G7 Summit Agree on Minimum Corporation Tax

In an attempt to crack down on tax havens. The G7 leaders agreed on setting international minimum levels for corporation tax.

“Together we can use a global minimum tax to make sure the global economy thrives based on a more level playing field in the taxation of multinational corporations, and spurs innovation, growth, and prosperity,” Treasury Secretary Janet Yellen  said.

In the U.S. Biden is pushing to raise corporation tax from 21% to 28%.

Read More: Fox News

G7 Summit: UK PM “Build Back Better” in a “More Gender-Neutral, Feminine Way”

In a speech at the G7 summit, Prime Minister Boris Johnson urged world leader s to “Build Back Better”, as the world rebuilds after the pandemic. He also called for a “more gender-neutral, feminine way”. The PM also said this was a time to come together to deal with issues surrounding climate change.

[W]hat the people of our countries now want us to focus on [is] beating the pandemic together, and discussing how we’ll never have a repeat of what we’ve seen, but also that we’re building back better together, and building back greener, and building back fairer, and building back more equal, and… in a more gender-neutral, and perhaps a more feminine way,” said Johnson.

Read More: Breitbart

China’s Secret Nuclear Reactors

Chinese is building two nuclear reactors which are attracting some attention. The mysterious reactors are of a type called China Fast Reactor 600 (CFR-600). These reactors are known as breeder reactors, as they create more fuel than the use.

In the nuclear fission process of these reactors, plutonium and depleted Uranium is produced. It is thought that China is using these reactors to accelerated their nuclear weapons program. It is projected that by 2030 China could have as many nuclear warheads as the U.S., in their arsenal.

Read More: Popular Mechanics

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