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G20 leaders endorse tax deal, pledge more vaccines for the poor

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Leaders of the world’s 20 biggest economies endorsed on Saturday a global minimum tax aimed at stopping big business from hiding profits in tax havens, and also agreed to get more COVID vaccines to poorer nations, Reuters reported.

Attending their first in-person summit in two years, G20 leaders broadly backed calls to extend debt relief for impoverished countries and pledged to vaccinate 70% of the world’s population against COVID-19 by mid-2022.

However, with a crucial U.N. climate conference due to start in just two days, the G20 appeared to be struggling to throw its weight behind the sort of strong new measures that scientists say are needed to avert calamitous global warming.

According to Reuters Italy, hosting the gathering in Rome, put health and the economy at the top of the agenda for the first day of the meeting, with the more difficult climate discussions set for Sunday.

Underscoring the way the coronavirus crisis has up-ended the world, doctors in white coats and Red Cross workers joined the leaders for their traditional “family” photograph — a tribute to the sacrifices and efforts of medics across the globe.

Addressing the opening of the meeting, being held in a steel and glass convention centre, Italian Prime Minister Mario Draghi said governments had to work together to face up to the formidable challenges facing their peoples.

“From the pandemic, to climate change, to fair and equitable taxation, going it alone is simply not an option,” Draghi said.

The corporate tax deal was hailed as a evidence of renewed multilateral coordination, with major corporations facing a minimum 15% tax wherever they operate from 2023 to prevent them from shielding their profits in off-shore entities, read the report.

“This is more than just a tax deal – it’s diplomacy reshaping our global economy and delivering for our people,” U.S. President Joe Biden wrote on Twitter.

With the world roiled by rising energy prices and stretched supply chains, Biden was expected to urge G20 energy producers with spare capacity to boost production, notably Russia and Saudi Arabia, to ensure a stronger global economic recovery, a senior U.S. administration official said.

DIMMED HOPES

According to the report like many of the other G20 leaders in Italy, Biden will fly straight to Glasgow on Sunday for the United Nations’ climate summit, known as COP26, which is seen as crucial to addressing the threat of rising temperatures.

The G20 bloc, which includes Brazil, China, India, Germany and the United States, accounts for an estimated 80% of global greenhouse gas emissions, but hopes the Rome meeting might pave the way to success in Scotland have dimmed considerably.

Chinese President Xi Jinping and Russia’s Vladimir Putin both decided to follow events only via video link and diplomats looking to seal a meaningful accord said both countries, as well as India, were resisting ambitious new climate goals.

British Prime Minister Boris Johnson acknowledged the G20 and COP26 talks would be difficult, but warned that without courageous action, world civilisation could collapse as swiftly as the ancient Roman empire, ushering in a new Dark Age, Reuters reported.

“It’s going to be very, very tough to get the agreement we need,” he told reporters, standing next to the ruins of the Colosseum amphitheatre – a symbol of once mighty Rome.

CLIMATE EFFORTS

A draft communique seen by Reuters said G20 countries will step up their efforts to limit global warming at 1.5 degrees Celsius – the level scientists have said is necessary to avoid disastrous new climate patterns. read more

The document also acknowledges that current national plans on how to curb harmful emissions will have to be strengthened, but offered little detail on how this should be done.

Additionally, the leaders are set to pledge to halt financing of overseas coal-fired power generation by the end of this year, and to “do our utmost” to stop building new coal power plants before the end of the 2030s, Reuters said.

Apparently relishing in-person diplomacy after months of relative isolation, the leaders held numerous meetings on the sidelines, including discussions between the United States, Britain, Germany and France on Iran’s nuclear programme.

“It is great to see all of you here, after a difficult few years for the global community,” Draghi said, catching the largely upbeat mood amongst those present.

Far from the conference centre, known as ‘The Cloud’, several thousand protesters staged a loud, but peaceful demonstration in the city centre to demand action to stem climate change.

“We are holding this protest for environmental and social issues and against the G20, which continues undaunted on a path that has almost led us to social and ecological failure,” said protester Edoardo Mentrasti.

World

At least 30 dead in stampede at Haiti’s historic Laferriere Citadel

The stampede occurred at the Laferriere Citadel, an early-19th-century fortress ​built shortly after ​Haiti’s independence from France.

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At least 30 people were killed ​on Saturday in a ‌stampede in the northern countryside of Haiti, authorities said, warning ​that the death ​toll could rise, Reuters reported.

Jean Henri Petit, ⁠head of Civil Protection ​for Haiti’s Nord Department ​said the stampede occurred at the Laferriere Citadel, an early-19th-century fortress ​built shortly after ​Haiti’s independence from France.

One of Haiti’s ‌most ⁠popular tourist attractions, the fortess was packed with students and visitors on Saturday ​who ​had ⁠come to participate in the annual celebration ​of the UNESCO ​World ⁠Heritage site, read the report.

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US, Iran teams in Pakistan for peace talks amid doubts over Lebanon, sanctions

The Iranian delegation, led by parliamentary Speaker Mohammad Baqer Qalibaf and Foreign Minister Abbas Araqchi, arrived on Friday.

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Senior U.S. and Iranian leaders were in the Pakistani capital Islamabad on Saturday for negotiations to end their six-week-old war, although Tehran threw the talks into doubt by saying they could not begin without commitments on Lebanon and sanctions, Reuters reported.

The U.S. delegation, led by ​Vice President JD Vance and including President Donald Trump’s special envoy Steve Witkoff and son-in-law Jared Kushner, landed in two U.S. Air Force planes at an air base in Islamabad on Saturday morning, where ‌they were received by Pakistan’s army chief, Field Marshal Asim Munir, and Foreign Minister Ishaq Dar.

