More than 140 countries agree to give UN role representing poor in solving economic crisis

UNITED NATIONS — More than 140 countries agreed Friday on a blueprint giving the U.N. a new role representing developing countries hit hard by the world’s worst economic crisis in 70 years.

More than 140 countries agree on UN role in solving global economic crisis at financial summit

UNITED NATIONS — More than 140 countries agreed Friday on a blueprint for a global response to the world’s worst economic crisis in 70 years which gives the U.N. a new role in representing hard-hit developing countries but leaves some demands by rich and poor countries unmet.

What happens when a country is bankrupt? UN trade chief calls for global answer

UNITED NATIONS — The U.N. trade chief said Thursday there is a “missing link” in the international financial system that is becoming more critical as the global economic crisis drags on: What happens when a country is bankrupt and can’t pay its debts?

Poor countries call for more money and greater role in regulating world economy at UN summit

UNITED NATIONS — Developing countries have joined U.N. officials in calling for more money and a greater role in regulating the world economy in the wake of the worst global financial crisis since the Great Depression, which has taken a disproportionate toll on poor nations. At Wednesday’s opening of a three-day U.N. financial summit, country after country laid blame for the crisis on financial liberalization and deregulation in the United States and other rich nations and said it was time to reform the world financial system under the auspices of the United Nations.

Poor countries ask rich nations at UN summit for bailout from global economic crisis

UNITED NATIONS — African, Asian and Caribbean countries complained Wednesday that the global economic crisis which they didn’t cause was devastating their countries and urged the rich nations responsible for the meltdown to bail them out.

UN chief says impact of economic crisis could last years, urges help for poor countries

UNITED NATIONS — Secretary-General Ban Ki-moon warned at a U.N. financial summit Wednesday that the impact of the global economic crisis could last for years with millions more families pushed into poverty, and he urged rich nations to mobilize the money to help hard-hit developing countries.

Tentative agreement announced on final document for UN financial summit

UNITED NATIONS — The General Assembly president announced tentative agreement on a blueprint for a global response to the world’s worst economic crisis in 70 years which would make the United Nations a player in promoting recovery, especially in hard-hit poor countries.

Developing countries press for UN to represent world’s poor in tackling economic crisis

UNITED NATIONS — The global financial crisis is being tackled by the eight major industrialized nations, the 20 key economic powers, and regional groups. Now, the U.N. General Assembly is getting into the act — and developing countries are pressing for the 192-member world body to become a key player in representing the world’s poor who have been hard-hit by the economic meltdown.

UN financial summit attracts 14 world leaders, and negotiators struggle over final document

UNITED NATIONS — The president of the U.N. General Assembly postponed a financial summit aimed at giving the developing world a bigger voice in tackling the global economic crisis in hopes of attracting more world leaders. To date, he hasn’t succeeded.