Ban Ki-Moon began his 5-year term on Tuesday as the new Secretary General of the United Nations. Though he says he begins with feelings of hope and promise, he acknowledges the scope of work ahead of him.

Ban Ki-Moon: "I start my duties at a daunting time in international affairs. I hope that we'll be able to resolve peacefully as soon as possible on these very serious issues."

Ban Ki-Moon, former foreign minister of the Republic of Korea, and new Secretary General of the United Nations speaking to the U-N press corps in New York on his first day in office.