G-20 show readiness to act against economic fallout of virus outbreak

The finance chiefs of the Group of 20 major economies on Sunday expressed their readiness to act against risks to the global economy posed by the new virus outbreak in China, while also endorsing a proposal on international rules to tax tech giants."We will enhance global risk monitoring, including of the recent outbreak of COVID-19. We stand ready to take further action to address these risks," the participants said in a communique released after their two-day talks in Riyadh, referring to the official name of the disease caused by the novel coronavirus.The communique said that global econ…READ FULL ARTICLE