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Bloomberg Television11 min

UN Secretary-General Warns of ‘Perfect Storm’ of Global Risks

Antonio Guterres, Jennifer Zabasajja

Interview, Fireside Chat

The UN Secretary General warns of a global "perfect storm" characterized by geopolitical paralysis, the Russia-Ukraine and U.S.-Iran conflicts, accelerating climate change, and uncontrolled artificial intelligence expansion. He calls for urgent reform of the UN Security Council and Bretton Woods institutions to better represent emerging economies and advocates for taxing windfall oil profits to fund a "Loss and Damage" mechanism that currently pales in comparison to industry gains. Furthermore, he urges the establishment of multilateral AI oversight to mitigate existential risks while noting that market forces in the U.S. continue to drive renewable energy adoption despite federal policy shifts.