The Rio de Janeiro summit aims to launch a global alliance against hunger and poverty. No significant progress is expected in the fight against climate change, the elimination of fossil fuels or the advancement of renewable energy sources.
The G20 heads of state and government will meet on Monday and Tuesday Rio de Janeiro (Brazil), in the midst of deep division wars in Ukraine and the Middle Eastfor the proposal to have one tax on the super-rich and to address the differences energy transition honestly
Delegations from 55 countries and international organizations They will meet at the Museum of Modern Art in Rio, armored for the occasion by some 20,000 soldiers and police who have turned Rio’s Flamengo neighborhood into a bunker.
The Brazilian President, Luiz Inácio Lula da Silvawill host a long list of leaders, including Joe Biden (United States), Xi Jinping (China), Claudia Sheinbaum (Mexico), Javier Milei (Argentina), Pedro Sánchez (Spain), Emmanuel Macron (France) and Olaf Scholz (Germany).
The President of the United States, Joe Biden, will be one of the protagonists of the event, as this will mark the American’s last participation in a major international summit before leaving the White House in January and handing over the baton to Donald. Trump.
On the other side, the Argentinian president Javier Mileiwhich is critical of multilateralism, will premiere at the G20, after the Latin American country’s delegation abruptly withdrew from COP29, the UN climate summit currently being held in Azerbaijan, on Wednesday. He will face Lula for the first time, whom he has called a “communist” and a “perfectly idiotic dinosaur”, attacks for which the Brazilian president said Milei should apologize to him and Brazil.
Tax the fortunes of billionaires
The summit will also be marked by the announcement by the host president, Lula da Silva, that he is promoting a new global tax on billionaires, an initiative that Spain supports.
According to a study conducted by Brazil, if the world’s nearly 3,300 billionaires paid the equivalent of 2% of their wealth in taxes, they could raise between $200,000 and $250,000 million annually to finance anti-poverty projects. hunger and climate change.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
