IMF warns economy recovery threatened by virus, inflation
WASHINGTON (AP) -- The International Monetary Fund is warning of rising threats to the global economic recovery posed by the ongoing coronavirus pandemic
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WASHINGTON (AP) -- The International Monetary Fund is warning of rising threats to the global economic recovery posed by the ongoing coronavirus pandemic
The inequality in the sharing of vaccines reflects a multilateral system that is deeply flawed.
The International Monetary Fund expects global economic growth in 2021 to fall slightly below its July forecast of 6 per cent, IMF chief Kristalina Georgieva said on Tuesday, citing risks associated with debt, inflation and divergent economic trends in the wake of the Covid-19 pandemic.
WASHINGTON (Reuters) -The International Monetary Fund expects global economic growth in 2021 to fall slightly below its July forecast of 6%, IMF chief Kristalina Georgieva said on Tuesday, citing risks associated with debt, inflation and divergent economic trends in the wake of the COVID-19 pandemic.
REGISTER NOW The U.S. and other countries are moving forward on increasing tax rates on multinational corporations, with the Biden administration and G-20 leaders agreeing on the need for more revenue. Earlier this month, G-20 leaders agreed on a plan to impose a minimum tax rate of 15% on corporations and to keep companies from shifting their profits to low-tax countries. New data released Thursday by the Organization for Economic Cooperation and Development indicated that multinational corporations have continued to shift their profits to other countries despite record low tax rates ( see s...