UNITED NATIONS – More than 140 countries are agreeing on a blueprint for a global response to the world's worst economic crisis in 70 years, giving the U.N. a new role in representing hard-hit developing countries but leaving some demands by rich and poor countries unmet.
Near the end of a three-day financial summit on Friday, General Assembly President Miguel D'Escoto Brockmann asked members to approve a resolution adopting the 15-page document. When there were no objections, he banged his gavel, approving the final document by consensus as delegates burst into applause.
The document is not legally binding. But it makes clear that a solution to the economic crisis cannot be left just to major industrialized nations — it must include the views of all 192 U.N. member states.