthen Resilience

30 July 2026
Most Popular
Love Island USA winners Bryce Alakai and Trinity Tatum say they will spend winning on debt, bills

Love Island USA winners Bryce Alakai and Trinity Tatum say they will spend winning on debt, bills

30 July 20262 Views
Why The Safest AI Teams Report The Most Incidents

Why The Safest AI Teams Report The Most Incidents

30 July 20261 Views
‘Am I paying for the vibes?’ Gen Z says it hates capitalism, but their spending patterns show they just don’t like being ripped off

‘Am I paying for the vibes?’ Gen Z says it hates capitalism, but their spending patterns show they just don’t like being ripped off

30 July 20261 Views

Archives

  • 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.