Tag: janet yellen

Yellen says US, Europe must respond jointly to China’s industrial overcapacity

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Treasure Secretary Janet Yellen. File. | Photo Credit: AP U.S. Treasury Secretary Janet Yellen said on May 21 that the United States and Europe needed to respond to China’s industrial policies in a “strategic and united way” to keep manufacturers viable on both sides of the Atlantic. In remarks on the importance of the U.S.-European…

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U.S. Treasury Secretary heads to China to talk trade, anti-money laundering and Chinese ‘overproduction’

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U.S. Treasury Secretary Janet Yellen is headed to a China determined to avoid open conflict with the United States, yet the world’s two largest economies still appear to be hashing out the rules on how to compete against each other. There are tensions over Chinese government support for the manufacturing of electric vehicles and solar…

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Deal to force multinational companies to pay 15% minimum tax is marred by loopholes: EU Tax Observatory

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An ambitious 2021 agreement by more than 140 countries and territories to weed out tax havens and force multinational corporations to pay a minimum tax has been weakened by loopholes and will raise only a fraction of the revenue that was envisioned, a tax watchdog backed by the European Union (EU) has warned. The landmark…

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United States and China launch economic and financial working groups with aim of easing tensions

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Janet Yellen, United States Secretary of Treasury. | Photo Credit: AP The U.S. Treasury Department and China’s Ministry of Finance launched a pair of economic working groups on Friday in an effort to ease tensions and deepen ties between the nations. Led by Treasury Secretary Janet Yellen and Vice Premier He Lifeng, the working groups…

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Nirmala Sitharaman, US Treasury Secretary Janet Yellen Discuss G20 Priorities

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Nirmala Sitharaman and Janet Yellen discussed key G20 priorities. New Delhi: Finance Minister Nirmala Sitharaman on Friday held a bilateral meeting with US Treasury Secretary Janet Yellen and discussed G20 priorities. The bilateral meeting took place a day ahead of the G20 Leadership Summit beginning on Saturday in Delhi. Union Finance Minister Smt. @nsitharaman and…

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U.S. Treasury Secretary Yellen says she will press for IMF, World Bank resources at G-20 summit

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U.S. Treasury Secretary Janet Yellen addresses the media, ahead of the G-20 Summit in New Delhi, on September 8, 2023. | Photo Credit: Reuters U.S. Treasury Secretary Janet Yellen said on September 8 she will work at the G-20 summit in India to build support to increase lending resources for the International Monetary Fund and…

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