The new global tax deal arrives (but expect bumps ahead)
Nearly 140 countries have agreed to a new global tax deal, which was years in the making. Estonia, Hungary and Ireland, the last holdouts, joined the agreement at the last moment, after getting some concessions. The redesign calls for a global minimum corporate tax rate of 15 per cent and for multinational giants to pay their “fair share” of […]
What Donald Trump could do to ‘make America great again’ without destroying free trade
What Donald Trump could do to ‘make America great again’ without destroying free trade
Investors are looking for signs that the populist agendas of his campaign will be left where they belong: on the campaign trail, writes Simeon Djankov.
For nearly two years, unsettling comments by US presidential candidates rattled international investors. The prospect of US trade wars with China and Mexico hit global markets, already weakened by the surprising result of the Brexit […]