UN leader Antonio Guterres has condemned the world's Rich Countries for throttling poor nations with predatory interest rates and crippling fuel prices. Guterres said that $500 billion a year should be provided by wealthy nations to help others trapped in vicious cycles. The LDCs have long complained that they did not get their fair share of Covid vaccines that were concentrated on Europe and North America. The UN will "keep pushing for the resources already promised" to help poorer states overcome their problems.
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