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G7 finance chiefs warn of global uncertainty as US debt crisis looms - superadmin - 05-13-2023 NIIGATA: Finance leaders of the G7 rich nations warned of heightening global economic uncertainty today, as they wrapped up a three-day meet overshadowed by a US debt ceiling stalemate and fallout from Russia’s invasion of Ukraine. Their gathering in the Japanese city of Niigata came as worries over a US default fuelled uncertainty over the global outlook, already clouded by stubbornly high inflation and US bank failures. - More - RE: G7 finance chiefs warn of global uncertainty as US debt crisis looms - yahfer23 - 06-26-2025 Global economic uncertainty, like the G7 discussed, impacts VAT policies—some nations may adjust rates to stabilize markets. For businesses trading internationally, accurate VAT calculation is crucial amid fluctuations. Tools like a VAT calculator help adapt to changing tax landscapes, especially with cross-border transactions.