• Picture: 123rf.com

    Global tax still far from becoming reality

    After the accolades, an agreement among the world's wealthiest countries to set a global minimum tax on the biggest companies now faces a long, bumpy road to implementation.

  • FILE: British finance minister Rishi Sunak will host the with counterparts from Canada, France, Germany, Italy, Japan and the United States. Picture: AFP

    Corporate tax deal tops agenda at G7 finance meet

    According to a draft communique seen by AFP, the finance chiefs and central bankers of the world's seven richest nations will express "strong support" and a "high level of ambition" over a global minimum corporate tax.

  • Picture; 123rf.com

    G7 to end state financing for coal power plants this year

    Ahead of a leaders meeting in Britain next month, G7 countries' climate and environment ministers also reaffirmed their commitment to limit keep temperature rises below 1.5 degrees Celsius by 2050, following a two-day virtual meeting.

  • A handout picture released by the European Commission shows Britain's Prime Minister Boris Johnson (C) and Britain's Foreign Secretary Dominic Raab (2L), posing for a family photograph with other delegates during the G7 foreign ministers meeting in London on May 5, 2021. Picture: AFP

    China hits back at G7 rights criticism

    Foreign ministers from G7 countries Britain, the United States, France, Germany, Italy, Canada and Japan urged China to abide by its obligations under international and national law during their first face-to-face meeting in two years in London.

  • US Secretary of State Antony Blinken attends a press conference with India's Foreign Minister Subrahmanyam Jaishankar following a bilateral meeting in London on 3 May 2021, during the G7 foreign ministers meeting. Picture: Ben Stansall/AFP

    G7 pushes solidarity to tackle global threats

    China, Myanmar, Libya, Syria and Russia are all on the formal agenda as the ministers from the club of wealthy democracies prepare for a leaders' meeting in Cornwall, southwest England, next month.

  • FILE: This handout picture made available by the World Health Organization (WHO) shows WHO Director-General Tedros Adhanom Ghebreyesus delivering remarks following the speech of US President's chief medical adviser during a World Health Organization (WHO) executive board meeting on 21 January 2021 in Geneva. Picture: AFP

    WHO begs G7 to step up and combat COVID-19

    The WHO said the Group of Seven industrial powers had the ability to fund the vaccines, tests and treatments needed to conquer the pandemic - and knock down the barriers blocking faster production.

  • FILE: Joe Biden will become the first US president to address the Munich meeting, underlining a decisive shift after cooperation was all but broken under his go-it-alone predecessor Donald Trump. Picture: AFP

    Biden at G7 debut vows action on climate, COVID recovery

    British Prime Minister Boris Johnson, this year's chair of the club of wealthy nations, will convene the virtual talks at 1400 GMT, vowing to free up any surplus coronavirus vaccines for poorer countries at a future date.

  • View of a burnt area after a fire in the Amazon rainforest near Novo Progresso, Para state, Brazil, on 25 August 2019 Brazil on Sunday deployed two C-130 Hercules aircraft to douse fires devouring parts of the Amazon rainforest, as hundreds of new blazes were ignited and a growing global outcry over the blazes sparks protests and threatens a huge trade deal. Picture: AFP

    Brazil bans burning for two months to defuse Amazon crisis

    The blazes that have engulfed parts of the world's largest rainforest - which is crucial for maintaining a stable global climate - have also sparked a diplomatic spat between Brazil and Europe that threatens to torpedo a major trade deal.