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As U.S. retreats, the world fights an uphill battle against inequality : Ishaan Tharoor / Washington Post

Article shared by John Gilmartin

Here in the States we’re having a collective moment, Elon’s AI company, Grok, is ranting nazi screeds, He Who Cannot be Named changes tariffs and threatens global darkness hourly, as the markets defy the doomsayers, and heat domes rule the affluent at play.

Meanwhile in Seville this week, the head of the UN, a sort of shabby group of heads of state, and very serious senior persons have collected to declare,

it is time to name and tax the 1%.

Washington Post’s piece two days ago on the Seville meeting on development financing

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Summary
As world leaders convene in Seville to address widening global inequality and development financing, the United States under President Trump has sharply shifted focus domestically. The U.S. has taken moves that threaten public health, development aid, and progress in conflict zones like Sudan. Experts warn that cutting foreign assistance and social programs could cost millions of lives. Despite U.S. withdrawal, other nations are pushing ahead with efforts such as a global wealth registry, international taxation, and public debt reforms to tackle global poverty and inequality.

Quotes
“The magnitude of USAID’s impact over the past two decades cannot be overstated … the dismantling of these programs now threatens to reverse decades of progress.”
“This bill … is not a solution to economic inequality or for managing immigration and asylum procedures … It is a blueprint for cruelty.”
“Financing is the engine of development. And right now, this engine is sputtering,” said U.N. Secretary‑General António Guterres.
“Whilst critical aid is cut, the debt crisis is bankrupting governments – 60 percent of low‑income countries are at the edge of a debt crisis.”

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