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PRESS CONFERENCE BY GENERAL ASSEMBLY PRESIDENT TO DISCUSS UPCOMING CONFERENCE ON WORLD FINANCIAL AND ECONOMIC CRISIS

Posted April 17, 2009
For the first time, the issue of a new financial, economic, monetary and trade architecture would be dealt with in the General Assembly, its President, Miguel d’Escoto Brockmann, said at a Headquarters press conference this morning.

Providing an update on the forthcoming high-level Conference on the World Financial and Economic Crisis and its Impact on Development, which is scheduled for the first three days of June, Mr. d’Escoto characterized it as one of the most important events in the history of the United Nations.  Never since the founding of the Organization had the world faced such a grave economic and financial crisis.  “We still don’t know where the bottom is and the crisis is growing wider and deeper.”  It had been brought about mainly by the social irresponsibility and insatiable greed of a few countries, but the vast majority of Member States that had had nothing to do with it were paying the heaviest price. Read more… Osmosis Jones movie Ruthless People divx

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