US will be exempt from global tax deal targeting profits of large multinationals

Agreement finalised by the OECD waters down a landmark 2021 deal that set a minimum global corporate tax of 15%

‘Mad fishing’: the super-size fleet of squid catchers plundering the high seas

Every year a Chinese-dominated flotilla big enough to be seen from space pillages the rich marine life on Mile 201, a largely ungoverned part of the South Atlantic off Argentina

The cost of AI slop could cause a rethink that shakes the global economy in 2026

Revenues may be rising rapidly, but not by nearly enough to cover the wild levels of investment under way

From the AI bubble to Fed fears: the global economic outlook for 2026

Analysts and investors voice caution about tech valuations and Trump’s influence on the US central bank

Five charts that explain the global economic outlook for 2026

Inflation is predicted to cool but uncertainty over AI-driven growth and trade policy poses risks in the year ahead

Bulgaria prepares to join eurozone amid fears of Russian-backed disinformation

Balkan country will become 21st country to adopt EU currency, with policymakers hoping move will boost economy

The second China shock is coming – and the UK’s response is too timid

Beijing’s push to dominate technology through state-backed industrial policy is reshaping global trade and could devastate European industry

China has set a bear trap for Keir Starmer – and our naive PM is walking straight into it

The conviction of Jimmy Lai in Hong Kong is another hostile act. How can Britain ignore Beijing’s provocations and human rights abuses, asks Guardian foreign affairs commentator Simon Tisdall

Just 0.001% hold three times the wealth of poorest half of humanity, report finds

Data from World Inequality Report also showed top 10% of income-earners earn more than the other 90%

China’s record trade surplus reveals its biggest strength – and hidden weakness

Booming Chinese exports have driven trade surplus past $1tn but also reveal the extent of country’s reliance on foreign markets

Bill Kingdom obituary

Other lives: Leader of water supply and sanitation projects for the World Bank

EU looks at legally forcing industries to reduce purchases from China

Commission unveils €3bn strategy to de-risk and diversify supply chains for critical rare earth metals and elements

OECD warns Reeves higher taxes and spending restraint will limit consumer expenditure

UK economy will grow faster than France, Germany and Italy but slower than US next year, report predicts

EU and US to restart trade talks as sticking points on July tariff deal remain

US officials to hold high-level talks in Brussels amid unhappiness in Washington at slow action on July deal

Netherlands suspends state seizure of Chinese chipmaker Nexperia

Dutch government’s move pauses dispute that threatened car production around the world