South Africa throws away 2 million doses of COVID-19 vaccine due to contamination incident. Photo: Reuters According to RT (Russia) news agency (Russia), the South African Health Products Administration (SAHPRA) has decided not to deploy vaccination for 2 million doses of Johnson & Johnson vaccine being stored at a facility in the city of Gqeberha. , as the raw materials for their production were affected by a contamination incident at the factory in Baltimore (USA). The decision comes after the US Food and Drug Administration (FDA) said that millions of doses of vaccine produced at Johnson & Johnson’s Emergent BioSolutions facility in the US city of Baltimore were not suitable for use in the United States. use. “Based on what has been announced by the FDA, batches of vaccines being stored in our Gqeberha have been affected. The batches of these vaccines correspond to about 2 million doses,” South Africa’s Acting Health Minister Mmamoloko Kubayi-Ngubane said on June 13. These doses of the vaccine have not and will not be used to immunize South Africans, she added. SAHPRA chief executive, Dr Boitumelo Semete, also confirmed the batch of vaccines “cannot be widely distributed.” Meanwhile, South Africa’s health watchdog said in a statement that a new batch of about 300,000 doses of Johnson & Johnson’s COVID-19 vaccine has been approved by the FDA and will be shipped to South Africa at a later date. some point. The agency did not disclose the exact date the shipments arrived. However, Mr. Semete acknowledged that the problem with Johnson & Johnson’s vaccine had a significant negative impact on South Africa’s vaccine deployment strategy. As of June 13, South Africa, the country hardest hit by the COVID-19 epidemic in Africa, has recorded about 1.7 million cases of COVID-19 and over 57,000 deaths. However, the country with a population of about 58.5 million people has only injected 183,000 doses of the vaccine to its people, as of June 9, according to the World Health Organization (WHO). South Africa is also one of the countries that is campaigning to give up patents for a COVID-19 vaccine to allow all countries to produce generic versions at low cost. “If we want to save lives and end the pandemic, we need to expand and diversify our production, put medical products into treatment, and fight and stop the pandemic for as many people as possible,” the president said. South Africa Cyril Ramaphosa speaks at a meeting with G7 countries in the UK on June 13.

Alliance against China G7 countries decide on global infrastructure plan

Status: 13.06.2021 6:38 p.m.

At the initiative of US President Joe Biden, the G7 countries agreed on a billion-dollar infrastructure initiative for the emerging countries. It should be an alternative to China’s “New Silk Road”. From Notker Blechner, tagesschau.de It sounds like a kind of “Marshall Plan” for the poorer countries of the world: At the G7 summit in Carbis Bay, the leading western industrialized countries have an infrastructure project entitled “Build Back Better World” (in German: a better world rebuild) decided. Hundreds of billions of dollars are to be invested by the G7 countries in cooperation with the private sector.

The US is the driving force behind the initiative

The project was promoted by US President Joe Biden. It is reminiscent of the billion dollar infrastructure plan adopted in the USA, which Biden promoted under the slogan “Build Back Better”. The aim is to offer poorer countries “transparent high-quality partnerships”, announced Biden at the end of the summit. The global infrastructure project of the G7 states is supposed to be an alternative to the “New Silk Road” with which China is promoting infrastructure projects from Asia to Europe. The People’s Republic has agreed “Belt and Road” projects with around 100 countries, including the construction of new train routes, ports and roads. According to the business information service Refinitiv, around 2,600 projects with a volume of 3.7 trillion dollars have already been launched. Critics accuse Beijing of driving poor countries into a debt trap and into political dependency. With the “Silk Road”, China is pursuing the goal of expanding its geopolitical influence worldwide. A US official called the new G7 alliance against China’s Silk Road a positive alternative vision that “shows our values, our standards and our way of doing business”. It is not about “the countries have to choose between us and China”.

Transparent alternative to the “New Silk Road”?

Chancellor Angela Merkel gave a less ideological justification for the infrastructure plan of the G7 countries. “We have to deal with the fact that China is running quite successfully infrastructure projects,” she admitted. “We can’t just stand by and watch.” The G7 group must show “that we are an important and successful factor in development work in the world”. She emphasized that the project was “not against something, but for something”, namely the expansion of the infrastructure, especially in Africa. The German economy has been demanding for some time that Europe react to China’s “New Silk Road” with its own infrastructure strategy. “If we want to regain spheres of influence in developing countries, it is not enough to criticize China. We have to make better deals,” said Friedolin Strack, head of the International Markets department in the Federation of German Industries (BDI), to the “Handelsblatt”. German companies usually go away empty-handed when it comes to the Silk Road projects.

Trillions of dollars are needed

According to Biden, there is a global need of 40 trillion dollars for the expansion and modernization of the infrastructure. He didn’t give any details. In a preparatory paper for the G7 summit it was said that 1.5 to 2.7 trillion dollars of additional money would be necessary every year for the developing and emerging countries to achieve the sustainable development goals of the United Nations. In fact, many countries in Africa, Asia and Latin America lack modern roads, train lines, bridges and ports, as well as facilities for water supply, sewage and waste treatment. In the opinion of the G7 group, the World Bank and other international financial institutions have proven to be too clumsy when it comes to infrastructure projects. This is why national development banks in particular, such as the German Reconstruction Loan Corporation (KfW) or the US International Development Finance Corporation, are now to develop and implement projects.

Concrete projects only in 2022

It will take a few more months for the G7 countries’ global infrastructure plan to take shape. The first concrete projects are not expected to appear until next year. The new G7 task force for infrastructure projects in developing countries is to make specific proposals in 2022. “I hope that we can present such projects at the next G7 summit,” said Chancellor Merkel. Germany will take over the G7 presidency in 2022.

