Biden Defends US Pullout From Afghanistan

Biden Defends US Pullout From Afghanistan

President Joe Biden has said he stands “squarely” behind the US exit from Afghanistan as he faces withering criticism over the Taliban’s lightning conquest of the war-torn country. “How many more American lives is it worth?” asked the Democratic president. ...
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G20 Finance Ministers Back Deal To Tax Companies

G20 Finance Ministers Back Deal To Tax Companies

G20 finance ministers have backed an “historic” plan which will see multinational companies pay their “fair share” of tax around the world. The plan to battle tax avoidance puts in place a minimum global corporate tax rate of 15%. ...
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UK To Join Asia-Pacific Free Trade Pact

UK To Join Asia-Pacific Free Trade Pact

Britain is to start negotiations to join a free trade area which could grant businesses access to “some of the biggest economies of the present and future”, the government has said. The Comprehensive and Progressive Agreement for Trans-Pacific Part...
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IMO Pushes Back Talks On Fuel Tax

IMO Pushes Back Talks On Fuel Tax

The proposal to introduce fuel levy in the shipping industry to help speed up the transition from fossil fuels to zero-carbon alternatives has been postponed until the next International Maritime Organisation and Marine Environment Protection Committ...
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G7 Leaders To Unveil Global Anti-Pandemic Action Plan

G7 Leaders To Unveil Global Anti-Pandemic Action Plan

G7 leaders are to commit to using all their resources in an effort to ensure the devastation caused by a pandemic like Covid-19 is never repeated. On the second day of their summit in Cornwall, they will issue a declaration...
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WTO To Work With Europeans On Legality Of EU Carbon Tax Plan

WTO To Work With Europeans On Legality Of EU Carbon Tax Plan

World Trade Organization will work with a number of European countries to ensure a proposed EU carbon tax will respect international trade rules.French Finance Minister, Bruno Le Maire and the WTO’s new leader, Ngozi Okonjo-Iweala told a press confer...
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World Trade Bounces Back To Pre-Coronavirus Levels

World Trade Bounces Back To Pre-Coronavirus Levels

International trade recovered at the end of 2020 to pre-coronavirus levels, making up for the sharp hit from the COVID-19 pandemic in the first half of the year, Dutch economic policy adviser CPB said on Thursday.World trade increased 4% on...
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G7 Increases Support For Covax Scheme To $7.5b

G7 Increases Support For Covax Scheme To $7.5b

G7 leaders have pledged to intensify co-operation on Covid-19 and increase their contribution to the Covax vaccine-sharing initiative. In a joint statement released after a virtual summit on Friday, G7 leaders raised their overall commitment to $7.5bn (£...
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COVID-19 Claims 734 Indian Doctors

COVID-19 Claims 734 Indian Doctors

India’s main association of physicians, on Thursday, said more than four times as many doctors had died than the government has said.  This is as the country ramps up vaccination of health-care professionals in its bid to contain the COVID-19...
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UK Completes Separation From EU

UK Completes Separation From EU

A new era has begun for the United Kingdom after it completed its formal separation from the European Union.  The UK stopped following EU rules at 23:00 GMT, as replacement arrangements for travel, trade, immigration and security co-operation came into...
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China Declares $7.77b Auto Export In November

China Declares $7.77b Auto Export In November

China’s automobile imports and exports expanded further in November, according to data released by the China Association of Automobile Manufacturers (CAAM). Last month, the import and export volume of automobile commodities totaled 16.3 billion U.S. dollars,...
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Fifteen Countries Seal World Biggest Trade Deal

Fifteen Countries Seal World Biggest Trade Deal

Fifteen countries have formed the world’s largest trading bloc, covering nearly a third of the global economy. The Regional Comprehensive Economic Partnership (RCEP) is made up of 10 Southeast Asian countries, as well as South Korea, China, Japan, Austra...
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“Post-COVID Recovery Should Lock In Ocean Sustainability“

“Post-COVID Recovery Should Lock In Ocean Sustainability“

The Commonwealth Secretary-General, Patricia Scotland is urging governments to ensure their countries’ post-COVID economic recoveries are environmentally sustainable and safe for the ocean. Forty-seven of the Commonwealth’s 54 member countries ha...
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