Transcripts For BBCNEWS BBC News 20240710

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To defend its decisIon to ban twitter, saying the social Media Site had been used to spread misinformatIon. Booing. And waved off with banners, whistles and boos. Msc orchestra the first Cruise Ship to embark from venice post pandemic, sets off to a chorus of protest. Hello and welcome if you re watching in the uk or Around The World. Its being hailed as a historic agreement, that could see global governments make billIons more in tax revenue. The deal made today, by the G7 Group of leading economies could shake up the Tax System for multinatIonal companies, like big tech giants. It could include a global minimum corporate Tax Rate of 15 to avoid countries undercutting each other. Tech companies google and facebook have welcomed the move. Our Economics Editor Faisal Islam reports. MultinatIonal companies, especially the big tech giants, have become more powerful than some governments, especially in their ability to pay minimal tax bills. Today, the Finance Ministers of the seven leading economies, the g7, hit back with an historic deal brokered by the chancellor rishi sunak. Im delighted to announce that today after years of discussIon, G7 Finance ministers have reached a historic agreement to reform the global Tax System, to make It Fit for the global digital age but crucially to make sure it is fair, so that the right companies pay the right tax in the right places. They agreed to the principle of a global minimum Ion-tax'>CorporatIon Tax of at least 15 . As well as rules to make the largest companies with profits of more than 10 pay more tax in countries where sales are made, notjust where they declare their profits. The us had initially wanted a higher Minimum Rate of 21 . What do you say to those campaigners who say 15 isnt really going to be the Tra Nsformative Change . We have yet to set the final rate. There is an agreement amongst the g7, though, to go for at least 15 , and i do think that is an historic achievement. Alongside the power to tax some local sales, the uk, foryears, campaigners and European Finance ministers wanted this change but it was unthinkable, up until a few months ago. Its the pandemic that has changed things, requiring Finance Ministers Around The World to have to fill coffers emptied by a year of lockdowns, but also a change in the american government, as well, creating a window of opportunity. Now, they need to get the rest of the world on board. The proposals must now go to the wider G20 Group including china, russia and brazil, and then the rest of the world. The german Finance Minister hailed today as an important step, even if difficult conversatIons lay ahead with countries whose Tax Rates are below 15 . Im sure that the decisIon that has been made today will be very successful. This is a train that has already started and anyone willjoin the train. Irelands rate of Ion-tax'>CorporatIon Tax is 12. 5 . Isnt this notjust about a corporate Tax Rate but The End of a low Tax Business Model for your country . We will, even with an acknowledgement of the change that is coming, continue to have the kind of legitimate policies in place in ireland that deliver a competitive approach for ireland and allow us to grow and retain employment. Google and amazon have said they support the work being done to Reform Tax rules. So has facebook, which acknowledged it could end up paying more as a result. This deal is a product of very different times. An opportunity taken in a crisis by the worlds big seven. The americans are also using this meeting to urge the rest of the world, despite worries about higher borrowing and rising inflatIon, to carry on pumping financial support into the Recovery Or Risk undermining it. Faisal islam, Bbc News, at the g7. Lets speak now with jayati ghosh, professor of economics at the University Of Massachusetts and member of the independent commissIon for the reform of internatIonal corporate taxatIon. Professor, of internatIonal corporate taxatIon. Good to have y today. Professor, good to have you with us today. Contrary to other descriptIons of this deal as being historic, you dont say it is, do you . Historic, you dont say it is, do ou . ,. , historic, you dont say it is, do ou . ,. , historic, you dont say it is, do ou . ,. ,. , historic, you dont say it is, do ou . ,. ,. , you . No, i have to confess we are uuite you . No, i have to confess we are quite disappointed. You . No, i have to confess we are quite disappointed. To you . No, i have to confess we are quite disappointed. To put you . No, i have to confess we are quite disappointed. To put it quite disappointed. To put it frankly, it is a bit of a Sell Out. I am not surprised google, facebook and all of the other digital companies are pleased that this result because it is the best possible outcome for them. Mit . Result because it is the best possible outcome for them. Why do ou call it possible outcome for them. Why do you call it a possible outcome for them. Why do you call it a sell possible outcome for them. Why do you call it a Sell Out . Possible outcome for them. Why do you call it a Sell Out . There possible outcome for them. Why do you call it a Sell Out . There are you call it a Sell Out . There are problematic. You call it a Sell Out . There are problematic. One you call it a Sell