Shining is like that, but the royal bride also has to be overshadowed by the French First Lady Brigitte Macron. This is a rare occasion for the French President’s wife to appear in front of the media, so her appearance immediately attracted attention. Brigitte Macron surprised when choosing an elegant and graceful beige outfit. The hair is also carefully taken care of to create a perfect appearance. The most special thing is the French President, her 25-year-old husband holds his wife’s hand tightly. Despite the large age difference, Brigitte Macron is always pampered by her husband and shows sweet affection anytime, anywhere, making everyone jealous. The French President and his wife appeared at the reception party on June 11. Having received mixed opinions on appearance and style many times, but the latest appearance of Mrs. Brigitte Macron has received many compliments. The Express page also gave many compliments to the French First Lady when she exuded an elegant, gentle style that skillfully concealed the flaws on her body. Not only at the reception party, but before that, during a meeting with the British Prime Minister and his wife, Brigitte Macron also attracted attention when her husband held hands and showed affection. The French President always beams when walking next to his elderly wife. At the party, the French President and his wife Prince William also had a fun conversation with each other. According to French media, both Princess Kate and Brigitte Macron were very happy when they accidentally chose bright and elegant outfits. The French President always holds his wife’s hand when appearing, making everyone jealous of Brigitte Macron. The French President and his wife chat happily with the Cambridge family. The French first lady also expressed regret when she missed a visit to London with her husband in June 2020 because she had to undergo retinal surgery. And this trip allows her to meet members of the royal family again. Although the age difference is quite large, Brigitte Macron (68 years old) and Princess Kate (39 years old) but both women are said to talk extremely well with each other. Source: Daily Mail, Closermag

After completing the formalities to welcome the First Lady of the United States, she changed into an elegant white Alexander McQueen outfit that costs about 3,000 pounds (nearly 100 million VND). Kate joined the Queen and her mother-in-law Camilla at a community event. In the evening of the same day, Princess Kate and the Queen of England and Prince Charles moved to Eden Project to meet G7 leaders and their wives to attend the reception. The image of Kate is extremely prominent with Jill Biden. The continuous appearance of Princess Kate has made many people comment, she is increasingly a voice in the British royal family. Some experts even commented, Kate will be jealous of Meghan Markle because she is so outstanding. Daniela Elser, a royal correspondent for News AU, says she is on Kate’s side and insists Meghan is trying to “drain” her sister-in-law out of jealousy after Kate’s stellar performance over the weekend. Kate Middleton has achieved what Meghan has always wanted after she had a private meeting with US First Lady Jill Biden on June 11. Princess Kate has combined well with Mrs. Jill Biden from the outfit to the action. Princess Kate appeared very special with the First Lady of the US President. She is extremely elegant with her grandmother and mother-in-law. Do Quyen (th)

A Taiwanese fighter jet closely follows a Chinese bomber over the Taiwan Strait in February 2021 (Image: SCMP) According to Taiwan, these military aircraft include many fighter jets and bombers capable of dropping atomic bombs. This is considered the largest airspace crossing of China that Taiwan has recorded so far. Although there has been no comment from Beijing, according to Reuters, this information comes after G7 leaders issued a joint statement last Sunday in which they criticized China for a series of issue, emphasizing the importance of peace and stability in the Taiwan Strait. Beijing later condemned the joint statement as “defamation”. Over the past several months, Taiwan has continuously released information about a series of incidents of Chinese air force entering its airspace, mainly concentrated in the southwest area of ​​the air defense identification zone. The most recent incident involved 14 J-16s, six J-11s, and four nuclear-capable H-6 bombers, along with anti-submarine and electronic warfare aircraft. and early warning; according to the Taiwan Defense Agency. The incident has just been reported to be the largest-scale incident since Taiwanese authorities began publicly reporting violations of their ADIZ since last year, breaking the previous record of 25 Chinese aircraft. entered Taiwanese airspace on April 12. Taiwan’s Defense Ministry added that its fighter jets were deployed to intercept and repel the Chinese aircraft, while missile systems were deployed at the ready. The Chinese Ministry of National Defense has not yet commented on this information. China has previously asserted that such missions are necessary to protect the country’s sovereignty and deal with “collusion” between Taipei and Washington. The United States, like most countries that do not have formal diplomatic relations with Taiwan, keeps a close eye on events that raise tensions with Beijing.

G7 agreement Who will benefit from the global minimum tax?

As of: 06/09/2021 8:49 a.m.

The G7 agreement on a minimum tax is celebrated as an epoch-making one. But there are still many hurdles waiting for it to come into effect. There are reservations, especially in countries that make a living from their reputation as tax havens. By Klaus-Rainer Jackisch, MR Luxury yachts lie in the port of Nassau, sun-hungry people loll on the beaches and people know how to celebrate at the colorful Junkanoo, the national carnival: The Bahamas comprises 700 islands on the edge of the Caribbean. For many, they are a little paradise – also in tax matters. Since the island nation became independent in 1973, the country has lived on luxury, tourism and customs duties – and on its reputation as a tax haven. There is no income or corporation tax here, and tax evasion is not a criminal offense. That could soon be over. The Bahamas are also one of the 139 countries that have committed themselves to the so-called BEPS project under the umbrella of the OECD. BEPS (Base Erosion and Profit Shifting) wants to combat tax evasion and prevent the relocation of profits by multinational corporations abroad. The project is, so to speak, the backbone for the global minimum tax, the implementation of which received a strong boost last weekend: There the finance ministers of the seven leading western industrial countries agreed (G7) for the introduction of such a tax. It should be at least 15 percent worldwide and thus prevent tax dumping in many countries. At the same time, companies should in future not only be taxable where they are based – but everywhere they sell their goods or services.

G20 summit as the next hurdle

The agreement is intended to end the practice that companies like Amazon, Facebook or Google are making billions in profits worldwide, but are looking for and finding so many loopholes when paying taxes that in the end only peanuts remain for the tax authorities. Federal Finance Minister Olaf Scholz spoke of a “tax revolution” after the ministerial round in London. The British department head Rishi Sunak called the agreement “historic”, US Treasury Secretary Janet Yellen underlined it as an “unprecedented step”. When, after the finance ministers, the heads of state and government of the G7 countries meet at the end of the week in St. Ives in Cornwall, England, the decision should only be a matter of form. But the plan is far from being dry. In July, the finance ministers of the 20 most important industrialized and emerging countries (G20) meet in Venice, where they are supposed to approve the agreement. That should be much more difficult. While Europeans (Germans, French, British and Italians), Americans, Canadians and Japanese have similar interests in the G7 body, preferences in the G20, which includes China, Brazil and Russia, are less homogeneous. It is unclear whether they will come to an agreement in the end. Finally, all 139 BEPS states under the OECD umbrella would have to agree to the proposal.

