UN Chief Guterres delivers fiery rebuke of global finance, champions permanent African seat on Security Council
UN Secretary-General António Guterres has unleashed a scathing indictment of the world's financial architecture, slamming it as "deeply unfair" for saddling African nations with borrowing costs three times higher than those of wealthy countries – even as many boast stronger growth prospects and financial stability. Speaking at the inauguration of the United Nations Nairobi Expansion Project in Gigiri, Guterres framed the disparity as a colonial hangover from 1945, when Africa's voice was absent from the founding of key institutions like the UN Security Council (UNSC) and the Bretton Woods system. "It is not acceptable that African countries pay more than…
