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New world economic order a goal at G77+China summit
Key Excerpts from Article on Website of MSN


MSN, June 15, 2014
Posted: July 1st, 2014
http://news.xin.msn.com/en/world/new-world-economic-order-a-...

UN Secretary General Ban Ki-moon on [June 14] opened a Group of 77 plus China summit in Bolivia, with developing countries calling for a more fair new world economic order. Ban spoke to a vast audience that included some 30 heads of government and representatives of more than 100 nations, about two-thirds of the world's countries. The destiny of billions of poor people and the state of the planet depends on their work, Ban told the group. Dignitaries at the event include the presidents of Venezuela, Ecuador, Cuba and host nation Bolivia. China, which is not a G77 member, is participating in the summit, partly in a nod to its expanding trade ties in Latin America. Leaders at the summit are pressing a "fight for fair and sustainable economic growth, and for a new world economic order," said Venezuelan President Nicolas Maduro. Ecuador's President Rafael Correa slammed the current global economic system as morally flawed. "Only when we are united across Latin America and united around the world, will we be able to make our voice heard and change an international order that is not just unfair -- it is immoral," Correa said. The summit closes [with a document that] sets forth ambitious new commitments to reduce poverty and inequality, foster sustainable development, protect sovereignty over natural resources and promote fair trade and technology transfers.

Note: This important news was reported almost nowhere in the US media other than this one MSN article. For more on this, see concise summaries of deeply revealing income inequality news articles from reliable major media sources.


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