Saturday, January 28, 2023

Guterres Asks US And China To Avoid A Billion Dollar Great Global Fracture

Davos (Switzerland), 18 January. In his speech at the Davos Forum today, the Secretary-General of the United Nations, Antonio Guterres, asked that the United States and China stop campaigning along their growing divide, which he calls the “Great Fracture” which, according to experts, is costing them dearly. Could $1.4 trillion to the global economy.

“We risk a disconnection of the world’s two largest economies, a rift of tectonic dimensions that will create two trade rules, two major currencies, two internet networks and two conflicting artificial intelligences,” Guterres warned in his speech before the Economic and Political can build strategies. leaders.

“There are many ways in which China-US relations diverge, especially on issues of human rights and regional security, but it is possible and necessary that they converge on climate action, trade and technology to avoid such divergence.” engage with, and even have the potential for confrontation in the future,” he said.

As major emitters of greenhouse gases, Guterres called on the rest of the G20 countries, as well as China and the US, to unite around a climate deal, with additional efforts not to exceed the 1.5 degree increase in average temperature. Are included. Planets.

major decade against climate change

The battle to keep the limits set out in the Paris Agreement “could be won or lost in this decade, and at the moment we are losing it,” warned the UN chief, who recalled that at the current rate it could take more than 2 centuries. There will be a .8 degree rise, “with catastrophic consequences.”

“Parts of our planet will become uninhabitable, and for many people it will be a death sentence,” Guterres said. Nothing to stop it.

“As happened with the tobacco industry, they were stunned by their own scientific findings, they told a colossal lie, and now those responsible must be held accountable, as the tobacco people once did,” he declared. Of.

Guterres painted a bleak picture of a world hit by multiple crises at once: recession, inflation, economies in many countries still not recovering from the pandemic, and conflicts like Ukraine that “cause untold suffering not only to Ukrainians”. rather it has a profound global impact.”

Many perils in a divided world

“All of these challenges are interconnected, piled up like a multi-car wreck, and it would be hard to find a solution in better times, especially now that the world is far from united and instead focused on geopolitical experiencing great levels of division and mistrust,” he expressed.

The secretary-general also called for reforms of a global financial system that “systematically denies debt relief and favors financing to vulnerable countries that desperately need it.”

They called on the global private business sector to transform their models and practices so that they contribute to achieving the Sustainable Development Goals, which include “expanding economic opportunities for women”, “achieving equality in the distribution of vaccines” and ” Achieving Global Food Security”. ,

Nation World News Desk
Nation World News Desk
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