The western media has painted Cornwall as a tourist paradise with beaches & resorts. But it is actually among the poorest counties in the UK. Why is there no outrage over Cornwall hiding its poor? Palki Sharma tells you.

Gravitas: G7 glitz hides Cornwall's poverty

Indian Prime Minister Narendra Modi will participate virtually in the outreach sessions of the G7 summit on June 12 and 13. Watch the report to know more.

G7 Summit 2021: Indian Prime Minister Narendra Modi to attend sessions on June 12 and 13

The G7 on Sunday advanced a plan to impose a global minimum corporation tax and a collective crackdown on avoidance, arguing it would help tackle inequality.

At a summit in southwest England, G7 leaders endorsed an agreement struck by their finance ministers last week to adopt a minimum floor for corporation tax of 15 per cent.&nbsp;

Also read |&nbsp;<a href="https://www.wionews.com/world/g7-vows-action-on-covid-vaccines-climate-change-391197">G7 vows action on Covid vaccines, Climate Change</a>

"With this, we have taken a significant step towards creating a fairer tax system fit for the 21st century, and reversing a 40-year race to the bottom," the G7 said in their concluding statement.

"Our collaboration will create a stronger level playing field, and it will help raise more tax revenue to support investment and it will crack down on tax avoidance."&nbsp;

The proposal, which now goes to the meeting of the G20 nations in Italy next month, is aimed at snaring more taxes from revenue-hopping multinational companies, especially tech giants.

Also read |&nbsp;<a href="https://www.wionews.com/world/biden-says-autocrat-putins-russia-might-be-weaker-than-it-seems-391216">Biden says 'autocrat' Putin's Russia might be weaker than it seems</a>

US President Joe Biden, who had proposed the minimum rate, welcomed its backing by his fellow leaders from Britain, Canada, France, Germany, Italy and Japan.

"Too many corporations have been engaged in what are essentially tax savings, deciding that they would pay considerably less in other environments around the world," Biden told reporters after the G7.

"But this is going to make sure there is a minimum tax and I'm going to move on this at home as well.&nbsp;

"And this agreement is going to help arrest the race to the bottom that has been going on among nations protecting corporate investment at the expense of priorities like protecting our workers and investing in infrastructure," he said.

Also read |&nbsp;<a href="https://www.wionews.com/world/g7-adopts-global-infrastructure-plan-an-answer-to-chinas-belt-and-road-initiative-391026">G7 adopts global infrastructure plan, an answer to China's Belt and Road Initiative</a>

G7 members Britain, France and Italy have already imposed their own special "digital services tax" to recoup more revenue from where tech companies have been generating their pandemic-fuelled sales.

US behemoths including Apple, Facebook and Google have been booking their European profits entirely in Ireland, where the effective corporation tax rate is just 12.5 per cent.

But the G7 trio has indicated they will drop the unilateral taxes if a broader agreement is reached at the G20, which includes China, and at the Organization for Economic Cooperation and Development.

Also read |&nbsp;<a href="https://www.wionews.com/world/china-cautions-g7-small-groups-dont-rule-the-world-391151">China cautions G7: 'Small' groups don't rule the world</a>

While winning the rest of the G7 over to his plan, Biden still faces resistance in the US Congress, where Republicans are leery of the Democrat's ambitious tax-and-spend plans.

The G7 on Sunday advanced a plan to impose a global minimum corporation tax and a collective crackdown on avoidance, arguing it would help tackle inequality. At a summit in southwest England, G7 leaders endorsed an agreement struck by their finance ministers last week to adopt a minimum floor for corporation tax of 15 per cent.

The G7 on Sunday advanced a plan to impose a global minimum corporation tax and a collective crackdown on avoidance, arguing it would help tackle inequality. At a summit in southwest England, G7 leaders endorsed an agreement struck by their finance ministers last week to adopt a minimum floor for corporation tax of 15 per cent. Also read | G7 vows action on Covid vaccines, Climate Change "With this, we have taken a significant step towards creating a fairer tax system fit for the 21st century, and reversing a 40-year race to the bottom," the G7 said in their concluding statement. "Our collaboration will create a stronger level playing field, and it will help raise more tax revenue to support investment and it will crack down on tax avoidance." The proposal, which now goes to the meeting of the G20 nations in Italy next month, is aimed at snaring more taxes from revenue-hopping multinational companies, especially tech giants. Also read | Biden says 'autocrat' Putin's Russia might be weaker than it seems US President Joe Biden, who had proposed the minimum rate, welcomed its backing by his fellow leaders from Britain, Canada, France, Germany, Italy and Japan. "Too many corporations have been engaged in what are essentially tax savings, deciding that they would pay considerably less in other environments around the world," Biden told reporters after the G7. "But this is going to make sure there is a minimum tax and I'm going to move on this at home as well. "And this agreement is going to help arrest the race to the bottom that has been going on among nations protecting corporate investment at the expense of priorities like protecting our workers and investing in infrastructure," he said. Also read | G7 adopts global infrastructure plan, an answer to China's Belt and Road Initiative G7 members Britain, France and Italy have already imposed their own special "digital services tax" to recoup more revenue from where tech companies have been generating their pandemic-fuelled sales. US behemoths including Apple, Facebook and Google have been booking their European profits entirely in Ireland, where the effective corporation tax rate is just 12.5 per cent. But the G7 trio has indicated they will drop the unilateral taxes if a broader agreement is reached at the G20, which includes China, and at the Organization for Economic Cooperation and Development. Also read | China cautions G7: 'Small' groups don't rule the world While winning the rest of the G7 over to his plan, Biden still faces resistance in the US Congress, where Republicans are leery of the Democrat's ambitious tax-and-spend plans.

