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Mandela Day – UN Secretary-General António Guterres ‘’stings’’ the world; says 26 richest people own half of global wealth … Calls for a New Global Deal, based on fair globalization;

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  GLOBAL POWER RELATIONS: And we see inequality this in global power relations. Africa has been a double victim. First, as a target of the colonial project. Second, African countries are under-represented in the international institutions that were created after the Second World War, before most of them had won independence. The nations that came out on top more than seven decades ago have refused to contemplate the reforms needed to change power relations in international institutions. The composition and voting rights in the United Nations Security Council and the boards of the Bretton Woods system are a case in point. More than 70 per cent of the world’s people are living with rising income and wealth inequality. The 26 richest people in the world hold as much wealth as half the global population. High levels of inequality are associated with economic instability, corruption, financial crises, increased crime and poor physical and mental health. African countries are under-represented in the international institutions that were created after the Second World War But let’s not fool ourselves. The legacy of colonialism still reverberates. The world is in turmoil. Economies are in freefall. We have been brought to our knees – by a microscopic virus. The pandemic has demonstrated the fragility of our world. It has laid bare risks we have ignored for decades: inadequate health systems; gaps in social protection; structural inequalities; environmental degradation; the climate crisis. Entire regions that were making progress on eradicating poverty and narrowing inequality have been set back years, in a matter of months. The virus poses the greatest risk to the most vulnerable: those living in poverty, older people, and people with disabilities and pre-existing conditions. Health workers are on the front lines, with more than 4,000 infected in South Africa alone. I pay tribute to them. TACKLING THE INEQUALITY PANDEMIC: A NEW SOCIAL CONTRACT FOR A NEW ERA …… Annual Nelson Mandela Day Lecture 2020: Secretary-General Guterres’s full speech  Excellencies, distinguished guests, friends,  It is a privilege to join you in honouring Nelson Mandela, an extraordinary global leader, advocate, and role model. I thank the Nelson Mandela Foundation for this opportunity and commend their work to keep his vision alive. And I send my deepest condolences to the Mandela family, and to the government and people of South Africa, on the untimely passing of Ambassador Zindzi Mandela earlier this week. May she rest in peace. I…

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