Brazil’s economy minister and lower house speaker exchanged harsh words on Friday over progress on pension reform, creating another drag on Brazilian financial assets already feeling the heat from global market weakness.
French President Emmanuel Macron ordered that further cuts to income tax must be matched euro-for-euro by cuts in public spending to keep the budget deficit from spiraling out of control, his finance minister said on Friday.
The United States is demanding regular reviews of China’s progress on pledged trade reforms as a condition for a trade agreement but could again resort to tariffs if it deems Beijing has violated the agreement, according to sources.
Three former Polish presidents, including anti-communist icon Lech Walesa, on Wednesday urged the EU to defend the rule of law in their country, which they say is under threat from the current right-wing government.
Ethiopia's new premier Abiy Ahmed named a new defense minister on Thursday as part of a reshuffle to help implement reforms demanded by the public during unrest in which hundreds were killed by security forces.
The 28 European Union states failed to agree in a first round of talks on Monday on reforming the bloc’s labor rules that poorer countries value but French President Emmanuel Macron dismisses as undercutting his workers.
Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) will begin structural reform of the Iranian economy in cooperation with PricewaterhouseCoopers (PwC) Company, said TCCIMA chairman.
Polish lawmakers have adopted a controversial reform of the Supreme Court, despite days of street protests, concern from the opposition over judicial independence and EU threats of unprecedented sanctions.