Out . There are problematic. One is you call it a Sell Out . There are problematic. One is setting you call it a Sell Out . There are problematic. One is setting the minimal Tax Rate to 15 . We recommend a 25 which would be an average of corporate Tax Rates across the world. The united states had originally recommended 21 . It has suddenly come down to 15 which is close to the Tax Rate of havens like switzerland and ireland. For some countries, it could be a decrease. The other point, this is not a Tax Rate on all profits, it is a Tax Rate and the devil in the detail is this is supposed to be imposed on profits above Io . This is bizarre. In no country in the world our Tax Rates imposed on a certain portIon of profits only, they are imposed on all profits. Profits are after you have paid for all of your costs, including capital costs. So this idea is ridiculous. What this means is that if this global minimum becomes effectively a global minimum becomes effectively a global maximum, many countries will lose out in Tax Revenues rather than gain, including developing countries whose Tax Rates are currently much higher. Whose Tax Rates are currently much hiaher. ,. , , higher. Ok, to get more countries are bored with higher. Ok, to get more countries are bored with this, higher. Ok, to get more countries are bored with this, just higher. Ok, to get more countries are bored with this, just 15 higher. Ok, to get more countries are bored with this, just 15 need| are bored with this, just 15 need to be a starting positIon or is that out of the window as far as you are concerned, it has to be a minimum of 21 to be ambitIous enough . I concerned, it has to be a minimum of 21 to be ambitIous enough . 21 to be ambitIous enough . I would sa first of 21 to be ambitIous enough . I would say first of all 21 to be ambitIous enough . I would say first of all you 21 to be ambitIous enough . I would say first of all you have 21 to be ambitIous enough . I would say first of all you have to 21 to be ambitIous enough . I would say first of all you have to get 21 to be ambitIous enough . I would say first of all you have to get rid say first of all you have to get rid of this nonsense it is only on surplus profits, it should be on all profits, that is the minimum basic change that is required. The g7, if it is really serIous, they should use the clause in their announcement that says a minimum of 15 to announce their own much higher Tax Rates. If they really want g20 countries on board. Otherwise i suspect many of the other g20 countries will not find this an attractive or important result. [30 attractive or important result. Do ou attractive or important result. Do you think, despite the welcome from some big corporatIons, dim you think we will see a fightback from others to try and push back on what has been announced today . The . To try and push back on what has been announced today . They could alwa s been announced today . They could always push been announced today . They could always push back been announced today . They could always push back for been announced today . They could always push back for pr been announced today . They could always push back for pr reasons, l been announced today . They could l always push back for pr reasons, but they dont need to fight back on this, it is something in their favour. If you are thinking of any global minimum Tax Rate, these are the best possible conditIons for global multinatIonals, they couldnt have asked for anything better. {lilia have asked for anything better. Ok, Thank Ou have asked for anything better. Ok, thank you very much. The former Director General of the world trade organizatIon, pascal lamy, whos currently president of the Paris Peace forum gave us his view on the deal. I do think this is a very important agreement. Not that everything, every detail, is sorted out. There will be a lot of decisIons to be made, but the political signal is, in my view, extremely important, for two reasons. One, because multinatIonal companies will not be able, any more, to avoid paying taxes and this is a step forward in Global Governance at a time where, as we know, Global Governance is not in good shape so it is a good signal in this respect, and also because it is The End of the so called regan Thatcher Regan Thatcher taboo according to which government was too big, and a good way to shrink government was to encourage tax competitIon. This is The End of this era. Whatever political paradigms there will be here or there now, for Country X or y, The General view is that, big multinatIonal companies making the so called profit they make and, notably in the digital sector, without paying taxes, its something that has become intolerable and i think what we have been through with this covid crisis and the sort of problems we now have, for instance, to finance vaccinatIon in poorer countries points exactly in the same directIon. We need a larger level of fairness, if not solidarity in a globalised economy which will remain globalised. The head of nhs providers, which represents english trusts, says the decisIon on easing restrictIons in england on the 21st Ofjune is finely balanced. Chris hopson warned that the Delta Variant first discovered in india, is still spreading but he said vaccines appear to be breaking the link between coronavirus cases and serIous illness. Our