U.N. Says It’s in Danger of Financial Collapse Because of Members’ Unpaid Dues
AI Summary
The United Nations is facing a potential financial collapse and could run out of money by July 2026 if member states, particularly the United States, fail to pay their annual dues. Secretary-General António Guterres warned member states of the "imminent financial collapse," stating the situation is more dire than previous financial struggles. If the dues are not paid, the UN may be forced to shut down its New York headquarters by August, cancel the annual General Assembly in September, and close the Office for the Coordination of Humanitarian Affairs. The United States owes approximately $2.2 billion, representing about 95% of the total amount owed to the UN. The General Assembly authorized a $3.45 billion budget for 2026, covering peace and security, sustainable development, and human rights.
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