G7 mulls support for redirecting US$100b in IMF reserves

In this undated photo, the logo of the International Monetary Fund (IMF) is displayed out the headquarters in Washington, DC, US. (ANDREW HARRER / BLOOMBERG) The Group of Seven biggest advanced economies is considering putting its support behind a US$100 billion reallocation of potential new International Monetary Fund reserves from...

Central African PM Ngrebada resigns

Prime Minister of the Central African Republic Firmin Ngrebada gives an interview on the sidelines of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg on June 4, 2021. (OLGA MALTSEVA / AFP) BANGUI - Central African Prime Minister Firmin Ngrebada announced on his Twitter account on Thursday that...

EU parliament turns up heat on Czech PM Babis

Czech Prime Minister Andrej Babis addresses a press conference on April 17, 2021 in Prague. (MICHAL CIZEK / AFP) PRAGUE - The European Parliament on Thursday called for a halt in EU funding to the business empire of Czech Prime Minister Andrej Babis over alleged conflicts of interest. The billionaire...

Big countries’ tax deal to reveal rift in Europe

Flags of the European Union flutter in front of the headquarters of the European Central Bank (ECB) in Frankfurt am Main, Germany, on March 10, 2021. (ARMANDO BABANI / AFP) A global deal on corporate tax looks set to bring to a climax a deep-seated European Union battle, pitting large...

Draft statement: EU, US to end trade tariffs

BRUSSELS - The leaders of the European Union and the United States are set to commit to lifting steel tariffs before Dec 1 2021 and avoid any further transatlantic trade disputes, according to a draft statement prepared for a June 15 summit in Brussels. A draft statement, which will be...

Biden’s UK visit puts focus back on ties

Hosting US president, Johnson will stress special bond but priorities likely to differ Britain's Prime Minister Boris Johnson gives an update on the coronavirus Covid-19 pandemic during a virtual press conference inside the new Downing Street Briefing Room in central London on May 14, 2021. (Matt Dunham / POOL /...

France’s Macron slapped in face during walkabout

French President Emmanuel Macron talks with students at the Hospitality school in Tain l'Hermitage on June 8, 2021 during a visit in the south eastern France department of Drome, the second stage of a nationwide tour ahead of next year's presidential election. (PHILIPPE DESMAZES / POOL / AFP) French President...

Genocide conviction upheld against former Bosnian Serb forces leader

This handout picture released by UN-IRMCT (International Residual Mechanism for Criminal Tribunals) shows Bosnian Serb ex-general Ratko Mladic (center), who has been sentenced to life imprisonment, arrives before the international UN tribunal in The Hague where he is appealing his conviction, on August 25, 2020. (UN-IRMCT / LESLIE HONDEBRINK-HERMER /...