UN chief urges business to help poor nations

UN Secretary-General Antonio Guterres has appealed to business leaders to support developing countries "in their hour of need" with access to Covid-19 vaccines, help to combat the climate crisis and reform of the global financial system."Across all three of these areas, we need the support, the ideas, the financing and the voice of the global business community," the UN chief said.

"We cannot afford this kind of instability," said Guterres, who began a second five-year term as UN chief on January 1. "We need a global financial system that is fit-for-purpose. This means urgent debt restructuring and reforms of the long-term debt architecture," Guterres said.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Former Anglo chief Drumm’s Skerries home on market for €650,000 | Business PostThe disgraced executive was released from prison last year after serving a sentence for involvement in fraud at the bank
Source: businessposthq - 🏆 8. / 71 Read more »

Ministers approved €53k salary boost for new Horse Racing Ireland chief | Business PostSuzanne Eade was appointed to the role late last year on an annual wage of €190,000, despite the starting salary for the position being €137,356
Source: businessposthq - 🏆 8. / 71 Read more »

Enterprise Ireland chief: global supply chain backlog ‘to continue for another year’ | Business PostLeo Clancy also says sustainability has risen high on the agenda of Irish companies in his first year in the role of chief executive
Source: businessposthq - 🏆 8. / 71 Read more »