Coronavirus puts global recovery at risk, IMF tells G20

Business / Economy Feb 24, 2020

Coronavirus puts global recovery at risk, IMF tells G20

The deadly coronavirus epidemic could put an already fragile global economy recovery at risk, the IMF warned Sunday, as G20 financial chiefs discussed ways to contain its economic ripple effects. Global growth was poised for a modest rebound to 3.3 percent this year, up from ...

France and U.S. agree to extend talks over tech tax

Business Jan 22, 2020

France and U.S. agree to extend talks over tech tax

by Jérôme Rivet

Presidents Emmanuel Macron and Donald Trump have agreed to extend negotiations on a dispute over a French tax on tech titans to the end of the year, postponing Washington's threat of sanctions, French officials said Tuesday. French Finance Minister Bruno Le Maire, speaking before a ...

France and U.S. set two-week target for digital tax deal

Business Jan 8, 2020

France and U.S. set two-week target for digital tax deal

Paris and Washington have set a two-week deadline to end a row over a French proposal to tax multinational tech giants, French Finance Minister Bruno Le Maire said Tuesday. President Donald Trump last month unveiled sky-high retaliatory duties on $2.4 billion of French products from ...

France warns it will block development of Facebook Libra in Europe

World Sep 12, 2019

France warns it will block development of Facebook Libra in Europe

France warned Thursday it will block development of Facebook Inc.'s planned Libra cryptocurrency in Europe because it threatens the "monetary sovereignty" of governments. "I want to be absolutely clear: In these conditions, we cannot authorize the development of Libra on European soil," Bruno Le Maire ...