Ireland fears revenue shortfalls

In order for the supposedly epoch-making work to really come into force, many interests have to be brought under one roof. Especially in smaller countries, the project is not only a source of joy: In Ireland, for example, where companies only pay 12.5 percent tax, which is why Apple and Google particularly like to romp around here, there are fears of large revenue losses. The minimum rate of 15 percent could theoretically flush more money into the coffers. But it is questionable whether the tech giants will continue to settle on the green island. Ireland’s finance minister, Paschal Donohoe, does not count on it and expects annual losses of up to 2.4 billion euros for his country: “Ireland could lose up to a fifth of its total corporate tax income,” he said in Dublin. There are worried looks in Switzerland too. Around 100 large companies have their headquarters here, because some cantons only charge around ten percent corporate tax after all discounts have been deducted. It is particularly cheap for companies in the cantons of Appenzell and Zug. In the capital, Bern, the opinion is that small countries in particular, which do not have the advantages of a large domestic market, can also score points in international competition with other advantages: low taxes are right at the top of the list, like a good infrastructure and a High standard of living. Before the G20 meeting, Switzerland wants to fight for every percentage point.

“German tax authorities do not gain much”

While small states in particular are already anticipating the worst, the US should be the big winner. Not only because most large companies are based here. But also because the complicated project plays into the hands of the big countries. Because even after a minimum taxation of 15 percent, no country is obliged to apply this rate. Ireland could stay at 12.5 percent. However, the mother country of the company can then collect an additional 15 percent difference. In the case of the numerous US companies, this additional levy then flows into the states. “Regardless of where a company is based and where it has subsidiaries, it always pays at least this minimum tax rate,” says the financial scientist Dominika Langenmayr from the Catholic University of Eichstätt-Ingolstadt. But that also means that more taxes are paid “above all in the USA, not in Germany,” said the economist. Clemens Fuest, President of the Ifo Institute, also sees it this way: “The German tax authorities will not gain much from the minimum taxation,” he told the “Augsburger Allgemeine”. His institute calculated that Germany would lose around 5.7 billion euros annually by shifting profits. But the minimum tax project should only allow “less than two billion a year” to flow into Germany, according to Fuest.

It depends on the details

Such an agreement also has other consequences for the export nation Germany: The car manufacturers, for example, sell a growing proportion of their products in China and the USA, but currently pay their taxes mainly in Germany. “If taxation rights are shifted to the sales countries in the future, Germany could lose tax revenues,” said Fuest. In the end, it depends on how the reform is designed. The last word has not yet been spoken and many a compromise is likely to come out. It is therefore questionable whether the EU will actually earn 50 billion euros more annually as a result of the reform, as Brussels loudly proclaims. This also explains why the multilateral corporations that the set of rules is supposed to meet are currently rather relaxed. The G7 agreement is “a welcome step” that will help stabilize the international tax system, a spokesman for the online shipping giant Amazon told the US news portal “Businessinsider”.

Will Amazon be spared?

The Amazon case in particular raises the question of whether the reform will actually be as effective as it has been described. The small print of the agreement also states that the reform should only affect the very large companies that have a profit margin of at least ten percent. However, Amazon only gives its overall margin of three percent and should get away with a final agreement on this rate largely unscathed – unless you tax the more lucrative business areas separately. However, this raises questions of tax justice and could trigger even more bureaucracy. It is also criticized that the minimum tax rate of 15 percent is much too low anyway. The British development organization Oxfam fears that this would lower the overall tax level worldwide rather than increase it. In any case, it is “absurd” that the G7 wanted to reform the tax system by “setting up a worldwide minimum tax that is similar to the low tax rates in tax havens such as Ireland, Switzerland or Singapore,” says Managing Director Gabriela Bucher. Meanwhile, the potential losers will do everything possible not to lose their advantage entirely. Until the rules come into force, many a yacht will moor in Bermuda’s capital Nassau. Because there are no high taxes in the island paradise (yet).

The G7 summit in Cornwall The heads of state and government of the seven leading industrialized countries (G7) will meet from June 11th to 13th in Cornwall, southwest England. For the first time in two years, they will meet again in person in the afternoon. In addition to climate change, the conference will also focus on trade issues and investments as well as the fight against the corona pandemic. In addition, the meeting will focus on the positioning towards Russia and China.
The G7 group includes the USA, Germany, Great Britain, Canada, France, Italy and Japan. Like-minded democratic states such as South Korea, South Africa, Australia and India are invited to the summit as guests.

Speaking at a regular press conference on the afternoon of June 15, Chinese Foreign Ministry spokesman Zhao Lijian affirmed that the comprehensive strategic cooperative partnership between China and Russia in the new era is the relationship between China and Russia. comprehensive, regardless of any changes. Cooperation between the two parties has no limits. He also stressed that any attempt to sabotage Sino-Russian relations would be doomed to failure. Chinese Foreign Ministry spokesman Zhao Lijian. (Photo: Reuters) The Chinese side’s statement came after Russian President Putin’s speech to the US media, affirming satisfaction at Russia-China relations “reaching an unprecedented height”, as well as appreciation for the fact that the two sides have reached an unprecedented height. The party maintains a high level of trust and cooperation in the fields of politics, economics, science and technology, military technology, etc., while recognizing that the Russia-US relationship is currently at a low level. the most in many years. In the words of a Chinese foreign ministry spokesman, Beijing and Moscow are “really united as mountains, the friendship is unbreakable”. The two countries have overcome the challenge of unexpected changes in the international situation and established a model model of a new type of relationship between great powers. Mr. Trieu Lap Kien said that in just 1 month, the two countries will celebrate the 20th anniversary of the signing of the “Treaty of friendship and cooperation between China and Russia”. This is an event of special significance in the relations between the two countries and will promote Sino-Russian cooperation on a higher starting point, broader scope and deeper level. He emphasized: “Real gold is not afraid of fire, we also advise those who are looking for ways to divide China-Russia relations that any attempt to destroy Sino-Russian relations will not be realized. . Hopefully these people won’t go too far down the road of zero-sum games and group political confrontation.” Immediately before these statements of the Chinese side, the G7 and NATO Summit simultaneously issued statements criticizing China and for the first time naming Beijing as a security threat and a serious challenge. system. Recently, Russian Ambassador to China Andrey Denisov, when responding to Chinese media, once affirmed that “it will not happen” that Russia separates from China and approaches the US when the Biden administration applies the strategy ” somewhat soften relations with Russia” to focus on dealing with China, according to him, “this view is too short-sighted”.

