UN / FINANCES
UN Under-Secretary-General for Management Yukio Takasu told reporters today that UN member states owe 2.8 billion US dollars in unpaid assessments to the Organization's budget, with the United States the biggest debtor. UNTV
UN Under-Secretary-General for Management Yukio Takasu told reporters today that UN member states owe 2.8 billion US dollars in unpaid assessments to the Organization's budget, with the United States the biggest debtor. UNTV
The U.S economy continues to recover at a tepid pace. But concerns about the euro area debt crisis and uncertainty over domestic fiscal plans are creating a challenging environment for the world’s largest economy, the International Monetary Fund (IMF) said after wrapping up its annual review of the U.S. economy. IMF
Secretary-General Ban Ki-moon announces that (USD) $11.5 billion was replenished for the Global Fund to fight AIDS, tuberculosis and malaria for the years 2011-13. Ban said this was enough to give “millions of people living in fear a new lease on life." UNTV/ UNAIDS/ UNICEF
Speaking at the Special High-Level Meeting of ECOSOC with the Bretton Woods institutions, the World Trade Organization and the United Nations Conference on Trade and Development, Secretary-General Ban Ki-moon says that “development efforts are sagging under the weight of the crisis” and calls for a reform of the current system of global economic governance. UNTV