Tag: #G20
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G20s decision to include African Union a historic move
DELHI: The African Union (AU) invited by India’s Prime Minister Narendra Modi to join the G20 as its newest permanent member is a move not surprising for many, claims BBC. According to BBC, a key objective of the move is to unite Africa and enable it the opportunity to have a “unified voice in global affairs”.…
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Russia declares support from China against Western ‘Blackmail’
Russia has accused the West of blackmail and threats at the G20 meeting of foreign ministers, declaring China’s support over its position, dominated by the war in Ukraine. The Russian administration has claimed China lent support during the “stormy” meeting in Delhi dominated by the Russo-Ukraine war. According to international media reports, the event came…
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G20 agrees aid to avert Afghanistan humanitarian crisis
G20 Leaders agree Taliban will need to be involved in assistance but stress it does not mean recognition of its government
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How much relief is Pakistan likely to get from G20 countries?
It is estimated that Pakistan can get about 900 million in relief from G20 countries, according to sources. Doubtful operational capabilities of Serene Air raises alarm in customer minds 45 members of Akshay Kumar’s team test positive for covid-19 Personal Info of Justin Bieber, Hailey Bieber leaked Government’s commendable decision for senior citizens According to…
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Janet Yellen proposes “Global Minimum Corporate Tax” to discourage tax haven culture by corporations
The US is pushing the G20 for adoption of global minimum corporate tax
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Germany hails US shift on digital tax as ‘giant step forward’
Berlin, Feb 26 (AFP/APP):Germany welcomed Washington’s decision Friday to drop its insistence that compliance with a global digital tax be voluntary, opening the door to an agreement. “This is a giant step forward on our path towards an agreement among the participating states by the summer,” German Finance Minister Olaf Scholz said in a statement…
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US drops key obstacle to global digital tax: Treasury
Washington, Feb 26 (AFP/APP):US Treasury Secretary Janet Yellen told her G20 colleagues Friday that Washington is dropping a push for a controversial provision in a global digital tax, opening the door to an agreement. The administration of former president Donald Trump had insisted on a so-called safe harbor clause in the OECD tax that…
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Janet Yellen calls on G20 governments to continue supporting feeble economies
Washington, Feb 25 (AFP/APP): US Treasury Secretary Janet Yellen on Thursday called on G20 governments to continue to provide substantial support for their economies to recover from the pandemic crisis. “We must continue to provide economic support to our citizens, creating a bridge to the end of the pandemic,” Yellen said in a letter to finance officials…
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Pakistan gets relief from G20 countries?
According to a Baaghi TV report, Pakistan has received a debt relief of approximately 800 million from the G20 group. According to government sources, in the last seven months, 14 countries have entered into agreements with Pakistan to provide loan repayment concessions. Under which, Pakistan has received a temporary relief of 800 million. Apart from…
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US approves Covid therapy, G20 pushes for global vaccine access
Washington, Nov 22 (AFP/APP):US drug regulators gave emergency approval to a Covid-19 antibody therapy on Saturday and G20 nations pushed for global access to vaccines as the pandemic led to further closures in parts of the world. With cases surpassing 12 million in the United States, the highest in the world, many Americans were nonetheless…