Finance ministers from the Group of Seven leading industrialized nations are meeting ahead of the annual summit of G7 leaders scheduled for June 11-13 in Carbis Bay, Cornwall. The U.K. is hosting both sets of meetings because it hold's the group's rotating presidency.
IMF economists recently estimated it would cost $50 billion to vaccinate 60% of the world's population by the middle of next year, and that achieving that goal would generate $9 trillion in additional economic output by 2025. U.S. Treasury Secretary Janet Yellen, who is attending the London meetings, has said a minimum tax rate is needed to end a "30-year race to the bottom" that has seen countries around the world cut corporate taxes to attract investment.
Hey CF the CPP and QPP are not an asset you can use to balance the books. They belong to the workers who invested in them.
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U.K. removes Portugal from safe travel list in blow for airlinesBritain removed Portugal from its quarantine-free travel list on Thursday, essentially shutting down the UK's international leisure market just weeks after it reopened and sparking outrage from embattled airlines.
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Felled U.K. slave trader statue displayed; city mulls its fateA statue of a 17th-century slave trader that was toppled during anti-racism protests in the English city of Bristol is being displayed in a museum, where visitors will be asked to help decide its fate. Who sold European slaves? So now there never was a slave trade in the U.K.?
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EU, U.K. investigate Facebook over classified ad competitionEuropean Union and British regulators opened dual antitrust investigations into Facebook on Friday to look into whether the company distorts competition in the classified advertising market by using data to compete unfairly against rival services.
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