The EU decision against Apple comes amidst a coordinated global initiative to crack down on tax evasion by multinational companies, spearheaded by the Paris-based Organization for Economic Cooperation and Development (OECD). Negotiations between Kerry and Lavrov, aimed at a plan to increase military cooperation between the United States and Russian Federation so that terrorists in Syria are better targeted and civilian casualties are reduced, have not yet succeeded.
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China’s President Xi Jinping has urged the leaders to avoid “empty talk” and confront rising protectionism that threatens globalisation and free trade.
China shocked global markets by devaluing the yuan in August 2015 and allowing it to slip sharply again early this year.
“I always want to make sure if I’m having a meeting that it’s productive and we’re getting something done”, Obama said during his news conference.
The Clinton campaign jumped on the comments to demonstrate that Trump “lacks the temperament” to be president because he takes offence far too easily – and retaliates.
In a communique issued several hours after the close of the summit, the G20 leaders warned that global growth was weaker than anticipated, with downside risks continuing, and repeated the acknowledgement that monetary policy alone could not create balanced growth. “This entails the transfer of proper technologies from other countries and China can provide a lot of useful technologies and experiences”, it said.
“We need increased growth, but it must be better balanced, more sustainable, and inclusive so as to benefit all people”, she said.
“Hosts to this year’s G20, China has shown great leadership on climate over the last year”.
Hangzhou: As India resisted pressure from the U.S. and China, who are responsible for around 40 per cent of the world’s carbon emissions, to ratify the Paris climate deal this year, Chinese official media said it is high time India showed it means “business” in limiting climate change effects.
He also added he would not take orders from the United States, a former colonial ruler of the Philippines, and did not care about how he was perceived.
Red carpet fracasA squabble over a mobile stairway caused President Barack Obama to disembark from the belly of Air Force One on a small flight of metal stairs, and not onto the red carpet normally provided to world leaders.
To the frustration of the White House, these weighty matters seemed to be overshadowed by a made-for-social-media moment from Obama’s arrival at the airport.
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CHINA will “have patience” while Theresa May deliberates on whether to dump its plans to build a giant power station at Hinkley Point.
