Tax Justice Network | Without any public debate, EU countries have agreed to exempt US multinationals from most of the elements of the global minimum tax – when the tax dodging of those same US multinationals costs the bloc €14 billion in lost revenues each year. The loss is a significant underminin...
CNBC | The gap between the best and worse off Americans is growing — and economists don’t see an end in sight. The “K-shaped” economy has been top of mind for consumers, corporate leaders, policymakers and investors since the Covid pandemic drastically reshaped Americans’ financial habits almost six...
Oxfam | Billionaire fortunes have grown at a rate three times faster than the previous five years since the election of Donald Trump in November 2024. While US billionaires have seen the sharpest growth in their fortunes, billionaires in the rest of the world have also seen double digit increases. T...
CNN | The Federal Reserve’s policy decisions in recent years have exacerbated economic inequality in America, and some of the central bank’s policymakers say it’s not a problem they can easily fix.
Source: CNN.
GPF | The G20 Leaders’ Summit in Johannesburg in late November offered a once-in-20-years opportunity to promote a specific African agenda through the G20. The South African government set high expectations when it chose the theme “Solidarity, Equality, Sustainability” for its presidency.
Sourc...
Commissioned by the G20 South Africa Presidency | Inequality is one of the most urgent concerns in the world today, generating many other problems in economies, societies, polities and the environment.
Source: G20 Reports.