Finance
Wealthy nations will shoulder Covid costs for 20 more years, OECD warns (Western budgets hit hardest)
The health and economic fallout from Covid-19 looks set to burden rich countries for another two decades, according to a sobering report published Tuesday by the world’s wealthiest nations.
Trump lifts U.S. tariff on Irish whiskey as a parting favor
DOONBEG, Ireland — Want to see how to get the United States to drop tariffs? Host the president’s golf tournament at one of his resorts.
Will Lagarde bite the apple? ECB chief keeps France guessing in Normandy
ÉPREVILLE–EN-LIEUVIN, France – As European Central Bank President Christine Lagarde shook hands and tasted oysters on the bucolic grounds of a Norman manor on Saturday, some might have seen a presiden
EU postpones tobacco tax vote until after Sweden settles its government
BRUSSELS — The EU has pushed back a crucial vote on raising tobacco and nicotine taxes to November to give Sweden time to form a new government after its national election on Sunday.
Germany pushes loan for Kyiv backed by frozen Russian assets, sparking controversy
A Germany-led group of countries has revived a contentious plan to use frozen Russian assets to back a new loan for Kyiv — a move that critics say would effectively hand over Russian money to finance
Lagarde dismisses Mélenchon’s debt-clearing gambit as illegal and risky
European Central Bank President Christine Lagarde today rejected French far-left presidential hopeful Jean‑Luc Mélenchon’s plan to erase government debt, calling the idea illegal and dangerously impra
‘Step backwards’: Union chief urges Burnham to protect members’ political voice against donation cap
LONDON — Britain’s most influential union leader has warned Prime Minister Andy Burnham against imposing a strict cap on individual donations to political parties, arguing such a move could squeeze or
France and Canada Back UK in Banning Trade with Israeli Settlements — A Diplomatic Win for Britain
LONDON — France and Canada have sided with the U.K. in announcing new trade sanctions on Israeli settlements, a diplomatic victory for Britain as it seeks to reset its relationship with Israel and rea
