Bessent pitches global financial literacy program at G20
#FinancialLiteracy #G20Treasury Secretary Bessent promotes a G20 financial literacy contest and Trump Accounts for infants, citing his poverty-stricken youth. Critics counter that Americans lack disposable income, not knowledge, citing poor economic conditions and high costs. read more
Trump Faces Backlash Over Russia G20 Invite
#Trump #G20Trump faces backlash for inviting Russia's finance minister to G20 after exile, sparking European walkouts and criticism. Officials distrust Moscow, while Trump defends engagement, citing diplomacy. Tensions rise amid global economic crises and war. read more
Burnham Invites Trump to Manchester G20 Summit
#UKPolitics #G20New PM Andy Burnham invited Donald Trump to Manchester for the 2027 G20 summit in their first call, discussing North Sea oil drilling. Trump, who once called Burnham "mayor of a town," indicated he would accept. read more
Brazil's President Launches Global Alliance Against Hunger and Poverty
#G20 #GlobalAllianceAgainstHungerBrazil's President, Luiz InĂ¡cio Lula da Silva, led an initiative against hunger and poverty at the G20 summit, providing an opportunity for global change. The UK can follow suit, supporting the Global Alliance Against Hunger and Poverty to tackle these critical issues. read more
#G20 #taxation
G20 finance ministers aim to tax ultra-high-net-worth individuals effectively, with a focus on taxing billionaires. Brazil proposed a 2% minimum tax, meeting divided opinions within the G20. U.S. opposed a global tax agreement, while others like France and Spain expressed support. read more