Republicans threaten to sink Biden’s G7-backed plan to fix global tax system

G7 supports international minimum rate of at least 15% but Republicans in Congress condemn proposal as ‘crazy’

Global economy set for fastest recession recovery in 80 years, says World Bank

Slow Covid-19 vaccine progress in low-income countries will widen divisions between rich and poor nations

G7 countries will lose $5tn a year by 2050 if temperatures rise by 2.6C

Young people across Europe reveal how the pandemic has made them impatient for systemic change after bearing brunt of fallout

Proposal for 21% minimum corporate rate would generate additional £14.7bn for Britain, says IPPR

Thinktank says Brexit and Covid-19 mean Britain could take bigger economic hit over next few years

US trade representative announced plans to sue as Canadian officials face growing tensions with US

Both sides emphasised importance of bilateral trade relations and agreed to further negotiations

Trade with EU falls 23% from 2018 as Brexit and Covid disrupt exports from Britain

Labour expected to trigger Commons vote to force UK government to support proposal

Some breeders are eager to export more to Britain, but others have their hands full keeping up with domestic demand

If the trade secretary agrees to Canberra’s demands for no tariffs on agriculture, it sets a dangerous precedent for other, bigger deals

A trade deal could expose UK agriculture to the economic power of the southern hemisphere’s giant livestock ranches

Backing IMF’s $50bn three-point plan is in wealthy nations best interests by supercharging world economy, says Kristalina Georgieva

Shadow trade secretary backs US call for patent waiver as party proposes plan to increase production in poorer countries