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Added on the 05/04/2021 17:43:50 - Copyright : AFPTV - First images
Redoubling support for war-stricken Ukraine is the "single best" way to aid the global economy, US Treasury Secretary Janet Yellen says on the sidelines of a G20 finance minister summit in India. SOUNDBITE
The global economy is "in a better place" than predicted a few months ago in the wake of the Covid pandemic and Russia's invasion of Ukraine, US Treasury Secretary Janet Yellen says ahead of a G20 finance ministers meeting in India. SOUNDBITE
The Fed predicts a 5.2 percent rate of inflation, as measured by the personal consumption expenditures price index, before falling rapidly to 2.6 percent next year and 2.2 percent in 2024, Chair Jerome Powell says during a press conference. SOUNDBITE
Ireland abandons its resistance to a higher tax rate for global multinationals and agrees to sign up to an international agreement to impose a 15 percent levy on the world's biggest companies. SOUNDBITE
Britain's finance minister Rishi Sunak hails a "historic agreement" by G7 finance ministers meeting in London to commit to a global minimum corporate tax of at least 15 percent. SOUNDBITE
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