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IMF’s Georgieva calls for ‘carbon price floor’ to curb emissions

AFP/Editor

IMF Managing Director Kristalina Georgieva on Thursday called for adoption of “an international carbon price floor” for large emitters such as the G20 countries in order to limit the rise in global temperatures.

The head of the Washington-based crisis lender made the appeal during a virtual climate summit hosted by US President Joe Biden, which is bringing together 40 heads of state including Chinese President Xi Jinping and Russian President Vladimir Putin.

“Over 60 pricing schemes have been implemented, but the average global price is currently $2 a ton, and needs to rise to $75 a ton by 2030 to curb emissions in line with the goals of the Paris Agreement,” Georgieva said, referring to the deal which calls for action to keep the planet’s temperature within 1.5 degrees Celsius (2.7 Fahrenheit) above pre-industrial times.

“Because of the urgency to act, we propose an international carbon price floor among large emitters, such as the G20,” she said. “Focus on a minimum carbon price among a small group of large emitters could facilitate an agreement, covering up to 80 percent of global emissions.”

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Georgieva said any system should be “pragmatic and equitable, with differentiated pricing for countries at different levels of economic development.”

A carbon tax combined with increased investment in environment-friendly infrastructure could raise global GDP 0.7 percent per-year and create millions of jobs, she said.

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Central America

Senator Van Hollen Meets with Deported MS-13 Member in El Salvador; Trump and Bukele React

U.S. Democratic Senator Chris Van Hollen, representing the state of Maryland, held a meeting in El Salvador with deported MS-13 gang member Kilmar Ábrego García, a member of the criminal group classified by the U.S. government as a terrorist organization.

“Kilmar Ábrego García, miraculously resurrected from the ‘extermination camps’ and ‘torture chambers,’ now sipping margaritas with Senator Van Hollen in the tropical paradise of El Salvador!” wrote President Nayib Bukeleon X (formerly Twitter), sharing photos of Van Hollen, Ábrego García, and a lawyer sitting together at a Salvadoran hotel.

The deported gang member is seen wearing a plaid shirt and a flat-brimmed cap, seated at a table with glasses and coffee cups. The senator also shared images of the meeting on his own social media accounts.

Bukele reaffirmed that Ábrego will remain in El Salvador and will not be returned to the United States.

“Now that his health has been confirmed, he has earned the honor of remaining under the custody of El Salvador,” Bukele added.

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Former U.S. President Donald Trump criticized the senator’s meeting with Ábrego on Truth Social, calling Van Hollen “a fool” for advocating for Ábrego’s return to the U.S.

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International

Pope Francis Appears for Easter Blessing, Calls for Peace and Religious Freedom

Pope Francis, still recovering from pneumonia, appeared on the balcony of St. Peter’s Basilica in the Vatican on Easter Sunday and, with a faint voice, wished a “Happy Easter” to the thousands of faithful gathered to celebrate the Resurrection of Christ.

A month after being discharged from a lengthy hospital stay, the presence of the 88-year-old pontiff had remained uncertain, with the Vatican not confirming his attendance ahead of time.

Eventually, the pope made a brief appearance in a wheelchair shortly after 12:00 p.m. (10:00 GMT) to deliver his traditional “Urbi et Orbi” blessing (“to the city and to the world”).

Although no longer wearing an oxygen cannula, the Argentine Jesuit relied on a close aide to read his Easter message, which touched on major global conflicts.

Francis condemned the “dramatic and unworthy humanitarian crisis” in Gaza and called for a ceasefire, while also expressing concern over the “growing climate of antisemitism spreading across the globe.”

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He further emphasized the importance of religious freedom and freedom of thought, stating that without mutual respect, “peace is not possible.”

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International

Thousands rally nationwide against Trump’s threat to U.S. democracy

Thousands of protesters gathered on Saturday (April 19, 2025) in major cities like New York and Washington, as well as in small communities across the United States, in a second wave of demonstrations against President Donald Trump. The crowds denounced what they view as growing threats to the country’s democratic ideals.

In New York City, demonstrators of all ages rallied in front of the Public Library near Trump Tower, holding signs accusing the president of undermining democratic institutions and judicial independence.

Many protesters also criticized Trump’s hardline immigration policies, including mass deportations and raids targeting undocumented migrants.

“Democracy is in grave danger,” said Kathy Valyi, 73, the daughter of Holocaust survivors. She told AFP that the stories her parents shared about Adolf Hitler’s rise to power in 1930s Germany “are happening here now.”

In Washington, demonstrators voiced concern over what they see as Trump’s disregard for long-standing constitutional norms, such as the right to due process.

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