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G7 leaders agree on vaccines, China and taxing corporations

42 Comments
By JILL LAWLESS, SYLVIA HUI, DANICA KIRKA and JONATHAN LEMIRE

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The G7 also backed a minimum tax of at least 15% on large multinational companies to stop corporations from using tax havens to avoid taxes, a move championed by the United States.

Good. This will help small businesses and the middle class worldwide.

10 ( +14 / -4 )

Photo looks more like the G5 with some backup players. Right where Suga belongs.

9 ( +12 / -3 )

They should change their name to the "Group of Seven Wealthy Nations Against China" (G7WNAC), but I guess that wouldn't have the same ring as G7

3 ( +8 / -5 )

Don't the economies of Canada, France, Germany, Italy, Japan, and the United Kingdom combined equal China's? Okay, maybe I'm slightly exaggerating, but still...

8 ( +11 / -3 )

“This G7 summit will live on in infamy," said Max Lawson, the head of inequality policy at the international aid group Oxfam. “Faced with the biggest health emergency in a century and a climate catastrophe that is destroying our planet, they have completely failed to meet the challenges of our times.”

Not to be too cynical, but have to agree here. Oxfam and ProPublica have been doing the Lord's work exposing this untaxed transnational capital.

But the pledges on environmentalism have always amounted to little and there is even less reason to believe that this corporate tax will be enforced and used wisely.

Have it linked to a UBI program or guaranteed health care or housing, like with property taxes and education, and we could be moving in the right direction.

2 ( +8 / -6 )

Johnson, the summit's host, wanted the three-day meeting to fly the flag for a “Global Britain,” 

Ah, trying to bring back the British Empire, eh? It worked so peacefully last time. /s

-7 ( +7 / -14 )

Not every European power has viewed China in as harsh a light as Biden, who has painted the rivalry with the techno-security state as the defining competition of the 21st century.

It seems that the US and UK leaders are unaware how much the world has changed. They see themselves as global leaders, but Europe and Japan are not eager to follow them. They are out-of-date and don’t even know it yet. Embarrassing.

Johnson called Biden “a breath of fresh air.” Italian Premier Mario Draghi said the president “wanted to rebuild what were the traditional alliances of the United States after the period of Trump, during which these alliances were seriously cracked.”

Whatever progress is made run the risks of being undone by the next US administration every four or eight tears. Wash rinse repeat. Trump is considering running in ‘24. The US can’t lead effectively when the leadership changes so quickly.

The prime ministers and presidents also mingled with Queen Elizabeth II at a royal reception, ate steak and lobster at a beach barbecue and watched an aeronautic display by the Royal Air Force Red Arrows during their stay by the sea.

Without lobster and rum, how can you ask them to come up with good ideas to save the world?

1 ( +8 / -7 )

What a difference getting rid of a narcissistic sociopath makes. Currently 75% of EU nationals feel that the US can be trusted to do the right thing.

under the fat former guy it was 17%.

-6 ( +12 / -18 )

That it was necessary to have this meeting to decide something that was obviously necessary long before is a show of how little it actually mattered. Just publicity about doing the minimum that is possible to do.

4 ( +11 / -7 )

The right thing for who?

Currently 75% of EU nationals feel that the US can be trusted to do the right thing. 

under the fat former guy it was 17%.

0 ( +8 / -8 )

Certainly not for Vlad. Poor Puttie.

1 ( +6 / -5 )

The more you tax corporations, the more expensive your coffee will be.

-2 ( +8 / -10 )

Why is that guy wearing a Jay Leno head?

5 ( +6 / -1 )

So they just sold one billion emergency vaccines. What’s their commission?

2 ( +9 / -7 )

Priceless ..:) even the protester puppet Suga seems to be the odd one out there, trying to figure out what the heck is going on.

6 ( +9 / -3 )

So they just sold one billion emergency vaccines. What’s their commission?

Even at the minimum, expected economic recovery would make any kind of commission on vaccines peanuts. Developed countries depend very strongly on those still affected by the pandemic for a log of their economies, so "helping" them means a lot of money falling on their laps.

-2 ( +7 / -9 )

Despite the headline of this article, everyone knows that the G7 did NOT agree on China. Biden failed to get his hard line on Xinjiang passed. Not everyone is impressed with US NED-funded propaganda.

"“This G7 summit will live on in infamy," said Max Lawson"

Lawson is correct.

3 ( +5 / -2 )

It's ironic that the G7 nations, except Canada, all carved up and colonized China in the 19th and 20th centuries. But then again, Canada had their own Chinese exclusion act. EU can now represent the other missing colonizers, Austria, Hungary, Belgium and Portugal! Unfortunately the remaining colonizer, Russia, got booted out of G8.

-1 ( +4 / -5 )

Leaders of the Group of Seven wealthy nations staked their claim Sunday to leading the world out of the coronavirus pandemic and crisis, pledging more than 1 billion coronavirus vaccine doses to poorer nations.

Yeah, leading the world with vaccine nationalism. Rhetoric is cheap.

2 ( +5 / -3 )

Half of the billion-dose pledge is coming from the United States and 100 million from Britain. Canada said it also would give 100 million doses, and France pledged 60 million. 

Continental Europe is never willing to pull its own weight on anything.

-1 ( +5 / -6 )

I love “wealthy nations” when if you look at their finances they are essentially bankrupt. Only money printing keeping their economies alive and allowing their ruling classes to spend money like drunken sailors.

6 ( +8 / -2 )

They are only leaders of one thing, "suppressing freedom and installing global surveillance".

