UN chief slams rich countries’ ‘vicious’ tactics against poor

UN leader Antonio Guterres today slammed the world’s rich countries and energy giants for throttling poor nations with “predatory” interest rates and crippling fuel prices.

Guterres told a summit of the most deprived states on the planet that wealthy nations should provide US$500 billion (RM2.2 trillion) a year to help others “trapped in vicious cycles”  that block their efforts to boost economies and improve health and education.