G20 finance leaders agree trade tensions have ‘intensified’
10 June 2019 | 10:36 am
G20 finance chiefs said trade and geopolitical tensions have intensified but did not express a pressing need to resolve them. Their communique outlines a pickup in global growth.
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12 Sep 2020
The papers look at accusations US Postmaster General Louis Dejoy pressured former employees into donating to Republican candidates. Meanwhile in Lebanon, British paper the Guardian looks at the "forgotten victims" of the Beirut explosion. And finally, American papers continue reacting to a university professor's bizarre confession.
29 Sep 2020
The German finance minister has kicked off days of debate over the 2021 budget, arguing for more debt to support the economy during the coronavirus pandemic. "It's a really, really" large sum, admitted Scholz.
9 Oct 2020
European finance experts are in Rome as part of an audit and have praised the Vatican's efforts to clean its financial house. The pope likened the fight to Jesus expelling the money changers from the temple.
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Nigeria to borrow $1.2BN to finance agriculture
3 Apr 2021
Prime Minister Igor Matovic has pitched switching jobs to resolve the standoff over the ruling coalition's pandemic measures. However, some are calling for his removal entirely.
24 Apr 2021
As US President Joe Biden prepares to host his virtual climate summit on Earth Day, Treasury Secretary Janet Yellen has said private money will be needed to help the country become carbon neutral. Finance plays a major role in this area, with "green bonds" being used to fund investment in projects including renewable energy, public transport and low-carbon housing. Also today, we bring you a report from a French seaside town where businesses are preparing for Covid-19 restrictions to be lifted so that visitors can return.
17 May 2021
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22 May 2021
If it's all about the post-pandemic recovery and if deficits no longer matter, then what about Africa? France is welcoming leaders for a summit devoted to finance and relieving the debt owed by a continent that felt the full brunt of a world economy under lockdown. The age-old question feels more acute than ever: how to be like the US and Europe and earmark huge sums for healthcare, schools, green energy and infrastructure... instead of using the money to pay interest on old debts?
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Finance ministers representing the world's wealthiest nations are meeting for a two-day summit in London, aiming to make progress on a deal to overhaul the way corporations are taxed worldwide. A G7 accord could involve a new global minimum tax rate. Also, the US expands a ban on investments in Chinese companies.
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The final report of a parliamentary probe into the scandalous collapse of the German payment-processing company Wirecard has concluded that the Finance Ministry failed to detect fraud that cost investors millions.
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The world's largest economies will plan how to push ahead with the proposal to set a minimum corporate tax rate. Some countries are still withholding their support.
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Pope Francis has acknowledged the many well-wishes the 86-year-old has received while he’s being treated in a Rome hospital for a respiratory infection.
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