In a letter sent to the Guardian, the finance ministers of France, Germany, Italy and Spain said a deal on an international tax system was within reach after years of false starts. The Tax Justice Network campaign group estimates that this practice costs countries around the world $427bn a year in lost revenues. Five of the G7 countries have indicated they will back Biden’s proposal, but the UK has yet to do so. Biden outlines plan to share Covid vaccine with worldBiden plans to share 80m doses of the Covid-19 vaccine with other countries. Police crack down on the anniversary of Tiananmen SquarePolice patrol Victoria Park, Hong Kong, on Friday.

Source: The Guardian June 04, 2021 11:26 UTC