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UN facing ‘worst cash crisis’ in nearly a decade.Warns staff could go unpaid.
NYTIMES ^
| 10/12
| Sam Merideth
Posted on 10/12/2019 12:00:57 AM PDT by DeathBeforeDishonor1
The United Nations (UN) is facing its worst cash crisis in nearly a decade because almost one-third of its member states have not paid their annual dues, according to Secretary-General Antonio Guterres.
Speaking in front of the UNs budget-setting Fifth Committee on Tuesday, Guterres said the situation was so desperate that last months General Assembly in New York was only possible because of emergency spending cuts made earlier in the year.
The organization is facing a severe financial crisis, Guterres said.
To be more specific, a severe liquidity crisis. The equation is simple: without cash, the budget cannot be properly implemented.
UN spokesperson Stephane Dujarric said in a statement published Tuesday that, by the end of September, member states had paid only 70% of the total assessment for the regular budget.
Vacant posts cannot be filled, travel will be limited to essential travel only, meetings may have to be canceled or deferred.
Guterres also warned that the situation would not only impact operations in the main hubs of New York, Geneva, Vienna and Nairobi, but also regional commissions.
(Excerpt) Read more at nytimes.com ...
TOPICS: Breaking News; Miscellaneous
KEYWORDS: winning
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To: Cecily
St. Helena, where Napoleon Buonaparte spent his final days, would be a good choice for the UN HQ.
81
posted on
10/12/2019 8:50:17 AM PDT
by
reg45
(Barack 0bama: Gone but not forgiven.)
To: DeathBeforeDishonor1
82
posted on
10/12/2019 8:57:29 AM PDT
by
wastedyears
(The left would kill every single one of us and our families if they knew they could get away with it)
To: DeathBeforeDishonor1
He who pays the piper, should call the tune.
83
posted on
10/12/2019 9:05:53 AM PDT
by
BeauBo
To: DeathBeforeDishonor1
need to conserve their cash to build a fleet of giant space arks to send their people into outer spaceKnights of Sidonia has you covered.
84
posted on
10/12/2019 9:11:42 AM PDT
by
wastedyears
(The left would kill every single one of us and our families if they knew they could get away with it)
To: Nothingburger
its a toss up for me whether me tear it down and build anew, or do some kind of adaptive reuse. I tend to favor the former.You're not only tearing down the building to redevelop the land for something actually useful, you're tearing down the symbol of the UN. You're basically tearing down globalism and telling it it's not welcome in the United States.
85
posted on
10/12/2019 9:13:42 AM PDT
by
wastedyears
(The left would kill every single one of us and our families if they knew they could get away with it)
To: DeathBeforeDishonor1
86
posted on
10/12/2019 9:39:36 AM PDT
by
HotHunt
(Been there. Done that.)
To: roadcat
The UN could save more money by eliminating the so-called Human Rights Commission. But, it can’t because to do so would hamper getting out its’ message of anti-semitism.
87
posted on
10/12/2019 9:43:52 AM PDT
by
JGPhila
To: SaveFerris
Im kinda joking. F them! and I am NOT joking.
88
posted on
10/12/2019 9:46:25 AM PDT
by
unixfox
(Abolish Slavery, Repeal the 16th Amendment)
To: DeathBeforeDishonor1
"UN facing worst cash crisis in nearly a decade.Warns staff could go unpaid."
89
posted on
10/12/2019 9:50:58 AM PDT
by
catnipman
(Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
To: DeathBeforeDishonor1
“DO NOT PANIC! Greta Thunberg can put on a star studded Charity Benefit or something”
indeed. she can get the gang together and they can put on a show in her uncle’s unused barn behind the house ...
90
posted on
10/12/2019 9:52:01 AM PDT
by
catnipman
(Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
To: DeathBeforeDishonor1
The 9/11 knife wielding terrorists missed a building
91
posted on
10/12/2019 9:53:35 AM PDT
by
Karliner
(Jeremiah 29:11, Romans 8:28 Isa 17 "This is the end of the beginning" W Churchill)
To: dp0622
But now Chicago can’t call up the UN to help “solve” their murder and shootings crisis.
To: DeathBeforeDishonor1
I hear Iran has a few extra billion it could kick in.
93
posted on
10/12/2019 10:04:38 AM PDT
by
NormsRevenge
(Semper Fi - Monthly Donors Rock!!!)
To: DeathBeforeDishonor1
Best News I’ve heard in a looooong time !!
94
posted on
10/12/2019 10:07:35 AM PDT
by
xenia
("In times of universal deceit, telling the truth becomes a revolutionary act." George Orwell)
To: DeathBeforeDishonor1
Woo! Hoo! Party Time!
95
posted on
10/12/2019 10:11:13 AM PDT
by
SisterK
(its a spiritual war)
To: SisterK
The un is running out of money? Hahahahaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa.
96
posted on
10/12/2019 10:14:47 AM PDT
by
hal ogen
(First Amendment or Reeducation Camp???)
To: DeathBeforeDishonor1
The US taxpayers probably pay for most of the UN’s lavish expenses. I’d like to see the accounting....wouldn’t you?
97
posted on
10/12/2019 10:15:01 AM PDT
by
xenia
("In times of universal deceit, telling the truth becomes a revolutionary act." George Orwell)
To: SisterK
The un wants more American Taxpayers' money? How DARE you!
98
posted on
10/12/2019 10:16:15 AM PDT
by
hal ogen
(First Amendment or Reeducation Camp???)
To: SisterK
We'll call a WHAAAAAAAmbulance for them 🚑😂
99
posted on
10/12/2019 10:16:24 AM PDT
by
Jane Long
(Praise God, from whom ALL blessings flow.)
To: DeathBeforeDishonor1
Hmm...OK, I’m in for a twenty toward a one-way ticket out of the country for the lot of them. That’s “essential travel”.
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