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How Bad Are Ultraprocessed Foods, Really?
  + stars: | 2024-05-06 | by ( Alice Callahan | ) www.nytimes.com   time to read: +1 min
In the mid-1990s, Carlos Monteiro, a nutritional epidemiologist in Brazil, noticed something alarming: Obesity rates among children in his country were rising rapidly. To understand why, he and his colleagues at the University of São Paulo scrutinized data on the food buying patterns of Brazilian households to see if they had changed in recent years. The researchers found that people were purchasing less sugar, salt, cooking oils and staples like rice and beans, and more processed foods like sodas, sausages, instant noodles, packaged breads and cookies. To describe that second category of food, the team came up with a new term: ultraprocessed foods, or UPFs, which they would later link to weight gain in children and adults in Brazil. Since then, scientists have found associations between UPFs and a range of health conditions, including heart disease, Type 2 diabetes, obesity, gastrointestinal diseases and depression, as well as earlier death.
Persons: Carlos Monteiro, University of São Paulo Organizations: University of São Locations: Brazil, UPFs
CNN —At least 29 people have been killed and a further 60 are missing as heavy rain and flooding hit the Brazilian state of Rio Grande do Sul this week. Residents and a dog are evacuated from a flooded area in the city center of São Sebastião do Cai, Rio Grande do Sul State, Brazil, on May 2, 2024. Rio Grande do Sul has been increasingly hit by extreme weather events in recent years. Volunteers use a fishing boat to rescue residents trapped inside their houses in São Sebastião do Cai, Rio Grande do Sul state. The proportion of high-intensity hurricanes, or tropical cyclones, has increased due to the warmer global temperatures, according to the UN.
Persons: Cai, Carlos Fabal, Luiz Inácio Lula da Silva, , , Eduardo Leite, Anselmo Cunha, Lizzy Yee, Omar Fajardo Organizations: CNN, Authorities, Getty, Volunteers, UN Locations: Rio Grande do Sul, Rio Grande do Sul State, Brazil, AFP, Dubai, Asia, Kenya, São
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. "We're making these adjustments now to ensure we're able to re-accommodate customers on affected flights," American said in a statement. Flights from New York to Barcelona will be suspended Sept. 3. Flights from Dallas/Fort Worth International to Dublin and to Rome, which were both scheduled as year-round flights, will now be suspended on Oct. 26. Flights from Chicago O'Hare to Paris will end Sept. 3 and resume next year.
Persons: John F, Boeing didn't Organizations: Boeing, American Airlines, Kennedy International, Fort Worth International, Dublin, Chicago O'Hare Locations: Barcelona, Europe, New, Athens, New York, Dallas, Rome, Chicago, Paris, Kona, Hawaii, Philadelphia, Miami, Montevideo, Uruguay, Sao Paulo, Brazil
Taylor Swift is not known to bite the hand that feeds her. Taylor Swift built her brand as a friendly and relatable pop starA young fan exchanges friendship bracelets with Taylor Swift during The Eras Tour" in Sao Paulo, Brazil. But nearly two decades into her career, the business of Being Taylor Swift has become a billion-dollar industry whose parasocial peanut gallery has grown in size to match. With 'The Tortured Poets Department,' Swift is telling fans they don't actually know herTaylor Swift greeting fans at the 2019 VMAs. John Shearer/Getty Images"The Tortured Poets Department" allows a peek into the inner turmoil of Being Taylor Swift, with all the attention, venom, and possessiveness she attracts.
Persons: Taylor Swift, Swift, Taylor, Little, that's, fame's downsides, Kanye, John Shearer, Matty Healy, Joe Alwyn, Healy, who'd, Swifties, Healy didn't, she's, Swift — Organizations: Recording Academy, Poets Department, Marvel, Department, Spice Locations: Sao Paulo, Brazil
Josie Duran overheard Matthew Kenney’s pitch many times. As a lead server at Plant Food + Wine in Venice Beach, Calif., Ms. Duran often waited on Mr. Kenney, the restaurant’s chef and owner, as he entertained potential investors on the restaurant’s fig-tree-shaded patio, persuading them to trust him with their money for his ambitious culinary projects. At a time when adopting a plant-based diet has become an environmental and ethical cause around the world, Mr. Kenney, 59, is among the world’s most famous vegan chefs. Plant Food was the flagship restaurant of Matthew Kenney Cuisine, a sprawling, health-focused company that until recently operated, managed or invested in more than 50 restaurants across the globe, from Los Angeles to São Paulo to Dubai. But Ms. Duran grew to resent Mr. Kenney’s visits — in part, she said, because she believed she was helping the chef cultivate a misleading image of success.
