UN chief says it's time to reform Security Council, Bretton Woods

UN chief says it's time to reform Security Council, Bretton Woods

UN Secretary-General António Guterres said on Sunday (21 May) that it was time to reform both the Security Council and Bretton Woods to align with the "realities of today's world".

According to UN Secretary-General Antonio Guterres, the time has come to reform both the UN Security Council and the monetary and financial system Bretton Woods to adapt them to “the realities of today's world.”

U.N. chief says it's time to reform Security Council, Bretton Woods

U.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 "realities of today's world". Speaking at a press conference in Hiroshima, Japan, where the Group of Seven summit meeting had been held, Guterres said both institutions…

UN Chief Says it's Time to Reform Security Council, Bretton Woods

U.N. Secretary-General calls for reforming Security Council and Bretton Woods to align with today's realities. Learn about the outdated institutions, frustrations of the Global South, and the impact of G7 discussions.

It's time to reform the Security Council: UN Secretary-General Guterres

Guterres, while speaking to reporters in Hiroshima at the G7 meeting, said the crushing economic impact of the COVID-19 pandemic, the climate crisis, Russia's invasion of Ukraine, unsustainable levels of debt, rising interest rates and spiralling inflation are devastating developing and emerging economies.

Antonio Guterres wants to reshape the UN Security Council. He demands the same for the global monetary system. Both are no longer up to date and reflect the balance of power in 1945.