UN leaders urge ‘wholesale reform’ of global financial architecture

UN leaders urge ‘wholesale reform’ of global financial architecture

Addressing a high-level meeting of the General Assembly on debt sustainability, António Guterres outlined the crippling impact of debt on developing economies. “No example of the international financial architecture’s failure is more glaring than its handling of debt. The last four years have been nothing short of a debt disaster,” he said. He noted that…

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World News in Brief: ‘Reckless attacks’ on Ukraine nuclear plant must cease, Chibok abductions 10 years on, action against plant pests

World News in Brief: ‘Reckless attacks’ on Ukraine nuclear plant must cease, Chibok abductions 10 years on, action against plant pests

Rafael Grossi told ambassadors that the first direct attacks since the Russian invasion began. earlier this month, on what is Europe’s largest nuclear facility, constituted a “step change increase in risk to nuclear safety and security”. Although the damage from drone strikes on the Russian-occupied power plant’s Unit 6 reactor building was superficial, it sets…

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Yemen’s plight echoes broader Middle East crisis, says UN Envoy

Yemen’s plight echoes broader Middle East crisis, says UN Envoy

Hans Grundberg underscored the urgent need for de-escalation, warning of the perilous consequences of overlooking Yemen’s fragile stability amidst the broader regional crisis. “We cannot risk Yemen’s chance for peace, becoming collateral damage,” he told ambassadors at the UN Security Council. “If we leave Yemen’s political process in the waiting room and continue down this…

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