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Euro US Dollar Exchange Rate Softens Ahead of Fed s Monetary Policy This is

The Euro US Dollar exchange rate is edging lower during today’s session as the Federal Reserve’s latest policy statement is in the spotlight.

Jerome powellJim reidMario draghiJanna rosenbergThomas costergGianfranco pasquinoDeutsche bankUniversity of bolognaFederal reserveExchange rate slipsFed decisionMarkets await fedFed chairWealth managementItalian politicalMinister mario draghi

China tops agenda as G7 foreign ministers meet in London

fba8f272-accf-11eb-9c9f-63ba12e765d1 image hires 004439 China topped the agenda as the G7 foreign ministers met in London on Tuesday with the world’s major democracies trying to reaffirm their global leadership in the face of Beijing’s increasing assertiveness. The coronavirus pandemic and its geopolitical fallout meant the event took place in a different world compared with the last such Group of 7 meeting in 2019, with China’s role in that world a key concern. Accordingly, it was the first item on Tuesday morning’s agenda and – in a sign of the importance the world’s leading economies attach to the issue – it was allotted two hours compared with 30 minutes for Myanmar and Syria and 90 minutes for Russia.

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China tops agenda as G7 foreign ministers meet in London

news China tops agenda as G7 foreign ministers meet in London © Bloomberg Dominic Raab, right, welcomes Antony Blinken to the G7 meeting in London. Photo: Bloomberg China topped the agenda as the G7 foreign ministers met in London on Tuesday with the world s major democracies trying to reaffirm their global leadership in the face of Beijing s increasing assertiveness. The coronavirus pandemic and its geopolitical fallout meant the event took place in a different world compared with the last such Group of 7 meeting in 2019, with China s role in that world a key concern. Accordingly, it was the first item on Tuesday morning s agenda and - in a sign of the importance the world s leading economies attach to the issue - it was allotted two hours compared with 30 minutes for Myanmar and Syria and 90 minutes for Russia.

United statesUnited kingdomSouth africaCity ofSouth koreaBloomberg dominic raabAntony blinkenNoah barkinDominic raabJanna rosenbergJosep borrellAssociation of southeast asian nationsEuropean unionRhodium groupSignum global advisorsSoutheast asian nations

What s in Biden s $3 5 trillion plan to tax the rich

What s in Biden s $3.5 trillion plan to tax the rich Stephen Gandel © Credit: CBSNews cbsn-fusion-cbs-news-poll-majority-of-viewers-approve-of-pres-bidens-speech-thumbnail-704012-640x360.jpg President Joe Biden s ambitious spending plans would significantly increase what the federal government lays out for childcare and education and spend trillions more on infrastructure. It also comes with the biggest tax increases in decades. How big? A study by the liberal Institute of Taxation and Public Policy predicts Mr. Biden s plan would increase by more than $100,000 a year what someone in the top 1% of earners pays Uncle Sam. President Obama in 2013 raised taxes on that same group by $83,000. President Trump in 2017 cut their taxes by about $50,000 a year.

New yorkUnited statesWhite houseDistrict of columbiaJohn koskinenJohn riccoDonald trumpJoe bidenGabriel zucmanUncle samSignum meyerCharles meyerNew york timesUniversity of pennsylvania whartonCongressional budget officeTax policy center

What s in Biden s $3 5 trillion plan to tax the rich

What s in Biden s $3.5 trillion plan to tax the rich Stephen Gandel © Credit: CBSNews cbsn-fusion-cbs-news-poll-majority-of-viewers-approve-of-pres-bidens-speech-thumbnail-704012-640x360.jpg President Biden s ambitious spending plans would significantly increase what the federal government lays out for childcare and education and spend trillions more on infrastructure. It also comes with the biggest tax increases in decades. How big? A study by the liberal Institute of Taxation and Public Policy predicts Mr. Biden s plan would increase by more than $100,000 a year what someone in the top 1% of earners pays Uncle Sam. President Obama in 2013 raised taxes on that same group by $83,000. President Trump in 2017 cut their taxes by about $50,000 a year.

New yorkUnited statesWhite houseDistrict of columbiaJohn koskinenJohn riccoDonald trumpJoe bidenGabriel zucmanUncle samSignum meyerCharles meyerNew york timesUniversity of pennsylvania whartonCongressional budget officeTax policy center

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