Indonesia's finance chief, who chaired a meeting of G20 finance officials in Washington, acknowledged the body faced unprecedented challenges but called for cooperation.
For David Lawder's latest contributions to The Japan Times, see below:
As the world's wealthy democratic powers roll out new sanctions against Russia, it has become clear that the easiest options are now exhausted.
It was unclear, however, what resources may be available to aid Ukraine's people if Zelenskyy's democratically elected government is deposed by Russian forces.
The officials said Washington was losing patience with Beijing, which had "not shown real signs" that it would close the gap in the two-year purchase commitments.
The additional $20 billion in financing support will provide support for climate mitigation efforts including low-carbon energy sources.
The country's central bank is thought to hold foreign currency, gold and other treasures in its vaults, but the vast majority of the assets are held outside Afghanistan.
The deal aims to end what U.S. Treasury Secretary Janet Yellen has called a "30-year race to the bottom on corporate tax rates" as countries compete to lure multinationals.
The U.S. global minimum tax proposal is expected to be a key topic of discussion at a preliminary virtual G7 finance leaders meeting on Friday.
The Senate voted an overwhelming 84-15 to confirm Janet Yellen as the first woman to lead the U.S. Treasury earlier this week, setting her quickly to work with Congress on coronavirus relief, reviewing U.S. sanctions policy and strengthening financial regulation. All opposition was from Republicans, ...
U.S. President-elect Joe Biden should keep pressing China to stick to the phase one trade deal and use tariffs as leverage, U.S. Trade Representative Robert Lighthizer said, adding that Beijing has done a "reasonably good job" at implementing parts of the deal. In a rare ...