Democracy, Featured, Global, Global Governance, Headlines, Human Rights, IPS UN: Inside the Glasshouse, TerraViva United Nations Opinion Reprint | | Print | WASHINGTON DC, Aug 11 2025 (IPS) - With the ink hardly dry on the Pact for the Future outcome for modernizing global governance from last September’s Summit of the Future, the United Nations’ long-standing financial crisis has morphed into an extreme liquidity crisis.