tv Frag den Lesch Deutsche Welle June 5, 2021 4:00pm-4:15pm CEST
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me the news . this is the w news live from berlin, g 7 leaders agreed to and global minimum corporate tax rate. germany says the agreement is a strong sign of followed the receipt that will force companies to pay that fair share. but will other countries agree to the sky? also coming out a democracy act is released from a hong kong prism child hung tongue accuses authorities of covering up asians crimes. she was jailed for one night for organizing a vigil on the anniversary of the channels. where i'm my dear,
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it says it suspending twist indefinitely, accusing it of the double standards. this comes off to the messaging platform, removed a post from the countries presidents, but not from protest liter. ah i menu mckennan. thanks so much for joining us. we begin with some breaking news, g 7, finance ministers meeting in london say they've reached a deal on global tax reform. the agreement is designed to close the loophole used by some of the world's biggest companies to avoid paying taxes. germany says it's quote, good news for justice and fiscal solidarity. it would set corporate tax at a minimum of 15 percent, no matter where companies are based. the british finance minister over, she's not made the announcement a short while ago, is what he had say. i think the crucial thing for people to take away is the
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principle of fairness. that's what we've achieved today to ensure that there's a level playing field for all types of companies. and whether it's people operating in tax havens or it's digital companies, we're going to level the playing field and inject that principal offenders into our global tax system. that's the probably more on this than bringing alex called him his chief executive of the tax justice network. alex, thanks so much for joining us. what do you think of the g 7 announcement that there's 2 things to say here. first, this really is a historic moment. you know, they are agreeing to stop the end of the race to the bottom right. this process way by companies are able to capture all of the benefits of their for an investment by getting countries to compete against each other to offer lower and lower tax rate. this is a big deal. but the 2nd thing to say is this. the way the g 7 are going about this with such a low rate,
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it should have been at least 25 percent. but also following the proposal is d c. d . it means that the benefits are much more than they would have been. so $275000000000.00 of additional revenues we calculate and the g 7 will get the majority of that 60 percent, even though the g 7 and the accounts for about 10 percent of the world's population . so it's a big deal, but it's also very unfair, and it shows just how unfit for purpose. the b o, e c, d, and the g 7, not as the, the, the rich countries setting the rules for everyone else. we need to move this to the united nations and get a deal that works for everyone. not just the g 7 looking out for their own recognition. okay. but even if it is only 15 percent, he say this will only work. all countries in the world get on board with it now, is that going to happen? will know, and that's why this is a big deal. actually this doesn't need a global tracy. this can be done as a coalition of the willing. so if the g 7 move ahead with 15 percent or higher,
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the u. s. may stick with 21 percent, for example. and the g 20 countries, the other major economies come with them. that's 80 to 90 percent of the world economy already. now that means that luxemburg will island or the netherland middle cayman may want to object, but they won't be able to. they can offer lower tax rates, but those tax rates will get top it up to at least 15 percent in the countries where the real activity is taking place. that's what makes this very powerful. but it also, again means that it's important, it's fair that the benefits of this on just captured by the g 7, they're shared with, particularly the lower income countries who lose a bigger share of tax revenues to this type of corporate tax abuse. why has it taken so long for a decision like this to be made? that is a great question. and the reason is this, the g 7 countries have all of the power, but they are split about this. on the one hand, they will the revenues just as everyone else does. but on the other hand,
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each of their multinational companies who are mainly responsible for this, the u. k, in particular, has been a major blocker. and if you take the u. k, along with all of its dependent territories. it is the biggest single actor in corporate tax abuse worldwide, you know, putting something like a $160000000000.00 of revenue losses on everyone else. so of course, it's been hard for them to get to this point, but we're him out because everyone needs revenues to respond to the pandemic. and that's again why it's so crucial that we raise that revenues in a way that includes the lower income countries whose public health systems are the most heavily under pressure right now. alex southern from the tax justice network. thanks so much for joining us. thank you. hong kong pro democracy activists child hung tongue has been released from police custody a day off to she was detained. child was arrested on friday for organizing and promoting an annual visual to the victims of the chinaman square massacre and the
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2nd year in a row that hong kong authorities of band vigils for the 198809 massacre in which chinese troops killed possibly thousands of peaceful student protesters in beijing after her release child had a warning for hong kong. so forty's, i want to tell everyone can participate in this high, behind the technical position of the problem or the audience. so any more open your eyes and see what you are actually doing. well, you're actually doing is to cut off the car. could been that 89 you had depending the one of all those families and stuff very pretty to hear about just that. it's more in this i'm joined now by d. w, hong kong correspondent c. b. combe, p. be some very direct words that from child hung tongue. what could be repercussions be of making statements like these for activists in hong kong right
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now. let's hope it is. eyes they as well as in ridiculous speech crimes that's rank 33, our detention inside the police station. the offensive shows the leave, what facebook post and social media home and on the internet, and also the interview a given to the media. so she thought it was an intimidation to the public and also perhaps as well that she was like. and so call a what it will be, call it, pretend to breath that the police did it impact so as to prevent her from being present. he populated commemorated him and now that such strong bumps so could be risky because we have seen some other active already being prosecuted. that comments? i gave you to thought reading hatred and in fighting divisions.
