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Trump Blasts G20 Summit Ahead of Departure U.S. President Donald Trump blasted the recently concluded G20 summit in Osaka, Japan, as a "waste of time" ahead of his departure from the country. Trump had earlier threatened to impose tariffs on Mexico, and criticized the host nation for its trade policy. He also criticized the French president, Emmanuel Macron, for his criticism of NATO. Trump said the G20 summit was a "complete waste of time" because the other nations were not willing to budge on trade issues. Trump said he was pleased with the outcome of the summit and said he had made progress on a number of issues, including North Korea, Iran, and the conflict in Syria. Trump said he was also pleased with the progress made on climate change.
'Inaccurate estimates': Former CEA Krishnamurthy Subramanian, IMF spar over India growth numbers - BusinessToday
"While India’s growth has been >7%, IMF staff estimates have ALL been <7%. In contrast, I've made accurate predictions," Subramanian said, citing his predictions for the fastest growing G20 nation in a September report.
'India may still be poor': Former RBI guv Subbarao says 3rd-largest economy tag no cause for celebration - BusinessToday
With a per capita income of $2,600, India is in the 139th position in the league of Nations in terms of per capita income. And the poorest among BRICS and G-20 nations, he further pointed out.
Brazil's proposal to tax super-rich gains momentum amid G20, next steps in July - BusinessWorld Online
WASHINGTON – Brazil’s proposal to tax the super-rich globally gained momentum among Group of Twenty members on Wednesday, with France’s finance minister and the head of the International Monetary Fund backing a coordinated push to generate new revenue and build a better common future. Brazilian Finance Minister Fernando Haddad said Brazil, current president of the Group of Twenty (G20), was aiming […]
Bitcoin Price Bullish after Halving-2024 - Action Forex
Historically, after the halving (which is associated with a reduction in supply), the price of Bitcoin heads to all-time highs. But, as Forbes reports, Goldman Sachs analysts warn against extrapolating the results of Bitcoin price movements after past halvings to the current moment. After all, back then, the halvings occurred during a period of loose monetary policy by the Federal Reserve, while this time the Fed is struggling with harsher-than-expected inflation.