Sharp Daily
No Result
View All Result
Thursday, May 22, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Key takeaways from President Ruto’s UN General Assembly address

Judd Mutua by Judd Mutua
September 22, 2023
in News
Reading Time: 2 mins read

In his address to the 78th Session of the United Nations General Assembly, President William Ruto articulated the urgent need for a collective reassessment of multilateralism in the face of its repeated failures and the current global crises.

The president’s speech, titled ‘Multilateralism on Trial’ set out a critique and a blueprint, according to reports.

Here are the key takeaways that he highlighted:

1. President Ruto set the stage by highlighting the stress that the current rules-based order has faced over the past decade. He pointed out that with constant natural disasters not being met with an adequate global response, countries were turning away feeling abandoned in their hour of need. He argued that the very essence of multilateralism, as envisioned by the United Nations, was currently under scrutiny due to its inability to address the present global agenda effectively.

RELATEDPOSTS

Spain demands repayment of KES 1.2billion debt from Kenya

January 10, 2024

What a visa-free entry to Kenya implies

December 15, 2023

2. The President painted a somber picture of a world grappling with poverty, fear, suffering, and humanitarian distress caused by conflict, climate-related disasters, and deadly disease outbreaks, according to reports. He argued that these issues resulted from the violation of essential principles and the neglect of humanity’s core values, which were enshrined in the UN charter.

Read more: UK firm signs deal for Kenya’s largest hydroelectric dam

3. The head of state reportedly highlighted the failures of peace and security systems, limited climate action, and inadequate development in a world characterized by technological advancement and vast wealth. He contended that these shortcomings had plunged humanity into one of its darkest periods.

4. The speech underscored the crucial need for global solidarity, collective action, and a reaffirmation of multilateralism to address the world’s challenges effectively, according to reports. President Ruto said that narrow, insular agendas must be set aside for the greater good.

5. President Ruto criticized exclusive geopolitical formations that undermine the UN system’s values and principles, resulting in alienation and mistrust among nations, it was reported.

6. He called for reform of the UN Security Council, describing it as dysfunctional, undemocratic, and unrepresentative, and incapable of delivering meaningful progress, according to reports.

Read more: Controller of Budget: Kenya’s debt addiction derails development dreams

7. The President reportedly attributed the pervasive mistrust in the international arena to broken promises, unfulfilled commitments, and the disregard for resolutions and principles.

8. He highlighted Africa’s unwavering commitment to peace and conflict resolution, citing recent achievements in Sudan, the DRC, Ethiopia, and South Sudan, as well as Kenya’s proactive role in mediating international conflicts, it was reported.

9. Expressing solidarity with Haiti, President Ruto reportedly called on the international community to support the country in overcoming its challenges, particularly in terms of security.

10. In the speech he reportedly set out urgent needed reforms to the global financial architecture, calling for a debt restructuring initiative, more concessional loans and liquidity support, and a reorganization of the financial market.

11. He argued a global carbon tax on trade in fossil fuels combined with an emissions levy on air and sea transportation with an optional global financial transactions tax would allow for massive investment in green infrastructure at a large scale, according to reports.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

UK firm signs deal for Kenya’s largest hydroelectric dam

Next Post

Ways to make your small business profitable

Judd Mutua

Judd Mutua

Judd Mutua is a journalist with wide ranging interests ranging from the world of finance to the latest in tech and business news. Off duty you can find him reading his favorite books and manga. Send tips via jmutua@thesharpdaily.com

Related Posts

News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025
News

The downside of Impact Investing

May 2, 2025
News

Leadership challenges at the University of Nairobi

April 24, 2025
News

Easter eggs and earnings: Growing your nest egg with CMMF

April 16, 2025
News

Geoffrey Ruku declares KES 377M net worth during CS vetting

April 15, 2025

LATEST STORIES

Senator Gloria Orwoba’s seat declared vacant

May 21, 2025

Real yields vs. nominal yields on Kenya’s government bonds

May 21, 2025

Boost employee retention and save on costs with CURBS

May 21, 2025

The rise of the circular economy

May 21, 2025

Why outsourcing is the smart move for today’s businesses.

May 21, 2025

Financial literacy is key to youth economic resilience in Kenya

May 21, 2025

Navigating the fallout of foreign aid reductions

May 20, 2025

Kenya signs recruitment deal with UK Crown dependencies

May 20, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024