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Corona variants and inequitable vaccine distribution worrying, say G20 nations

Corona variants and inequitable vaccine distribution worrying, say G20 nations PUBLISHED BY The rise in new variants of the Coronavirus and poor access to vaccines in developing countries will derail the recovery of economies across the world, warn the finance ministers of the G20 nations. The G20 nations have gathered in Venice in Italy for an in-person meet after the onset of the pandemic. A major discussion centered on the new rules aimed at stopping multinationals from shifting profits to low-tax havens and the global corporate tax. The G20 leaders are in discussions to finalize a new global minimum corporate tax rate of 15% at a Rome summit in October. This could help overburdened governments rake in billions of dollars to meet the difficulties of capital brought about by the Covid-19 crisis.

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