By J Nastranis
NEW YORK (IDN) – Laszlo Szombatfalvy, a Swedish billionaire of Hungarian origin, is willing to pay US$5 million to anyone who comes up with innovative ideas for revamping the global governance system as currently manifested in the 71-year old United Nations now facing a huge funding challenge from the U.S. with Donald Trump as the President.
It is officially described as ‘The Global Challenges Prize 2017: A New Shape – Remodelling Global Cooperation’. The award has been issued by the Global Challenges Foundation, which is urging “big thinkers, from all disciplines, everywhere” to use their “brainpower” and “best ideas as never before” to “help to reshape our world”.