the me ah, excuse me. this is d w, new life from berlin. a landmark agreement at the g 7 that could have huge repercussions for big tech g. 7 leaders agree and a deal for global tax reform to make the world's biggest companies pay their fair share of taxes. but all other countries agree to the scheme. also coming up, mexico gets ready for mid term elections that are being seen as a referendum on the policies of president andreas manuel lopez open a door. but the campaign is marked by an unprecedented wave of violence against

politicians. ah, mariana evanston, welcome. g 7, a finance ministers meeting in london said they've reached a deal on global tax reform. the agreement is designed to close the loop holes used by some of the world's biggest companies to avoid paying tax. germany says it's good news for justice and fiscal solidarity bonds. it would have implications for countries who like to attract companies with low corporate tax rates. large companies like google, facebook and amazon have been paying taxes in countries where they have headquarters. and they use locations with low tax rates like ireland. the strategy allows them to pay only a small percentage of their profits. the global minimum tax aims to change that.

finance ministers from canada, france, italy, japan, britain, the u. s. and germany agreed to the proposal. german finance minister offshore. it's called the breakthrough a tax revolution. tax evasion will be more difficult for big companies all over the world. and this is a good message for the people of our countries, and especially the big tech guy and giants who have paid their fair share. and this is also a good success. after years of negotiations, the agreement on a minimum global tax is historic. the rate is expected to be at least 15 percent amazon and google. welcome the compromised by the g 7, finance ministers. a facebook spokesman said the company recognized the proposal and was prepared to pay more tax. the us treasury secretary played a key role in reaching a deal that global minimum tax with in the race to the bottom, corporate taxation, and ensure fairness for the middle class and working people in the us and around

the world. a recent study shows the global tax reform would allow that you to collect an additional $50000000000.00 euros and revenue each year. well for more, let's bring in tomato far to he's a lecture in accounting at the u. k. university of nottingham. welcome to the w. just how significant is this g 7 announcement? good morning then asked me, it's gonna take and it is the 1st time that an i s political level. that's funny recognition that tax competition between countries is full. but he's an agreement that is below the spec taishan where us initially proposed 21 percent as the minimum. and now we call at least 15, which shows the lock commission from european leaders, germany and france and italy, which has a cooperation tax rate about 25 percent. so minimum tax really should be nice

because the high it with 50. and so the hope is that they will unilaterally let us increase their corporation, the minimum tax to level close to the us. so around 21 percent. but this is, that is the deal which takes into account the fact that there's a lot of pressure from tax savings to a lower minimum tax. and 12.5 percent is a tax rate. island switzerland has a similar effect the tax rate. so the, the reasonably that deal with the low because around 15, these is in line with carbon tax saving, right? so naturally will be a favor to them. so it's really will be important more in the visual countries will do because they still allows all countries around the table to sign up to at least 15 percent because it is a lease which means that the country's leaders can do more. and that's the hope that we have. all right, so in your opinion,

this doesn't go far enough because the 15 percent is only slightly higher than some of the countries that are considered tax havens. so who exactly is going to benefit from this idea most is going to be lower income countries or the big wealthy ones. so the be wealthy countries are the ones that currently lose more in absolute numbers. and so the u. s. will benefits initially from this measure, so will germany, france and italy, but also will countries in the global south that rely on corporate tax revenue more than the countries in the north and which will benefit for high tax in medium and tax rates against they will lose out from these measure will be the tax saving because they will no longer be able to attract sniffing investment based on simply a tax tax rate. then in tax is not the only thing that the investments island will lose this advantage, but will still be able to attract investment due to many other skills. and they

asked us to different structures and the location of the population. alright, tomato bacel from the university of nottingham. thank you so much for your insights . thank you. well, almost 100000000 mexicans are expected to vote later today in the biggest election in the country's history. these midterms will see the election of 500 deputies to congress as well as governors and mayors. but the poles will take place against the backdrop of political violence that includes murder, nearly 90 politicians or candidates have been killed since last september. it was while traveling along this road that yvonne guy egos was murdered. she'd been hoping to represent a town in the south of mexico in the upcoming elections. but the mom she withdrew from the race because of increased threat. just 2 days later,

she was assassinated. her husband to do ready been murdered in 2015 and yet that hadn't put her off politics use as the go movie. she always said he is nothing. yes, he is nothing. they've been since last september, almost 90 politicians, including many who would choose to stand in some days election have been killed and there have been numerous other assassination attempts. merrill candidate k year more. valencia is now always accompanied by bodyguards off to an attack. last month was pick. i'm never going to change your life because you have to ride in an armored car when you're not used to it. you have to be careful because you don't know what's going to happen. although no one is sure who's behind

