December 1, 2021

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Cuban foreign minister calls for new financial system to overcome poverty

Cuban foreign minister calls for new financial system to overcome poverty

Cuban Foreign Minister Bruno Rodriguez emphasized today that eradicating poverty and saving the world depends on the creation of a financial system that is “honest, equitable and humane”, as acknowledged by historic leader Fidel Castro.

On his Twitter account, the Secretary of State, directly at International Day for the Eradication of Poverty, He resumed the speech of the then President of Cuba on June 29, 1999, at the Summit of Heads of State and Government of Latin America and the Caribbean, in the European Union.

More than just a ‘new structure’ for an old and outdated system, the urgent matter is to tear down the well-established financial system to the foundations and create a truly honest, democratic, equitable and humane system that will help end poverty and save the world” and Fidel Castro shouted.

The day before, UN Secretary-General António Guterres warned that this is an evil that is on the rise for the first time in two decades, affected by inequality between North and South.

Noting that the COVID-19 pandemic increased poverty by nearly 120 million people last year, Guterres called for its eradication, over-indebtedness, and investment for recovery in countries most in need.

In addition, she noted that women in extreme poverty far outnumber men and that the 22 richest individuals in the world have accumulated more wealth than all women in the African region.

Although the first celebration was held in Paris, France, in 1987, the United Nations declared in 1992 the International Day for the Eradication of Poverty.