World leaders continue to articulate their points of view on pressing global issues, in the High level segment of the UN General Assembly. Issues ranging from climate change, poverty and sustainable development, terrorism, human rights, situation in Libya, Palestinian issue, impact of economic slow down are in the focus, besides, reforms in the UN Security Council. The debate which began on Wednesday is expected to be addressed by more than 120 heads of State or government.Presenting the annual report in the General Assembly, the UN Secretary General Ban Ki-moon called on leaders to reach a binding climate change agreement, one with more ambitious national and global emissions targets, and to take urgent action on cutting emissions and on adaptation.Referring to Middle East he called for breaking the stalemate between Palestine and Israel and pledged full support to help achieve peace through a negotiated settlement.In his address US President Obama opposed the Palestinian Authority’s bid for statehood through the Security Council. He urged the international community to continue to push Israelis and Palestinians toward talks on the issues that have hampered peace negotiations since 1979. French President Nicolas Sarkozy however called for a General Assembly resolution that will upgrade the Palestinians to observer status.Addressing the session Brazilian President Ms. Dilma Rousseff warned unless governments take urgent steps to deal with the ongoing global economic crisis, a grave political and social rift could open up between countries and peoples.