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Giorgetti fears global-minimum-tax plan will run aground - Politics

Economy Minister Giancarlo Giorgetti said Wednesday that he fears plans to bring in a Global Minimum Tax (GMT) to make sure multinational companies pay a minimum tax rate of 15% will not come to fruition. (ANSA)

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G20 finance chiefs fail to issue joint statement amid war in Ukraine

Finance chiefs from the Group of 20 advanced and emerging economies have failed to issue a joint statement amid disagreements over Russia's war in Ukraine, according to a senior Japanese official.

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SAO PAULO/LONDON -- As Group of 20 finance ministers meet in Brazil, divisions within the G20 have allowed Russia to maintain a high level of economic

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G20: G20 finance ministers meet on world economy hit by crises, conflicts

G20 finance ministers discuss global economy, support against Russia's invasion, frozen assets for aid to Kyiv. Economic risks of cost-of-living crisis, climate change, and Middle East conflict are also on the agenda. G20 aims to address poverty, debt burdens, developing countries' representation, and international taxation, there are talks of plans to set up a fund for Ukraine.

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G20 to mention conflicts but sidestep controversies in joint statement

A draft version of the communique, far shorter than that of previous years, also flags the risks of high uncertainty to the global economy.

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Moves to unlock value of frozen Russian assets 'necessary and urgent': Janet Yellen

U.S. Treasury Secretary Janet Yellen, speaking at a news conference ahead of meetings with her G7 and G20 counterparts, said the U.S. and its allies were evaluating different options for some $285 billion in Russian assets immobilized in 2022 and the associated risks.

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IMF urges G20 economies to rebuild fiscal buffers

MD Kristalina Georgieva says policymakers should boost domestic revenues and curb the rise of public debt

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IMF urges G20 cooperation on climate, global AI principles - World

SAO PAULO: Medium-term global growth prospects are the weakest in decades, but G20 major economies could boost ...

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