US Treasury Secretary to Miss G20 Meeting in South Africa Amid Rising Tensions

The US Treasury secretary will skip the G20 finance ministers meeting in South Africa, marking the second high-profile absence of a top US official from the gathering. The decision comes as tensions between the US and South Africa escalate over the African nation's land reform policies, sparking concerns over economic instability and global trade. The move is seen as a significant diplomatic snub, with experts warning of potential economic fallout and impact on international relations. Key issues like economic growth, trade policies, and global financial stability will be discussed at the meeting, with the US absence likely to be felt. The G20 meeting is a crucial platform for global economic cooperation, with major economies like the US, China, and EU member states in attendance. The US Treasury secretary's absence may affect the outcome of the meeting, as the US is a key player in global economic affairs.