


BARCELONA
Nations meet to drum up trillions to combat poverty
BARCELONA, Spain >> Many of the world’s nations are gathering starting Monday in Spain for a high-level conference to tackle the growing gap between rich and poor nations and try to drum up trillions of dollars needed to close it. The United States pulled its participation, so finding funding will be tough.
The four-day meeting in the southern city of Seville is taking place as many countries face escalating debt burdens, declining investments, decreasing international aid and increasing trade barriers.
“Financing is the engine of development. And right now, this engine is sputtering,” United Nations Secretary-General Antonio Guterres said in his opening comments at the conference.
— The Associated Press