Persons: Josie Duran, Matthew Kenney’s, Duran, Kenney, Matthew Kenney, São Paulo, Kenney’s Organizations: Food Locations: Venice Beach, Calif, Los Angeles, Dubai,
Airlines capitalize on this trend with "stopover" programs, some even offering free hotels and food. Airlines have jumped on this growing trend with built-in "stopover" programs, which can come with free or discounted hotels, excursions, transportation, and food at the layover destination. Essentially, you can't intentionally book a longer layover to quality for the free stopover hotel. Massimo Insabato/Archivio Massimo Insabato/Mondadori Portfolio via Getty ImagesSingapore Airlines' stopover program is available via the multi-city tool, similar to other carriers, where travelers can add hotels, transfers, and activities. Urbanandsport/NurPhoto via Getty ImagesTurkish Airlines' stopover program gives economy travelers a one-night free hotel stay and business flyers a two-night free stay if the period between their connecting flights in Istanbul exceeds 20 hours.
Persons: , Robert Smith, Markus Mainka, Liang Xu, Nicolas Economou, Thomas Mukoya, Suparat, Finnair, Shutterstock Icelandair, Marcio Rodrigo Machado, Bauer, Griffin, Alexi Rosenfeld, CHARLY TRIBALLEAU, Massimo Insabato, It's, Matheus Organizations: Service, Airlines, Travelers, An Air Canada Boeing, Getty Images Air, Air France, KLM Air France, KLM, Air, China Southern Airlines, China Southern Airlines Airbus, Getty Images China Southern Airlines, Copa Airlines AP Copa Airlines, Copa, Emirates, Emirates Airbus, Getty Images Emirates, Dubai Connect, Ethiopian Airlines Ethiopian Airlines, Reuters Ethiopian Airlines, Etihad Airways, Etihad Airways Airbus, Shutterstock.com Etihad Airways, Fiji Airways Fiji Airways, Shutterstock Fiji Airways, Iberia Airbus, Japan, Japan Airlines Boeing, Japan Airlines, Latam Airlines Boeing, Latam Airlines, Hotels, An Oman Air, Getty Images Oman Air, Qantas, Getty, JAL, Oneworld, Qatar Airways, Qatar Airways Boeing, Getty Images Qatar Airways, Royal Jordanian Airlines Royal Jordanian Airlines Boeing, Getty Images Royal Jordanian Airlines, Air Lines, Swiss International Air Lines Airbus, Getty Images Swiss, Singapore Airlines, Airbus, Getty Images Singapore Airlines, Portugal, TAP Air Portugal Airbus, TAP Air Portugal, Turkish Airlines, Turkish Airlines Airbus, Getty Images Turkish Airlines Locations: Getty Images Air Canada, Canada, Air France, Xinhua, Panama, Panama City, Emirates, Dubai, UAE, Addis Ababa, Abu Dhabi, Fiji, Australia, New Zealand, Pacific, Helsinki, Iberia, Iberia Airbus Iberia, Madrid, Icelandair, Reykjavik, Tokyo, Osaka, Kyoto, São Paulo, Brasilia, Fortaleza, Recife, Manaus, Curitiba, Belem, Oman, Muscat, layover, Bangkok, San Francisco, AFP, Switzerland, Singapore, Lisbon, Porto, Portuguese, Azores, Madeira, Istanbul
Spiders are weavers. The Navajo artist and weaver Melissa Cody knows this palpably. It also infuses “Melissa Cody: Webbed Skies,” the first major solo exhibition of the artist’s work, which is on view at MoMA PS1 through Sept. 9. in a co-production with the São Paulo Museum of Art in Brazil (known as MASP). The exhibition is part of the overdue recognition of Indigenous artists by museums and other institutions, from the recent retrospective of Jaune Quick-to-See-Smith’s work at the Whitney Museum of American Art to the expanding roster of artists at the Venice Biennale. Cody, 41, is a millennial at the forefront of an art form harking back millenniums — at once building on tradition and joyously venturing beyond it.
