Latest Developed Countries News & Updates

UN Chief Calls for Security Council and Financial Institutions Reform

By

United Nations, Jan 15 (IANS) The trend of developing countries growing faster economically compared to the developed countries calls for reforming the Security Council and the international financial institutions, Secretary-General Antonio Guterres said on Thursday.“Every day, the share of global GDP held by developed economies shrinks, bit by bit. Every day, emerging economies grow – in size, in strength, in influence. Every day, South-South trade pulls further ahead of North-North trade,”…