G20 pledges to work together to tax ultra-rich ...Middle East

RIO DE JANEIRO: G20 nations have agreed to work together to make the super-rich pay their taxes, but stopped short of a more substantial deal, according to a declaration adopted Friday after a meeting of finance ministers in Rio de Janeiro.The thorny topic of tackling tax-dodging billionaires dominated the two-day meeting in the Brazilian city, which will host the next G20 summit in November.The initiative is a key priority for Brazilian President Luiz Inacio Lula da Silva, who heads this year's grouping, which includes the world's major economies, the European Union and the African Union.Lula was hoping for a minimum tax on the moneyed elite, but the final statement represents a compromise

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