secretary

52 Nations Going through Financial Catastrophe, Outdated, Dysfunctional and Unjust International Monetary Infrastructure: UN Secretary Normal

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UN Secretary-Normal António Guterres stated the worldwide monetary panorama wanted main overhaul, with dozens of nations in dire financial straits. In his speech on the G7 summit in Japan, Guterres stated that whereas organizations just like the Worldwide Financial Fund (IMF) comply with the legislation and function by the e-book, international monetary guidelines themselves are … Read more

UN Secretary Normal Says World Monetary System ‘Outdated, Dysfunctional, Unfair’ — Requires Reforms

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United Nations Secretary-Normal António Guterres mentioned the present worldwide monetary system is “outdated, dysfunctional and unfair.” He emphasised: “There’s a systemic and unfair bias within the world financial and monetary framework in favor of wealthy international locations, which naturally creates nice frustration in growing international locations.” UN Secretary Normal Requires World Monetary System Reform United … Read more

Treasury Secretary Yellen Confirms US May Default On June 1st — Goldman Sachs Expects ‘Actual Deadline’ A Week Later

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US Treasury Secretary Janet Yellen insisted that the US might default on its debt obligations by June 1. “I believe it is a robust deadline,” he mentioned. In the meantime, international funding financial institution Goldman Sachs estimates that the “actual deadline” for a doable US default is “extra like” June 8-9. Yellen and Goldman Sachs … Read more