The South Korean government will come up with a plan to support vaccines for North Korea after comprehensively reviewing the domestic vaccine supply situation and the consensus of the people. Illustration. Earlier, at a press conference on the sidelines of the G7 Summit, South Korean President Moon Jae-in expressed that he will expedite the supply of vaccines to North Korea, emphasizing that South Korea will become a “global vaccine production center”. , contributing to the fight against Covid-19. According to President Moon Jae-in, the Covid-19 vaccine needs to be distributed fairly to low-income countries so that the whole world can escape the Covid-19 pandemic. As South Korea plays the role of a global vaccine production hub, North Korea is of course also subject to cooperation. If North Korea agrees, Seoul will actively promote cooperation in providing vaccines to Pyongyang. President Moon Jae-in said the United States also supports humanitarian assistance to North Korea.

What’s after these two great events? G7 leaders on their way to a party attended by Queen Elizabeth II on the afternoon of June 11. (Source: New York Times) Back to the top First, both show President Joe Biden’s effort to bring America “back”. A key message of the G7 Summit in Cornwall is “rebuilding the world for the better”. It’s not hard to see that this slogan was inspired by Joe Biden’s presidential campaign theme – “rebuilding America for the better”. But not only inspiring, Washington also plays a pioneering role in proposing and implementing initiatives at the G7 Summit. It is a commitment to contribute 500 million doses of the Covid-19 vaccine Pfizer/bioNTech without any strings attached, the promise of patent suspension with the Covid-19 vaccine to lead the world through the pandemic. . In addition, the G7’s criticism of China’s “human rights violations” in Xinjiang was proposed by President Joe Biden during the second discussion session on June 12. The assessment of Beijing as a “rival” or a “systemic challenge” has appeared many times in Washington’s foreign policy documents over the past time. Allegations of trade fraud and China’s role in the Covid-19 pandemic have also been frequently mentioned under the administration of President Joe Biden. Similar is the story with Russia. Building a “stable and predictable” relationship with Russia is what Joe Biden mentioned in the article above. The Washington Post June 5, before the trip to Europe. The G7 urges Russia to verify, prevent and handle individuals and organizations conducting cyberattacks can be seen as a US call to find the perpetrators behind the cyber attack on the Colonial Pipeline oil pipeline. country in early May. The content on efforts to combat climate change, promote gender equality and human rights also reflects the more comprehensive interest of the US under Joe Biden than his predecessor. Therefore, the appearance of these contents in the joint statement of G7 and NATO can be considered as a clear proof of the return of the US in the international arena. US President Joe Biden at a press conference after the G7 Summit in Cornwall, England on June 13. (Source: AP) More importantly, Washington is well aware of the importance of multilateralism in realizing its vision in an increasingly volatile world. Joe Biden’s approach is clearly different from his predecessor Donald Trump when he actively builds relationships with partners and allies from Asia to Europe, taking advantage of the network of relationships to implement policy. . Not so, the leaders of these countries are full of praise for the White House boss. The host country’s Prime Minister Boris Johnson called Biden “a breath of fresh air”, German Chancellor Angela Merkel saw him as the embodiment of multilateralism, and French President Emmanuel Macron chatted on the shores of the Gulf of Carbis. with his American counterpart in English, repeatedly emphasizing “America is back!”. On the sidelines of the NATO Summit, despite the divergent stance on Turkey’s purchase of the S-400 missile system and the US recognition of the so-called “Armenian genocide”, President Tayyip Erdogan still evaluated the meeting with his counterpart. US level Joe Biden is “sincere and effective”. “There is no problem that cannot be solved in Turkish-American relations,” he stressed. Russia-China shadow Another highlight of this year’s G7 and NATO summits lies in the dense presence of Russia and China in discussions and joint statements, although these two countries are not represented. There is much talk in the international media about China being seen by NATO as a “systemic challenge”. G7 leaders also expressed concern about Beijing’s trade policies, the situation in the East Sea, East China Sea, and Taiwan Strait, even the “Green Network” infrastructure plan worth 40,000 billion VND. USD to counterbalance China’s Belt and Road Initiative. However, both NATO and the G7 are optimistic about the prospect of cooperation with China in areas of mutual interest such as combating climate change and improving biodiversity. Words about Beijing’s behavior are also used with caution, avoiding excessive provocation. More importantly, Russia, not China, is the country most mentioned in the final text. “China” appears 4 and 10 times in the two joint statements of G7 and NATO, respectively, while this number of “Russia” is 7 and 61 times, respectively. The wording used to refer to Russia is also much harsher than that of China. The G7 demanded that Moscow stop its “sabotage and destabilization… interference in the democratic process” or cyberattacks, and promote the peace process in Eastern Ukraine as a party to the conflict. Meanwhile, NATO’s joint statement on June 14 went further, accusing Russia of “destructive and illegal” acts in the territory of member states, making statements about weapons. nuclear “aggressively and irresponsibly” or “fuel the fire” in the East Ukraine conflict. The highlight of the NATO Summit also lies in the dense presence of Russia and China in discussions and joint statements. (Source: Wikipedia) The divisions The final highlight is the deepening division between the UK and the European Union (EU). During the G7 discussion session on June 12, the differences between the UK and Europe on how to approach China were more or less revealed. Accordingly, President Joe Biden called on the bloc to criticize and respond to China’s policies in Xinjiang. While British Prime Minister Boris Johnson, Canadian Prime Minister Justin Trudeau and French President Emmanuel Macron responded to this proposal, German Chancellor Angela Merkel, Italian Prime Minister Mario Draghi and EU leaders emphasized the prospect of cooperation in a number of fields with China. Disagreements between the parties were so sensitive that the Internet connection to the meeting room was cut off to secure information. Differences in interests between the UK and Europe once again “exploded” during the meeting between Prime Minister Boris Johnson with his German counterpart Angela Merkel and French President Emmanuel Macron. The Elysee power owner angered the host leader by declaring Northern Ireland is not part of Britain and that Franco-British relations will only “reboot” if the British approve the EU request. Chancellor Angela Merkel did not even react to Mr Johnson’s elbow salute. Russia, not China, is the country most mentioned in the final text. “China” appears 4 and 10 times in the two joint statements of G& and NATO, respectively, while this number of “Russia” is 7 and 61 times, respectively. European Council President Charles Michel and European Commission President Ursula von der Leyen stressed that the EU had “absolutely agreed” on Brexit and that the parties needed to abide by what was agreed. At the moment, there is no sign that the UK-EU split will be resolved anytime soon. Finally, it can be seen that the G7 Summit and NATO Summit have shown clear views on a number of hot issues such as relations with Russia and China, finding solutions for global economic growth and challenges. non-traditional security with ambitious commitments. However, how to implement these commitments, how to realize the vision of “rebuilding the world for the better”, will not be an easy task for G7 members and NATO.

