ARGENTINA has passed a one-off wealth tax to help pay for relief packages linked to the coronavirus pandemic.
The move, approved by senators on Friday night, applies a 3.5 per cent levy on wealth held within Argentina and 5.35 per cent on wealth held abroad.
It will apply to those with assets exceeding 200 million pesos (£1.8 million), an estimated 12,000 people in the country of 45 million.

Morning Star editor BEN CHACKO reports from the start of Kunming’s Belt and Road media forum, where 200 journalists from 71 countries celebrated a new openness and optimism, forged by China’s enormous contribution to global development

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