The Group of Seven wealthy democracies agreed Saturday to support a global minimum corporate tax rate of at least 15% in order to deter multinational companies from avoiding taxes by stashing profits in low-rate countries.
Read more at:
https://www.usatoday.com/story/money/taxes/2021/06/05/g-7-nations-support-15-global-minimum-tax-corporations-tech-giants/7560398002/
The Future Is Here Today
Where Business, Nature and Leisure Provide An Ideal Setting For Living
Showing posts with label G7. Show all posts
Showing posts with label G7. Show all posts
May 6, 2021
Diplomacy is back′: G7 foreign ministers present united front despite COVID setback
There's nothing quite like being face-to-face, or mask-to-mask," quipped US Secretary of State Antony Blinken as a three-day meeting of foreign ministers from the world's seven largest so-called advanced economies got underway in London on Monday.
Like the rest of us, G7 foreign ministers have been holding meetings online since the outbreak of the COVID-19 pandemic, with this week's talks marking the first opportunity for representatives of the group of industrialized nations to meet face-to-face in over two years.
Read more at: ′Diplomacy is back′: G7 foreign ministers present united front despite COVID setback | News | DW | 05.05.2021
Like the rest of us, G7 foreign ministers have been holding meetings online since the outbreak of the COVID-19 pandemic, with this week's talks marking the first opportunity for representatives of the group of industrialized nations to meet face-to-face in over two years.
Read more at: ′Diplomacy is back′: G7 foreign ministers present united front despite COVID setback | News | DW | 05.05.2021
August 27, 2019
June 10, 2018
G7-Trump creates Chaos at G7 - as he calls for total barrier-free trade within the G7 and a return of Russia to the group
 |
| G7 Chaos: Merkel and Trump staring each other down |
Trump, who railed against globalization in his election campaign, said he wanted all G7 nations to remove any tariffs, subsidies and other trade barriers.\
"You go tariff-free, you go barrier-free, you go subsidy-free," Trump opined, calling it "the ultimate thing." He said other world leaders reacted positively to the idea.
His economic adviser Larry Kudlow backed up the call, saying, "We’re going to clean up the international trade system."
But Trump's claims that he is in favor of global free trade would appear contradictory to his recent imposition of tariffs on US allies, much to their collective discontent.
Trump insisted US allies would yield to his demands of a trade rebalance, warning that the US would crush any opposition in a potential trade war.
"If they retaliate they're making a mistake …We win that war 1,000 times out of 1,000."
"They do so much more business with us than we do with them that we can't lose … When you’re down $375 billion you can't lose," he said, likely referring to the trade imbalance with China.
He said he could tell from the smiles of European leaders at the G7 that they knew that "the gig is up" and that they would negotiate terms with Washington.
Trump repeated his call for Russia to be allowed back into the alliance of world powers. It was kicked out of the G8 in 2014 for annexing Crimea from Ukraine.
"We're looking for peace in the world. We're not looking to play games."
"I think it would be good for Russia, I think it would be good for the US, I think it would be good for all of the countries of the current G7."
But when asked about returning to the G7 Russian Foreign Minister Sergei Lavrov said on Saturday that Moscow "never asked anyone to return" to the G7 and that Russia was happy working with the G20.
EU-Digest
June 8, 2018
March 18, 2014
The Netherlands - On High Security Alert: G7 leaders to meet next week at The Hague to discuss Ukraine
The United States
and its G7 allies will gather next week at The Hague to consider a
further response to Russia's attempt to absorb Ukraine's Crimea region,
the White House said on Tuesday.
The announcement came on the day that Russian President Vladimir Putin signed a treaty making Crimea a part of Russia after the region staged a referendum on Sunday that the West has declared illegitimate.
The G7 meeting will take place on the margins of a nuclear security summit at The Hague that U.S. President Barack Obama plans to attend.
"The meeting will focus on the situation in Ukraine and further steps that the G7 may take to respond to developments and to support Ukraine," said White House National Security Council spokeswoman Caitlin Hayden.
Note Almere Digest: During the Nuclear conference and the G7 meetings next week a variety of security measures have been taken by the EU and the Dutch Government to protect citizens and visitors against possible terrorist attacks.
These measures will include - extensive controls of all travel and travel points ( train, air, boat) in and out of the Netherlands, a no-fly-zone above the conference areas and all other strategic areas, which will be enforced by Dutch and EU air-force squadrons and special security forces. During the days of the conferences,train, bus and tram operations within the city of the Hague and surrounding areas will be limited.
Read more: G7 leaders to meet next week at The Hague to discuss Ukraine | Reuters
The announcement came on the day that Russian President Vladimir Putin signed a treaty making Crimea a part of Russia after the region staged a referendum on Sunday that the West has declared illegitimate.
The G7 meeting will take place on the margins of a nuclear security summit at The Hague that U.S. President Barack Obama plans to attend.
"The meeting will focus on the situation in Ukraine and further steps that the G7 may take to respond to developments and to support Ukraine," said White House National Security Council spokeswoman Caitlin Hayden.
Note Almere Digest: During the Nuclear conference and the G7 meetings next week a variety of security measures have been taken by the EU and the Dutch Government to protect citizens and visitors against possible terrorist attacks.
These measures will include - extensive controls of all travel and travel points ( train, air, boat) in and out of the Netherlands, a no-fly-zone above the conference areas and all other strategic areas, which will be enforced by Dutch and EU air-force squadrons and special security forces. During the days of the conferences,train, bus and tram operations within the city of the Hague and surrounding areas will be limited.
Read more: G7 leaders to meet next week at The Hague to discuss Ukraine | Reuters
Subscribe to:
Posts (Atom)