Connect with us

News

Other Countries Fail to Pay Up — Now the UN is ‘Running Out of Cash’

The United Nations is “running out of cash sooner and staying in the red longer” according to U.N. Secretary-General António Guterres.

Currently, the U.N. is facing a funding deficit of nearly $140 million. According to The Guardian, Guterres told state members and their staff that the U.N. has “never faced such a difficult cash flow situation this early in the calendar year.”

The cash shortage, according to Guterres, is a problem caused by other nations’ delayed contributions to the regular budget. The secretary added that this funding shortage will not only impact their operations, but it could damage their reputation.

Many U.S. conservatives don’t appear to feel too bad for the U.N.:

Although the funding deficit is not the fault of the U.S., there has been increased tension between President Donald Trump’s administration and the U.N.

When the United States decided to move its Israeli embassy to Jerusalem, members of the U.N. voted to condemn the decision. This vote did not sit well with President Trump and U.N. Ambassador Nikki Haley:

As a result of the vote, President Trump and Ambassador Haley threatened to strip funding from the nations that chose to vote against the United States’ decision to move their embassy:

Former U.N. diplomat Hugh Dugan told Fox News this cash shortage is not the fault of the U.S. failing to pay, but rather because “other countries mimic the U.S., and what they hear has led them to go slow on support and check writing.”

Although the Trump administration has had its differences with the U.N., according to Dungan, the administration has continued to fund the U.N. at “historic levels.”

Continue Reading
Advertisement
6 Comments

6 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

CF