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Brazil believes it has found a way to pay for the fight against climate change and world hunger: Tax the super-rich.

(Bloomberg) -- Brazil believes it has found a way to pay for the fight against climate change and world hunger: Tax the super-rich.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingIsrael Launches Retaliatory Strike on Iran, US Officials SaySingapore Loses ‘World’s Best Airport’ Crown to QatarAs president of this year’s Group of 20 nations, Brazil has made implementing a global minimum

(Bloomberg) -- President Luiz Inacio Lula da Silva’s government on Monday unveiled plans to invest 300 billion reais ($60 billion) into Brazil’s aging industries, a bid to boost Latin America’s largest economy that sparked fiscal worries among investors.Most Read from BloombergChina Weighs Stock Market Rescue Package Backed by $278 BillionIndia Tops Hong Kong as World’s Fourth-Largest Stock MarketNetflix Pays $5 Billion for ‘Raw’ in Bet on Live EventsAn Isolated Israel Doubles Down on War in Gaz

(Bloomberg) -- Brazil’s Luiz Inacio Lula da Silva called on international financial institutions to reduce fees and increase efficiency, continuing his career-long push for global governance reform as he kicked off his nation’s presidency of the Group of 20.Most Read from BloombergWall Street Traders Go All-In on Great Monetary Pivot of 2024Range Rovers Become Thief-Magnets, Causing Prices to TumbleOwner of the Philippines’ Largest Malls Says China Feud May Hurt BusinessesCitigroup Offers Partia

(Bloomberg) -- Brazil President Luiz Inacio Lula da Silva backed Argentina’s Sergio Massa ahead of Sunday’s presidential election, the latest leader taking a side in the heated contest that has highlighted Latin America’s deepening ideological divisions.Most Read from BloombergRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexThailand Takes $28 Billion Malacca Strait Bypass Plan to USS&P 500 Up 2% as Bets ‘Fed Is Done’ Sink US Yields: Markets WrapUS Frustration With Israel Grows as Gaza