UN Chief Urges Reform of Security Council and Global Financial System at G7 Summit.

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Source: POLITICO Europe
UN Chief Urges Reform of Security Council and Global Financial System at G7 Summit.
Photo: POLITICO Europe
TL;DR

UN Secretary-General António Guterres has called for the reform of the UN Security Council and the global financial system to reflect the current world order. Guterres criticized the outdated and unfair global financial architecture, which has failed to act as a global safety net during the COVID-19 pandemic and the Russian invasion of Ukraine. The UN Security Council has also come under fire for its ineffectiveness due to Russia's veto power.

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