UN warns it is ‘running out of cash’ in urgent appeal to members
UNITED NATIONS – United Nations Secretary-General Antonio Guterres says the U.N. is running out of money and is urging members to pay up amid a looming financial crisis for the international body.
In a letter to staff this week, seen by Fox News, Guterres says he has warned member states of a “troubling financial situation facing the United Nations,” which he says is caused by late payments to the U.N. by member states.
“Our cash flow has never been this low so early in the calendar year, and the broader trend is also concerning; we are running out of cash sooner and staying in the red longer,” he says.
Guterres went on to say that the organization will be taking measures to look at reducing costs, in a way that won’t affect their mission. He said he also will be proposing to states various steps to strengthen financial stability at the U.N.
2 Comments
CharlieSeattle
Posted on July 28, 2018 at 6:37 pm
The UN was created with a 3 fatal flaws.
Allowing dictatorships and fascist muslim states in the UN.
Allowing communists states in the UN.
Allowing Russia and China to have veto power.
All free countries should withdraw and stop all funding at once to the UN.
All free countries SHOULD reform under NATO, with one minor change.
Replace Turkey with Israel.
CharlieSeattle
Posted on July 28, 2018 at 6:32 pm
Make the rich arab states pay for all the grief they cause.