Biden to propose 25 percent minimum tax on US billionaires
US president’s reported budget plan would also nearly double capital gains tax on investments.
Economy
Elon Musk apologises after mocking disabled ex-Twitter employee
Twitter CEO had questioned former staffer about his work, disability and need for accommodations.
Japan’s Kishida pledges to ‘work harder’ to fix gender pay gap
Japan has the widest gap between men and women’s pay in the G7 despite government’s efforts to tackle gender inequality.
China blasts Germany over reported plan to ban Huawei, ZTE
Chinese embassy says it opposes ‘abuse of state power’ following report Berlin will ban Chinese firms from 5G network.
White House backs bill to allow ban on Chinese-owned TikTok
White House national security adviser Jake Sullivan claims bill addresses “technology-based threats" to Americans.
Russia considering challenge to US nominee to head World Bank
Moscow consulting with allies about challenging ex-Mastercard CEO Ajay Banga, Russian media report says.
US tech firms grapple with latest curbs on China’s Inspur
US tech firms are assessing if they need to halt sales to Inspur’s subsidiaries as the parent is on an export curb list.
Nigeria: Economic indicators and trade with EU
Our infographic provides an insight into the economic performance of Nigeria compared to the EU, and looks at the trade dynamics between the two.
Australia’s wealth fund screens Chinese firms at risk of US bans
Chairman of Future Fund says screening portfolio as Biden administration plans new curbs for Chinese technology firms.
Sri Lanka says ‘positive news’ coming from IMF on $2.9bn package
Sri Lankan President Ranil Wickremesinghe is expected to address parliament on progress made in IMF negotiations.