G20 hears a US$250-billion-a-year idea: tax the super-rich
FRENCH economist Gabriel Zucman brought a US$250-billion-a-year idea to top policy makers from the world’s biggest economies on Thursday: slap an international...
Yellen cites monetary tightening as risk in global outlook
TREASURY Secretary Janet Yellen cited central bank interest-rate hikes around the world as one potential risk to a generally favourable economic outlook.
World economy has growing shot at soft landing, G20 draft says
THE global economy has a growing chance of pulling off a soft landing, finance chiefs said in a draft of the G20’s...
IMF urges G20 cooperation on climate, global AI principles
MEDIUM-TERM global growth prospects are the weakest in decades, but G20 major economies could boost growth prospects if they work together to...
G20 finance meeting to set aside geopolitics, focus on economics
WITH their countries deeply divided over Israel’s attacks on Gaza, finance officials from the Group of 20 major economies are poised to...
G20 voices broad support for two-state solution in Middle East
G20 nations broadly back a two-state solution to the conflict in the Middle East, host Brazil said Thursday after a meeting of...
Global watchdog to report in October on how social media fuels bank runs
GLOBAL financial regulators will present the G20 in October their findings from a “deep dive” on how social media can speed up...
Global asset managers face tougher rules on investor cash calls
GLOBAL regulators published tougher rules on Wednesday (Dec 20) for managers of open-ended investment funds to ensure they can meet investor cash...
China says willing to play ‘constructive’ role in Apec’s success
CHINA is willing to play a “constructive” role in the success of the Asia-Pacific Economic Cooperation (Apec) summit in San Francisco, its...
G20 divisions diminish its potential
IN 2009, during the storm of the global financial crisis, the G20 coordinated a stimulus package of some US$1 trillion to bolster...