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OECD/G20 digital tax reform is highly unlikely

Location:

INT

The new tax framework's first pillar would establish a formula to divide tax rights between digital firms' host countries and user markets; and the second would fix a global…

A fragile agreement on global tax reform is near

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INT

Political pressure for tax reform has increased as many large tech firms, in particular, have made large profits during the pandemic, and many countries need to raise tax revenues…

Businesses will face a tougher environment in Hungary

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HUNGARY

Orban's government is hiking taxes on several sectors to plug a widening fiscal deficit, amid concern that the country will not receive substantial EU funding. Unpredictable…

Ruto will try to broaden Kenya’s trade ties

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KENYA

Nairobi also says it expects a US-Kenya free trade agreement (FTA) to be finalised by April 2024, while the government has promised various tax and other incentives to foreign…

Petro’s honeymoon period will be short in Colombia

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COLOMBIA

Traditional centrist parties have joined the government in a grand coalition, aiming to secure cabinet positions and other political appointments. The arrangement should provide a…

Colombia's Duque faces a tough year in 2019

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COLOMBIA

Duque troubles.

Ramaphosa’s government faces social relief dilemmas

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SOUTH AFRICA

The pandemic has sharpened questions about the role of South Africa's extensive social grants system in wider economic policy. In particular, emergency provisions have focused…

COVID-19 may trigger an ideological shift over decades

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INTERNATIONAL

Research by Thomas Piketty shows that a form of free-market ideology has been a key driver of rising income inequality since the 1980s. The airing of alternative ideas, the…

EU wants a post-Brexit level playing field

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UK/EU

Level playing field after Brexit.

US-China ties stabilise but trade concerns remain

Location:

US

Their meeting eclipsed the APEC session in San Francisco, as did the Biden administration’s eleventh-hour decision to suspend the trade pillar of its four-part Indo-Pacific…