Two Pillars early ‘25: Ridiculousness

While the U.S. has pulled out from the Global Tax Deal early 2025, threatening taking countermeasures, the latest batch of Inclusive Framework (IF) documents state several times that the IF countries accept the Pillar Two Model Rules and guidance and everything that is devised within the IF context as part of the 'common approach' in the 2021 Global Tax Deal. In the meanwhile, a resolution was adopted within the UN just before Christmas 2024 to further the envisaged UN Framework Convention on International Tax Cooperation out of dissatisfaction with how things transpired within the Inclusive Framework. So, what could be a nice term to describe all this, what we see happening here before our eyes, in a somewhat cheerful-pessimistic, almost resigned way?