G20 wraps with talk of climate change, poverty reduction, tax on billionaires

rio de janeiro —  Leaders of the world’s largest economies ended their two-day G20 summit in Rio de Janeiro with a statement supporting the priorities of the Global South: climate change, poverty reduction and taxing billionaires. The Global South is generally considered to be developing countries, as well as Russia and China. Brazilian President Luiz Inacio Lula da Silva, host of the G20 summit, focused the talks around three key pillars: social inclusion and tackling hunger and poverty; energy, transitions and climate action, and reforming global governance. Globalization has failed, Lula said. “In the midst of growing turbulence, the international

Read Full Article