financial

Financial, climate crises could threaten development gains in Asia-Pacific – UN

Challenges facing the Asia-Pacific region – the food, energy and financial crises, as well as climate change – could unravel development successes, a top United Nations official warned today.

On Volunteer Day, UN officials celebrate ''great reserve of energy and initiative''

Communities should harness the energy and initiative of the thousands of volunteers who contribute to projects around the world, including critical United Nations activities, senior UN officials said today as they marked the day dedicated to those who give their time and efforts for free to help others.

Countries making progress ahead of UN development forum – Assembly President

Countries are reaching some consensus on the key issues ahead of this weekend’s critical United Nations conference on the need to strengthen financing for development for poor countries amid a time of global economic turmoil, General Assembly President Miguel D’Escoto said today.

UN forum aims to ensure adequate funds to meet development goals despite crisis

Representatives of governments, business and civil society are set to meet this weekend in Doha, Qatar, at a United Nations conference focusing on ensuring sufficient financing to meet key development goals amid mounting concern about the impact of the current global economic slowdown on poor nations.

Ban welcomes global leaders' call for joint action on financial crisis

Secretary-General Ban Ki-moon has welcomed the commitment made by world leaders to take joint measures to tackle the global financial crisis.

Ban urges swift action to prevent financial crisis from spinning into 'human’ one

Secretary-General Ban Ki-moon today urged the leaders of the so-called Group of 20 (G-20) nations to take speedy steps to ensure that the current financial turmoil does not deepen human suffering worldwide.

General Assembly President unveils details of panel probing global financial system

General Assembly President Miguel D’Escoto today announced the full composition of a high-level task force he is setting up to examine possible reform of the global financial system, including the International Monetary Fund (IMF) and the World Bank, in the wake of the current economic turmoil.

Urgent action needed before global financial crisis worsens, Ban warns

Immediate action is needed to prevent the current financial crisis from becoming a “human tragedy,” resulting in political and security challenges that would overwhelm the current economic problems, warned Secretary-General Ban Ki-moon ahead of this weekend’s meeting of the so-called Group of 20 (G-20) nations.

World Bank pledges up to $130 billion for poor countries in financial crisis

The World Bank Group is to substantially increase support for developing countries by as much as $130 billion over the next three years to help them weather the spreading global financial crisis.

Financial crisis threatens push to boost global health, says top UN official

The current financial turmoil, exposing the high level of interdependence among countries, could threaten to derail the momentum towards improving global health, the head of the United Nations World Health Organization (WHO) warned today.