Health Correspondent Naomi Grimley reports. Its the big questIon of the summer. Can hospitals still cope with the numbers of people who will fall serIously ill with Covid 19 before the full effects of Ion'>Mass VaccinatIon are felt . Hospital admissIons are well below the levels we saw in winter. And today one of those representing Health Trusts appeared to strike an optimistic note. It does look as though the vaccines have kind of broken the chain between catching Covid 19 and potentially being very, very serIously ill and potentially dying. Bolton is the area hit hardest by covids more transmissible Delta Variant, first discovered in india. Looking at whats happening in hospitals is a gauge to whether the nhs in general will be able to cope. This graph shows the number of Covid Patients in boltons hospitals over the last few months. You can see there are high peaks in november and again in january and february. In the last few weeks, the figures have been rising again but they are nothing like those earlier peaks. But new Case Numbers are rising noticeably as we mix more and some experts fear the Delta Variant could take hold in groups which havent yet been fully vaccinated. More mutatIons could be incorporated into the Delta Variant that could mean that vaccines are less effective and thats really what we want to avoid. The worst Io'>Case ScenarIo for us is a variant that is both more transmissible and resistant to vaccinatIon. OpinIons in the scientific community remains split. Perhaps the only Thing Everyone can agree on is that more data is needed. Naomi grimley, Bbc News. Lets take a look at some of the other stories making the news. Kurdish officials in Northern Iraq say at least three people have been killed in a turkish Air Strike on a camp for displaced people. The strike on the makhmour camp, Housing Kurdish Refugees from turkey, comes three days after President Recep Tayyip erdogan warned that turkey would Clean Up the camp, which it claims provides a haven for kurdish militants. Thousands of people have marched through budapest to protest against controversial plans to open a multi millIon dollar chinese University Campus in the hungarian capital. They say the project will undercut the countrys own higher educatIon, and increase the influence of chinas communist authorities. The right Wing Government of Viktor Orban has close ties with beijing. The Indian Capital Delhi has announced a gradual lifting of covid restrictIons, weeks after being ravaged by a second wave. Markets and malls will partially reopen from monday. Despite the move, officials are still warning the country to prepare for a third wave of coronavirus. The Indian Government says twitter has one last chance to comply with new Ion-technology'>InformatIon Technology rules, which aim to make Social Media firms more accountable to legal requests for the removal of posts. The authorities want twitter to appoint a Grievance Officer in india to deal with complaints. The bbcs south asia editor, anbarasan ethirajan, explains why this is a complex issue for twitter. Twitter has been backing with the government and prime minister, narendra modi, for the last three months regarding this new it route. This was announced in February The 1st and the government gave three months� time for digital and Media Companies to comply and it ended in the late last month. But twitter says, it has appointed a few people but the government in a statement has readjusted Theres Appointment saying, they were not employees of the twitter company. Why the government wants twitter to comply, the government believes there is a lot of sexual abuse, defamatIon and also harassment going on on twitter and they needed someone he was answerable to the government and to indian law so these posts can be removed as and when these are a threat to social order of decimating. But twitter, there is also a problem because twitter� s ideology has been freedom of expressIon and empowering people to express their views. And if they are not going to operate in india they will be losing a lot of revenue because it is one of the fastest growing markets for them in the world. Meanwhile, Nigerias Attorney General has told the bbc that any Person Or Company breaking the governments ban on using twitter will be prosecuted. MillIons of users have been blocked from accessing the site after twitter removed a tweet by nigerias president muhammadu buhari, saying it breached the Social Media platforms rules. The government has suspended twitter indefinitely for undermining nigerias corporate existence. Mayenijones reports. On Saturday Morning Twitter Users in nigeria woke up to find they had no longer had access to their accounts. That is whilst they were using most mobile phone networks. On Wi Fi you can still access the website and the Hashtag Thankgodforvpn has been trending, so many users have managed to find a way to use the website by using virtual private networks. The nigerian government had announced on friday it planned to suspend all of twitter� s activities in the country. At the time it was unclear at what they meant by that. It seems they now decided to block access to the website, Telecoms Companies that operate in nigeria released a Statement Saying that theyd received a directive from the government to suspend twitter and that they had complied. But they did say that