July 12, 2021
Yuli Murray: “We can not prevent the reform of the tax of multinational corporations” – rts.ch. by Jake Pearson
When G20’s big funders approved a tax reform for multinational corporations on Saturday aimed at ending tax breaks, Federal Councilor Julie Murray did not hide her frustration after the decision. “But we can’t stop this reform.”
It was in Venice that the big G20 funders adopted a reform that was considered “revolutionary” in the taxation of multinational corporations, which had already been approved by 132 countries, including Switzerland, promising to shake up international taxes permanently.
U.S. Treasury Secretary Janet Yellen gave a chorus of exciting reactions to the tax, to European Economic Commissioner Paulo Gentiloni, who called on the world to act quickly to finalize the reform.
Rainbach rüstet nach erstem Protestpaziergang für weitere Aktionen
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Smalltalk der Woche – Dieser Drink lässt Sie schneller laufen
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The Business & Financial Times
July 9, 2021
Finance Minister Ken Ofori-Atta has reiterated the need for Ghana to go into strategic partnerships with developed countries to add value to the country’s basic exports to improve foreign earnings.
He stated that Ghana has exported over US$18 billion worth of cocoa to Switzerland in recent times but the European country controls more than five times the value in the cocoa processing market. This, he said, can be reversed through strategic partnerships to enable Ghana the primary producer of cocoa to earn significant returns from the commodity.
“The terms of trade are fascinating. We have exported about US$18 billion worth of cocoa to Switzerland and they have turned it into hundreds of billions of dollars. They have given us a grant of US$370 million which we are grateful for, but we need to relook the relationship to benefit us more from trade,” Mr. Ofori-Atta said after the government of Switzerland signed an agreement with th