Demand is outpacing supply, which has been disrupted, and a price ceiling will not resolve that, Indonesian Finance Minister Sri Mulyani Indrawati said.
The G-20 leaders' summit could discuss the pace at which countries want to move toward net-zero carbon emissions by 2050, or the goal of keeping global temperatures from rising more than 1.5 degrees Celsius, says Creon Butler of Chatham House.
Treasury Secretary Janet Yellen asserted that the infrastructure spending proposal will lower inflation by reducing costs vital to households.
The ongoing coronavirus pandemic has raised concerns about environmental health and fed into demand for certain green jobs.
Helen Clark, former prime minister of New Zealand, says although Covid vaccine production has increased, the distribution is so uneven that frontline workers and vulnerable communities in poor countries have yet to be inoculated.
CNBC's Ylan Mui reports on G-20 finance ministers working on a global minimum tax rate.
Taxation is under the spotlight this weekend as finance ministers of the 20 most advanced economies in the world are gathered in Venice, Italy.
Fariborz Moshirian, director of the Institute of Global Finance at the University of New South Wales, says countries like Switzerland and India, for instance, are unsure if they can meet the 15% global tax deadline by 2023.
Allison Christians from McGill University's Faculty of Law says a wealth tax aimed at the very rich is hard to implement in a globalized world.
James Crabtree from IISS Asia says geopolitical tensions among G20 nations are responsible for a "deficit of global cooperation" and will lead to a lack of "useful" outcomes.
Ireland, known for its low tax rates, wants a compromise over global taxation, the country's finance minister told CNBC.
The G-7 or Group of Seven is an organization made up of world's "most influential" and "advanced" economies. Every year, the leaders of the United States, United Kingdom, Canada, France, Germany, Italy and Japan gather to talk global affairs. But why seven countries and what does the group actually do? CNBC's Silvia Amaro is joined by Steve Sedgwick to explain.
The Group of 20 economies saw gross domestic product return to pre-pandemic levels in the first quarter of 2021.
The S&P closed above 4,000 for the first time. The U.S. added nearly 1 million jobs in March. Biden has asked about canceling up to $50,000 in student debt.
Ian Goldin, professor of Globalisation and Development at the University of Oxford and ex-vice president of the World Bank, has been predicting a widespread pandemic for several years.
The U.S. has "reneged on its role as leader of the free world" under President Donald Trump and failed in its response to the coronavirus crisis, according to former Secretary of State John Kerry.
A global health expert and physician told CNBC that easing lockdowns without taking certain action would risk a second surge in coronavirus infections.
The International Energy Agency said Wednesday it expects the coronavirus crisis to erase almost a decade of oil demand growth in 2020.
Major international creditors will relieve the world's poorest countries of debt payments this year to help them deal with the coronavirus pandemic, France announced on Tuesday.
America's shale patch was seen to be vulnerable when oil prices went into a free fall amid the Russia-Saudi Arabia price war, but the latest OPEC+ deal will save jobs in the U.S. oil industry, said Kirill Dmitriev of RDIF.