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G20

Italy welcomes US proposal for minimum global corporate tax of at least 15pc
Markets

Italy welcomes US proposal for minimum global corporate tax of at least 15pc

  • Washington on Thursday offered to accept a rate of at least 15% during international negotiations, significantly below its proposed 21% minimum for US multinational firms.
  • "The possibility of reaching a global and consensus-based solution is now concrete," Italian Economy Minister Daniele Franco said in a statement.
Updated 21 May, 2021 06:57pm
G20 to look for ways to ensure sustainable financing to manage pandemics
World

G20 to look for ways to ensure sustainable financing to manage pandemics

  • "The High-Level Independent Panel on Financing the Global Commons for Pandemic Preparedness and Response (...) will consider practicable solutions to ensure sustainable financing for pandemic prevention, surveillance, preparedness, and response", Ignazio Visco said at a World Bank event.
Published 09 Apr, 2021 05:56pm
Japan's Aso says G20 clarified, not changed, its stance on FX
World

Japan's Aso says G20 clarified, not changed, its stance on FX

  • "We clarified in written form the G20 nations' thinking on currency rates. It's a clarification, not a change, in our stance," Aso told reporters on Wednesday.
  • Aso was speaking after attending a virtual meeting of leaders from the G20 major economies, held on the sidelines of IMF/World Bank spring meetings.
Published 07 Apr, 2021 08:20pm
The ‘bailout’ bill
Opinion

The ‘bailout’ bill

The State Bank of Pakistan (SBP) amendment bill was approved by the cabinet on 9 March 2021 after less than a...
Published 22 Mar, 2021 04:18am