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Added on the 10/07/2021 12:22:47 - Copyright : Euronews EN
Venice, Jul 9 (EFE) .- (Camera: Álvaro Padilla) The French Minister of Economy, Bruno Le Maire, said on Friday in Venice that he will ask the finance ministers and governors of the G20 central banks to agree on a global minimum tax for companies bigger than 15%.FOOTAGE OF THE ARRIVAL AT THE G20 MEETING OF THE FRENCH MINISTER OF FINANCE, BRUNO LE MAIRE.SOUNDBITESTRANSLATION "France accepted that the minimum corporate tax was at least 15% in the final G7 declaration. We want this minimum corporate tax rate to be higher than 15%, that will be the position that I will defend here today."
"We’re working with G20 nations to agree to a global minimum corporate tax rate that can stop the race to the bottom," says US Treasury Secretary Janet Yellen in remarks to the Chicago Council of Global Affairs think tank. SOUNDBITE
These are the Bermuda offices of Appleby law firm, a company specializing in legal finance which was implicated in helping corporate giants like Apple avoid paying taxes overseas following the leak of the so-called 'Paradise Papers.' The 'Paradise Papers' reveal that Appelby helped tech giant Apple avoid paying billions in taxes by setting up a legal entity on the Channel Island of Jersey in a secret arrangement to find ways to avoid paying corporate tax.
UN climate chief Simon Stiell warns that global warming will "decimate G20 economies" without unity. "Sidelining climate isn’t a solution to a crisis that will decimate every G20 economy and has already started to hurt," he says during his address at the UK think tank Chatham House, London, UK. SOUNDBITE
A day after 91 people were arrested for trespassing, French police are checking vehicles at the entrance to Rungis wholesale food market, a vital distribution hub for the capital region's 12 million people. French farmers' anger continues unabated, and the crisis is taking centre stage at a European summit to be attended by French President Emmanuel Macron. IMAGES
Following stellar results in North America and beyond in 2023, GMC today confirmed the brand’s global expansion into three new international markets.Customers in Australia, New Zealand and China will soon join the GMC family with the brand set to launch the Yukon full-size SUV in these high-growth markets. China sales are expected to begin in 2024, with Australia and New Zealand following in 2025. This announcement follows the launch of GMC in South Korea in 2023 with the GMC Sierra LD pickup truck, pioneering the premium pickup market in the country.These new markets will bolster the brand’s established operations in the U.S., Mexico, Canada and Middle East, and reflects GMC’s incredible momentum and appeal on a global scale.GMC finished 2023 in the U.S. with an increase in retail sales calendar-year-to-date (6.5%), resulting in the best overall sales performance since 2017. A key enabler to this success was the Sierra LD and HD nameplates, achieving their best combined year of sales on record and sixth consecutive year of segment share growth. Additionally, production of the HUMMER EV Pickup and SUV continues to ramp up as excitement and enthusiasm remain high for the all-electric supertruck, which saw retail sales double from 2022 to 2023.The brand also sold the highest annual volume of both Denali (34%) and AT4 (19%) trims ever, driving record average transaction prices for GMC. In 2024, both trims celebrate milestone anniversaries with the 25th year of Denali, and AT4 marking its fifth year in the GMC lineup.
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