Skip to content
Search

Latest Stories

News

Hard Numbers: Countries back global minimum tax, Eswatini's king under pressure, Myanmar releases prisoners, EU-UK sausage ceasefire

Hard Numbers: Countries back global minimum tax, Eswatini's king under pressure, Myanmar releases prisoners, EU-UK sausage ceasefire
Make us preferred on Google

130: A total of 130 countries support the Biden administration's plan for a 15 percent global minimum tax rate for multinational corporations. Among them are all members of the G20 group of large economies, including China. Still, countries like Ireland and Hungary, which use low corporate tax rates to attract investment, are holding out.


8: At least eight people have been shot dead in rare anti-royal protests in Eswatini, Africa's only absolute monarchy. The demonstrators are fed up with King Mswati III spending lavishly while most people in the country live in poverty.

2,300: Myanmar's ruling junta has released some 2,300 prisoners, including many pro-democracy activists and journalists jailed in the aftermath of the February 1 coup. The generals say that the released detainees took part in anti-government protests, but did not lead the rallies nor commit acts of violence.

3: The EU and the UK have agreed to a three-month extension to continue negotiating a post-Brexit trade dispute over... sausages. Good news for Northern Ireland, where people are up in arms about Brexit complicating their Ulster Fry breakfast.

More For You

The GOP’s Musky scent
Musk’s cash splash – which makes him the largest known midterm donor – is meant to help Republicans head off a so-called “Blue Wave” of Democrat support that could cost the GOP not only the House, but possibly the Senate as well. It signals that Musk intends to remain a fixture of Republican politics, despite his rocky exit from the Trump [...]
Boxes of perished goods are seen outside an Intermarche supermarket in Paris the day after a cyberattack targeted refrigeration systems at French supermarket chains, causing food losses and fires at several stores, France, October 13, 2026.

Boxes of perished goods are seen outside an Intermarche supermarket in Paris the day after a cyberattack targeted refrigeration systems at French supermarket chains, causing food losses and fires at several stores, France, October 13, 2026.

REUTERS/Lucien Libert
Supermarket cyberattacks turn the heat up in France Hackers set their sights on an unusual target in France this week: supermarkets. On Monday, attackers used remote software to raise the temperature on fridges and freezers to around 122 degrees Fahrenheit, spoiling food and sparking fires. While the full scale of the attack remains unconfirmed, [...]
MF Communications Officer Jose Luis De Haro, Director of the Research Department at the IMF Silvana Tenreyro, Deputy Director of the Research Department at the IMF Petya Koeva-Brooks and Division Chief at the Research Department of the IMF Deniz Igan attend a press briefing during the IMF/World Bank 2026 Annual Meetings at Queen Sirikit National Convention Center (QSNCC)

IMF Communications Officer Jose Luis De Haro, Director of the Research Department at the IMF Silvana Tenreyro, Deputy Director of the Research Department at the IMF Petya Koeva-Brooks and Division Chief at the Research Department of the IMF Deniz Igan attend a press briefing during the IMF/World Bank 2026 Annual Meetings at Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand, October 13, 2026.

REUTERS/Patipat Janthong
The people tasked with safeguarding the world’s financial stability are gathering in Bangkok, Thailand, this week. Central bankers, finance and development ministers, private sector leaders, civil society representatives, and academics from nearly 200 countries are attending the IMF-World Bank’s annual meetings to discuss soaring public debt, the [...]
EU puts the brakes on Chinese EVs
Will Fitzpatrick
The EU has new plans to limit the flow of Chinese-made goods into the continent to address its massive trade imbalance with China. China exported more than $7.5 billion worth of electric vehicles to the bloc in the first half of this year, nearly three times as much as during the same period last year. An estimated 800,000 Chinese-made fully [...]