G7 leaders vow to end 'race to bottom' on taxes

Addressing a press conference on Sunday (the last day of the G7 Summit 2021), French President Emmanuel Macron said "China is an economic rival, from whom we expect full respect for (international trade) rules". Meanwhile, US President Joe Biden said "a summit of the Group of Seven wealthy nations mobilized the world's democracies to meet the challenges of the era".

G7 Summit 2021: French President Macron, US President Biden address media on the last day

G7 leaders were urged on Sunday to take immediate action to secure the future of the planet, as they finalized new conservation and emissions targets to curb climate change, and concluded a three-day summit where revived Western unity has been on the show.

G7 leaders confront biggest challenge on climate crisis, set to endorse nature compact

Boris Johnson announced on Sunday that the G7 nations have agreed to distribute more than a billion vaccines against the coronavirus globally between now and the end of 2022.

G7 Summit 2021: UK PM Boris Johnson addresses media on 3rd day, unveils the G7 agreement

The group of seven leaders on during meeting criticized China for its human rights abuses in its forthcoming joint declaration.

G7 nations fail to reach consensus on how to call out Beijing on human rights abuses

All eyes on Cornwall as some of the most powerful leaders in the world gather for the G7 summit in the UK. What's on the agenda? Watch WION's special coverage of the G7 Summit 2021.

G7 Summit 2021: What's on the agenda? Watch WION's special coverage

Hundreds of ocean activists staged a mass&nbsp;paddle-out off the coast of Falmouth on Saturday (June 12), calling on G7 leaders to put ocean health at the heart of the ongoing summit.

Surfers of all ages,&nbsp;some even with their doggy companions,&nbsp;took to the seas with surfboards,&nbsp;paddleboards, kayaks and placards to demand that world leaders acknowledge the ocean's crucial role in tackling the climate crisis and calling for it to be at the forefront of COP26 climate negotiations in November.

Also read |&nbsp;<a href="https://www.wionews.com/photos/from-blimps-to-pikachus-protesters-gather-to-demand-g7-action-390859">From blimps to Pikachus, protesters gather to demand G7 action</a>

Organisers Surfers Against Sewage estimated that some 500 protesters took part.

Leaders from the United States, Japan, Italy, Germany, France and Canada joined British Prime Minister Johnson on Friday (June 11) for the three-day summit in the nearby seaside resort of Carbis Bay.

Their meeting has provided an opportunity for campaign groups to highlight the issues they say the G7 must address.

Hundreds of ocean activists staged a mass paddle-out off the coast of Falmouth on Saturday (June 12), calling on G7 leaders to put ocean health at the heart of the ongoing summit.

Hundreds of ocean activists staged a mass paddle-out off the coast of Falmouth on Saturday (June 12), calling on G7 leaders to put ocean health at the heart of the ongoing summit. Surfers of all ages, some even with their doggy companions, took to the seas with surfboards, paddleboards, kayaks and placards to demand that world leaders acknowledge the ocean's crucial role in tackling the climate crisis and calling for it to be at the forefront of COP26 climate negotiations in November. Also read | From blimps to Pikachus, protesters gather to demand G7 action Organisers Surfers Against Sewage estimated that some 500 protesters took part. Leaders from the United States, Japan, Italy, Germany, France and Canada joined British Prime Minister Johnson on Friday (June 11) for the three-day summit in the nearby seaside resort of Carbis Bay. Their meeting has provided an opportunity for campaign groups to highlight the issues they say the G7 must address.

Hundreds of surfers stage paddle-out G7 protest

After discussing collective steps to prevent another pandemic, G7 leaders launched a plan to build infrastructure in poorer nations in what can be a counter to China's Belt and Road Initiative on Day 2.

G7 Summit 2021: Collective steps to prevent another pandemic

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