The proposal, strongly supported by Treasury, will not work to prevent the biggest source of tax evasion -- multinational corporations use of transfer pricing to shift of profits to low or no tax countries -- and Treasury knows it and, indeed, has opposed OECD efforts to close that loophole.
From Prime Minister Mariano Rajoy to the king's son-in-law, Spain faces of a crisis of leadership, consumed by economic corruption and scandals born of greed.
This week a group of government officials, meeting in a Moscow hotel, could set in train advice for their G20 leaders that creates jobs and restores balance to a global economy wrecked by inequality.
Messrs. Obama's and Kerry's challenge is to make a reset more of a priority. Both sides need to shake off the remnants of the Cold War and embrace the new normal.
Expectations of a relaxing Sunday in front of the television watching football gave way to frustration and disappointment. In the process, I gained insights on the challenges facing G-20 officials when it comes to managing the global economy.
Why was Mexico so good and the U.S. so bad at managing the processes of engaging key stakeholders?
We need continued product and business model innovation so that we can reach more people with a broader range of products at lower costs. What is needed instead is a variety of financial service providers that create an ecosystem that serves the poor profitably.
G20 leaders should continue to find ways to show their credibility and the relevance of their institution.
If only we could channel the passion of Justin Bieber's fans into something useful.
When President Obama went down to sunny Cabo for the G20, he missed an opportunity to show the world how the lessons from the women's movement can solve the world's economic woes.
Obama did successfully block the hard right program of slash-and-burn budget austerity, which almost certainly would have plunged the economy back into recession, as it did in Britain. But once again, come November, how much credit will he get for avoiding another downturn?
Absolutely nothing happened at the G-20. And for nothing to happen on a global scale, with markets around the world as precarious as a glass sculpture above a nuclear test site located on an earthquake fault in a sandstorm, is exactly what everyone was praying for.
Detailed talks have begun on political transition in Syria.
It is time to recognize that some companies that fish and sell tuna under the "dolphin-safe" label do not accord dolphins the same protection as the Mexican fleet, and it is also time for them to face the facts, just like the Mexican fleet did years ago.
As the unsuccessful G20 meeting came to an end, the Mexican hosts played the music "Nessun Dorma" from Puccini's Turandot. One can only wonder about ...
Forget the Wisconsin recall. We are into the last two weeks of June with a calendar loaded with answers to questions that will determine the course of the rest of this year, economically and politically.