President Biden will sign on to an international pact aimed at ending profit-shifting by large companies. Here’s a look at what it means.
Author: ALAN RAPPEPORT
Pastries and Persuasion: How a Global Tax Deal Got Done
Over Zoom calls from basements and a breakfast in Brussels, faltering negotiations to remake the world’s tax architecture were revived.
I.M.F.’s Executive Board Says Kristalina Georgieva Can Remain
An independent inquiry commissioned by the World Bank had concluded that she played a central role in manipulating data to placate China.
Kristalina Georgieva’s tenure at the I.M.F. is in limbo as its board weighs allegations against her.
This week, the International Monetary Fund’s executive board spent hours questioning Ms. Georgieva about her actions.
I.M.F. Chief Kristalina Georgieva Denies Claims She Inflated China Data
A World Bank investigation said Kristalina Georgieva, now the managing director of the International Monetary Fund, pressured staff to improve China’s ranking in a report when she was at the World Bank.
Inquiry finds World Bank officials, including now-I.M.F. chief, pushed staff to inflate China data.
An investigation focused on accusations that top World Bank officials pressured the team conducting an annual survey to improve China’s standing.
House Bill Raises Chance for Global Pact to Curb Corporate Tax Havens
Several big details remain to be worked out before an international October deadline.
The World Bank is freezing aid disbursements to Afghanistan.
The bank had committed nearly $800 million to the country in 2021.
Afghanistan Faces Economic Shock as Sanctions Replace Foreign Aid
The Taliban will be under pressure to keep a fragile economy afloat.
I.M.F. World Economic Outlook Forecasts 6 Percent Global Growth
The gap between the rich and poor countries will widen as the United States and other advanced economies expand faster than expected, according to new projections.