Latest Group of 20 News

G20 finance ministers agree to work toward effectively taxing the super-rich

Jul. 26, 2024 18:35 PM EDT

RIO DE JANEIRO (AP) — Finance ministers from leading rich and developing nations agreed Friday to strive toward effectively taxing the super-rich, a joint ministerial declaration said. “With full respect to tax sovereignty, we will seek to engage cooperatively to ensure that...

G20 finance ministers discuss a global tax on the super-rich

Jul. 25, 2024 20:35 PM EDT

RIO DE JANEIRO (AP) — Finance ministers from leading rich and developing nations gathered in Rio de Janeiro on Thursday for a two-day meeting to discuss a global tax on the super-rich, a top priority for Brazil, which holds the presidency. According to the proposal before the Group...

Brazil’s Lula seeks to bolster support for global alliance against hunger

Jul. 24, 2024 19:06 PM EDT

RIO DE JANEIRO (AP) — Brazilian President Luiz Inácio Lula da Silva unveiled a global alliance against hunger and poverty in Rio de Janeiro on Wednesday, an initiative he described as one of Brazil’s top priorities for its current presidency of the Group of 20 nations. “Hunger...

Tax the super-rich, says a new report commissioned by Brazil for its G20 presidency

Jun. 25, 2024 16:19 PM EDT

RIO DE JANEIRO (AP) — A global tax on the super-rich is proposed in a new report that Brazil commissioned for its current presidency of the leading 20 rich and developing nations. Individuals with more than $1 billion in total assets would be required to pay the equivalent of 2% of...

After South Africa's historic election, what now for its global role on issues like the war in Gaza?

Jun. 01, 2024 17:45 PM EDT

CAPE TOWN, South Africa (AP) — It was a historic day for South Africa. The political party that ended the racially divisive era of apartheid and sent global hopes soaring with a vibrant new democracy has lost its three-decade grip on power, according to election results Saturday. ...