1 ( +4 / -3 )

They should've got a fatter guy to wear the Boris head.

-2 ( +1 / -3 )

It was a great vacation for Suga who is in hot water back in Japan.

2 ( +3 / -1 )

The G7 protestors in the photo are great. Too funny.

-1 ( +0 / -1 )

Priceless ..:) even the protester puppet Suga seems to be the odd one out there, trying to figure out what the heck is going on.

As the unelected leader of the worlds third economy, he should at least learn English. He’s the guy at the back with an open checkbook. Probably confused about 10000 and 1000.

0 ( +2 / -2 )

So they just sold one billion emergency vaccines. What’s their commission?

What in god's name are you talking about? The one billion vaccines will be given to poorer countries, not sold.

-1 ( +3 / -4 )

There are 9 of them!! I know the EU Commissioner, but who is the other spare wheel?

Not a good look when they can't even count for the picture.

-2 ( +0 / -2 )

"Don't the economies of Canada, France, Germany, Italy, Japan, and the United Kingdom combined equal China's? Okay, maybe I'm slightly exaggerating, but still..."

1) You are exaggerating.

2) 1.2 Billion people equals a large GDP.

3) Divide that large GDP by its equally larger population

China doesn't look that great now, does it?

4) That's how it should be done. instead of simply "marvelling" at the fact a 1.2 billion nation has a larger GDP than one with e,g, Britain, 65 million people, or Japan 125 million.

Bigger GDP, yet poorer than even South Korea, not in the G-7.

5) There are good reasons why China is not in the G-7:

a) Authoritarian and totalitarian State

b) Middle income (lower) country, therefore not rich,

Simples.

-5 ( +1 / -6 )

What in god's name are you talking about? The one billion vaccines will be given to poorer countries, not sold.

The emergency vaccines will be paid for by tax payers. The money, currently $100 per person for Pfizer will go to...Pfizer. Or Modena. J&J. Astra.......

-3 ( +2 / -5 )

Boris hung by his own petard courtesy of a British journalist:

https://twitter.com/ukiswitheu/status/1403775184537018372?s=20

0 ( +2 / -2 )

The emergency vaccines will be paid for by tax payers. The money, currently $100 per person for Pfizer will go to...Pfizer. Or Modena. J&J. Astra.......

The Pfizer vaccine costs $19.50 per dose for the American government, and $14.70 per dose for the European governements. Why would you claim it costs $100 per person?

Also, why did you try to imply the G7 leaders somehow get a commission on that?

1 ( +3 / -2 )

There're six masked heads of states in the picture far above. What's happened to Italian Prime Minister?

-2 ( +0 / -2 )

Is there any meaning as to why he is missing from the caricature?

0 ( +1 / -1 )

This time Merkel isn't looking down at an immature sassybrat and TrumpChump isn't tossing Starbursts onto a table like a hissy-fit baby. And in the UK things are better too. joe didn't need a baby balloon to greet him and he didn't talk lustful trash about Princess Di either. Joe has more class. America is looking good again.

1 ( +3 / -2 )

There're six masked heads of states in the picture far above. What's happened to Italian Prime Minister?

Maybe ask the far right conspiracy theorists, pushing Italygate.

-1 ( +1 / -2 )

A swamp group photo. Every single one of them should go.

-3 ( +2 / -5 )

This time Merkel isn't looking down at an immature sassybrat and TrumpChump isn't tossing Starbursts onto a table like a hissy-fit baby.

Now she has to deal with a weak President, no wonder Germany is thinking about building up their military.

And in the UK things are better too. joe didn't need a baby balloon to greet him and he didn't talk lustful trash about Princess Di either.

How did Di get into the G7 debate?

Joe has more class. America is looking good again.

How so? How is that helping him? Definitely not helping him with Russia and China

-5 ( +1 / -6 )

all to demonstrate that international cooperation is back after the upheavals caused by the pandemic and the unpredictability of former U.S. President Donald Trump.

"Unpredictable" meaning not being used as an ATM doormat? The way Trump is still living rent-free in these journalists heads you would think he was the only member of an international organization that ever wanted the best outcomes for his own people.

-5 ( +0 / -5 )

Now she has to deal with a weak President, no wonder Germany is thinking about building up their military.

That sentence would have been on point 3 years ago. Germany actually started raising its defense budget under president Trump.

1 ( +1 / -0 )

Again, so refreshing to see that the former President still lives on in the hearts and minds (and especially heads) of so many people. Do you really miss him that much?

As for the current crop at the G7, the less said the better. Pres. Biden couldn't even have a short spontaneous press conference without stumbling, fumbling, and being controlled like an aging puppet on a string. Didn't know the difference between Libya and Syria, needed a list provided by his handlers to call on 'safe' reporters with pre-screened questions, led by the hand by his wife.... feel sorry for him TBH.

-4 ( +0 / -4 )

The language on China in the G7 leaders' communique from the meeting was more muted than the United States has used, but Biden said he was satisfied. On China's economic behavior, the group said it would "consult on collective approaches to challenging non-market policies and practices which undermine the fair and transparent operation of the global economy.”

The leaders also said they would promote their values by calling on China to respect human rights and fundamental freedoms in Xinjiang, where Beijing is accused of committing serious human rights abuses against the Uyghur minority, and in the semi-autonomous city of Hong Kong.

7 of the most powerful countries and they cannot even say "genocide" to China. How is it that there is genocide going on but G7 calls on China to "respect human rights?" You all don't find this weak?

0 ( +0 / -0 )

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