they followed the united Ions-provisIon'>NatIons ProvisIon under the freedom of communicatIon and that they agreed with those. Twitter users in nigeria have been very angry. They say that this is undemocratic. Nigeria is africas largest democracy and many see this as a step backwards for the country. Many are also pointing out to the fact that president buhari was a Military Dictator in this country in the 80s and they see this latest move as a continuatIon of that legacy. Twitter has issued a statement. They say they are deeply concerned by the suspensIon of their services in nigeria and they said they will work towards reinstating the service for its users here. There are about 150 millIon Internet Users in nigeria and according to the authorities here, just over 60 of those use twitter. So its a huge market for the social Media Company and they will be really desperate to try and rebuild relatIonships with the government. For a little bit of context, this has happened because twitter deleted a post by president buhari earlier this week. They said it breached its rules in that post, many nigerian users flagged it because they felt it was a threat to a successIon its movement in the South East of nigeria. The headlines on Bbc News. In whats been hailed as a historic agreement G7 Finance ministers negotiate a deal on taxing multinatIonal corporatIons. The head of nhs providers in england says coronavirus vaccines appears to have broken the link between cases and serIous illness. The Indian Government issues a final notice to twitter to comply with the countrys new Ion-technology'>InformatIon Technology rules. Mexico is reeling from a surge of political vIolence. The country is seeing the largest Ion'>Midterm ElectIon in history but at least 89 politicians have been killed in recent months 35 of them running for political office. The electIon will determine who controls the Lower House of congress, 15 governorships, and hundreds of city halls. The vIolence is blamed on criminal gangs trying to gain political influence and candidates who want to intimidate their opponents. Anne laurent reports from central mexico. Viewers may find some of the images in this report upsetting. This was a mayoral candidate for a city in northern mexico. Crime was a key issue of his campaign. A day after filming this message, he was shot to death while handing out flyers in the street. This women was calling for supporters to join her at a political rally in central mexico. But a few minutes later, she was shot dead. Microphone in hand. She left children and even grandchildren behind. These are just a few examples of the shocking levels of vIolence seen across the country. As mexico is heading towards its biggest mid term electIons in history, criminal gangs trying to gain political influence are often blamed for these attacks. Running for office in mexico is a risky business. Dozens of candidates have already been killed ahead of these electIons and hundreds more are being threatened for staying in the race. A Security Camera caught the moment when this home was set on fire. Luckily, the man who lives there is not home that night. He is running as an independent to be a mayor in central mexico. Since he started leading the polls, he has been subject to all sorts of threats. Political vIolence has been going on for decades in mexico, but this year, the Mexican Government is finally admitting the Problem And Offering protectIon to those under threat. SuspicIous of the governments plan, julIo has declined the offer. I ask him if he is scared. After a moment of reflectIon, he breaks down. His fear is shared by so many candidates across the country, but most of them will not give up. Ready to risk their lives to bring real change. Anne laurent, Bbc News, mexico. A us federaljudge has overturned California S 32 year old ban on Assault Weapons, calling it unconstitutIonal. He s given the state 30 days to appeal. California s governor condemned the ruling saying it was a direct threat to public safety. Ian ayres, Professor Of Law at Yale Law school, explained what this ban means. This judge takes a very extreme view of the second amendment to the us constitutIon. The opinIon begins with the strange thought that an Assault Weapon and an Ak 47 is a perfect weapon for home defence, because the Supreme Court said that the right to bear arms is particularly strong at the home, and the opinIon doesnt give enough weight to the reason for the state to want to deter mass shootings. A Cruise Ship has left venice the first to do so since the Coronavirus Pandemic began. While people are keen to get back to normality, not everyone was happy about the ship entering the canal. Rachel stanton reports. No big ships. That is what is on the flag is being raised here in venice. People have taken to the streets and waters, as they are concerned about the impact ships have on the historic city. Back in march this year, Italys Government said Cruise Ships would no longer sail past venices st marks square and the dock in the historic centre, but would instead be diverted to the citys industrial port. However, the infrastructure is not yet in place for this to happen. This is the msc orchestra. Its set to cruise around the mediterranean with about 650 passengers. But residents in venice have been urging the government to ban large ships from the