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World Leaders Call for Measures in View of Financial Crisis
World leaders on Tuesday appealed for measures to prevent the globalization of the financial crisis and the slowdown of development, as well as to encourage the struggle against poverty. The calls were made during the 63rd session of the UN General Assembly.
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World leaders on Tuesday appealed for measures to prevent the globalization of the financial crisis and the slowdown of development, as well as to encourage the struggle against poverty. The calls were made during the 63rd session of the UN General Assembly.
In New York, at the so-called Crystal Palace of the United Nations, the French AFP news agency points out that the financial earthquake presently shaking world markets —with its epicentre in the United States— was the center of attention at the meeting of the top world forum.
The source indicates that UN Secretary General Ban Ki-Moon opened the session by warning that the planet is facing a “challenge of leadership” in dealing with the financial storm, which comes on top of an energy, food and environmental crisis.
“I see a danger in nations looking more inwardly instead of to a common future,” said Ban. UNGA president Miguel d’ Escoto warned that the current financial crisis, added to the increase in the price of food and human devastation caused by natural phenomena, will bring serious consequences to the fulfilment of the Millennium Goals for Development.
Another report by EFE highlights that Brazilian President Luiz Inácio Lula da Silva dedicated a good part of his speech to the financial crisis and to the need for each country to assume its responsibilities.
“The global nature of this crisis implies that the solutions we adopt must also be global, and determined in legitimate and credible multilateral forums, without being imposed,” warned Lula.
A summary by the British news agency Reuters points out that during the first day of the annual UN meeting, world leaders criticized the excesses of the global system of free enterprise, which Washington for a long time has been defending as the recipe for economic growth and prosperity.
According to the Prensa Latina news agency, Argentinean president Cristina Fernández called for reforms that guarantee multilateralism in international relations, in view of a more unstable world.
The Cuban delegation to the meeting is headed by First Vice-president José Ramón Machado Ventura, who participated on Monday in the session devoted to Africa.
The UNGA began its debates on Tuesday attended by more than 120 heads of state and government, foreign ministers and senior-level officials from the 192 member countries.
On this occasion the international meeting focuses on two main issues:
the impact of the world food crisis on poverty and hunger, and the democratization of the United Nations, according to the website of the top world organization.
The high-level debates will run for six days and will end on Monday, September 29.
In addition to presentations at the plenary session, it is estimated that there will be some 1,500 bilateral meetings between member states.
A total of 27 leaders of member nations are scheduled to address
participants during today’s session.
In New York, at the so-called Crystal Palace of the United Nations, the French AFP news agency points out that the financial earthquake presently shaking world markets —with its epicentre in the United States— was the center of attention at the meeting of the top world forum.
The source indicates that UN Secretary General Ban Ki-Moon opened the session by warning that the planet is facing a “challenge of leadership” in dealing with the financial storm, which comes on top of an energy, food and environmental crisis.
“I see a danger in nations looking more inwardly instead of to a common future,” said Ban. UNGA president Miguel d’ Escoto warned that the current financial crisis, added to the increase in the price of food and human devastation caused by natural phenomena, will bring serious consequences to the fulfilment of the Millennium Goals for Development.
Another report by EFE highlights that Brazilian President Luiz Inácio Lula da Silva dedicated a good part of his speech to the financial crisis and to the need for each country to assume its responsibilities.
“The global nature of this crisis implies that the solutions we adopt must also be global, and determined in legitimate and credible multilateral forums, without being imposed,” warned Lula.
A summary by the British news agency Reuters points out that during the first day of the annual UN meeting, world leaders criticized the excesses of the global system of free enterprise, which Washington for a long time has been defending as the recipe for economic growth and prosperity.
According to the Prensa Latina news agency, Argentinean president Cristina Fernández called for reforms that guarantee multilateralism in international relations, in view of a more unstable world.
The Cuban delegation to the meeting is headed by First Vice-president José Ramón Machado Ventura, who participated on Monday in the session devoted to Africa.
The UNGA began its debates on Tuesday attended by more than 120 heads of state and government, foreign ministers and senior-level officials from the 192 member countries.
On this occasion the international meeting focuses on two main issues:
the impact of the world food crisis on poverty and hunger, and the democratization of the United Nations, according to the website of the top world organization.
The high-level debates will run for six days and will end on Monday, September 29.
In addition to presentations at the plenary session, it is estimated that there will be some 1,500 bilateral meetings between member states.
A total of 27 leaders of member nations are scheduled to address
participants during today’s session.