Photo: Reuters Specifically, when asked about the possibility of Amazon and Facebook being affected by the new proposal, Ms. Yellen said: “It will include companies with large profits and those companies mentioned above, I believe, will be in the bottom line. among affected companies by almost any definition.” Photo: Reuters A joint agreement by the G7 finance ministers recently said it would solve the tax avoidance problem of “the largest and most profitable multinational enterprises”. Reuters says Amazon has a lower profit margin than most other tech giants, and European countries are concerned that Amazon could avoid additional taxes with the US’s initial proposals to the G7. Photo: Forbes For its part, Facebook is open to the changes the G7 team is discussing. The largest social network on the planet also accepts the fact that it may pay more taxes in many countries, Nick Clegg, Facebook’s global affairs director, told Reuters . Photo: Variety “Facebook has long called for a global tax overhaul and welcomes the significant changes introduced by the G7,” Clegg said on Twitter. “Today’s agreement is an important first step toward certainty for business and improving public confidence in the world tax system.”

Thermal power plants Vinh Tan 4 using the most modern environmental treatment technology equipment today from Japan, Korea, G7 … so the environmental parameters of exhaust gas and wastewater output are much lower than the Standards and Regulations. National and international standards, transmitted to Binh Thuan Department of Natural Resources and Environment 24/24 for inspection and supervision, and were also highly appreciated by the National Assembly’s Committee for Science, Technology and Environment. High pressure fogging vehicle and dust suppression system operate continuously to keep the air environment fresh, and periodically the factory hires an independent environmental monitoring unit to monitor in residential areas of Vinh Phuc village. Factory side to ensure dust and noise indicators within allowable limits. The factory’s environmental incident response team is regularly trained, rehearsed, ready to handle if an environmental incident occurs. Coming to Vinh Tan 4, you will admire the “beauty” of the factory through the colorful flowers racing to bloom, the garden of the plant. EVN – Green Tuy Phong district is an ideal place for young people to “check in”. Across from the coal import port is the aquaculture area of ​​the people with clear blue sea surface and many coral species living along the breakwaters of Vinh Tan Power Center. Vinh Tan 4 is always welcome, come once!

US President Joe Biden and Russian President Vladimir Putin. Photo: RT President Joe Biden arrived in the UK on Wednesday, June 9, ahead of a meeting with Prime Minister Boris Johnson on Thursday and the start of the G7 summit on Friday. His schedule in the coming days is quite busy. From the G7 in Cornwall (UK), Mr. Biden will travel to Brussels (Belgium) to attend the NATO summit, then to Switzerland to meet his Russian counterpart on June 16. Speaking Wednesday to US forces in Suffolk (UK), Mr Biden strongly announced he would meet with President Putin to “tell him what I want him to know”. Mr Biden’s tough statement received a standing ovation from the troops attending the event, and was described by many commentators as a “warning”. Mr Biden later said he wanted a “stable, predictable” relationship with Russia, built on the “responsibility” shouldered by both powers. “But I have made it clear that the United States will respond strongly if the Russian government engages in harmful activities,” Biden added. “I will inform him that if Russia violates the sovereignty of democracies, in America, Europe and elsewhere, they will have to bear the consequences.” Nearly three years after American commentators criticized former President Donald Trump for being too soft on Putin during a meeting in Helsinki (Finland), lawmakers from both parties expect Biden to take a tough stance. stronger in the next meeting. Biden has previously declared that Putin is a “murderer” and promised during the campaign that he would make Putin “pay” for alleged election interference. Meanwhile, Mr Putin described Mr Biden as “an experienced and careful man” who has devoted his life to politics. The Russian President hopes that these qualities of his American counterpart will have a positive impact on the upcoming negotiations. But Putin also said that Moscow “does not expect any breakthrough in Russian-American relations”. Although Biden’s allies often portray the president as being tough on Putin, in reality, Biden still gave his Russian counterpart a huge opportunity after taking office, by wading orders. sanctions on the Nord Stream 2 pipeline, facilitating the completion of the project connecting Russian natural gas fields with European consumers. Former President Donald Trump, despite his “soft” accusations against Russia, has stalled the project for more than a year with sanctions.

