US mortgage crisis, rising prices spell financial turmoil – Assembly president

The sub-prime mortgage market collapse in the United States, rising oil and commodity prices and other factors could combine to hamper the economies of developing countries, the President of the United Nations General Assembly said today.

General Assembly President cites ‘compelling’ need for change within UN

While the United Nations has a leading role in advancing global issues such as development and poverty eradication, the world body must be strengthened to respond more effectively to today’s challenges, the President of the General Assembly said today.

General Assembly approves nearly $4.2 billion UN budget despite US opposition

Capping off days of intensive negotiations, the General Assembly has adopted a two-year budget of $4.17 billion for the United Nations, with the United States casting the lone negative vote.

UN human rights chief endorses Assembly call for moratorium on death penalty

The United Nations High Commissioner for Human Rights (UNHCR) today welcomed the General Assembly’s resolution calling on all States to establish a moratorium on the use of the death penalty.

General Assembly makes tangible progress to revitalize itself, its President says

The 192-member General Assembly is well on the road to revitalizing its role within the United Nations, where the 15-member Security Council makes the binding decisions, and is planning major debates in the coming year on issues ranging from climate change to development funding to management reform, its President said today.

Secretary-General welcomes Assembly’s call for death penalty moratorium

Secretary-General Ban Ki-moon has welcomed today’s adoption by the General Assembly of a resolution calling for a moratorium on the death penalty, saying he is heartened by signs that capital punishment will eventually be abolished worldwide.

Momentum on Security Council reform must not falter – Assembly President

Stressing the primary ownership and responsibility of Member States for reshaping the Security Council, General Assembly President Srgjan Kerim today urged countries to maintain the current momentum in a process that has been languishing for over a decade.

Revitalized General Assembly crucial for tackling global problems, says President

Underscoring its role as the chief deliberative, policymaking and representative organ of the United Nations, the President of the General Assembly today urged Member States to impart new vigour into the 192-member body to make it stronger and more efficient.

UN declares 20 February as World Day of Social Justice

Recognizing the need to promote efforts to tackle issues such as poverty, exclusion and unemployment, the United Nations General Assembly has decided to observe 20 February annually – starting in 2009 – as the World Day of Social Justice.

Secretary-General to attend Middle East peace conference next week

Secretary-General Ban Ki-moon today announced plans to attend next week’s Middle East peace conference in Annapolis, United States, voicing hope that the talks will provide the impetus for final status negotiations between the Israelis and the Palestinians.