In a speech to the General Assembly, UN Secretary-General António Guterres condemned the global concentration of wealth, calling the control of resources by the richest 1% “morally indefensible.” He linked this extreme inequality to growing global instability and the violation of international laws. Guterres urged nations to reform global financial and political systems to address these disparities and support the world’s most vulnerable populations.
Date: January 15, 2026. Source: apnews.com