The Latest Breaking News from G20

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.

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

Brazil's President Luiz Inacio Lula da Silva on Wednesday will launch a new initiative against world hunger ahead of an upcoming G20 meeting in Rio de Janeiro.

U.S. Treasury Secretary Janet Yellen's presence at the G20 summit in Brazil aims to address subjects on green energy incentives, efforts to tackle debt distress, support for Ukraine and the capacity of China's manufacturing sector.

Spending on health and education being cut as nearly half of budgets are used to pay creditors, campaigners say

Evidence and experts say six G20 countries do not generate any nuclear energy, and three of those don’t consume it either.

In a new report commissioned by Brazil for its G20 presidency, French economist Gabriel Zucman says an international scheme to impose a global minimum tax on the world's richest individuals is technically feasible and that a 2 percent wealth tax on 3,000 billionaires could generate more than $200 billion in…

Brazil's G20 proposal advocates for a 2% global tax on billionaires to address wealth inequality and fund essential public services.

Proposal could net up to $250bn a year in extra revenue, says report commissioned by Brazil for G20