The Global South Gains Strategic Impact After BRICS XV Summit

By P.I. Gomes *The writer is a former Secretary-General of the Organisation of African, Caribbean & Pacific States (OACPS). PORT OF SPAIN, Tobago. 22 September 2023 (IDN) — When the XVth Summit of the BRICS—Brazil, Russia, India, China, South Africa—concluded with the Johannesburg II Declaration, it agreed that six new members would join the group […]

Caribbean Leaders Want Urgent Reform of the Global Financial Structure

By Linda Hutchinson-Jafar PORT OF SPAIN, Trinidad. 21 September 2023 (IDN) — In a resounding call to action, leaders in the Caribbean Community (CARICOM) have urged the international community to swiftly embark on comprehensive reforms of the global financial system to create a conducive environment that empowers developing nations to address inequities and achieve the […]

UN Chief Wants $500 Billion Annual Development Fund, Financial Reforms

By Arul Louis* UNITED NATIONS. 18 September 2023 (IDN) — UN Secretary-General António Guterres on Monday renewed his call for the reform of the “outdated, dysfunctional and unfair” World Bank and the International Monetary Fund (IMF) and for a $500 billion stimulus fund for the world organisation’s Sustainable Development Goals (SDGs). Speaking at the opening […]

India Steers G20 Towards Supporting Global South’s SDG Push

By Kalinga Seneviratne SINGAPORE. 13 September 2023 (IDN) — In a rare demonstration of consensus, Russia and the US welcomed the New Delhi Declaration of the G20 summit on 10 September that did not condemn Russia for its invasion of Ukraine. Instead, they focused on the development challenges facing the global community. Russian Foreign Minister […]

The World Must Come Together to Address Global Challenges

By Kristalina Georgieva and Ajay Banga Following are excerpts from the Joint Statement issued by Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), and Ajay Banga, President of the World Bank, on 7 September 2023. WASHINGTON, DC. 8 September 2023 (IDN) — The world confronts significant economic challenges, the existential threat of climate […]

Albania, As UNSC Chair, To Launch Private Sector Alliance for Humanitarian Aid

By Arul Louis* United Nations. 2 September 2023 (IDN) — Albania, which holds the presidency of the Security Council this month, is planning to launch a platform for the private sector to work with the world organization in providing humanitarian assistance, according to the nation’s Permanent Representative Ferit Hoxha. On 1 September, he said that […]

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