United Kingdom : McDonnell calls for radical reform of global institutions ahead of International Social Forum.
John McDonnell MP called for radical reform of global institutions, so that they can respond effectively to climate change, inequality and the displacement of people.
The Shadow Chancellor was speaking ahead of the Labour Party hosting the International Social Forum, a conference of progressive political leaders, campaigners and economists to discuss far reaching institutional reforms.
McDonnell and Labour leader Jeremy Corbyn will speak at the event this weekend, at SOAS, University of London.
This two-day conference is part of internationalising Labours programme to harness the full might of the Treasury in government to tackle climate change, end austerity and erode sky-high inequality.
John McDonnell MP said:
The world is facing a range of challenges that require transnational action and global solutions.
The existing global institutions are proving to be incapable of responding effectively to the existential threat of climate change, the increasingly unaccountable power of multinationals, and the large-scale displacement of people.
Labour has convened an international social forum bringing together politicians, economists and social movement leaders from across the world to launch a new dialogue on the reform of the international institutional architecture needed to tackle the global challenges of the twenty first century.
[c] 2019 Al Bawaba (Albawaba.com) Provided by SyndiGate Media Inc. ( Syndigate.info ).
|Printer friendly Cite/link Email Feedback|
|Date:||Jul 11, 2019|
|Previous Article:||Poland : The European Commission raises GDP growth forecasts for Poland.|
|Next Article:||Poland : Innovators with a greater chance for grants. The NCBR will announce new competitions.|