Tag: G-20 summit

Yellen Says Some Russia Sanctions Could Remain Even If Ukraine War Ends

November 14, 2022
Business & MarketsDemocratseconomic policieseconomyEuropeExecutive BranchG-20 summitJanet YellenNational SecurityPolicies & ImpactsPoliticsRussia-Ukraine WarRussian sanctionsUSUS NewsWorld
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U.S. Treasury Secretary Janet Yellen announced that some sanctions on Russia would likely remain in place even if the war in Ukraine ends. Yellen, who is attending the annual G-20 summit in Bali, Indonesia, said that any eventual peace agreement would generally involve a review of the sanctions that the United States and its allies have imposed…

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130 Countries Back Global Minimum Corporate Tax of 15 Percent, Despite Vocal Opposition

July 2, 2021
Big TechBusinessEconomieseconomyExecutive BranchG-20 summitInternationalPoliticspresident joe bidentax havensUSUS NewsWorld
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Officials from 130 countries on June 1 agreed to establish a new framework for international tax reform, the Organisation for Economic Cooperation and Development (OECD) announced. The two-pillar package would mean that multinational companies, including Big Tech, would be forced to pay a minimum 15 percent tax in each country they operate in, regardless of whether firms have a physical…

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