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what, what charges could child hung, tongue still face now child, or was arrested for advertising and publicizing, and unauthorized assembly, which fans candlelight vigils. it carries a maximum of imprisonment, even though the lawyer was the, the active, as was charged after the rest so far. but it doesn't eliminate the tons of future complications. meanwhile, she was also facing other charges on regarding last year, candlelight vigils that route in placing and attending an authorized assembly. and that carries a maximum of 5 years. and she will be facing out next week about phoebe kong in hong kong. thanks so much as take a look now, some of the other stories making news around the world on the salem of killed
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around 100 civilians in book, you know, facile. it's the west african nations deadliest attacks and hottest violence, iraq to 6 years ago. the men struck a nice killing residence of the sole hon village in the northeast government. and what to do is the crab tree days of national morning. and sherlock flash floods and debris flows caused by heavy rains of killed at least 4 people and left 7 missing. more than 5000 people have been displaced and hundreds of homes have been damaged. in china or at least 2 people have died and fix a missing offer. an accident in a coal mine, china has been carrying out safety inspections at mines across the country. that record high coal prices have minus ramping up production to meet supply gap may and bosnian authorities had demolished a serbian orthodox church that was illegally built on land owned by a both man woman. it follows a 20 year legal battle,
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the case reached the european court of human rights. in 2019, the court ruled authorities must remove the church. 20 kilometers east of trevor nature. the nigerian government says it is suspending twitter indefinitely. 2 days ago, the social media platform removed a post from president obama dewberry, that threatened to punish regional secessionist information ministry accused with a double standards and ignoring violent messages from a set persist leader. simply on the issue of deny, jerry, the government announced the twitter ban somewhat ironically on twitter. it said it was taking action because the quote persistent use of the platform for activities that a capable of undermining nigeria is culprit existence. and they are not going to be fooled by anybody. we have to come to room. how do for the best of our ability to just miss in and us give you
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a 2nd to example very suspect. the band comes days after twitter removed a post from nigeria as president will have a new bahati twit as is in the tweet. bahati threatened to punish groups blamed for attacks on government buildings that violated the companies abusive behavior policy . but a boucher accuses twitter of double standards. it says twitter has been indifferent about attacks on government and security facilities inside nigeria. the government points to last d, as in sam anti police brutality protests, which were mostly organized on twitter platform. people was born in politicians. i'm going to police mean a jury duty and us for today. it was about the right to prove it was similar to her point
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when the capital he became you for extra on the streets of la goes, there was a position to the to which a band we are not really true, jim. we have great to freedom of speech, so we should be allowed to speak. be sure that you should be allowed to use. we would be on facebook where we should be allowed to use as my country to days. what i saw me off of our own and currently in the country goes all the voice off on god . let them know that what they do is so rolled on trying to let them when i found out what have i be having in mind so far. one bit rather where the twitter has defended its decision to remove the bahati tweet. the platform said the twitter band was deeply concerning and that it would be monitoring the situation there. i talked to our correspondent fred maloney in lake us and asked him to tell us more about what led to the twitter than well, there are
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a couple of issues or things that have happened in the past. one is in port is where my jazz, we are protesting ross, the police brutality. and it was one of the major protest the country has ever had in the history and put this as actually used treats on to top is accused of amplifying but that voice. then there is also recent a decision by peter to take its african headquarters to god something which is really important for investment in any country. but then they decide to go to god instead of nigeria, despite being actually the biggest market, they have enough free car. but they couldn't go to an idea because of the show of insecurity danish, of different reasons. so, and then they also, they didn't use 3 to, to vent their on got their cause signs holding their,
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he does accountable. so it's, it's this, but teacher time may be the government. so that's maybe it will be nice if we don't have this part for a toll. w correspondent, fred movement in lagos. now, after years of saving lives in cambodia, magowan land mine detecting rats. is retiring the african giant pouch rat who received a gold metal for his bravery has found over 70 landlines during is korea trained by an n g o? in terms of near macola was sent to secure safe land income bo dia, which has one of the world's highest number of mine, and she sees a capital. now, don't forget, you can always get d w use on the go. just download our app from google, play it well from the app store and that will give you access to all the latest news from around the world. as well as push notifications for any breaking news.
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and you can always use the app to send a photos and videos of what's happening, where you are. you're watching daily news life from valley and next on report, a woman who has made it her mission to help drug addict in afghanistan. i'm and you can turn this again from world news of the top of the next hour. the every journey begins with the 1st step. and every language with the 1st word, pinnacle rico is in germany to learn german. why not learn with him? a simple online on your mobile and free w e learning course, nikos vague.
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