US Edition
US Skips Global UN Meeting Aimed at Raising Trillions of Dollars to Combat Poverty
- On June 17 in Barcelona, more than 70 world leaders gathered for a four-day Financing for Development meeting to address the gap between rich and poor nations.
- After months of negotiations on the Seville Commitment, the United States announced its refusal to endorse the final document and withdrew from both the ongoing process and the conference on June 17.
- Delegates unanimously adopted the Seville Commitment calling for a minimum 15% tax revenue of GDP, tripling multilateral development bank lending, and scaling up private investment in infrastructure to help close the financing gap.
- U.S. representative Jonathan Shrier highlighted several major concerns with the text, including its interference in governance, plans to triple lending capacities, and proposed U.N. involvement in debt issues, while emphasizing continued dedication to international cooperation.
- The meeting emphasized that debt repayments by developing nations will reach $947 billion this year, intensifying the global debt crisis and posing greater challenges to achieving the U.N.'s Sustainable Development Goals.
Insights by Ground AI
Does this summary seem wrong?
71 Articles
71 Articles
All
Left
13
Center
45
Right
4
Tulsa WorldReposted by 
Albany Democrat Herald
Albany Democrat HeraldUS skips global meeting on fighting poverty
BARCELONA, Spain — Leaders of many of the world's nations, but not the United States, gathered Monday in Spain to tackle the growing gap between rich and poor nations and try to drum up trillions of dollars needed to close…
·Tulsa, United States
Read Full Article
The Virgin Islands Daily News+23 Reposted by 23 other sources
US skips global UN meeting aimed at raising trillions of dollars to combat poverty
BARCELONA, Spain — Leaders of many of the world’s nations, but not the United States, gathered Monday in Spain to tackle the growing gap between rich and poor nations and try to drum up trillions of dollars needed to close…
·Cherokee County, United States
Read Full Article
The Post and CourierReposted by 
Pittsburgh Post-Gazette
Pittsburgh Post-GazetteU.S. skips global U.N. meeting aimed at raising trillions of dollars to combat poverty
BARCELONA, Spain — Leaders of many of the world’s nations, but not the United States, gathered Monday in Spain to tackle the growing gap between rich and poor nations and try to drum up trillions of dollars needed to close…
·Charleston, United States
Read Full Article
Coverage Details
Total News Sources71
Leaning Left13Leaning Right4Center45Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
L 21%
C 73%
Factuality
To view factuality data please Upgrade to Premium