In the Declaration, Member States signed a commitment to “provide a safe and appropriate environment for journalists” and to “investigate, prosecute and punish threats and acts of violence” against to journalists. Marking the first session of UNGASS working in the field of prevention and combating corruption, the Declaration called for effective international cooperation and stronger preventive measures to protect reporting and denouncing parties. and fight against corruption. This statement highlights the role of law enforcement officials, prosecutors and the judiciary as key actors in anti-corruption law enforcement, promoting transparency and the rule of law. The declaration was welcomed by the G7 Ministers and the High Representative of the European Union, who issued a joint statement reaffirming the important role of civil society and the free media in combating corruption. . The G7 affirmed that it will “protect and promote the right of access to information for all citizens, including civil society organisations, media and journalists”. UNESCO contributed to a side event about the importance of protecting journalists and strengthening the implementation of the Sustainable Development Goals (SDGs). As a watchdog monitoring Indicator 16.10.2, SDG 16 on ensuring public access to information and protecting fundamental freedoms, UNESCO has emphasized protecting and promoting the regulated press. investigation as an important part of the fight against corruption. “Investigative journalism and the press in general play an important role in bringing allegations and cases of corruption to light. Therefore, it is extremely important to ensure a safe and free environment. for journalists to assist it in uncovering corruption, money laundering to other organized crime.” – Mr. Guilherme Canela, Head of UNESCO’s Division of Freedom of Expression and Safety of Journalists UNESCO’s designation as a watchdog for SDG Target 16.10.2 has provided a key impetus for the organization to step up efforts to promote public access to information. Based on the monitoring results of SDG 16.10.2, UNESCO plays an important role in strengthening the United Nations’ support for the development of policies and laws on access to information, to protect the right to equal participation. equality as well as providing tools for civil society and the media, informing citizens, enhancing transparency of procurement, budgeting and many other areas of public life. In just four years, UNESCO has assisted 14 countries in passing Access to Information legislation. As a result, the public is informed to participate actively in public debates with decision-makers, including in the development of public policy and legislation. “Access to information allows citizens to obtain information held by public authorities, including the right to request and receive information, and the government’s obligation to proactively disclose information.” – Mr. Jaco du Toit, Head of UNESCO’s Global Access to Information Department Thông The Declaration of the 14th United Nations General Assembly on Crime Prevention and Criminal Justice recognized the uniqueness of the threats facing journalists and called for global cooperation to change the situation. new to end immunity for crimes against journalists. To that effect, since 2013, UNESCO and its partners have trained more than 18,000 judicial authorities and 8,500 security forces on international and regional standards for freedom of expression, to promote promote a freer and safer environment for journalists and media workers around the world. Quynh Hoa According to UNESCO

Emissions from a factory in Scunthorpe, UK. Photo: AFP/VNA The UK’s Emissions Trading Scheme officially became operational two weeks ago, replacing the UK’s participation in the EU’s common system. The UK government has announced that the new CO2 trading scheme will make a significant contribution to achieving the goal of being CO2 neutral by 2050. British Prime Minister Boris Johnson also plans to reduce emissions by 78%. pollutant emissions by 2035 compared to 1990 levels. UK prices start at around £50 ($71) per tonne of CO2, slightly higher than European prices. Meanwhile, the average selling price in the world’s third largest market, California (USA) is about 20 USD/ton. Observers say the supply of CO2 credits is dwindling in the UK to meet the Government’s environmental targets. Therefore, CO2 prices in this market are expected to continue to rise. According to Tim Atkinson, director of sales and brokerage at CF Partners, CO2 trading is one of the cornerstones of climate change policy. He considers this the most important tool to cut emissions in the power sector and heavy industries. For example, the UK has largely phased out the use of coal, largely because CO2 quotas make it too expensive to produce electricity this way. Meanwhile, other tools such as subsidies have fueled the boom of wind farms in the country. The efforts come as the UK, host of the G7 summit this month, is urging the world’s richest nations to facilitate for the “green” global economic recovery after the COVID-19 pandemic. London will also host the United Nations climate summit (COP26) in Glasgow in November.

Icons of Google, Amazon, Facebook and Apple on mobile phones. Photo: VNA Washington has proposed a global minimum corporate tax rate of 15%, lower than that proposed by the Group of Top Industrialized Countries (G7), but higher than some other countries such as Ireland. But the UK is still concerned that this plan does not go far enough to tax giant technology corporations such as Amazon, Google and Facebook. In a recent statement, Mr. Sunak emphasized the importance of fair taxation for technology corporations and called on the US and G7 countries to discuss this issue next week. The meeting of G7 finance ministers is expected to take place from June 4-5. According to Mr. Sunak, companies like Facebook also want to solve this problem, which can bring certainty and stability to them. Besides, Mr. Sunak also mentioned that the UK is considering a separate online sales tax, when large multinational corporations, especially digital corporations, do not pay taxes in the right places, right place and this is not fair. In 2015, member countries of the Organization for Economic Cooperation and Development (OECD) agreed in principle to a plan to prevent multinational corporations from evading taxes by moving their headquarters to countries with low tax rates. . Despite years of negotiations, progress has been insignificant. However, discussions have been revived with the recent proposal of US President Joe Biden. Recently, the US government has proposed to the OECD a tax rate of at least 15% for multinational corporations. This is the first time the US has officially proposed a global minimum tax rate. France and Germany have voiced their support for the US proposal for a global minimum corporate tax rate of 15%, and expressed hope for an early breakthrough in negotiations on this issue.

