President Joe Biden will meet with a number of world leaders on Saturday as members of the G-20 debate how to best tackle massive global economic challenges ranging from climate change to the spiking energy prices.
And while international financial institutions have predicted that wealthy nations will recoup the losses they suffered during the pandemic by 2022, economic recovery in poor countries is projected to take much longer, accelerating the pace of global inequality.
International organizations had set a goal of vaccinating 40 percent of the population of each country by the end of this year, but it it G-20 heads of state are expected to continue to discuss the new rule — which would be the biggest change to the international tax system in decades — and formally agree to it with the hopes of implementing it in 2023.
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