Browsing: global economy

The G7 has agreed to exempt US multinationals from the global minimum tax, a move aimed at easing tax burdens and addressing concerns raised by American businesses, according to NDTV reports.

At the Saint Petersburg Economic Forum, Russia showcased its economic resilience and investment potential, aiming to attract global partners amid geopolitical challenges. The event highlighted new opportunities and strategic collaboration.

The G7 has reached an agreement to protect US multinationals from increased global taxes, the Financial Times reports. The deal aims to balance fair taxation with safeguarding American business interests abroad.

US multinationals may soon see relief following the G7’s agreement on a global minimum tax. The deal paves the way for a more balanced tax landscape, potentially easing burdens on American corporations.

Oil prices have dropped sharply, falling below pre-Iran-Israel conflict levels. Market dynamics and easing geopolitical tensions have driven this unexpected decline, impacting global energy markets and economic forecasts.

Stock futures remained largely steady as markets shrugged off Iran’s retaliation to recent U.S. attacks. Investors weighed geopolitical tensions against ongoing economic data in a cautious trading environment.

The ongoing Middle East conflict risks disrupting the vital Strait of Hormuz, a key artery for global oil shipments. Any blockade or attack could sharply impact energy supplies and global markets.