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JULY 30, 2018
The US should not bail out the UN. 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 wont affect their mission. He said he also will be proposing to states various steps to strengthen financial stability at the U.N. Trump administration threats to cut funding do not appear to be directly linked to the cash crunch. Secretary-General spokesman Stephane Dujarric told reporters Thursday that the issue is late payments and payments not yet received to the regular budget.