
Brazil's Finance Minister Fernando Haddad reinforced his stance regarding global taxation of the super-rich to finance the fight against the climate crisis and to fight social inequality. He outlined his position in a letter at the 2025 annual meeting of the International Monetary Fund (IMF) and the World Bank in Washington, DC.

In a strong reply to the IMF report on the Argentine economy forecasting 0.5% expansion in 2014, the administration of President Cristina Fernandez said the multilateral organization suffers of an 'ideological bias' and its recipes only prompted the 'worst social and productive crisis in the history of Argentina'.