Economic issues

The General Assembly would demand that Israel stop exploiting, depleting and endangering the natural resources in the occupied Arab lands, by the terms of one of five draft resolutions approved today by the Second Committee (Economic and Financial).

International financial stability was tied to the regulation of financial institutions so they did not accumulate too much risk, José Antonio Ocampo, Professor in the School of International and Public Affairs at Columbia University, today told the Second Committee (Economic and Financial).

Over the next decade, new technologies, including artificial intelligence, data analytics, robotics, and synthetic biology, would start to improve productivity, the Director of Scanning and Foresight at Policy Horizons Canada told the Second Committee today.

Resuming its 2013 substantive session, the Economic and Social Council met this morning to fill vacant seats in its subsidiary bodies and to take action on draft proposals.

People and institutions with “deep pockets” were more likely to invest in businesslike models effecting social change because they tended to be more efficient and results-oriented, Tokunboh Ishmael, Co-Founder and Managing Director of Alitheia Capital, told the Second Committee (Economic and Financial) today.

Financial resources remained the “lifeblood” to meeting development goals, the General Assembly President told the Second Committee (Economic and Financial) today as it concluded its general debate on sustainable development.

The post-2015 development agenda must be built on a solid foundation guaranteeing the intrinsic right to sustainable development for all countries, several delegates told the Second Committee (Economic and Financial) today as it began its two-day debate on the matter.

Climate change was the greatest threat to the livelihoods, security and well-being of her region and it was time to act, the representative of Kiribati told the Second Committee (Economic and Financial) today.

The global South was leading the post-crisis economic recovery, several heads of the United Nations Regional Commissions told the Second Committee (Economic and Financial) today during their annual dialogue.

Israel’s practices were not random but systematic, in line with a deliberate policy to force the displacement of Palestinians from their towns and villages and take control of their land, the Observer of the State of Palestine said today to the Second Committee (Economic and Financial).