South Africa Forms G-20 Inequality Panel Chaired by Stiglitz

South Africa has set up a panel to tackle extreme wealth inequality as part of its Group of 20 chairmanship, a step that may irk the US.

The Extraordinary Committee of Independent Experts was commissioned by South African President Cyril Ramaphosa and will be chaired by Nobel Prize-winning economist Joseph Stiglitz. It will present its first report on global inequality to G-20 leaders along with possible solutions to address the issue. South Africa is due to host the leaders in November.