The Latest Breaking News from G20

The latest phone conversation between Russian President Vladimir Putin and Indian Prime Minister Narendra Modi comes close on the heels of the PM’s visit to Ukraine three days ago, his visit to Russia last month, and a day after his phone call with US President Joe Biden. It also comes…

I see looming political and environmental threats – and too few willing to address them. Where is the urgency, asks former UK prime minister Gordon Brown

Even rightwing governments are joining in with G20-led push to make wealthy pay, with Italy doubling flat tax on foreign income

At its recent summit, Lula gave the G20 a chance to show its commitment to real change – and Britain can take the lead, says Kevin Watkins

It would raise $250bn to help offset some of the damage the super-rich cause. Yet they’ll do everything to stop it in its tracks, says Guardian columnist George Monbiot

Finance ministers from leading rich and developing nations have agreed to strive toward effectively taxing the super-rich

G20 finance ministers are expected to take a first step towards international cooperation on taxing the super-rich Friday, with a deal in Brazil likely to call for individual nations to strengthen their own measures, rather than delivering a set of unified regulations.

The world's richest one percent increased their fortunes by a total of $42 trillion over the past decade, British NGO Oxfam announced ahead of a G20 summit in Brazil where taxing the super-rich is top of the agenda.

Fears that the chancellor may need to consider further tax rises as she is set to reveal bad news on public finances

The United States sees no need to negotiate an international agreement on taxing the super-wealthy, Treasury Secretary Janet Yellen said Thursday on the sideline of a G20 finance ministers' meeting.

Faced with growing global inequality, G20 finance ministers meeting Thursday in Rio de Janeiro will tackle the thorny issue of taxes for the super-rich, a topic that has divided member states.