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Intervention for the Global Economy – Watching America

Posted on April 15, 2021. U.S. Treasury Secretary Janet Yellen is advocating a global minimum tax rate for companies operating overseas. Chances are good that it will actually happen. America is again turning to face the world. President Joe Biden continues to reiterate this message clearly. In the same vein, Treasury Secretary Janet Yellen assured during her first big international speech that a stable and prosperous global economy is a core American interest. The sentence should be a matter of course, really, but during the four years of Donald Trump it was not. Shortly before the beginning of the (in this case, virtual) semiannual meeting of the International Monetary Fund and the World Bank, she also very clearly expressed support for a global minimum tax rate that large, multinational companies should pay. Chances are good that this tax rate will actually be imposed.

Merkel Party Leader Reinforces Call for Tighter German Lockdown

Merkel Party Leader Reinforces Call for Tighter German Lockdown Bloomberg 1 hr ago Iain Rogers (Bloomberg) The leader of Chancellor Angela Merkel’s party reinforced his call for strict, short-term curbs to contain Germany’s resurgent outbreak, as he tries to gain backing for the plan. A hard two- to three-week shutdown is needed to get Germany’s incidence rate under control, Armin Laschet, the chairman of Merkel’s Christian Democratic Union, said Tuesday. After the so-called bridge lockdown, the restrictions could be cautiously lifted as vaccinations gather pace and increased testing allows more businesses to reopen, he told public broadcaster ZDF.

World Business Quick Take - Taipei Times

World Business Quick Take - Taipei Times
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.

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