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Key Takeaways from G-7 Summit

Social Share Leaders of the Group of Seven (G7) held their 47th summit from 11-13 June in Cornwall, United Kingdom (UK). The core members of the G7 are Australia, Canada, France, Germany, Italy, the UK and the United States (US). This year, the leaders of India, South Africa, South Korea and the European Union (EU) were also invited. G-7 countries account for roughly 45% of the global economy, down from about 70% three decades ago. Notwithstanding this downward slide in their colle...
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The Latest on the Group of Seven nations meeting being held in England: BRUSSELS รขย€ย” President Joe Biden has arrived in the capital of Belgium for the upcoming NATO summit, wearing a mask because of the coronavirus as an honor guard and trumpeters greeted him. The U.S. president wrapped up a three-day meeting for the Group of Seven nations on Sunday and after a tea with Queen Elizabeth II flew to Brussels for the NATO meeting scheduled to begin Monday. Biden says that a strong NATO partnersh...
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The Latest: G-7 favors global minimum tax on multinationals

The Latest on the Group of Seven nations meeting being held in England: CARBIS BAY, England รขย€ย”The leaders of the worldรขย€ย™s richest countries have agreed to endorse a global minimum tax on multinational corporations. The decision had been widely anticipated after finance ministers earlier this month embraced placing a global minimum tax of at least 15% on large multinational companies to stop corporations from using tax havens to avoid taxes and thus robbing some countries of much-needed...
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