Tuesday 27th of September 2022

Follow Us

Breaking News

Barbados Prime Minister Mottley calls for inclusive global finance system

 UNITED NATIONS:Mia Amor Mottley, the Prime Minister of Barbados, urged world leaders to “use the power of the pen” and impose natural disaster and pandemic clauses in developing countries’ debt, as well as remove the current barriers to accessing financial assistance from multilateral development banks.

During her speech, Ms. Mottley spoke extensively about the need to reform the ageing global financial architecture to better reflect today’s realities, for instance making it easier for climate-stricken countries to access capital.

The Barbados leader also referred to the United States President’s words earlier this week and supported a reform of the Security Council.

“We call an echo for that, but we go further. We believe that a Security Council that retains the power of veto in the hands of a few, will still lead us to war as we have seen this year, and therefore the reform cannot simply be in its composition but also [must include] the removal of that veto,” she said.

 

 

 Ms. Mottley also called for the reform of the G20 and G7 groups, arguing that Barbados “cannot accept” these “informal committees of governance” when they have no African-descent representation and exclude 1.5 billion people in the world.

“How could it be expected to reflect fairness and transparency in its decision making?”, she underscored.

Finally, the Prime Minister said that world leaders must have mature conversations and speak to their people instead of relying on headlines and soundbites, to avoid a disconnect between the government and the governed.

“With those commitments, we can make a difference in this world and let us do so recognizing that a world that reflects an imperialistic order, hypocrisy and lack of transparency will not achieve that mission, but one that gives us freedom transparency and levelled playing field will allow for a difference,” she concluded.

Related World News

102 bodies found in migrant boat off Syrian shore

 DAMASCUS:A total of 102 bodies have so far been found after a boat carrying illegal migrants capsized off the Syrian shore, while 40 others were still missing, a war monitor reported on Sunday.  Twenty people have been rescued by the Syrian authorities, said the Syrian Observatory for Hum....

At least 15 killed,21 injured in Russian school attack, attacker blew himself up

 MOSCOW: At least 15 people were killed, including seven children, in a shooting at a school in the Russian city of Izhevsk on Monday, TASS news agency reported, citing the Russian Investigative Committee. According to the committee, 14 children and seven adults were injured in the attack at th....

6 killed in typhoon Noru in Philippines

 MANILA:Super typhoon Noru slammed Luzon island in the Philippines with heavy rainfall and winds since Sunday afternoon, leaving six people dead and six others missing, as it blew away from the Southeast Asian country on Monday.  Bulacan province Governor Daniel Fernando said a flash flood....

At least killed in Bolivia accident

 LAPAZ: At least six people died and two were injured on Saturday when two vehicles collided on a highway in the Bolivian department of La Paz, police reported.  The preliminary reports showed the fatal accident was caused by excessive speed, lane invasion, and reckless driving, said the d....

Death toll from Russian school shooting climbs to 13

 MOSCOW: least 13 people were killed, including seven children, in a shooting at a school in the Russian city of Izhevsk on Monday, TASS news agency reported, citing the Russian Investigative Committee.  According to the committee, 14 children and seven adults were injured in the attack at....

Links
Contact
Editor :
Jagadananda Pradhan
Email :
fastmail@yahoo.com
For Ads :
fastmailads@gmail.com
Ph : (+91)6764295999
Contact Us
© 2022 Fast Mail Media Pvt Ltd. All Rights Reserved.
Powered by : FM Media Pvt Ltd.
Developed by : Futuradept Tech