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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.

Virus variants threaten global recovery, G20 warns

July 12, 2021 published at 3:19 AMReuters A handout photo. Participants attend the G20 high-level tax symposium during the G20 finance ministers and central bank governors meeting in Venice, Italy, July 9, 2021. Reuters via G20 Italy VENICE, Italy, July 10 - An upsurge in new coronavirus variants and poor access to vaccines in developing countries threaten the global economic recovery, finance ministers of the world s 20 largest economies warned on Saturday (July 10). The G20 gathering in the Italian city of Venice was the ministers first face-to-face meeting since the start of the pandemic. Decisions include the endorsement of new rules aimed at stopping multinationals shifting profits to low-tax havens.

G-20 Warns of Risk to Global Recovery From Virus Variants

G-20 Warns of Risk to Global Recovery From Virus Variants

Variantes COVID-19 amenazan recuperación global, advierte G-20

Búsqueda Noticias de Tijuana. El Gran Diario Regional en línea, presentando noticias en tiempo real con información de Tijuana, Mexicali, Ensenada, Rosarito, Tecate, Baja California, México y el mundo En Tendencia: Jaime Bonilla, AMLO, Marina Del Pilar, Policiaca Tijuana, Garita Tijuana, UABC, Pandemia, COVID, Xolos, Toros País Por Redacción | sábado, 10 de julio de 2021 La perspectiva económica mundial había mejorado desde las conversaciones en abril gracias al lanzamiento de vacunas y paquetes de apoyo económico, pero reconoció su fragilidad frente a variantes como Delta. Un aumento en las nuevas variantes del coronavirus y el escaso acceso a las vacunas en los países en desarrollo amenazan la recuperación económica mundial, advirtieron el sábado los ministros de Finanzas de las 20 economías más grandes del mundo.