Close Menu
    Trending
    • Efficient and Accurate Prediction of Cosite Isolation on Large Platforms
    • America’s Most Dangerous Volcano Threat Looms
    • Nicole Kidman’s ‘AI’ Vogue Cover Gets Surgeon’s Verdict
    • UK parliament probe into Farage resumes after polls win
    • Liverpool to sell minority stake to consortium including Jeff Bezos | Football News
    • Preorder Understanding The World Economy
    • Delaware Takes On Pennsylvania in Little League Championship
    • Taylor Frankie Paul’s Ex-Husband Makes Stunning Request
    Ironside News
    • Home
    • World News
    • Latest News
    • Politics
    • Opinions
    • Tech News
    • World Economy
    Ironside News
    Home»Latest News»Guterres warns UN faces ‘imminent financial collapse’ | United Nations News
    Latest News

    Guterres warns UN faces ‘imminent financial collapse’ | United Nations News

    Ironside NewsBy Ironside NewsJanuary 30, 2026No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    UN chief Antonio Guterres calls on member states to deal with unpaid dues and overhaul world physique’s monetary guidelines.

    UN Secretary-General Antonio Guterres has warned that the United Nations faces “imminent monetary collapse” amid unpaid annual dues and different points.

    Al Jazeera on Friday reviewed a letter Guterres despatched to all UN member states earlier this week, warning them that the worldwide physique confronted a grave monetary disaster.

    Really useful Tales

    record of three objectsfinish of record

    The letter urged member states to comply with overhaul the UN’s monetary guidelines or settle for “the very actual prospect of the monetary collapse of our Group” and known as on them to pay their annual dues.

    Requested concerning the letter throughout a information briefing on Friday afternoon, a UN spokesperson mentioned that, “in terms of paying, it’s now or by no means”.

    “We shouldn’t have the type of money reserves and the type of liquidity to maintain functioning as we’ve finished in earlier years – and that is one thing that the secretary-general has warned with growing energy every year,” Farhan Haq advised reporters.

    Whereas Guterres didn’t blame a particular nation for the UN’s monetary troubles, his enchantment comes as United States President Donald Trump has moved to slash Washington’s funding for multilateral establishments.

    Trump, whose administration announced plans this month to withdraw from a number of UN businesses, additionally just lately launched his so-called “Board of Peace” initiative, which some consultants have mentioned goals to sideline the UN.

    “Trump’s board seems to be a sort of pay-to-play, international membership, judging from the $1 billion payment for everlasting membership,” Louis Charbonneau, the UN director at Human Rights Watch, recently warned.

    “As a substitute of handing Trump $1 billion checks, governments ought to work collectively to guard the UN and different establishments established to uphold worldwide human rights and humanitarian legislation, the worldwide rule of legislation, and accountability,” Charbonneau mentioned.

    The annual dues UN member states should pay are set in line with every nation’s gross home product (GDP), debt and different components.

    The US accounts for 22 % of the core funds, adopted by China with 20 %.

    However by the top of 2025 there was a report $1.57bn in excellent dues, Guterres mentioned, with out naming the international locations that had not paid.

    “Both all Member States honour their obligations to pay in full and on time – or Member States should essentially overhaul our monetary guidelines to stop an imminent monetary collapse,” he mentioned.

    In early January, the UN approved a $3.45bn budget for 2026 – down 7 % from final yr, as the worldwide physique regarded to scale back prices amid its monetary challenges.

    Nonetheless, Guterres warned within the letter that the organisation may run out of money by July.

    One of many issues is a rule now seen as antiquated, whereby the worldwide physique has to credit score again lots of of hundreds of thousands of {dollars} in unspent dues to states every year.

    “In different phrases, we’re trapped in a Kafkaesque cycle anticipated to present again money that doesn’t exist,” Guterres mentioned within the letter.

    As of Thursday, solely 36 of the 193 UN member states had absolutely paid their common 2026 contributions, the UN says on its website.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleThe Question That Backfired In Cardi B’s Trial
    Next Article FBI begins civil rights probe into Alex Pretti shooting, official says
    Ironside News
    • Website

    Related Posts

    Latest News

    Liverpool to sell minority stake to consortium including Jeff Bezos | Football News

    August 14, 2026
    Latest News

    Mutual defence: The alliances that preceded Turkiye-Pakistan-Saudi pact | Military News

    August 14, 2026
    Latest News

    Huckabee calls Israeli settlers ‘terrorists’: Can US push end Qusra siege? | Human Rights News

    August 14, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Venezuela’s María Corina Machado Is Awarded 2025 Nobel Peace Prize

    October 10, 2025

    Gold And Silver Now Legal Tender In Florida

    May 30, 2025

    Chrissy Teigen Opens Up About Using Ozempic To Battle Grief And Depression

    September 19, 2025

    Prince Harry And Meghan Reportedly Moving Forward With A Diana Film

    January 1, 2026

    Kevin Costner Was Once Put In His Place By Hollywood Icon

    August 4, 2026
    Categories
    • Entertainment News
    • Latest News
    • Opinions
    • Politics
    • Tech News
    • Trending News
    • World Economy
    • World News
    Most Popular

    Palestinian president Abbas urges Hamas to hand over its arms

    April 23, 2025

    In Europe, the ground is being prepared for another genocide | Opinions

    June 14, 2025

    UK’s Former PM Reflects On Ex-Prince Andrew’s Fall From Grace

    February 27, 2026
    Our Picks

    Efficient and Accurate Prediction of Cosite Isolation on Large Platforms

    August 14, 2026

    America’s Most Dangerous Volcano Threat Looms

    August 14, 2026

    Nicole Kidman’s ‘AI’ Vogue Cover Gets Surgeon’s Verdict

    August 14, 2026
    Categories
    • Entertainment News
    • Latest News
    • Opinions
    • Politics
    • Tech News
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright Ironsidenews.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.