Tag: government policy
Taiwan wants to join the IMF to get financial protection from China
WASHINGTON -- Taiwan, a major economy the size of Poland but absent from global organizations, is making a longshot push to join the...
Financial cooperation and BRICS expansion are on the table as Putin hosts Global South leaders
KAZAN, Russia -- Russia’s President Vladimir Putin on Wednesday hosted China’s Xi Jinping, India’s Narendra Modi and other world leaders at a summit...
Yellen says isolationism 'made America and the world worse off' in speech to global finance leaders
WASHINGTON -- Treasury Secretary Janet Yellen is telling world financial leaders that the U.S. economy has grown stronger because the Biden administration rejected...
Putin hosts Global South leaders at summit intended to counterbalance Western clout
China’s Xi Jinping, India’s Narendra Modi and other global leaders have arrived in the Russian city of Kazan for a summit of the...
Hong Kong cuts liquor tax in effort to reignite its nightlife industry
HONG KONG -- Hong Kong’s leader announced a cut to liquor tax Wednesday as the Asian financial hub hopes to revive its reputation...
South Korea's central bank raises rates in a bid to boost the economy
SEOUL, South Korea -- South Korea’s central bank on Friday cut its policy rate for the first time in more than four years...