The Daily Populous

Sunday July 28th, 2024 evening edition

image for ‘Morally, nobody’s against it’: Brazil’s radical plan to tax global super-rich to tackle climate crisis

No government was speaking out against the tax, said Ana Toni, who is national secretary for climate change in the government of President Luiz Inácio Lula da Silva.

However, the lack of overt opposition does not mean the tax proposal is likely to be approved.

Many governments are privately sceptical but unwilling to publicly criticise a plan that would shave a tiny amount from the rapidly accumulating wealth of the planet’s richest few, and raise money to address the pressing global climate emergency.

Janet Yellen, the US Treasury ­secretary, told journalists in Rio that the US “did not see the need” for a global initiative.

But she said levying and raising a tax globally was possible, as had been shown by G7 finance ­ministers’ agreement to levy a minimum 15% corporate tax.

“It should be at a global level, because otherwise, obviously, rich people will move from one country to another,” she said.

“We are looking forward to working with the UK government on a new financial mechanism to tackle climate, but also preserve nature. »

Olympic committee calls South Korean president after labelling country North Korea in ceremony

Authored by telegraph.co.uk
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Thomas Bach, the president of International Olympic Committee (IOC), has apologised to South Korea’s president on the phone after his country’s athletes were identified as North Korean in the Paris Games’ opening ceremony.

The sports ministry demanded a meeting with International Olympic Committee (IOC) president Thomas Bach, and urged the foreign ministry to file “a strong government-level complaint” with the French government.

In recent weeks, North Korea has launched more than 2,000 balloons carrying rubbish over their border, with one balloon even falling on the South Korean presidential compound on Wednesday. »

Trump’s Campaign Against Harris Is Like Him: Old and Tired

Authored by bloomberg.com
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The Republican approach to Vice President Kamala Harris is terrible, no good, absolutely awful and all over the place.

Compared to Harris' upbeat, future-oriented campaign backed by the banging chorus of America’s greatest pop star, Donald Trump looks like a late-stage Elvis stuck in a doom loop.

This will damage his campaign — and the country — but it’s the only way Trump and his followers know how to run. »

Customers who save on electric bills could be forced to pay utility company for lost profits • Louisiana Illuminator

Authored by lailluminator.com

While the idea might seem like a straightforward solution to cut back on waste, utility company executives aren’t very happy with it.

Less waste leads to lower electric bills, which could mean lower profits for the utilities.

Even though customers are covering all the costs of the program, the utility companies could end up squeezing them for lost profits with so-called “under-earning” fees. »

Harris raised $200M in first week of White House campaign and signed up 170,000 volunteers

Authored by apnews.com
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Over 170,000 volunteers have also signed up to help the Harris campaign with phone banking, canvassing and other get-out-the-vote efforts.

The fundraiser had originally been expected to raise $400,000 but ended bringing in about $1.4 million, according to the campaign.

Harris at her Saturday fundraiser said she remained the “underdog” in the race but that her campaign was picking up steam. »