Britain on Friday hosts an online gathering of G7 finance ministers, with discussions focusing on aid for the poorest nations hit by the pandemic.
The Group of Seven foreign ministers' meeting in London was hit by a COVID-19 scare on Wednesday when India's foreign minister and his entire team said they were self-isolating after two delegation members tested positive.
In a move that could raise hundreds of billions of dollars to help governments cope with the aftermath of COVID-19, the Group of Seven (G7) large advanced economies agreed to back a minimum global corporate tax rate of at least 15%.
Some of the world’s richest nations are within touching distance of a historic deal to close the net on large companies which do not pay their fair share of tax, French Finance Minister Bruno Le Maire said on Friday after a day of talks in London.
Rich nations must do more than just donate surplus vaccines if they hope to end the COVID-19 pandemic. Public health experts and humanitarian groups are calling for money, increased production and logistical support to help developing countries where the virus
Britain will do “whatever it takes” to protect its territorial integrity in a trade dispute with the European Union (EU), Prime Minister Boris Johnson said on Saturday, threatening emergency measures if no solution was found.
The pledge to donate one billion doses of Covid vaccines for the world’s poor made by the Cornish summit of the Group of Seven (“G7”) wealthy democracies has been criticised as “too little, too late” by health professionals.
The 3Cs: Covid, China and Climate Change dominated the G-7 Summit. But overall the leaders were not able to present a united stand on any major issue. The 47th annual G-7 Summit, ended on Sunday last at the Carbis Bay in Cornwall, UK.
The exclusive club, dubbed the “Group of Seven,” wealthy democracies is set to hold its annual summit this weekend at a posh hotel at Carbis Bay, St. Ives, in Cornwall.