Persons: Melissa Cody, Man, Jaune Organizations: MoMA, São Paulo Museum of Art, Whitney Museum of American, Venice Biennale Locations: Brazil, Venice, Cody
CNN —A couple of African paradise islands have been on the radar of avid world travelers for some time. Shellfish Bay on the island’s windward side shelters one of East Africa’s most spectacular beaches, a crescent of white sand framed by 100-meter dunes. Bazaruto Island Resort, the island’s top digs, can arrange scuba diving and snorkeling, sailing on traditional dhow boats, guided 4x4 wildlife safaris, sandboarding on the dunes and other outdoor activities. Lamu’s best beaches are on the island’s windward side, around a 30–40-minute walk via Shela village. — and an ancient stone nilometer for measuring the river’s water level — reflect the island’s importance during pharaonic times.
Persons: São Filipe, Denis, Ponta, Ariadne Van Zandbergen, Dar es Organizations: CNN, Ethiopian Airways, oneworld, Getty, UNESCO, Heritage, Cabo Verde Airlines, Overseas, Paris Orly, Animalia Museum, Egypt, Vogue, Reserve, Dar es Salam Locations: Mauritius, Seychelles, Canary, Africa, Madagascar, Addis Ababa, Bazaruto, Mozambique, East, sandboarding, Johannesburg, Vilanculos, Lamu, Kenya, Manda, Malindi, Nairobi, JamboJet, Fogo, Cape Verde, Cabo Verde, West Africa, Pico, Verde’s, Praia, Overseas Territory, Réunion, French Caribbean, L’Hermitage, Saint, Paris, Antananarivo, Elephantine, Egypt, Aswan, Bissagos, Guinea, Bissau, Bubaque, Pemba, Tanzania, Zanzibar, Tanga, Dar, FlightLink
But a new report from Consumer Reports said it recently compared the nutritional profiles of two Lunchables kits served in schools and found they have even higher levels of sodium than the Lunchables kits consumers can buy in stores. The non-profit consumer group said it has petitioned the US Department of Agriculture, which oversees the federally assisted school meal program, to remove Lunchables food kits from school cafeterias, as a result. The introduction of Lunchables in schools came amid proposed changes to school food guidelines by the USDA, which oversees the federally assisted school meal program. The proposed changes aimed to reduce added sugars and sodium levels in school-provided lunches. Food additives are considered “generally recognized as safe” (GRAS) by the US Food and Drug Administration, but not everyone agrees.
Persons: Lunchables, Armour LunchMakers, Oscar Mayer, can’t, , Brian Ronholm, Kraft Heinz, ” Kraft Heinz, Carlos Monteiro, Monteiro, ” Monteiro, Heinz “ Organizations: New, New York CNN, Consumer, Natural Meat, World Health Organization, US Centers for Disease Control, US Department of Agriculture, CNN, USDA, University of Sao, NOVA, US Food and Drug Administration, Center for Science, Environmental, Kraft Locations: New York, University of Sao Paulo, Brazil
Brazil's President Jair Bolsonaro and Tesla CEO Elon Musk talk during a meeting in Porto Feliz city in Sao Paulo state, Brazil May 20, 2022. Brazilian Supreme Court Justice Alexandre de Moraes initiated an investigation into tech magnate Elon Musk on Sunday, the billionaire owner and chief technology officer of social network X. A defiant Musk wrote on Saturday in response to earlier court orders: "We are lifting all restrictions. By Sunday, Musk was further provoking the Brazilian Supreme Court, calling for the resignation or impeachment of Moraes, the justice who decided on the orders. Moraes has long supported regulations to rein in harmful content and misinformation online in Brazil.
Persons: Jair Bolsonaro, Elon Musk, Alexandre de Moraes, Musk, Moraes Organizations: Tesla, Brazilian Locations: Porto Feliz, Sao Paulo state, Brazil
The cruise continued sailing, and the tour company said they left her with other stranded cruisers. AdvertisementIt wasn't a surprise to Julie Lenkoff's family that she was going on another cruise. During the tour, she passed out and fell, Diogo Beirão, the chief operating officer of the tour company, confirmed to BI. Kurt said he and the rest of Lenkoff's family had no idea this was happening since Norwegian hadn't contacted them. Kurt GiesToday, Lenkoff is in critical conditionSince arriving at the hospital in California, Kurt told BI that Lenkoff has undergone numerous tests and scans.
