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G-7 starts 2-day finance talks with focus on int l corporate tax

G-7 starts 2-day finance talks with focus on int l corporate tax Finance ministers from the Group of Seven industrialized nations started a two-day in-person meeting on Friday in London focusing on the introduction of a global minimum corporate tax rate. Aside from the tax issue, continuing support for vulnerable countries amid the global economic recovery from the impact of the coronavirus pandemic and joint action to ensure tackling climate change are also among the agenda items, the British government said in a press release on Thursday. A statement is expected to be released on Saturday after the first face-to-face talks among the G-7 finance chiefs since 2019 are concluded, according to Japanese government sources.

G7 nations just one millimetre from historic tax deal

G7 nations just one millimetre from historic tax deal Reuters 20 hrs ago By David Milliken © Reuters/HANNAH MCKAY Britain s Chancellor of the Exchequer meets with U.S. Treasury Secretary Janet Yellen, in London By David Milliken LONDON (Reuters) -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, France and Germany said on Friday after a day of talks in London. © Reuters/POOL G7 Finance Ministers meeting in London Finance ministers from the Group of Seven rich nations are meeting in person for the first time since the start of the COVID pandemic, after U.S. President Joe Biden s administration gave fresh impetus to stalled global tax talks this year.

Japan should change wastewater decision

By Yin Xiaoliang/Gong Kexin | China Daily | Updated: 2021-04-28 07:16 Share CLOSE People rally to protest against the Japanese government s decision to discharge contaminated radioactive wastewater in Fukushima Prefecture into the sea, in Tokyo, capital of Japan, April 13, 2021. [Xinhua/Du Xiaoyi] The Japanese government earlier this month decided to discharge radioactive water from the now crippled Fukushima Daiichi nuclear power plant into the sea in two years, causing grave concern at home and abroad and evoking strong opposition from the international community, especially neighboring countries such as China and the Republic of Korea. If the Fukushima nuclear accident 10 years ago was a natural disaster caused by the earthquake-induced tsunami, then the discharge of nuclear wastewater into the sea would be a purely man-made calamity. The Japanese government s decision to minimize the country s risks and maximize it

Fukushima s nuclear meltdown hasn t been the environmental calamity we feared

April 28th, 2021 It’s been ten years since the devastating 9.0 magnitude Tōhoku earthquake and its subsequent 46 foot-tall tsunami killed more than 18,000 people, obliterated entire towns, and crippled the Fukushima Daiichi nuclear power plant on Japan’s eastern coast. As the incident unfolded in March, 2011, the stricken power plant released massive amounts of cesium-137 into the surrounding environment (roughly 80 percent of the material running into the Pacific ocean) and continued to pour out around 30 gigabecquerel of cesium-137 and strontium-90 for the next two years. And, as of 2018, around 2 gigabecquerel of radioactive pollution still manages to escape the site daily. Now, as a decommissioning project that is expected to take a generation to complete enters its second decade, Japan’s government announced a controversial decision regarding the site’s continued cleanup. The government reportedly has approved a plan to dump more than a million tons (~250 million gall

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