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Trump Administration Live Updates: Europe Protests as U.S. Invites Russian Minister to Finance Meeting
LiveUpdated
Aug. 31,
2026, 2:15 p.m. ET36 minutes ago
https://www.nytimes.com/live/2026/08/31/us/trump-news#section-834653794
Trump
Administration Live Updates: Europe Protests as U.S. Invites Russian Minister
to Finance Meeting
Russia’s
finance minister, Anton Siluanov, attending the G20 ministerial meeting for the
first time since Russia invaded Ukraine in 2022.Credit...Sam Wolfe/Reuters
What
We’re Covering Today
- G20 Meeting: The Trump
administration’s decision to invite Russia’s finance minister to a
gathering of top global financial officials in North Carolina drew
immediate protests from European nations on Monday. Europe has sought to
isolate Moscow since it invaded Ukraine in 2022, and the Russian
minister’s surprise appearance comes amid increased tension between
President Trump and longtime allies. Read
more ›
- Middle East: The first
exchange of fire in a month between the United States and Iran
highlighted how their war, which Mr. Trump had promised would end quickly,
has persisted for more than six months despite his attempts to find a
resolution. Read
more ›
G20
Meeting
Aug. 31,
2026, 5:04 a.m. ETAug. 31, 2026
Jim Tankersley and Alan Rappeport
Jim
Tankersley reported from Asheville, N.C., and Alan Rappeport from Washington.
Finance
chiefs from the world’s wealthiest nations are meeting at a challenging moment.
Image
Treasury
Secretary Scott Bessent and the Federal Reserve chairman, Kevin Warsh, in
Asheville, N.C., before the summit. The International Monetary Fund has
projected that global growth will slow this year and that inflation will
rise. Credit...Melissa S. Gerrits/Reuters
Russia’s
finance minister made a surprise appearance at a gathering of top global
economic policymakers on Monday after a prolonged absence, an invitation that
was extended by the Trump administration but drew rebukes and protests from
European officials committed to isolating Moscow for its war against Ukraine.
The
summit of finance ministers and central bankers from the Group of 20 nations,
in the mountain town of Asheville, was billed by the Treasury Department as a
chance to find global cooperation on new economic punishments for Iran and new
strategies to boost growth at a time of stubbornly high inflation and rising
borrowing costs that are straining government budgets.
Instead,
the meeting opened on Monday morning with European outrage over the Russian
finance minister, Anton Siluanov, who was physically in attendance for the
first time since Russia invaded Ukraine in 2022.
Lars
Klingbeil, the German vice chancellor and finance minister, told reporters that
he had scolded Mr. Siluanov during an early session of the meeting for the
invasion, demanding that Russia end the war and pledging ongoing support for
Ukraine, which was not represented in person at the gathering.
Serhiy
Marchenko, Ukraine’s finance minister, is expected to participate by video
conference on Monday afternoon in a meeting of finance ministers from the Group
of 7 nations that France is leading. France is host of the G7 this year and
will be holding the meeting on the sidelines of the broader G20 gathering.
European
leaders have worked to isolate Russia in the global economy and on the
diplomatic stage, and, at a moment in the war when Moscow has
relentlessly bombarded Kyiv, they did not want anything at the meeting to
suggest that has changed.
“Receiving
the Russian finance minister here sends a signal I find troubling,” Mr.
Klingbeil told reporters on Monday afternoon. “I would have preferred clear
positioning from the U.S. side that he not be received like a regular guest.”
Mr.
Siluanov’s presence was not announced publicly by American officials before the
summit, and White House officials did not respond to questions on Sunday over
whether he had been invited. His appearance came as President Vladimir V. Putin
of Russia was set to join President Xi Jinping of China and President Masoud
Pezeshkian of Iran at a summit in Kyrgyzstan. China’s finance minister and the
head of its central bank were, as is typical, also in attendance at the G20
meeting.
Mr.
Klingbeil said European representatives had unanimously demanded that their
American hosts not include Mr. Siluanov in a traditional group photo from the
summit, threatening to boycott if he was in the picture.
It was
eventually taken without him, and with the Europeans.
Many
Europeans were also upset that representatives from South Africa, a longtime
member of the G20 and Africa’s largest economy, were not invited by the
Treasury Department to Asheville. President Trump announced
last year, after skipping a G20 summit hosted by South Africa, that he
would exclude the country from this year’s meetings, citing a false narrative
that white South Africans were being indiscriminately killed and that their
land was being seized.
Administration
officials invited a group of American business executives, from industries like
banking and cryptocurrency, to meet with the government leaders in an effort to
create networking opportunities between government officials and the private sector.
They rebuffed requests to also include executives from other G20 countries. The
moves have unsettled some attendees at the gathering; Mr. Klingbeil appeared to
have left the first C.E.O. session to speak to reporters.
As he
welcomed his international counterparts to the summit, Treasury Secretary Scott
Bessent said the U.S. wanted to refocus the G20 on its original mission of
accelerating global growth. He said countries needed to work together to
reverse global economic imbalances that were harming many nations.
“A
durable global economy cannot rest on beggar-thy-neighbor acts that stifle
fair, market-based competition,” Mr. Bessent said.
The
summit comes at a pivotal moment, with the International Monetary Fund
projecting that global growth will slow this year and inflation will rise. The
decision by the United States to attack Iran in February disrupted the flow of
oil and pushed energy prices higher, darkening the outlook for a world economy
that has been battered by wars and a pandemic in recent years.
Huddled
in a North Carolina mountain resort, officials were expected to discuss ways to
reinforce global supply chains for commodities such as critical minerals,
opportunities to increase international investment and strategies for reducing
or restructuring debt. The conversations are taking place as the U.S. gross
national debt just
topped $40 trillion, creating anxiety among bondholders and raising fears
about higher borrowing costs.