The Iranian delegation, led by parliamentary Speaker Mohammad Baqer Qalibaf and Foreign Minister Abbas Araqchi, arrived on Friday.

These will be the highest-level U.S.-Iran talks since the Islamic Revolution of 1979. If the two sides hold face-to-face negotiations as expected, they would be first direct talks since 2015, when they reached a deal on Iran’s nuclear programme.

Trump scrapped the nuclear deal in 2018 during his first term in office. That year, Iran’s then-Supreme Leader Ayatollah Ali Khamenei – who was killed at the start ​of the war six weeks ago – banned further direct talks between U.S. and Iranian officials.

Qalibaf said on X that Washington had previously agreed to unblock Iranian assets and to a ceasefire in Lebanon, ​where Israeli attacks on Iran-backed Hezbollah militants have killed nearly 2,000 people since the start of the fighting in March. He said talks would not start until those pledges were ⁠fulfilled.

Israel and the U.S. have said the Lebanon campaign is not part of the Iran-U.S. ceasefire.

Iran’s state broadcaster said the Iranian delegation would meet Pakistani Prime Minister Shehbaz Sharif around noon (0700 GMT) to determine the timing and manner of “possible negotiations”.

Qalibaf said ​Iran was ready to reach a deal if Washington offered what he described as a genuine agreement and granted Iran its rights, Iranian state media reported.

The White House did not immediately comment on the Iranian demands, but Trump posted on social media ​that the only reason the Iranians were alive was to negotiate a deal.

“The Iranians don’t seem to realize they have no cards, other than a short term extortion of the World by using International Waterways. The only reason they are alive today is to negotiate!” he said.

Vance, speaking as he headed to Pakistan, said he expected a positive outcome but added: “If they’re going to try to play us, then they’re going to find the negotiating team is not that receptive.”

Preliminary discussions have been separately held by Pakistani officials with advance teams from both sides, sources ​in Islamabad said.

Iran’s semi-official Tasnim news agency said these included 70 members from Tehran, including technical specialists in economic, security and political fields as well as media personnel and support staff. About 100 members of an advance U.S. team were in the ​city, a Pakistani government source said.

Pakistan’s Dar said he hoped the U.S. and Iran would engage in constructive talks to reach a “lasting and durable solution to the conflict”, according to a statement from Pakistan’s foreign ministry.

A Pakistani source said it was too early to say ‌whether talks would ⁠end on Saturday, adding there was no time limit for negotiations.

Islamabad was under an unprecedented lockdown ahead of the talks with thousands of paramilitary personnel and army troops on the streets, read the report.

Trump announced a two-week ceasefire in the war on Tuesday, which has halted U.S. and Israeli airstrikes on Iran.

But it has not ended Iran’s blockade of the Strait of Hormuz, which has caused the biggest-ever disruption to global energy supplies, or calmed the parallel war between Israel and Hezbollah in Lebanon.

Israeli and Lebanese officials will hold talks in Washington on Tuesday, both sides said, amid conflicting accounts on what those talks would cover.

Lebanon’s presidency said officials from the two countries had spoken by phone on Friday and agreed to discuss announcing a ceasefire and ​setting a start date for bilateral talks under U.S. mediation. ​But Israel’s embassy in Washington said the talks would ⁠constitute the start of “formal peace negotiations” and that Israel had refused to discuss a ceasefire with Hezbollah.

Tehran’s agenda at the Islamabad talks also includes demands for major new concessions, including the end of sanctions that crippled its economy for years, and acknowledgment of its authority over the Strait of Hormuz, where it aims to collect transit fees and control access in what would amount ​to a huge shift in regional power.

Iran’s ships were sailing through the strait unimpeded on Friday, while those of other countries remained hemmed inside.

Disruption to energy supplies has fed inflation ​and slowed the global economy, with ⁠an impact expected to last for months even if negotiators succeed in reopening the strait.

The hard line taken by Iran’s leaders ahead of the negotiations followed a defiant message from its new supreme leader, Ayatollah Mojtaba Khamenei, on Thursday.

Khamenei, yet to be seen in public and said to be suffering from severe facial and leg injuries sustained in the attack that killed his father, said Iran would demand compensation for all wartime damage. “We will certainly not leave unpunished the criminal aggressors who attacked our country,” he said.

Although Trump has ⁠declared victory and ​degraded Iran’s military capabilities, the war has not achieved many of the aims he set out at the start: to deprive Iran of the ability ​to strike its neighbours, dismantle its nuclear programme and make it easier for its people to overthrow their government, Reuters reported.

Iran still possesses missiles and drones capable of hitting its neighbours and a stockpile of more than 400 kg (900 pounds) of uranium enriched near the level needed to make a bomb. Its clerical ​rulers, who faced a popular uprising just months ago, withstood the war with no sign of organised opposition.

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Vance warns Iran not to “play us” as he leaves for talks

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Vice ​President JD Vance said ‌on Friday he was looking forward to having positive negotiations ​with Iran as he ​left for talks in Pakistan ⁠with a warning to ​Tehran not to “play us.”

“We’re ​looking forward to the negotiation. I think it’s going to be ​positive,” Vance told ​reporters before leaving Washington.

“As the president ‌of ⁠the United States said, if the Iranians are willing to negotiate in good ​faith, ​we’re ⁠certainly willing to extend the open hand,” ​Vance said. “If they’re ​going ⁠to try to play us, then they’re going to ⁠find ​the negotiating ​team is not that receptive.”

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