Bank of England governor walks out of IMF summit in protest against Russia

What happened: Bank of England governor Andrew Bailey joined finance leaders from France, Germany and Scandinavian and Baltic countries in walking out of an IMF session in Bangkok as Russian finance minister Anton Siluanov spoke. Key numbers: German Bundesbank president Joachim Nagel said nearly half of all delegates took part in Why it matters: Germany had warned against efforts to bring Russia back onto the international stage, and a European diplomat said relations with Russia cannot be normalised. The US treasury undersecretary Erin Browne said Washington supported Russia's presence.

Bank of England governor Andrew Bailey joined finance leaders from France, Germany and Scandinavian and Baltic countries in walking out of an IMF session in Bangkok as Russian finance minister Anton Siluanov spoke.

Germany had warned against efforts to bring Russia back onto the international stage, and a European diplomat said relations with Russia cannot be normalised. The US treasury undersecretary Erin Browne said Washington supported Russia's presence.