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UN chief calls for 'massive investments' for Pakistan recovery

Monday, January 9, 2023

GENEVA (Reuters) -U.N. Secretary-General Antonio Guterres on Monday called for massive support to help Pakistan with a $16 billion rebuilding effort following devastating floods, saying the country had been the victim of climate chaos and the global financial system.

Officials from some 40 countries as well as private donors and international financial institutions are gathering for a meeting in Geneva as Islamabad seeks support in what is expected to be a major test case for who pays for climate disasters.

September's floods, which are still receding, killed at least 1,700 people and displaced around 8 million.

"We must match the heroic response of the people of Pakistan with our own efforts and massive investments to strengthen their communities for the future," Guterres said in opening remarks.

"Pakistan is doubly victimized by climate chaos and a morally bankrupt global financial system," he added, calling for creative ways for developing countries to access debt relief and financing.

Pakistan's Prime Minister Shehbaz Sharif called for a new "coalition of the willing" to provide the country with a lifeline, saying it needed $8 billion over the next three years.

In a video message, France President Emmanuel Macron pledged $10 million in additional aid support.

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01-10-2023 12:57:01 (UTC+7)

EUR/USD

1.0572

+0.0013 (+0.12%)

Summary

↑ Sell

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Sell (11)

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EUR/USD

1.0572

+0.0013 (+0.12%)

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↑ Sell

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Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (7)

GBP/USD

1.2201

+0.0004 (+0.03%)

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Sell (9)

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Buy (3)

Sell (6)

USD/JPY

149.38

+0.10 (+0.06%)

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Neutral

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Buy (6)

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Indicators:

Buy (2)

Sell (4)

AUD/USD

0.6438

+0.0015 (+0.23%)

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↑ Buy

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Sell (0)

Indicators:

Buy (5)

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USD/CAD

1.3575

+0.0089 (+0.66%)

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↑ Buy

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Buy (7)

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EUR/JPY

157.92

+0.17 (+0.11%)

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EUR/CHF

0.9677

+0.0010 (+0.10%)

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Neutral

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Buy (1)

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Gold Futures

1,864.60

-14.00 (-0.75%)

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Silver Futures

22.390

-0.351 (-1.54%)

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Neutral

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Copper Futures

3.7340

+0.0260 (+0.70%)

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↑ Buy

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Buy (9)

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Crude Oil WTI Futures

90.77

-0.94 (-1.02%)

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Brent Oil Futures

92.09

-1.01 (-1.08%)

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Natural Gas Futures

2.930

-0.015 (-0.51%)

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US Coffee C Futures

145.23

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Sell (12)

Indicators:

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Sell (9)

Euro Stoxx 50

4,173.35

+11.79 (+0.28%)

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Sell (9)

S&P 500

4,288.05

-11.65 (-0.27%)

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Sell (10)

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DAX

15,386.58

+63.08 (+0.41%)

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Sell (8)

FTSE 100

7,608.08

+6.23 (+0.08%)

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Indicators:

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Sell (9)

Hang Seng

17,822.00

+471.00 (+2.71%)

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Buy

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Buy (8)

Sell (4)

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Buy (3)

Sell (2)

US Small Cap 2000

1,785.10

-9.21 (-0.51%)

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IBEX 35

9,428.00

+1.20 (+0.01%)

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Sell (10)

BASF SE NA O.N.

42.950

+0.305 (+0.72%)

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↑ Sell

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Buy (2)

Sell (7)

Bayer AG NA

45.45

+0.10 (+0.22%)

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Sell (5)

Allianz SE VNA O.N.

225.70

-2.85 (-1.25%)

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Sell

Moving Avg:

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Sell (12)

Indicators:

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Adidas AG

166.62

+9.76 (+6.22%)

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Sell (12)

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Buy (0)

Sell (7)

Deutsche Lufthansa AG

7.506

-0.023 (-0.31%)

Summary

Neutral

Moving Avg:

Buy (1)

Sell (11)

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Buy (5)

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Siemens AG Class N

135.66

+0.08 (+0.06%)

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Moving Avg:

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Deutsche Bank AG

10.450

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Sell (6)

 EUR/USD1.0572↑ Sell
 GBP/USD1.2201↑ Sell
 USD/JPY149.38Neutral
 AUD/USD0.6438↑ Buy
 USD/CAD1.3575↑ Buy
 EUR/JPY157.92↑ Sell
 EUR/CHF0.9677Neutral
 Gold1,864.60↑ Sell
 Silver22.390Neutral
 Copper3.7340↑ Buy
 Crude Oil WTI90.77↑ Sell
 Brent Oil92.09↑ Sell
 Natural Gas2.930↑ Sell
 US Coffee C145.23↑ Sell
 Euro Stoxx 504,173.35↑ Sell
 S&P 5004,288.05↑ Sell
 DAX15,386.58↑ Sell
 FTSE 1007,608.08↑ Sell
 Hang Seng17,822.00Buy
 Small Cap 20001,785.10↑ Sell
 IBEX 359,428.00↑ Sell
 BASF42.950↑ Sell
 Bayer45.45↑ Sell
 Allianz225.70Sell
 Adidas166.62↑ Sell
 Lufthansa7.506Neutral
 Siemens AG135.66↑ Sell
 Deutsche Bank AG10.450↑ Sell
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Cập nhật 01-10-2023 12:57:03
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Cập nhật lúc 12:51:30 01/10/2023
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