“Mounting
fiscal pressures, as evidenced by rising bond yields, and a stalled
disinflation process — they are sources of worries both for markets and for
policymakers,” Kristalina Georgieva, managing director of the I.M.F., told
reporters ahead of the meetings.
Those
concerns have been especially evident in the United States. In recent weeks,
Mr. Bessent initiated surprising interventions in global currency markets and
in the U.S. bond market in an effort to contain rising borrowing costs. Those
measures have so far been only modestly effective, and they have drawn pushback
from the European Union, which has seen its own currency suffer as a result of
some of Mr. Bessent’s machinations.
Global
leaders also remain wary of the U.S.-Israeli war with Iran, which has driven up
energy costs worldwide, disrupted supply chains and dragged on growth.
Unifying
the G20 has been a challenge for the administration, as countries continue to
cope with the uncertainty surrounding Mr. Trump’s trade policies and the steep
tariffs that he has imposed on imports, along with fallout from the war.
American
officials have asked allies to join their “Operation Economic Outcast”
initiative, which aims to strangle the Iranian economy and resolve the conflict
through economic sanctions. Mr. Bessent warned last week that countries that
did not sever economic ties with Iran would also face U.S. sanctions.
A senior
Treasury official said in a briefing ahead of the Asheville meetings that the
Iran plans would feature prominently in the discussions. Mr. Bessent signaled
last week that the United States would have limited patience for countries that
maintained economic ties with Iran, and that he hoped other countries would
comply with the Trump administration’s demands to cut off Iran in order to
avoid a broader global economic war.
“Why
would I want to blow up the global financial system?” Mr. Bessent said.
In
another controversy, the Treasury has denied
press credentials for attending the meetings to certain U.S.-based
reporters for The New York Times and The Wall Street Journal, along with
correspondents for Bloomberg News from several countries.
Germany’s
finance ministry intervened with the Treasury after it initially denied
credentials to German-based reporters from The Times and Bloomberg, who planned
to travel with Mr. Klingbeil to Asheville.
The
ministry succeeded in securing a credential for the Times reporter, the
newspaper’s Berlin bureau chief, but not the Bloomberg reporter.
A
diplomatic official, speaking on the condition of anonymity under a customary
practice in the official’s home country, said German officials viewed the
denial of credentials for Bloomberg, an international news agency, as
unprecedented and unacceptable.
Met Gala exhibition honoring John Galliano is cancelled after backlash
Met Gala
exhibition honoring John Galliano is cancelled after backlash
Fashion
designer was convicted of hate crime by French court in 2011 after series of
racist and antisemitic remarks
Mon 31
Aug 2026 16.00 BST
https://www.theguardian.com/fashion/2026/aug/31/met-gala-john-galliano-cancelled
The
controversial fashion designer John Galliano announced
on Monday that an exhibition honoring his work that New York’s Metropolitan
Museum of Art had scheduled to open for the upcoming spring’s Met Gala is not
going to go forward.
The
museum’s decision to honor Galliano, who was convicted of
a hate crime by a French court in 2011 after a series
of racist and antisemitic remarks, had drawn controversy and backlash.
“After
much reflection and discussion with all those involved, I have decided, with
great sadness, that it is best for the exhibition not to take place at this
time,” Galliano wrote in a statement posted
on Instagram on Monday morning.
The
exhibition, titled John
Galliano: Horizons, was announced
in early August and was set to have been kicked off by the annual Met
Gala.
In his
statement on Monday saying that the exhibition was off, Galliano wrote: “I
remain fully accountable for the pain caused by my words in the past,
particularly the hurt I caused to the Jewish and Asian communities, and I
remain deeply sorry.
“I
understand that meaningful atonement is not achieved through an exhibition,
institutional recognition or a single public gesture. It is a continuing
responsibility, demonstrated through listening, learning and one’s conduct over
time.”
He also
wrote: “I do not want the debate surrounding me to place the Met in a difficult
position or distract from the remarkable work of the Costume Institute. I also
recognize and respect that an exhibition honoring my work would be painful for
some.”
In a
separate statement on
Monday, the Metropolitan Museum of Art director and chief executive officer,
Max Hollein, said: “Following thoughtful discussions with John Galliano, we
have together decided not to proceed with the exhibition.”
The Met
trustee Anna Wintour added:
“John’s decision that the exhibition devoted to his work should not take place
at this time is very courageous and a measure of the man he is.
“I
believe this is the right decision, and both he and the museum have my full
support.”
The New
York Times had reported on Friday that opposition to the museum’s
plans with respect to Galliano had grown in recent days among Jewish leaders in
New York City and beyond. The newspaper also reported that some donors had
contacted Met executives and threatened to withdraw gifts to the museum if the
exhibition went ahead as planned.
The New
York City council speaker, Julie Menin, also sent a letter to the
Met leadership, calling the museum’s decision to honor Galliano “a mistake”.
Menin also urged the institution to reconsider.
On
Monday, Menin wrote on social media: “Museums such as The Met must be held to a
high standard of inclusiveness and tolerance, and I am pleased that they have
listened to the concerns I have raised and reacted with the right decision.”
Menin
also described herself as the daughter of a Holocaust survivor and the first
Jewish speaker of the New York City
council, saying, “This decision was personal to me, and the Jewish community
and I felt a strong obligation to speak out.”
The New
York Times reported that the Met’s board of trustees had been
scheduled to gather on Monday morning to discuss the exhibition.
The
museum said on Monday that details about “a new spring Costume Institute
exhibition and the 2027 Met Gala will be
announced at a later date”.
The
remarks which resulted in Galliano’s hate crime conviction in France also led
to his being fired as creative director of the famous fashion brand Christian
Dior.
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