On May 21, G7 pledged to completely stop funding coal-fired power plants. On May 21, environment ministers from the Group of Top Industrialized Countries (G7) agreed to take concrete steps by the end of the year to stop government funding for coal-fired power plants as part of efforts to curb global warming. In a statement after the two-day video conference, the G7 environment ministers said: “(We) are committed to taking concrete steps towards an absolute end to the new direct government assistance. for international coal-fired power generation by the end of 2021, including through Official Development Assistance (ODA), export finance, investment, financial support and trade promotion” . However, the statement did not mention the possibility of phasing out coal-fired power generation, leading analysts to believe that the G7’s call would have little impact on global efforts to tackle the problem. climate change issue. The removal of government support for fossil fuel financing, which emits large amounts of greenhouse gases that warm the Earth, is seen as essential to limiting the growth of fossil fuels. global temperature increase at 1.5 degrees Celsius, above pre-industrial levels. (according to Kyodo)

Facial recognition technology. Photo: https://towardsdatascience.com/ According to the Vietnam News Agency correspondent in Ottawa, in a recent speech to the Canadian House of Representatives, Daniel Therrien, Canada’s Privacy Commissioner, said that bill C-11 is not enough to protect people from identity technology. face and need to include “significant modifications”. This measure proposes to amend private sector privacy laws. Regarding facial recognition technology, Mr. Therrien mentioned US technology company Clearview AI. In February 2021, Daniel Therrien’s office, along with three provincial privacy commissioners, concluded that Clearview AI violated Canadian privacy laws by providing facial recognition software. for the police. What’s interesting is that Clearview AI’s (New York-based) software works by comparing photos with a massive stockpile of billions of photos the company has amassed, collected from various sources. popular social media sites without the consent of individuals. “While we found that Clearview’s practices violated Canadian privacy laws, the company refused to follow our recommendations, such as removing photos of Canadians,” said Mr Therrien. Meanwhile, the new administrative penalty regime in C-11 is not applied to such violations of the law. Therrien noted that the Office of the Privacy Commissioner of Canada is investigating whether online website Pornhub and its parent company MindGeek (based in Montreal) violated Canadians’ privacy rights. MindGeek is accused of regularly sharing videos of child pornography and sexual assault, as well as content that was filmed/or posted without the subject’s consent. Within the framework of the bill, for the most serious violations, fines could be up to 5% of revenue or CAD 25 million (whichever is greater). These measures have been assessed by Canada’s Department of Innovation, Science and Economic Development as the strongest penalty framework among the world’s Group of Seven (G7) privacy laws. Therrien recommends that when there is a conflict between commercial goals and protecting privacy, the privacy of Canadians should take precedence.

Medical staff treat COVID-19 patients at a hospital in Riga, Latvia. Photo: THX/VNA The report also highlights the importance of “overhauling” the global alarm system to prevent a similar disaster from happening again. Report “COVID-19: Making it the Last Pandemic” produced by the Independent Committee on COVID-19 Pandemic Preparedness and Response (IPPR) at the request of World Health Organization member countries. world (WHO). As policymakers make a series of ineffective decisions, the report says, adding to the scale and severity of the COVID-19 pandemic. As a result, the pandemic has killed at least 3.3 million people so far, while the global economy has been devastated. According to the IPPR, institutions “failed to protect the people” while leaders denying scientific data has eroded public confidence in health interventions. The lack of urgency in the early response to the COVID-19 outbreak detected in Wuhan, China in December 2019 led to unfortunate consequences, when February 2020 became the “lost month”. cool” seriously in the context that the alarm situation has not been paid enough attention by countries. IPPR also said that WHO could have declared a global public health emergency (PHEIC), the highest alert level, on January 22, 2020. Instead, it took the organization eight days to do this. Then, only in March 2020 after WHO recognized COVID-19 as a pandemic, did countries realize the danger of the situation and really “get involved”. Ineffective strategic choices, unwillingness to address inequality issues, and “disparity” in coordination within a country or between countries have created a “toxic formula” that creates favorable conditions. for the COVID-19 pandemic to turn into “a catastrophic human crisis”. The threat of a pandemic has been ignored and countries are struggling to deal with its consequences. In order to reverse the current pandemic, IPPR recommends that the world’s richest countries from now until September 1 share 1 billion doses of vaccine to the 92 poorest countries through a mechanism of equitable access to COVID-19 vaccines called COVID-19 vaccine. WHO-initiated COVAX and more than 2 billion doses of vaccine by mid-2022. IPPR calls on the world’s leading industrialized countries (G7) to pay 60% of the $19 billion needed to fund vaccine development, development diagnostic and therapeutic approaches through the WHO-led “Accelerated Access to COVID-19 Response Tools” global collaboration to distribute COVID-19 vaccines and therapeutics to countries poorer. Health workers give people a COVID-19 vaccine in Essen, Germany. Photo: THX/VNA According to the committee, the group of the world’s leading developed and emerging economies (G20) and others need to support the rest. The WHO and the World Trade Organization (WTO) themselves also need to encourage countries and vaccine manufacturers to voluntarily agree to license and transfer technology to produce vaccines against COVID-19. To address future outbreaks and pandemics, the IPPR calls for the creation of a Global Health Threat Response Council made up of world leaders, as well as a convention on pandemics. Translate. The G20 should also set up an international pandemic response financing mechanism, whereby $5-10 billion can be spent per year on ensuring epidemic preparedness capacity, as well as ensuring readiness to mobilize $50 billion to $100 billion in the event of a crisis. Speaking at the event to announce the report, WHO Director-General Tedros Gebreyesus said the organization will join 194 members to discuss the above recommendations as well as the opinions of other expert groups, aiming to “construct” Stronger WHO, for a healthier, safer and fairer future for all of us.”

The US President will have his first overseas trip next June. Photo: CNBC On April 24, White House press secretary Jen Psaki announced that President Joe Biden made a trip to emphasize Washington’s commitment to restoring the alliances, restoring transatlantic relations, and merging. Work closely with allies. The announcement comes as President Biden has just concluded a summit on climate change, marking the resumption of efforts related to climate issues by the US. President Biden on April 22 announced it would reduce at least 50% of US emissions by 2030. According to the White House announcement, Mr. Biden will attend the Summit of the Group of 7 leading developed industries in the world (G7) in Cornwall (UK) from June 11-13, where he will have meetings. bilateral meetings with leaders of G7 countries, including British Prime Minister Boris Johnson. “President Joe Biden will work to“ advance major US policy priorities on public health, economic recovery and climate change, while demonstrating solidarity and sharing value among major democracies ”, the White House statement said. After that, the US leader will travel to Brussels to attend the North Atlantic Treaty Organization (NATO) Summit on June 14. Expectedly, one of the topics at the NATO summit could be the escalating tensions between Russia and Ukraine in recent times. In addition, NATO members can discuss the withdrawal of their military forces from Afghanistan.

