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On Wednesday, German Social Democrat leader Olaf Scholz predicted he would form a new government before the Christmas holidays, an indication of positive progress in three-way talks with the Greens party and Free Democratic Party.

Scholz made the remarks in Washington as he joined G finance ministers in endorsing an Organisation for Economic Cooperation and Development-led global tax agreement, which includes a 15 percent minimum corporate tax. The U. China had previously accounted for 75 percent of bitcoin mining as recently as , but that number has crashed to zero after its financial regulator banned banks from offering cryptocurrency services.

Correction, Oct. Kim Sin-yeol is the only registered resident. Colm Quinn is the newsletter writer at Foreign Policy. Twitter: colmfquinn. Commenting on this and other recent articles is just one benefit of a Foreign Policy subscription. Already a subscriber?

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Delivered weekdays. By Colm Quinn , the newsletter writer at Foreign Policy. Kenyan President Uhuru Kenyatta speaks during a bilateral meeting with then-U. October 14, , AM. Biden Welcomes Kenyatta to the White House. Join the Conversation Commenting on this and other recent articles is just one benefit of a Foreign Policy subscription. Join the Conversation Join the conversation on this and other recent Foreign Policy articles when you subscribe now.

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