Economy
World / Countries / MNCs
UN Secretary-General António Guterres on Monday called for increased action to deliver $500 billion a year in affordable, long-term financing to developing countries at the eighth World Investment Forum held in Abu Dhabi. more
Financial system must evolve in ‘giant leap towards global justice’: Guterres

Developing countries are buckling under high debt and exorbitant borrowing costs, that prevent them from reviving their economies, UN chief António Guterres said on Thursday.

Guterres calls for accelerated action on jobs, poverty eradication

New York: Almost two years into the COVID-19 crisis, a huge divergence in the recovery is undermining global trust and solidarity, according to a new policy brief on jobs and poverty erad ...

Guterres urges ‘decisive action’ to stave off debt crisis in developing world

New York: Though significant steps have been taken to prevent debt crises across the world sparked by the COVID-19 crisis, they have not been sufficient to restore economic stability in m ...

UN chief in ‘support migrants’ plea, as remittances drop by 20 per cent predicted

New York: Marking International Day of Family Remittances, The UN Secretary-General, António Guterres, has released a message appealing for “people everywhere” to suppo ...

Global economy: 'we must do everything possible' to avoid global 'fracture' caused by US-China tensions, urges Guterres

New York: Tensions around global trade and technology continue to rise and the international community needs to “do everything possible” to prevent the world being split into ...

UN ‘financial crisis,’ years in the making, Guterres tells budget body, proposes solutions

New Delhi, June 7 (JEN): The UN’s financial crisis has been years in the making and is undermining the organization’s mandates and reform efforts, Secretary-General Antó ...