Persons: Julie Lenkoff, Lenkoff, , Julie Lenkoff's, Kurt Gies, Lenkoff's, Lana Gies, Kurt, Navetur, Diogo Beirão, Beirão, hadn't, São, Jay Campbell, should've, WRAL, Jill Campbell, Lana, Julie, gurney, Kurt Gies Kurt, would've Organizations: Service, Stanford Medical Center, BI, Campbells, North, Apple, Lenkoff Locations: Norwegian, Africa, São, Gambia, African, American, Lisbon, Portugal, United States, Toronto, San Francisco, California
Eight passengers were left stranded on São Tomé and Príncipe after missing a cruise ship's boarding deadline. After missing the boarding deadline, the eight people were stuck in São Tomé and Príncipe, an island nation of some 220,000 people off West Africa. It took them six days to get back on the Norwegian Dawn cruise ship, as they missed a chance to re-embark in Gambia before finally getting on board in Senegal. AdvertisementShe explained that cruise lines will hold the ship for passengers on an excursion organized by the company. Jill Campbell, one of the stranded passengers, told NBC News she believed Norwegian Cruise Line had fallen short in a '"basic duty of care."
Persons: , Gracie O'Connor, O'Connor, Tomé, you've, Jill Campbell Organizations: Service, Norwegian, NBC News, Norwegian Cruise Locations: Norwegian, West Africa, Gambia, Senegal
Eight passengers chased their cruise ship around Africa for six days. They were stranded in São Tomé and Príncipe and missed a chance to re-embark in Gambia. AdvertisementA group of passengers left stranded on a small African island after missing a boarding deadline finally managed to rejoin their cruise ship on Tuesday after chasing it for almost a week. The couple had considered not rejoining the ship, believing that Norwegian Cruise Line had fallen short in a '"basic duty of care," Campbell told NBC News. But, six days after being left behind in São Tomé and Príncipe, the cruise line confirmed the eight passengers, including the Campbells, finally re-embarked in Senegal on Tuesday.
Persons: , São, Jill Campbell, Campbell Organizations: Norwegian Cruise Line, Service, Business, Príncipe Coast Guard, ABC, NBC News, Cruise, NBC, Campbells Locations: Africa, Norwegian, Senegal, Gambia, West Africa, Banjul, São, Dakar
Read previewA couple says they were stranded on a small African island after they missed a cruise ship's boarding deadline, according to local media. Jay and Jill Campbell, from Garden City, South Carolina, described their ordeal with a Norwegian Cruise Line ship in an interview with WPDE, their local ABC affiliate. The cruise line said the passengers missed the "all aboard time of 3 p.m. local time." AdvertisementThough cruise ships need to stay punctual, ruined-vacation stories like this are a reputational risk and might put people off. Last September, more than 200 people got stuck in a remote part of Greenland after their cruise ship ran aground.
Persons: , Jay, Jill Campbell, WPDE, Campbells, São, Jay Campbell, concussed Organizations: Service, Norwegian Cruise Line, ABC, Business, Norwegian Dawn, Príncipe Coast Guard, Campbells, Norwegian Cruise, MSC, Royal Locations: Garden City , South Carolina, West Africa, Norwegian, Gambia, Senegal, Greenland, Brisbane, Royal Caribbean
CNN —When the total solar eclipse traces a path across Mexico, the United States and Canada on April 8, spectators can anticipate a multitude of awe-inspiring moments. For those living outside of the path of totality, a crescent-shaped partial eclipse, rather than a total eclipse, will be the main event. A partial solar eclipse is seen between clouds from Socorro in Sao Paulo, Brazil on October 14, 2023. The diamond ring effect is seen during the total solar eclipse on August 21, 2017, in St. Louis, Missouri. And we’re living at the right time to truly enjoy the sight of a total eclipse on Earth, he said.
Persons: , John Mulchaey, Crawford H, Greenewalt, it’s, Robyn Beck, Igor, ” Mulchaey, , It’s, you’re, Mulchaey, Francis Baily, Heinz, Peter Bader, X00316, Tim Spyers, Andrew Farnsworth Organizations: CNN, Carnegie Institution, Carnegie, NASA, Cornell, of Ornithology Locations: Mexico, United States, Canada, , Prairie, AFP, Socorro, Sao Paulo, Brazil, St, Louis , Missouri
"As it is negotiated today, it is a very bad deal, for you and for us," Macron told businessmen in Sao Paulo while on a three-day trip to Latin America's largest economy, amid troubled talks over a free trade deal between the two economic blocs. "There is nothing that takes into consideration the subject of biodiversity and climate; nothing," Macron said. "Let's forge a new deal in light of our goals and reality, a trade deal that is responsible on development, climate and biodiversity." "It's true we lost an opportunity at the end of last year, but we should not give up on this deal." At upcoming G20 and COP summits in Brazil, Macron said he planned to push for more international standards to financially incentivize banks, firms and investors to decarbonize industrial processes and better preserve the environment.
