Ahmadinejad says capitalism faces defeat

Iranian President Mahmoud Ahmadinejad addresses the Millennium Development Goals summit in Manhattan. (Sept. 21, 2010). Credit: Getty Images
Iran’s President Mahmoud Ahmadinejad says capitalism is facing defeat and is calling for an overhaul of the “undemocratic and unjust” global decision-making bodies.
In a speech on the second day of a U.N. anti-poverty summit, the Iranian leader called on world leaders, thinkers and global reformers “to spare no effort” to make practical plans for a new world order.
To spotlight this effort, Ahmadinejad proposed Tuesday that the United Nations name the current decade the Decade for Joint Global Governance.

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Out East Show: Visit The Shamrock evergreen maze, Sannino Vineyard, Seven Ponds Orchard and the Warrior Ranch Foundation NewsdayTV's Doug Geed is heading 'Out East' to showcase the ultimate local spots you need to explore.



