international organizations may no longer be fit for purpose

international organizations may no longer be fit for purpose


Canada’s former Prime Minister Justin Trudeau said at CNBC’s CONVERGE LIVE in Singapore Thursday that international financial institutions were “spectacularly ill-adjusted” to respond to events like the Middle East conflict.

“You can look to different places around the world to realize that those institutions, whether it was the WTO or the IMF or what have you, aren’t necessarily fit for purpose in our decades now,” Trudeau told CNBC’s Mandy Drury.

This is a breaking news story and will be updated shortly.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.



<

Leave a Reply

Your email address will not be published. Required fields are marked *