Posts tagged as currencies

US objects to French tax on tech firms at G-7 meeting

Wednesday, July 17, 2019

The Trump administration is objecting to France’s plan to tax Facebook, Google and other U.S. tech giants, a rift that’s overshadowing talks between seven longtime allies near Paris this week on issues ranging from digital currencies to trade. As finance officials from the Group of Seven rich democracies’ gathered Wednesday at a chateau in Chantilly, near Paris, U.S. Treasury Secretary Steven Mnuchin planned to take a tough line against host…

Stocks advance on plans for U.S.-China trade talks; Turkish lira buckles

By Tommy Wilkes on Friday, August 17, 2018

World stocks rose on Friday as news of plans for U.S.-China trade talks soothed nerves over their tariff war, while the recovery in Turkey’s lira ran out of steam.The MSCI All-Country World index, which tracks shares in 47 countries, was up 0.2 percent but set for its third straight weekly fall.A Chinese delegation led by Vice Minister of Commerce Wang Shouwen will meet U.S. representatives, China’s Ministry of Commerce said…