Yellen says $3T of fresh capital is needed annually to fight climate change – POLITICO Skip to main content Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, … Read more
It calls national security “a pivotal foundation for ensuring steady and sustained progress in Chinese modernisation”. “We will strengthen the institutions and mechanisms for early warning, prevention and control, and protection against risks to China’s interests and investments overseas and deepen international law enforcement cooperation in the realm of security,” it reads. This is to … Read more
“With full respect to tax sovereignty, we will seek to engage cooperatively to ensure that ultra-high-net-worth individuals are effectively taxed,” ministers wrote in a separate declaration on international tax cooperation, also seen by POLITICO. Brazilian Finance Minister Fernando Haddad welcomed what he called an “historic” agreement. Brazil has previously floated the idea of a global … Read more
“I prefer this debate on international taxation to the interminable debate in France on our own tax system,” Le Maire told reporters in April. ‘Nothing has been ruled out’ For France’s opposition parties, which broadly speaking are less pro-business than Macron, there’s now disquiet that the government’s backing for the super-rich tax gives it the … Read more
Treasury Secretary Janet Yellen’s recent declaration that the US opposes the proposal for a global wealth tax on billionaires marks a significant development in the international economic landscape. This stance, rebuffing a suggestion from Brazil, France, and other nations, holds far-reaching implications for global wealth distribution and taxation policies. Brazil assumed the rotating presidency of … Read more
The U.S. plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment — an election-year move that’s likely to increase friction between the world’s two largest economies. The tariffs are unlikely to have much of an inflationary impact because of how they’re structured. Administration officials said they … Read more
Yan Pengcheng, who served under He in various roles at the National Development and Reform Commission (NDRC), has been appointed as a deputy head of the general office of the Central Financial and Economic Affairs Commission. The latter is a powerful Communist Party body responsible for managing the world’s second-largest economy and He is director … Read more
The week-long trip to China by US Treasury Secretary Janet Yellen sidestepped core economic disputes, and without headway, analysts said the pressure of November’s presidential election could force the Biden administration “to be more aggressive” on the trade front. Yellen ended her second trip to China in 10 months on Tuesday, having met Chinese officials … Read more
Ever since she ate mushrooms that can have psychedelic effects in Beijing last July, Janet Yellen has united Americans and Chinese in wanting to know what she will eat next. And with the US Treasury secretary back in China this week, having stopped in Guangzhou and Beijing, many people are less interested in her travels … Read more
Treasury Secretary Janet Yellen and Chinese Premier Li Qiang sounded a hopeful note on bilateral relations at the start of their Sunday meeting in Beijing. The U.S.-China relationship can only move forward with direct and open communication, Yellen told Li, after arriving in the Chinese capital from the southern city of Guangzhou. “The meeting was … Read more
