Physical Atmosphere

[PhatMack19]

Here to go...This is why I said we need to kick the UN out of the country 

 

Quote:

The United Nations Secretary-General, Antnio Guterres, has announced the creation of a fund for addressing the global coronavirus pandemic and he is simultaneously asking nations to contribute the equivalent of at least 10 percent of the annual income of the entire planet to a massive "human-centered, innovative and coordinated stimulus package" that would be administered at the international level.

Although Guterres doesn't state it explicitly, he seems to be connecting the new fund, which he calls a "dedicated COVID-19 Response and Recovery Fund," with the massive stimulus package plan, announcing both measures in the same press release.

If countries were to accept the plan, the United Nations or some similar coordinating agency would be given the equivalent of approximately 8.7 trillion USD, an unprecedented amount that would be 2,900 times greater than the UN's annual budget of 3 billion USD.

The proposed plan would effectively place a global agency, presumably the UN itself, in charge of propping up the economies of the world during the coronavirus crisis, placing it in charge of 10% of global income

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Quote:

Shared responsibility, global solidarity

The document, titled "Shared responsibility, global solidarity: Responding to the socio-economic impacts of COVID-10," describes the speed and scale of the outbreak, the severity of cases, and the societal and economic disruption of the coronavirus.

Secretary-General Antnio Guterres launched the report with a dire warning about the scope of the crisis. "COVID-19 is the greatest test that we have faced together since the formation of the United Nations," he stressed, noting that the virus is "attacking societies at their core, claiming lives and people's livelihoods."

The UN Chief underscored the importance of focusing on the most vulnerable by designing responses that, among other things, provide health and unemployment insurance and social protections while also bolstering businesses to prevent bankruptcies and job losses.

The recovery from COVID-19 must lead to an economy focused on building inclusive and sustainable economies that are more resilient in facing pandemics, climate change, and the many other global challenges, he added.