“What we have seen today is $16 billion pledged by countries, by charities, foundations and by business for a common goal to end the poverty emergency.”
“Loans under the special liquidity scheme will be increased from £100 billion to at least £200 billion… The largest banks have committed that they will increase their capital by £25 billion, which we will make available to them if they so wish. In addition we will provide at least another £25 billion… We expect to provide at least £250 billion of guarantees.”
“I believe that throughout the ages the fate of the sick and the infirm and the homeless and the hungry has been the test of our world’s compassion, it has been the crucible in which our morality is tested. And we cannot stand aside and have the audacity to say we are one world now, but every three seconds we allow a child to die from extreme poverty… The health inequalities we are talking about are not only unjust, condemning millions of men, women and children to avoidable ill-health, they also limit the development and the prosperity of communities, whole nations and even continents. And so the challenge ahead is not to draw back from our ambitions, but to make them more urgent.
“The one trillion dollar bailout package that President Bush is promising could have wiped out the last traces of poverty, hunger, malnutrition and squalor from the face of the Earth – if only our global leadership prioritised the poor with the same level of urgency as the financial crisis.”