Eurobonds are costly for governments. But they are also attractive because investors buy them without preconditions.
A proposed global plan to close cross-border tax loopholes compares poorly to a digital services tax imposed by individual countries.
The G-7 nations, which include the US and UK, form the foundation of the modern global economy.
The inefficient vaccine allocation rules currently in place must be replaced by new cooperative institutional structures and more concrete steps by the Group of Twenty (G20) countries.
Choosing former Secretary of State John Kerry as climate envoy is the first step. To regain trust, the U.S. will also have to take concrete actions to cut its own greenhouse gas emissions.
Anthony Albanese has announced that the Labor party will hold its national conference “virtually”.
Hosted by Russia, the summit gave the BRICS group a chance to harmonise their approach before the G20 meeting in Riyadh.
Prime Minister Scott Morrison announced today that following Mathias Cormann’s resignation, Cormann will be nominated as a candidate for secretary general at the OECD.
What groups like the G20 can do to help fix the problem.
African countries should tread carefully over the debt relief offered by multilateral institutions and other lenders. It could prove very costly in the medium to long term.
A blanket solution to Africa’s debt burden risks costing African countries dearly in terms of access to international capital markets and the relatively lower cost of borrowing.
The COVID-19 pandemic demands that Canada and other rich countries do all they can to slow the global spread of the virus — for the health security of people around the world, and for Canadians too.
The IMF/World Bank spring meetings offer Africa an opportunity to put on the table what it needs to mitigate the impact of COVID-19.
During the Global Financial Crisis, the world benefited from American leadership. That is missing – along with any logical replacement – in the current crisis.
US President Donald Trump stole the show over the weekend with seeming breakthroughs on the China trade war and North Korea. Disaster has been averted, but for how long?
Australia can’t afford to pick sides between the United States and China. That’s a good thing.
Trade wars are symptoms of underlying economic problems rather than their cause.
Presidents Xi and Trump agreed to restart trade talks at the G-20, but even if a major deal is reached, US companies would still have a very hard time doing business in China.
Relentless coverage of China’s political system, allegations of interference in Australia’s politics, and its poor relations with neighbours have led to Australian attitudes towards China.
In a major speech ahead of the G20, Prime Minister Scott Morrison commits to further enhancing Australia’s relationship with China while maintaining its allyship with the United States.