00:00What we see today is that instability, fragility, you could even call it, it has an impact on worldwide growth rates.
00:12The estimated growth rates for the world economy are between 2.6 and 2.7 percent.
00:18This is the lowest it has ever been since the 1960s.
00:23The impact of that, you definitely feel it in the most fragile countries.
00:29And that's approximately one quarter of the world's population.
00:33And so when the economy slows down, it has a very broad impact.
00:38And so that definitely we feel.
00:42And I think that understanding that even the great powers in the world at some point will understand that the current fragility and the current uncertainty leads to the fact that a lot of investment is not taking place.
00:57And the economy thrives when there is a certain basic level of trust in the fact that the rules will be respected.
01:05That's a debate for now.
01:08I'm not that pessimistic about it.
01:10I think that at some point everyone will understand that if you want to reconnect with growth, you'll need a basic set of rules.
01:16When you refer to a great power, I guess you refer to the United States and the fact that they're donating and giving less to the United Nations.
01:22Is that what you mean?
01:23Yes, they're donating less to the United Nations, but my organization is engaging with the United States because we know that some of the priorities they have, we can play a role in that.
01:36And I think the United Nations need to put themselves as a, we are a service provider.
01:41And if some say that on certain dimensions we need to get better, my response is, okay, game on, let's talk and let's prove what we are capable of.
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