NATO leaders hold their first summit with U.S. President Joe Biden on Monday, aiming to repair transatlantic ties after his predecessor Donald Trump said the Western military alliance was "obsolete".
Novak Djokovic and Rafa Nadal will add another chapter to their rivalry when they face off in a much-anticipated clash on Friday but there will be more at stake than just a spot in the French Open final.
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Britain s Chancellor of the Exchequer Rishi Sunak speaks at a meeting of finance ministers from across the G7 nations ahead of the G7 leaders summit, at Lancaster House in London, Britain June 4, 2021. Stefan Rousseau/PA Wire/Pool via REUTERS
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Group of Seven rich nations will seek to overcome long-standing differences on Saturday and strike a landmark deal to close the net on large companies that they say do not pay enough tax.
The proposed accord, which could form the basis of a global pact next month, is aimed at ending a decades-long race to the bottom in which countries have competed to attract corporate giants with ultra-low tax rates and exemptions.
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Britain s Chancellor of the Exchequer Rishi Sunak speaks at a meeting of finance ministers from across the G7 nations ahead of the G7 leaders summit, at Lancaster House in London, Britain June 4, 2021. Stefan Rousseau/PA Wire/Pool via REUTERS
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Finance Ministers from the Group of Seven (G7) rich nations have said they are close to a landmark accord setting a global minimum corporate tax rate, an agreement that could then form the basis of a worldwide deal. read more
Such a deal aims to end what U.S. Treasury Secretary Janet Yellen has called a 30-year race to the bottom on corporate tax rates as countries compete to lure multinationals.
Finance ministers from the G7 group of rich nations will meet in London on Friday for two days of talks aimed at moving closer to a global deal to raise more tax from the likes of Google, Facebook and Amazon.