President Biden and other world leaders to endorse a global corporate minimum tax at the G-20 summit, an agreement U.S. officials are hoping will lead to an increase in revenue to fund President Biden's Build Back Better agenda.
and spiking energy prices were also expected to be high on the agenda during the opening session of the G-20.
"From the pandemic to climate change to fair and equitable taxation, going it alone is simply not an option," Draghi said."We must do all we can to overcome our differences. And we must rekindle the spirit that led to the creation of this group." "In high income countries, more than 70 percent of the population has received at least one dose. In the poorest ones, this percentage drops to roughly 3 percent," he said."These differences are morally unacceptable and undermine the global recovery."
Combined, member countries make up roughly 80 percent of global GDP and 60 percent of the world population, although some of the most populous countries — such as Pakistan and Nigeria — are not part of the G-20.
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