Persons: Sarah Morland, Emmanuel Macron, Macron, Fernando Haddad, Haddad, Luiz Inacio Lula da Silva, Lula, Jair Bolsonaro, Eduardo Simoes, Jonathan Oatis, Kylie Madry, Kim Coghill Organizations: Reuters, European Union, South American Mercosur, Brazilian Finance Locations: Brazil, Sao Paulo, France, Africa, Mexico City
Comcast's Peacock, which streamed an NFL playoff game in January, has another game scheduled for this fall. AdvertisementRemember when Peacock hosted an NFL playoff game in January, which meant that everyone who wanted to watch Travis Kelce play football — and/or watch Taylor Swift watch him play football — had to subscribe to Comcast's streaming service? Well, get ready for round 2: Peacock will have another exclusive NFL game in September, featuring the Philadelphia Eagles and a team to be named later. This one won't be a playoff game, so it won't have anything like the national interest — and the complaints from angry NFL fans — the last Peacock game generated. And subscription tracking service Antenna estimated that nearly 3 million people signed up for Peacock to watch the game.
Persons: Comcast's Peacock, Peacock, , Travis Kelce, Taylor Swift Organizations: NFL, Service, Philadelphia Eagles Locations: Sao Paulo, Brazil
CNN —At least 27 people have been killed in southeast Brazil as rainfall continues to ravage parts of the country, according to CNN affiliate CNN Brasil citing state authorities. The death toll in the Brazilian state of Espirito Santo rose to 19, and at least eight people have been killed in neighboring state Rio de Janeiro, CNN Brasil reported citing each state’s respective Civil Defense. At least six people are still missing, and more than 7,000 people were forced to flee their homes in Espirito Santo, according to CNN Brasil. Construction worker Nicelio Goncalves, 52, shows the interior of his flooded house outside in Rio de Janeiro state on Sunday, March 24. Flooding and landslides remain one of the main concerns as rainfall has yet to cease through the week.
Persons: Nicelio Goncalves, Pilar Olivares, Luiz Inacio Lula da Silva, Rio de Janeiro Governor Claudio Castro, Renato Casagrande, Allison Chinchar Organizations: CNN, CNN Brasil, Civil Defense, Reuters, Rio de Janeiro Governor, Espirito Santo Locations: Brazil, Brazilian, Espirito Santo, Rio de Janeiro, Rio de, Rio Grande do Sul, Sao Paulo
CNN —Teen sensation Endrick scored the winning goal as Brazil beat England on Saturday, putting him into the record books and alongside some of the greats of the Seleção. He almost had another goal in the dying moments of the game but was denied by England goalkeeper Jordan Pickford. He is also a player with whom Endrick has drawn comparisons due to their playing styles. “In the stadium where Pelé never managed to play … Endrick with his first international goal and a winning goal against England,” South American football expert Tim Vickery told BBC Radio 5 Live afterwards. The kid is a prodigy.”Endrick’s goal against England was an important one too, with it giving new Brazil manager Dorival Júnior his first victory in his debut in the role.
Persons: Endrick, Jordan Pickford, Wembley –, Ronaldo Nazario, Ronaldo –, ” Endrick, Brazil’s, “ I’m, Pelé, Tim Vickery, , Bobby Charlton, , Dorival Júnior, Lucas Paquetá Organizations: CNN, Brazil, England, Wembley, Brazil’s Globo, Reuters, Real Madrid, Brazilian, Palmeiras, Brazil national team, , ” South, BBC Radio Locations: Brazil, London, Real, Spain
São Paulo, Brazil CNN —Former President Jair Bolsonaro presented top Brazilian military leaders with a plan to stage a coup after he lost the 2022 election, newly released court documents have alleged. The country’s Supreme Court released the testimonies from former army commander Marco Antonio Freire Gomes and former air force commander Carlos de Almeida Baptista Jr. to the Brazilian Federal Police on Friday. Bolsonaro allegedly presented the plan in a meeting on December 7, 2022, at the presidential palace in Brasilia. In their testimonies, both Gomes and Baptista Jr. said they refused to carry out Bolsonaro’s alleged plan to stay in power and threatened to arrest him, documents show. Bolsonaro surrendered his passport to authorities in early February as part of a police investigation into an alleged coup attempt.
