G20 Summit: Navigating Global Challenges and Economic Resilience

Brazil's finance minister called for a "new globalization" focused on addressing poverty and climate change at the G20 meeting, but conflicts in Ukraine and Gaza threatened to overshadow the agenda. The G7 discussed seizing frozen Russian assets to aid Ukraine, while Brazil aims to prioritize fighting poverty and climate change, alleviating debt burdens, and increasing taxes on corporations and the super-rich. The meeting also addressed the urgent need for financial assistance for Ukraine and the potential economic risks of the conflict in Gaza.