+ UN running out of cash
On Thursday, the secretary general of the United Nations said that its cash supply had been severely depleted.
“Our cash flow has never been this low so early in the calendar year, and the broader trend is also concerning,” Secretary-General António Guterres said in an internal memorandum to employees shared with The New York Times. “We are running out of cash sooner and staying in the red longer.”
The United States, by far the biggest single contributor at 22 percent of the budget, has not paid yet.
The United States negotiated a reduction of over $285 million for the 2018-2019 fiscal year. "The inefficiency and overspending of the United Nations are well known,” she said at the time. “We will no longer let the generosity of the American people be taken advantage of or remain unchecked.”
Under Article 19 of the United Nations Charter, if a member is in arrears in an amount that equals or exceeds the assessment due for the previous two years, that member could forfeit its General Assembly vote unless there are extenuating circumstances. Currently, five members are subject to Article 19: Comoros, Guinea-Bissau, São Tomé and Principe, Somalia and Libya. But only Libya has lost its vote.
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