lagoon over safety and environmental concerns. The reason we are here is because we are citizens of venice and we are against this passage, but we are also against this type of Tourism Model that is destroying the city and is pushing out residents and people that want to live here. A Rival Protest also took place in support of the resumptIon of the tourist season. Many have suffered financially as well as losing their livelihoods. In the last two decades, the picturesque city has become one of the worlds most important cruise destinatIons, and people are keen for things to get back on track. Venice is our home port. This is where many itineraries begin or end, and this means two things, first that the economic impact in venice is huge. The other thing is that, well, basically, there is a risk that if venice is taken off the itineraries, all of the adriatic will suffer the consequences of this, so yeah, it would be a huge impact. The battle to stop large vessels from being in these waters is far from over. The government said it is organising bids for a Rival Alternative outside the lagoon, relieving the traffic through venice. Rachel stanton, Bbc News. Well take a look at tomorrows front pages. At 10 30 and 11 30 this evening in the papers our guests joining Annita Mcveigh are kieran andrews political editor at the times Scotland And Maya goodfellow political writer academic. Pa Rt Part one of the weekend has been fine and dry with plenty of sunshine and a big improvement across the south of england. Plenty of sunshine and fair Weather Crowd across the country. It wasnt sunny everywhere, certainly later on cloudy skies thanks to a Weather Front pushing into Western Scotland and northern Ireland Courtesy of this new Weather Front arriving in, gradually as the day wore on. This is going to bring outbreaks of patchy rain this evening and overnight. Into western areas initially and then will spread eastwards into central, northern, Southern England and wales. Meanwhile it will start to dry up a little bit with Clear Skies by The End of the night on the far South East will see clear stuff guys. Temperatures range from ten to 13 degrees. This ridge of high Pressure Building on a cross on day four western areas. This Weather Front will be straddling central and eastern parts of the country so it is a reversal of fortunes and we will see Sunny Skies for sunday across scotland and Northern Ireland and increasingly western England And West wales. For the rest of England And East of wales it will be showery bursts of rain and a few heavy downpours likely to be mixed into that. It will be cooler across england and wales, 19 to 21 degrees and 19 celsius across the North West where we will have the best of the sunshine. On monday, the Weather Front weakens as it pushes towards the east and it will leave a legacy of cloud but we will have High Pressure dominating the scene. It will be a day of variable cloud and sunny spells. But with the weak Weather Front across eastern areas, likely to destabilise the atmosphere and we could see some heavy showers developing across the eastern side of the country in the afternoon as temperatures rise. There is temperatures rise. There is temperatures reaching highs of around 19 to 20, 2122 degrees in the warm spots. This week, High Pressure holds on across the south of the country. Low Pressure Skirt pass the North West and it will bring stronger winds, North West and it will bring strongerwinds, more North West and it will bring stronger winds, more cloud and some showery rain at times, particularly to parts of scotland and Northern Ireland. Cloudy and breezy across north and western areas, close to the High Pressure in the south, this is where you see the best of the sunshine and the warmth. Hello. This is Bbc News with well be taking a look at tomorrow mornings papers in a moment first the headlines. The G7 Group of leading economies have reached what is described as an historic agreement to reform the global Tax System. The deal includes a global minimum Ion-tax'>CorporatIon Tax of at least 15 . The Indian Government has issued a final notice to twitter to comply with its new Ion-technology'>InformatIon Technology rules which aim to make Social Media firms more accountable to legal requests for the removal of posts. A us federaljudge has overturned California S 32 year old ban on Assault Weapons, calling it unconstitutIonal. California s governor has condemned the ruling, saying its a direct threat to public safety. And the first Cruise Ship to set off from venice since the Covid Pandemic began has been waved off by hundreds of protesters. Theyre concerned about the impact of Cruise Liners on the citys fragile architecture and canals. Hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. With me tonight are maya goodfellow, a political writer and academic and Kieran Andrews Political Editor Of The Times scotland. Tomorrows front pages, starting with. The observer it reports that the prime minister will call on fellow leaders at the g7 to pledge to vaccinate the Ion'>Worlds PopulatIon by The End of 2022. On the front page of the express the � historic� deal reached today by the G7 Group of advanced economies to make multinatIonal companies pay more tax. The telegraph says the government is currently drawing up plans

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