The General Assembly today agreed to convene a high-level conference on the impact of the world financial and economic crisis on development, from 1 to 3 June at Headquarters.

UN: General Assembly

Last month the Organization for Economic Cooperation and Development said the financial crisis will probably push the world's most industrialized countries into their worst recession since the early 1980s.

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Recognizing that young people are suffering most from the economic and financial crisis, the Forum was devoted entirely to social development strategies for youth of the Caribbean against the backdrop of the global crisis.

UNESCO: Social and Human Sciences

And even amid the global financial crisis, Mr Trump has given strong signals that the development will proceed, saying the people of Scotland would be "extremely happy" with the final product.

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It hadn't been that long since his family had experienced rough financial times after losing their residential development business in the housing crisis.

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Meanwhile, French Green MEP Sandrine Belier said the EU must push for "a new model of development" to come out of the crisis, including a financial transaction tax and green taxation.

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London's development pipeline is at its strongest since the residential boom of 2006 and 2007, just before the financial crisis hit, says real-estate company Drivers Jonas Deloitte.

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