Mr. Joe Biden will have his first overseas trip as US President in June next. Photo: AFP AFP news agency (France) quoted the White House on April 23, saying that President Biden will come to the UK to attend the summit of the world’s leading industrialized countries (G7). Next, the US leader went to Brussels to attend the meetings of the European Union (EU) and the North Atlantic Treaty Organization (NATO). White House press secretary Jen Psaki stated that Mr. Biden’s first visit would highlight the leader’s commitment to restoring the alliance, revitalizing the transatlantic relationship and acting to align with multilateral allies and partners to solve global challenges, while ensuring American interests. According to AFP, former President Donald Trump has made decisions that affect the relationship between the US and its allies in Europe and Asia. Meanwhile, Mr. Biden has focused on the urgency of rebuilding traditional allies and bringing Washington back to the center of groups like the G7. The White House did not mention whether President Biden would hold a meeting with his Russian counterpart Vladimir Putin on this trip. However, on April 13, the US leader offered to meet directly with President Putin in a third country in the coming months with the aim of reducing bilateral ties. The G7 summit is scheduled to take place June 11-13 in Cornwall, UK. Ms. Psaki said President Biden will “reaffirm his commitment to multilateralism, strengthen U.S. policy priorities on public health, economic recovery, climate change and justify costs. common values, solidarity among the democratic countries ”. The G7 summit is also an opportunity for leaders of member countries to hold bilateral meetings. Regarding the NATO summit on June 14, Ms. Psaki said that the White House boss Biden would “reinforce the US commitment to NATO, transatlantic security and collective security”. In addition, Ms. Psaki emphasized: “NATO leaders will discuss this approach to orient the military bloc against future threats and ensure effective burden sharing”. Ms. Psaki said President Biden also plans to attend the US-EU summit to “emphasize the US commitment to the transatlantic partnership based on the sharing of values ​​and benefits”.

After many years of success in conquering the North American market, passenger car tire brand (passenger car) – PCR – Advenza was born as the crystallization of manufacturing experience, understanding the needs of users and refinement. flower of the most advanced tire making technology.

Advenza PCR tires are passenger car tires, manufactured using the finest technologies of Casumina. Tires are manufactured according to the advanced and modern technological process with the latest generation equipment and machines from G7 countries. Advenza tire products meet the strict standards of markets with developed automobile industry such as Japanese Jis standard, European E4 standard, American DOT standard. In addition to the basic characteristics of a PCR tire product such as safety, economy …, Advenza with a modern and beautiful tread design with a smooth, light and well controlled feel promises to do satisfy the most discerning customers.

Advenza products focus on characteristics according to the needs and conditions of use through grouping of tires:

Milegaa / Traveler: for commercial vehicles, 7-16 seat passenger minibus, truck: light cargo – durable, economical, good load capacity, safe, quiet.

Venturer: for sedans, hatchbacks, … 4-5 seats, MPV multi-purpose cars: safety, speed, smoothness.

Coverer: for large multi-purpose vehicles, sport utility vehicle (SUV, CUV, MPV) – personality, strong, diverse terrain.

Discoverer: for sport pickup trucks (Pickup) – powerful, exploring, conquering.

According to the “connoisseur” people on auto forums, compared to the mid-range segment, Advenza has equivalent quality and attractive price. Compared to the high-end segment, Advenza is weaker in terms of traction performance, wear and tear, but equal in stability, smoothness, and low noise.

With the mission of bringing the most suitable tires and tubes for Vietnamese consumers, Advenza is rated by many experts and consumers as having superior quality in the mid-range price segment.

Advenza Roadshow – for the complete journey

To help customers have the opportunity to experience the superior quality of Advenza products in the most authentic way, Casumina will organize the Advenza Roadshow through 45 provinces across the country from April 2 to May 8 with The starting point is the Casumina Radial factory (Binh Duong) and the journey ends in Hanoi capital.

Specifically, Advenza Roadshow is divided into two phases:

Phase 1, started rolling in Binh Duong since April 2 and entered Ho Chi Minh City with customer gratitude event at distributors. Next, the Advenza delegation went to Long An, Can Tho, Hau Giang, Soc Trang, Ca Mau, Vung Tau … and stopped in Da Nang on April 18 with the Customer Conference held solemnly at Sheraton Grand Danang Resort. on the 45th anniversary of the founding of Casumina (1976 – 2021).

Phase 2, Advenza continued to go to Hue and traveled across the country to Hanoi on May 8. Here, there will be gratitude activities for customers in the North.

Casumina – a reliable companion

The Southern Rubber Industry Company (Casumina) started its business in 1976 from taking over rubber product manufacturing facilities in some small tire factories in Ho Chi Minh City and some Southeast provinces.

Over a long period of time, a milestone marking the strong development of Casumina was 1997, a joint venture with its partners Yokohama and Mitsubishi (Japan) to produce tires for cars and motorcycles. Since then, the Casumina brand began to have a foothold in the market.

In 2006, the Southern Rubber Industry Joint Stock Company with the name Casumina came into operation under the model of a joint stock company with an initial charter capital of VND90 billion.

In 2014, Casumina inaugurated an all-steel Radial tire factory with a capacity of 1 million tires / year.

In 2015, Casumina became the leading tubeless motorcycle tire factory in Vietnam. Charter capital increased by over 740 billion.

In 2020, Casumina with the scale of 5 factories has increased its charter capital to VND 1,036 billion, net revenue reached over VND 4,822 billion – an increase of 10% compared to 2019, the export value reached nearly VND 1,940 billion – an increase of 12% compared to 2019. with 2019. PCR tires have a capacity of 1.2 million tires / year; TBR tires have a capacity of 350,000 tires / year. In addition, Casumina also participates in the BTP rubber supply chain with an output of 2,500 tons / month.

Thanks to these outstanding results, Casumina is in the top 64/75 leading tire manufacturers in the world published by Rubbernews Magazine.

Casumina’s products are now available in 64 provinces across the country. Not only being trusted by domestic customers, Casumina also exports to more than 50 countries around the world, even to “fastidious” markets such as the US, Europe, Russia, Taiwan, Australia …