After months of negotiations, the United Nations Conference on the Financial and Economic Crisis and its Impact on Development closes today, June 26th, 2009. Civil society organizations are seriously disappointed in the result of the Conference and the official outcome document. In no way do the results of the Conference measure up to the actions needed to address the scale and depth of the economic meltdown, most evident in the jobs crisis, particularly in developing countries.
[see more]

"The major financial actors and monitoring agencies operating during the build-up to the current crisis must be asked to evaluate, acknowledge and respond to their role in the crisis, held accountable for their policies and actions, and stripped of their power to make and impose policy that is directly or indirectly injurious to the countries of the South" says the statement.
[see more]