"this is the real historic step and an important shift away from a world in which a few rich countries (try to) take decisions on their own." Dr Lucie Gadenne of Warwick Economics and CAGE comments on the news that 130 countries have agreed that there should be a minimum global corporation tax rate.
"Tax nerds were promised a mega "tax day" today, with a number of tax consultations being published together. In principle this looked like a fantastic move. Instead we got a snooze-fest, even by tax standards." Dr Arun Advani, Assistant Professor of Economics and Impact Director, CAGE, reacts to "tax day."
A group of Tesco investors will force a vote at this year's AGM calling on the supermarket to do more to tackle obesity by increasing the proportion of healthy foods it sells. Dr Thijs van Rens, expert in the economics of food and obesity, comments.
The UK passed the peak of new Coronavirus cases on April 8, and the disease is now on a downward trajectory, but zero new cases are not now predicted until early August, according to updated modelling from Dr Roberto Pancrazi (Warwick Economics and the CAGE Research Centre)
It was suggested following yesterday's Coronavirus Press Briefing that the economic downturn in the wake of the virus could be the biggest since the 18th century South Sea Bubble. Economist Dr Claudia Rei explains the difference between a bubble and the unprecedented situation the world economy is now facing.