Economy

But Oxfam International says 2021 "could be a turning point if governments grasp the challenge to create a safer more liveable planet for all."

One critic of the agreement said that "by settling for anything less than a 25% tax rate, the G7 is telling their citizens and the world that they're willing to keep the race to the bottom alive and kicking."

"You only take back the lifeline when people aren't drowning," said Claire Guzdar of the Groundwork Collaborative.

"If states proceed with their plans to end these critical programs, they will be ripping the rug out from under millions of Americans and further hindering our economic recovery."

"You cannot begin to address the racial wealth gap without addressing the student loan debt crisis."

"Putting a stop to capitalist barbarism is the central task of our time."

"It turns out, relieving a lot of everyday hardship can be done very simply and directly by giving poor people money and support. Who knew?"

The Covid-19 crisis has exacerbated preexisting inequalities and undermined progress on poverty reduction, gender equality, and battling child and forced labor, according to the International Labor Organization.