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UN Chief at virtual G20, “It’s a war… and we don’t win”

[vc_row][vc_column][vc_paragraph text=”In his speech at a virtual summit G20 on COVID-19 pandemic on Thursday, UN Secretary-General Antonio Guterres said, “We are at war with the virus, and we won’t win it”.“][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”The importance of world resources mobilization” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Speaking from New York, Guterres noted that it took three months for the first 100 000 cases of illness, and 12 days for the next 100 000. The 300 000 mark took 4 days, and 400 000 – just one and a half days.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”“That’s an exponential growth, and it’s just a beginning”, he said, “we need a right strategy to confront the threat together with solidarity among G20 and the developing world including the countries involved in pandemic”.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”In his Monday report the UN chief called for global mobilization for fighting against the virus. He underlined the need to stop the coronavirus spreading, “this must be our common task, and we need a well-coordinated process of response leading by the World Health Organization”.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Guterres stressed that all countries should combine systematic testing, monitoring, quarantine, treatment with restrictions on movement and contacts to suppress transmission of the disease. He added that governments should follow the strategy for fighting with COVID-19 unless the vaccine is easily accessible. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Furthermore, Guterres called on general support for increasing the developing countries’ potential, “The UN has a well-oiled supply mechanism, and we are ready to provide it».”][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Human resourses as a main aim” size=”medium”][vc_single_image image=”587″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Guterres then noted the importance of cooperation for minimizing the social and economic consequences.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”“G20 has learned a great deal from 2008 financial crisis. And today’s challenges surpass the 2008 goals as we are facing not a banking crisis but a crisis of human race. Despite the financial system’s liquidity should be supported by all available means, we must focus on disease eradication first. We need to keep afloat households and the solvent entities that can provide employment even if this will require for a global response reaching double-digit percentages of the world economy”, said the UN chief.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Such measures as liquidity injections, social and economic support in developed countries with the direct transfer of resources to citizens and business should also be taken. But Guterres underlined that the stimulus package for developing countries will entail greater financial contributions.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”That’s why we need huge resources of the International Monetary Fund and other international financial institutions including significant emission of special drawing rights, well-coordinated exchanges between central banks and different steps to debt relief such as rejection of interest charges.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Guterres also asked countries to refuse from sanctions which may decrease their ability to fight disease. The call was intended to urge governments to start cooperating and lay the foundation for more sustainable, inclusive and equitable economy guided by the agenda for sustainable development for the period up to 2030. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”“Let us do what must be done, together and urgently”, summed up his report Guterres.”][/vc_column][/vc_row]

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Digital currencies VS cryptocurrencies

[vc_row][vc_column][vc_paragraph text="What’s the difference between cryptocurrency and digital currency? It turns out that many believe these two are the same ...