G20 Countries Agree on Approach to Shut Down Big Tech's Tax Loopholes

G20 Countries Agree on Approach to Shut Down Big Tech’s Tax Loopholes Group of 20 finance ministers meeting in Fukuoka, Japan reached a tentative agreement on Saturday to “compile common rules to close loopholes used by global tech giants” such as Amazon, Apple, Facebook, and Google, Reuters reported—with a particular focus on …

Trade war, weak growth to test G20 finance leaders' economic optimism

Trade war, weak growth to test G20 finance leaders’ economic optimism Raging global trade tensions are likely to force some finance leaders from Group of 20 nations meeting in Japan this weekend to issue stark warnings about risks to the world economy, challenging the forum’s more upbeat outlook on global growth.

Japan Finmin Aso: Sino-U.S. trade war won't trigger economic crisis

Japan Finmin Aso: Sino-U.S. trade war won’t trigger economic crisis Japanese Finance Minister Taro Aso said on Tuesday the Sino-U.S. trade war would not immediately trigger an economic shock on the scale of the “Lehman shock”, though the friction between the world’s two largest economies is unlikely to be resolved easily.