Business Nov 1, 2021
Supply chain problems have emerged as the global economy has pulled out of a pandemic-induced recession and threaten to slow recovery.
Supply chain problems have emerged as the global economy has pulled out of a pandemic-induced recession and threaten to slow recovery.
Macron gets Biden to apologize before real G20 work begins
On the eve of the Group of 20 summit meeting in Rome, the U.S. president admitted his administration had been "clumsy” in handling a new defense pact with Australia and the U.K.
A guide to G20 leaders and why a climate deal is so hard
Just days before the COP26 climate summit in Glasgow, this year's Group of 20 begins with unresolved problems, and a few telling absences.
G20 leaders to commit to tackle 'existential' climate challenge: draft statement
Leaders, who will gather for talks on Saturday and Sunday in Rome, will pledge to take urgent steps to reach the goal of limiting global warming to 1.5 degrees Celsius, the draft shows.
G20 finance chiefs back landmark tax deal and vow to act over inflation
The plan for the once-in-a-century corporate tax reform crystallized through international negotiations at the Organization for Economic Cooperation and Development.
Xi won’t attend Rome summit, Chinese envoys tell G20 sherpas
China’s COVID-19 protocols, which can include quarantine mandates for returning travelers, were cited as a reason the leader did not intend to go to Rome, sources said.
A big step forward for global tax justice
Europe must demonstrate that multilateral action can deliver for all if every country invests in it. And the new global tax agreement does just that.
The failure to agree to common language ahead of that gathering is likely to be seen as a setback to hopes of securing a meaningful accord at a key gathering in Scotland.
G20 hails cooperation, but eased U.S.-China tensions not in sight
Some analysts are warning that Japan should accelerate efforts to hedge against potential economic risks stemming from what some view as a new "Cold War."
Japan backs ASEAN's move to send envoy to Myanmar as coup continues
Since Myanmar's junta ousted the country's civilian government, more than 800 people have been killed in clashes between protestors and the military.