the political violence, the finger was being pointed, organized, crime gangs, including drug cartels. you know, it's jonathan in many municipalities. the elections are increasingly a game of life and death, which i think is a fundamental problem of what's happening in mexico. it can't be that is a candidate that if you run in an election thinking, you're going to die next year, and then send somebody some of the mexico's president andres manual lopez of the door has promised candidates protection. but he's also fighting his own battles. although he's not up for reelection himself, many in his political party, marina, ah, the contest will decide whether the left wing party and its allies keep the 2 thirds majority in the lower house of congress. the president is still popular, but he's administration has been criticized for its handling of the corona virus

pandemic. and the mexican economy is also struggling. its crime though that still top has voters concerns illustrated yet again, in an election campaign, beset by violence. some things that the loved ones of yvonne guy egos know all too well. let's get you up to speed now and some of the other stories making news around the world. armed assailants have killed more than 130 civilians in burkina faso. it's the west african nations deadliest attack since violence erupted there. 6 years ago, the men struck at night, killing the residence of han village in the northeast. the government, and what i do has declared 3 days of national morning. dozens of firefighters have teamed up to battle a brush fire in the us state of arizona. area of footage from the scene near phoenix showed thick plumes of smoke. officials said firefighters were able to get

the blaze under control. turkeys president rich type air to one has pledged to clean up an unprecedented outbreak of slime that is covering the shores of it stumbled marine expert said the organic substance dubbed cease not being fed by human waste and rising temperatures are the ones that officials were searching for the source of the pollution a new partnership between beijing and budapest has anger tongue gary and tax bears who have to carry the nearly 1000000 euro financial burden. china is building a european campus of shanghai bass, who don university. not only are gary to pick up the tab, but no local contractors are to work on the project. most come variance oppose the plans and anger is growing against prime minister victor or bon thousands have taken to the streets of the capital to protest their governments cooperation with

no source, terry and regime. earlier we spoke with our correspondent funding charm, and she told us more about the concerns of those who oppose the project. the main concern is the financial burden estimated that this entire project is going to cost about 1800000000 euros paid by the hungarian china. no one right now. currently actually the me or buddha, happy speaking. what are the one key was wrong against crime? it is still bothering us next year and he says many different things that could be done with this money is that people have got to hear some who are actually on the policy to government. you're disappointed because actually this project, the money the need is for affordable housing is going to be chinese project. but people yeah. also making clear, actually not against chinese people in hungary questioning the finance was caused

by a project that is putting them on the gear and talk to you. they are not getting hungering is i'm one of the most corrupt countries in the european union. this is project the government and people that i was to the opera lead of hungry. it's an opportunity to dash away money. i'm a member of some sports news now and in ice hockey, there's been heartbreak for germany in the men's world championship final, 70 final or other their impressive ron was ended by defending champion, finland who won 2 to one to set up a final on sunday against canada soccer now and germany began very european championship campaign against world cup winners. france later this month and munich . the tournament is also the last one for germany. coach you live and after a couple of veterans were

a welcome back to the roster. confidence is higher than ever at their austria and training base. one final friendly game against last year on monday, awaits this picturesque setting, should give the national team strength and energy for the european championship in front of an impressive backdrop. you'll love is looking for the perfect mix of players to field ahead of his last turn. him in his germany coach, i need to neil tournament and we need players who lead the way, who pull along, who can help others and difficult moment to be honest. we need players who may also have to be patient during the tournament because they don't play from the start. but they also need to be ready for every minute that might come for them. and for every chance shores. a key training aspect, better communication on the pitch. and coach law who seems highly motivated is leaving the way. and his players follow important pillars of the team. thomas

mueller, in my tumbles, have returned after a 2 and a half year absence is vision going to be seen? i want to be the catalog. i don't know my life. the one who can turbocharged to tune them on when they needed to come. in addition to some still stricken player, such as leon gretzky, the champions league winters around car habits have now arrived in the austrian village of a field and was a monument of thing. i'm a player who needs self confidence. that's when i'm at my band higher than that, and that's why i'm going into training with a lot of self confidence about finish up. but it must be too much. we have one or 2 players in the squad who have already won the title. self confidence is always good and that's of course how i'll go into the european championship. that meant you then in the training camp, the spectators were still locked out. however,

$14000.00 fans will be allowed at germany's 1st european championship game against france. they'll be on home turf in munich. this will add even more motivation for love and his team as they pursue the european championship titled europe, the data and the w news up next is world story. i'm mary, and i haven't seen thanks for watching the news. we've got some hot tips for your bucket, lift the magic corner, check spot for food and some great cultural memorials to boot w travels off. we go.