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Mail & Guardian
jayati ghoshlatest news & developments
The handover of the G20 presidency to the United States will occur on Tuesday at the Department of International Relations offices. (GCIS)

G20 presidency handover to the US set for Tuesday, Dirco director general Zane Dangor says

Dangor said the US argument that if one G20 member was absent from the leaders summit, then there could be no consensus, had been voted down

WTO director general Ngozi Okonjo-Iweala and President Cyril Ramaphosa. (X)

‘World not doing tit for tat with US,’ WTO head says at G20 summit

Director general Ngozi Okonjo-Iweala said South Africa’s G20 presidency highlighted the importance of trade within WTO rules and reforming the system through local mineral…

The G20 leaders summit was held in South Africa last week. (GCIS)

‘G20 declaration future-proofed, despite US non-participation’, says South Africa’s presidency

Presidency spokesperson Vincent Magwenya said countries understood ‘that there’s a bilateral issue between South Africa and the US, but that must not, in any shape or form,…

President Cyril Ramaphosa. (GCIS)

Ramaphosa: G20 leaders summit reaches consensus on adopting a declaration

In an apparent reference to US President Donald Trump’s absence, Ramaphosa warned against allowing ‘anything to diminish the value, the stature or the impact of the first African…

President Cyril Ramaphosa. (GCIS)

Ramaphosa launches G20 panel to address extreme global inequality

The panel, chaired by Nobel prize-winner economist Joseph Stiglitz, will produce recommendations to help bridge the rich-poor divide

Austerity bites: Demonstrators in Buenos Aires, Argentina, burn money in front of the National Congress in protest against hikes in the price of water, electricity and natural gas. (Agustin Marcarian/Reuters)

IMF wilfully takes austerity road

East Asia 1998, Greece 2008, Argentina 2018. The fund knows the suffering its loans cause, yet it has gone ahead in Ecuador

Amazon has not paid federal tax in the United States for the past two years. Governments are trying to claw back this lost revenue. (Reuters)

Global tax for multinationals gains traction

Tax avoidance hits developing countries hard because companies’ declared profits are more sensitive to tax rates than in developed countries.

It is now widely acknowledged that taxing multinational firms based on “where value is created” encourages massive — and legal — tax avoidance. (Dale de la Rey/AFP)

Global tax for multinationals gains traction

Multinational companies have been gaming the rules of the global economy to minimise their tax liability — or even eliminate it

China’s ark is not big enough for the world

The major economic entities are in the throes of self-inflicted, but apparently insoluble, problems as they lurch their way to stagnation.

To make the IMF relevant will take more than a new leader

The International Monetary Fund has consistently failed to do its job. Whether or not Gordon Brown takes over, it needs major reform.