Persons: São, Jair Bolsonaro, Marco Antonio Freire Gomes, Carlos de Almeida Baptista Jr, Bolsonaro, Gomes, Baptista Jr, Bolsonaro’s, São Paulo, , Luiz Inácio Lula da Silva Organizations: Brazil CNN —, Brazilian Federal Police, CNN Brasil Locations: São Paulo, Brazil, Brasilia ., Brazil’s, São, Brasilia, Brasília
SAO PAULO (Reuters) - Brazil's President Luiz Inacio Lula da Silva said on Monday that there is no explanation for keeping the country's benchmark interest rate at the current 11.25% level apart from the "stubbornness" of central bank president Roberto Campos Neto.
Persons: Luiz Inacio Lula da Silva, Roberto Campos Neto Organizations: SAO PAULO, Reuters
Dengue Outbreaks on Rise in Brazil as Vaccine Rollout Lags
  + stars: | 2024-03-06 | by ( March | At P.M. | ) www.usnews.com   time to read: +2 min
On Tuesday, Sao Paulo's state department of health declared a state of emergency, estimating 300 cases for every 100,000 inhabitants. "We have six million doses this year and 50 million doses over five years," he said. Dengue is now present in 85% of Brazil's municipalities, Kfouri added, spreading into regions where it was never seen before. In some cases, the disease can cause a more severe hemorrhagic fever, resulting in bleeding that can lead to death. The Health Ministry's latest weekly bulletin cited some 1.3 million "possible cases" of dengue nationwide and 299 confirmed deaths related to the disease this year.
Persons: Renato Kfouri, Kfouri, Sebastian Rocandio, Steven Grattan, Bill Berkrot Organizations: SAO PAULO, Reuters, Sao Paulo, Leandra Locations: Brazil, Sao Paulo's, Brazil's municipalities
Seizing Russian assets won't make up for the failure to send aid to Ukraine, Janet Yellen warned. Republicans have blocked a plan to send aid to Ukraine in a bid to force Joe Biden to take action on immigration. AdvertisementUkraine needs the West to do much more than just seize frozen Russian assets, according to Janet Yellen. AdvertisementG7 finance ministers met in Brazil last week to discuss what to do with frozen Russian assets worth about $300 billion. "I want to be very clear: we currently have no legal basis for the seizure of Russian assets," he said on the sidelines of the Brazil summit.
Persons: Janet Yellen, Joe Biden, , São, Yellen, Bruno Le Maire, Biden Organizations: Republicans, Service, São Paulo, Kyiv, Bloomberg, European Union, US Locations: Ukraine, Japan, Brazil, Italy, Mexico
A Toyota dealership in Yokohama, Japan, photographed on Feb. 7, 2021. Japanese auto maker Toyota will announce on Tuesday an 11 billion real ($2.2 billion) investment for the next few years in Brazil, the South American country's vice-president said on Sunday. Toyota said in a statement earlier on Sunday, after local media had first reported the new investments, it had no comment on potential future plans. Brazil's vice-president and minister for industry Geraldo Alckmin said on social media the investments will be unveiled at an event in Toyota's factory in the city of Sorocaba, Sao Paulo state. Toyota would be the latest global automaker to unveil plans for extra investment in Brazil this year, following companies such as Volkswagen, General Motors and Hyundai Motor.
Persons: Geraldo Alckmin, Lauro Jardim Organizations: Toyota, American, Sunday, Volkswagen, General Motors, Hyundai Motor Locations: Yokohama, Japan, Brazil, Toyota's, Sorocaba, Sao Paulo
London CNN —Finance officials from the world’s biggest economies began talks this week on introducing a global minimum tax on billionaires. According to the EU Tax Observatory, the super-rich in big countries pay a far smaller share of their income in taxes than ordinary people. The world’s current patchwork of tax regimes fails “to properly tax the individuals with the highest ability to pay taxes,” he added. The negotiations on a minimum tax on corporations took years,” Quentin Parrinello, senior policy advisor at the EU Tax Observatory, told CNN. Practical headachesA global minimum tax on billionaires would be more complicated to implement than the one introduced for corporations, says Arun Advani, an economics professor at the University of Warwick.
Persons: ” Gabriel Zucman, ” Quentin Parrinello, ” Parrinello, Arun Advani, “ It’s, ” Advani, , , Advani, Organizations: London CNN — Finance, EU, Observatory, Oxfam, EU Tax Observatory, Independent, Climate Finance, European Union, CNN, University of Warwick Locations: São Paulo, Brazil, France, Italy, United States, China, India, Saudi Arabia, Argentina, London, New York
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