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20 Aug 20
An ethics scandal has forced Canada’s finance minister to resign, paving the way for the country’s first ever female holder of the position.
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14 Aug 20
A $1trn impasse between the two main political parties is blocking the US government from agreeing its next tranche of Covid-19 stimulus.
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21 Jul 20
The US response to Covid-19 has been particularly challenging for state and local governments, the IMF noted while examining the impact of the pandemic on the world’s largest economy.
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30 Jun 20
Nearly $1.5bn was mistakenly sent to deceased citizens in the US as the government rushed to protect the economy against the effects of Covid-19.
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19 Jun 20
Global talks aimed at creating an international tax system able to deal with huge multinational digital companies such as Facebook and Amazon will continue without the US, after it pulled out of...
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16 Jun 20
Tax income made from legalising recreational marijuana should only be used to pay for related spending, and should not be viewed as a quick way to raise general fund revenue, a US think-tank has said.
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12 Jun 20
A wave of fraudulent unemployment-benefit claims has led the state audit office in Washington to launch a review into the US state government’s Employment Security Department.
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5 Jun 20
The US government has taken a step towards introducing tariffs to retaliate against digital taxes on ‘internet giants’ that are being pursued by several other countries as well as the European Union.
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22 May 20
The US spending watchdog has told the government it could save tens of billions of dollars by reducing overlap and duplication in its programmes.
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24 Apr 20
The US House of Representatives has approved $484bn more of coronavirus relief measures, bringing the government’s total spending on fighting the crisis to almost $3trn.
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31 Mar 20
The largest financial stimulus package in US history has been approved by the president to fight the economic effects of the coronavirus outbreak.
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26 Mar 20
The jury is still out on whether OECD talks will succeed in introducing a global digital tax for multinational firms such as Google, Apple, Facebook and Amazon
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24 Mar 20
The coronavirus outbreak will cause the US economy to contract by 24% in the second quarter of 2020, according to Goldman Sachs’ latest predictions, as the government prepares a $2trn stimulus...
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18 Mar 20
The economic impact of the escalating coronavirus pandemic is “much worse than feared”, and the world economy is probably already in a recession, according to ratings agency Standard & Poor’s...
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12 Mar 20
The UK government risks retaliation from the US after confirming it will go ahead with its planned tax on internet giants such as Facebook and Google from April.
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4 Mar 20
Fears of the coronavirus outbreak hitting the economy have caused the US Federal Reserve to slash interest rates in the biggest single cut since the last financial crisis.
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19 Feb 20
The US could scupper global efforts to reform corporation tax, the official responsible for the EU’s tax policy has warned.
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24 Jan 20
President Trump’s protectionism is aggravating Latin America’s fiscal headache.
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24 Jan 20
Healthcare was a big driver in the outcome of the recent US mid-term elections. But could the Democrats’ vision of a truly reformed healthcare system ever become a reality?
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24 Jan 20
Donald Trump’s pressure on Mexico to host asylum-seekers after his ‘expedited removal’ of 300,000 immigrants has dashed the country’s hopes of developing a progressive migration policy.
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21 Jan 20
France and the US “will work together” to avoid a trade war over the French decision to introduce a digital tax last summer, Emmanuel Macron has said.
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6 Jan 20
France will retaliate if the US imposes tariffs on its cheese and champagne, the country’s finance minister has warned.
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16 Dec 19
The trade war between the US and China appears to have cooled, with a ‘phase one’ agreement having been agreed by both countries.
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12 Dec 19
The US economy will stand “on firmer ground” in 2020 than it did this year, experts at Goldman Sachs have predicted.
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3 Dec 19
The US is likely to hit France with new tariffs on products including cheese and champagne to retaliate against the European country’s tax on ‘internet giants’, such as Google and Facebook.