{"id":114369,"date":"2023-05-22T09:15:23","date_gmt":"2023-05-22T06:15:23","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/un-chief-says-its-time-to-reform-security-council-bretton-woods\/"},"modified":"2023-05-22T09:15:23","modified_gmt":"2023-05-22T06:15:23","slug":"un-chief-says-its-time-to-reform-security-council-bretton-woods","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/un-chief-says-its-time-to-reform-security-council-bretton-woods\/","title":{"rendered":"UN chief says it\u2019s time to reform Security Council, Bretton Woods"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/114369\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\nU.N. Secretary-General Antonio Guterres said on Sunday that it was time to reform both the Security Council and Bretton Woods to align with the &#8220;realities of today&#8217;s world&#8221;. Speaking at a press conference in Hiroshima, Japan, where the Group of Seven summit meeting had been held, Guterres said both institutions reflected the power relations of 1945 and needed to be updated. &#8220;The global financial architecture became outdated, dysfunctional and unfair,&#8221; he said. &#8220;In the face of the economic shocks from the COVID-19 pandemic and the Russian invasion of<\/p>\n<p>Ukraine, it has failed to fulfil its core function as a global safety net.&#8221; Guterres also spoke of how he felt that at the G7 summit there was a growing consciousness among developing countries that not enough was being done to reform outdated institutions or &#8220;remove the frustrations&#8221; of the Global South. India&#8217;s economy will grow over 6% this year and next, the International Monetary Fund said in its World Economic Outlook this January.<\/p>\n<p>China and India together will account for about 50% of world growth in 2023, IMF chief economist and director of the research department Pierre-Olivier Gourinchas said at the time. The wealthy G7&#8217;s economic clout has also shrunk in the past 30 years, accounting for 29.9% of global GDP in 2023 compared to 50.7% in 1980, according to the IMF. &#8220;We will see now what is the impact of the discussions that were held here in Hiroshima,&#8221; Guterres said. &#8220;The G7 members were able to discuss with some of the most important emerging economies in the world.&#8221;<\/p>\n<p>G7 host Japan made a point of inviting figures from the so-called Global South to Hiroshima for talks. Invitees included Indian Prime Minister Narendra Modi, Brazil&#8217;s President Luiz Inacio Lula da Silva and Indonesian President Joko Widodo.<\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.reuters.com\/world\/un-chief-says-its-time-reform-security-council-bretton-woods-2023-05-21\/\">Reuters<\/a> <\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vaufien\/un-chief-says-its-time-to-reform-security-council-bretton-woods\/\">UN chief says it\u2019s time to reform Security Council, Bretton Woods<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[680,1960,577,521,402,606,607,608],"class_list":["post-114369","post","type-post","status-publish","format-standard","hentry","category-news","tag-chief","tag-council","tag-reform","tag-security","tag-un","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/114369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=114369"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/114369\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=114369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=114369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=114369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}