Bloomberg News

Ban: Old Model for Development Is ‘Broken’

June 21, 2012

UN’s Ban Says ‘Broken’ Economic Model Needs Sustainability Push

Joint Special Envoy for Syria and former United Nations (UN) Secretary General Kofi Annan, UN Secretary General Ban Ki-Moon and Dr. Nabil El-Araby, Secretary-General, League of Arab States, speak during a news conference after the UN Security Council held consultations regarding the UN Supervision Mission in Syria. Photograph: Andrew Burton via Getty Images

The world’s economic model is “broken,” and countries must look beyond their own interests to implement more sustainable policies, United Nations Secretary-General Ban Ki-Moon said. (Source: Bloomberg)

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Cash Is for Losers
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