The Global Economic Crisis issue
Alexandra Basha, intern at UNRIC, UK & Ireland desk, in Brussels
We all recognize that we are in the midst of a global economic crisis and are all feeling its effects. Stocks have plummeted; large financial institutions have either been bought out or gone bankrupt; and even the richest countries in the world have resorted to creating rescue packages to save their economies. Major businesses (from GM to AIG) are near collapse. Unemployment is hitting record highs in this century. People have seen their life savings evaporate in just a few short months. Foreclosures are leaving entire neighborhoods like ghost towns.
What started in the United States in mid 2008 has rapidly crept to all corners of the world. This crisis is far from over and we still have a lot of work to do. As Ban Ki-moon said above, one should not focus only on the richest countries -- there is a need to find solutions for everyone.
Due to the overwhelming negative effects this crisis has had globally, we decided to dedicate this 6th issue of Internal Voices to the global economic meltdown. We wanted to hear the opinions and suggestions that UN interns around the world have on this topic. Articles range from the effects of the crisis on their countries to how one can save money and the environment (written by interns working on UNRIC’s latest campaign: CoolPlanet).
After reading this issue, we hope that you will have a better understanding of the causes and consequences of the global economic crisis that has struck the world and, instead of casting blame, we can work together to find effective solutions to end this crisis as rapidly as possible. ■
Alexandra Basha, intern at UNRIC, UK & Ireland desk, in Brussels
We all recognize that we are in the midst of a global economic crisis and are all feeling its effects. Stocks have plummeted; large financial institutions have either been bought out or gone bankrupt; and even the richest countries in the world have resorted to creating rescue packages to save their economies. Major businesses (from GM to AIG) are near collapse. Unemployment is hitting record highs in this century. People have seen their life savings evaporate in just a few short months. Foreclosures are leaving entire neighborhoods like ghost towns.
What started in the United States in mid 2008 has rapidly crept to all corners of the world. This crisis is far from over and we still have a lot of work to do. As Ban Ki-moon said above, one should not focus only on the richest countries -- there is a need to find solutions for everyone.
Due to the overwhelming negative effects this crisis has had globally, we decided to dedicate this 6th issue of Internal Voices to the global economic meltdown. We wanted to hear the opinions and suggestions that UN interns around the world have on this topic. Articles range from the effects of the crisis on their countries to how one can save money and the environment (written by interns working on UNRIC’s latest campaign: CoolPlanet).
After reading this issue, we hope that you will have a better understanding of the causes and consequences of the global economic crisis that has struck the world and, instead of casting blame, we can work together to find effective solutions to end this crisis as rapidly as possible. ■
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