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Business Matters: G7 finance ministers prepare to meet

G7 finance ministers prepare to meet

04/06/2021 GMT

BBC World Service - Business Matters, G7 finance ministers prepare to meet

They meet on Friday and Saturday in the UK, a week ahead of the full G7 Summit

Finance ministers from the G7 are meeting on Friday and Saturday in the UK - a week ahead of the full G7 Summit. Top of the agenda is global corporation tax reform, as we hear from Richard Partington, the Guardian's economics correspondent. Thursday has been a day of prolonged argument over foreign travel in the UK. Portugal has been removed from the government's so called 'green list'. The Canary Islands, the Spanish territory off the coast of north-west Africa, was hoping to be added to the list, but missed out. We speak to their head of global tourism safety, Cristina del Rio Fresen. Also in the programme: Lebanon is no stranger to hardship; from the wreckage of its civil war to the world's largest ever non-nuclear explosion happening at its port, the country has not had an easy ride. Lebanon’s economic and financial crisis could rank as one of the three most severe the world has seen in the last century and a half. The BBC's Ed Butler has an extended report.

All this and more discussed with our two guests throughout the show: Paddy Hirsch, contributing editor at National Public Radio, in Los Angeles and Rachel Pupazzoni, business reporter for the ABC, in Perth, Western Australia.

(Picture: Britain's Chancellor of the Exchequer Rishi Sunak meets with U.S. Treasury Secretary Janet Yellen, on the eve of the G7 Finance Ministers meeting, on June 3, 2021 in London, England. Credit: Getty Images.)

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