economic+crisis

Global economy to rise by 2.4 per cent in 2010, but recovery still ‘fragile’ – UN

The United Nations predicted today that the world economy would bounce back next year with a global growth rate of 2.4 percent, but warned of a risk of a double-dip recession if the wrong policies are implemented.

Ban urges lawmakers to work with UN to pull developing countries out of recession

National parliaments are key allies of the United Nations in its efforts to haul the world’s most vulnerable people out of the global economic crisis, Secretary-General Ban Ki-moon today told an international gathering of lawmakers in New York.

Number of poor in Latin America to rise by 9 million this year, says UN report

Nine million more people in Latin America will fall into poverty this year due to the global economic crisis, bringing the total number of poor in the region to 189 million, or 34 per cent of the population, according to a United Nations report released today.

Arab countries meet at UN-backed forum to save jobs in economic crisis

High-level delegates from 22 countries are taking part in a United Nations-backed three-day Arab Employment Forum in Beirut to consider ways of sustaining jobs and extending social protection in the face of the global economic crisis.

Ban urges investment in women and girls, particularly during economic crisis

Secretary-General Ban Ki-moon has urged countries not to waver in their commitments to women and girls in the midst of the ongoing economic crisis, particularly in ensuring their basic human rights.

Honour billion-dollar aid pledges to world’s poor, Ban tells G20 summit

Secretary-General Ban Ki-moon today called on the leaders of the Group of 20 (G20) major world economies to fulfil their pledges of tens of billions of dollars in aid to the developing and poorer nations.

At UN, Australia says radical reform needed to prevent further financial crises

Working people and their families have borne the brunt of the economic crisis worldwide, Australia has told the General Assembly’s annual high-level debate, calling for an overhaul of global governance to ensure it does not happen again.

World’s poorest deserve special attention amid global crises, says Ban

At a time of multiple global crises, including those related to finances, food and flu, the poorest and most vulnerable deserve special attention by the international community, Secretary-General Ban Ki-moon told world leaders gathered at the United Nations today.

Global financial institutions must be democratized, South Africa says at UN debate

The major international financial and economic arrangements are unfair and have not kept pace with a changing world, South Africa’s President told the United Nations today, calling for the reform of key institutions so that poorer countries have a greater say in how they are run.

Czech leader warns UN against greater regulation in wake of global economic crisis

More extensive government regulation would not prevent a recurrence of the financial crisis that has struck the world over the past year, the leader of the Czech Republic told the General Assembly today, urging policy-makers to be cautious about increasing global governance of the economy.