United Nations Reportedly Facing Financial Collapse, Identifies Month It May Deplete Funds

United Nations Reportedly Facing Financial Collapse, Identifies Month It May Deplete Funds


The United Nations said it’s on the brink of financial collapse and would run out of money by July due to unpaid dues.

“Senior U.N. officials said that if the cash ran out, the agency would be forced to shut down its landmark headquarters in New York by August,” The New York Times reports.

U.N. Secretary-General António Guterres issued the warning to ambassadors in a letter last week.

UN risks ‘imminent financial collapse’, secretary general warns https://t.co/gi4aXWCZjg

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More from The New York Times:

The U.N. Security Council, a 15-member body responsible for maintaining international peace and stability, convenes its meetings at U.N. headquarters.

It would also have to cancel the annual General Assembly gathering of world leaders

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