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Showing posts with the label UN call for united economic front.

UN call for united front amid fears of worst economic recession.

UN Photo/Mark Garten Stock markets around the world have been losing value as the coronavirus outbreak worsens.         22 July 2020 With multilateral cooperation under strain, senior UN officials, Nobel laureates and eminent academic experts, gathered virtually on Wednesday for the launch of a new report recommending “an adjusted approach” to economic development, and a policy dialogue exploring how countries can recover from COVID-19, in ways that lead to real structural transformation. ‘Parallel threats’ “Parallel threats linked to health, economic and social crises have crippled countries and left us at a standstill”, said Liu Zhenmin, Under Secretary-General for Economic and Social Affairs ( DESA ), as he presented a new report by the High-level Advisory Board on Economic and Social Affairs. Titled  Recover Better: Economic and Social Challenges and Opportunities , it analyses economic trends critical to the achiev