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5 Jul 21
Joe Biden’s social and infrastructure spending has been tipped to still have a noticeable impact on GDP in a decade’s time because he is targeting long-term benefits to the economy.
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25 Jun 21
A bipartisan group of US politicians have reached an agreement on an infrastructure bill initially valued at $953bn, including the creation of a new Infrastructure Financing Authority.
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18 Jun 21
A US watchdog has identified what it says were 3,400 conflicts of interest during the tenure of former president Donald Trump
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18 Jun 21
High US inflation rates related to the Covid-19 bounceback are set to be transitory, but interest rates rises might be needed by 2023 to deal with longer-term inflationary pressures, according to the...
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15 Jun 21
A successful vaccination programme means that the US’ economic recovery from Covid-19 will not depend on herd immunity, according to ratings agency Standard and Poor’s.
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4 Jun 21
The US Federal Reserve is preparing to sell off corporate assets purchased last year, to help keep companies solvent through the Covid-19 pandemic.
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3 Jun 21
The Joe Biden administration has decided to introduce tariffs on imports from six countries in an ongoing row over whether unilateral taxes on giant digital companies are fair.
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1 Jun 21
US president Joe Biden’s first annual budget, including $6trn of spending, has drawn support from fellow Democrats – but other voices have sounded warnings about the national debt.
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24 May 21
The US central bank is considering introducing a digital version of the country’s currency, with chair Jay Powell announcing a future public consultation on the issue.
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21 May 21
Joe Biden’s administration has climbed down from its proposed 21% minimum tax rate for multinational companies, suggesting it could accept a compromise as low as 15%.
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18 May 21
The UK is hesitant to support the US push for a 21% global minimum corporation tax rate over fears doing so would harm the chance of sorting out the issue of digital taxation, it has been reported.
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14 May 21
Surging US inflation figures do not reflect the “excellent” economic situation, a leading figure from the country’s central bank has said.
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29 Apr 21
The Federal Reserve is a “long way” from withdrawing its support for the US economy despite improving growth prospects, the central bank chairman has said.
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23 Apr 21
Joe Biden’s pledge to spend $5.7bn each year helping developing countries deal with climate change has been criticised for lagging behind promises from other nations.
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22 Apr 21
Canada’s central bank has cut its bond purchases this year, citing progress in the country’s economic recovery from Covid-19.
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22 Apr 21
Joe Biden’s suggested global minimum corporation tax rate would be unfair on small nations such as Ireland, the country’s finance minister has said.
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20 Apr 21
Canada’s first pandemic budget includes huge childcare spending and Covid-19 relief, as well as a plan to slash the deficit over the next few years.
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19 Apr 21
Rating’s agency Standard and Poor’s has revised up its ratings outlook for US local and state governments due to increased support from president Joe Biden’s rescue package.
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7 Apr 21
A worldwide agreement on taxing multinational companies appears closer after the US signalled its support for a minimum global rate of corporation tax, European finance ministers have said.
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30 Mar 21
The US is preparing to retaliate over six countries’ digital taxes because they “discriminate” against American companies.
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23 Mar 21
US president Joe Biden is considering proposals for a $3trn infrastructure, climate and job support package, according to reports.
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17 Mar 21
A group of Democratic US politicians have proposed spending $12bn more on foreign affairs after years of flat spending.
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11 Mar 21
Joe Biden’s $1.9trn stimulus package has been approved by the US Congress, in a move predicted to boost the world economy during the recovery from Covid-19 and support some of the country’s poorest...
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9 Mar 21
Canada has set up an all-female advisory group aimed at making sure its next budget improves the lives of women, who the government said have borne the brunt of the economic hardship caused by Covid-...
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4 Mar 21
A group of progressive Democrats in the US senate has introduced a bill for a 3% annual tax on wealth exceeding $1bn, and 2% on that above $50m.