As well as the United States and Britain, the G7 includes Japan, France, Germany, Italy and Canada. Britain called on G7 countries to agree a joint approach to taxing internet giants by mid-2021, a deadline agreed by the wider Group of 20 nations. A G7 source, who asked not to be named, said the United States told other countries it needed a few weeks to finalise the SDR increase. Sunak called on private creditors to give debt help to the poorest countries and said climate change and nature preservation would be priorities for Britain's G7 presidency. Yellen said the G7 should expect to see the US Treasury's engagement on climate change to "change dramatically relative to the last four years."

Source: bd News24 February 13, 2021 01:41 UTC