FinancialfocusHub.com
  • Home
  • Crude Oil
  • Cryptocurrency
  • Forex
  • Funds
  • Gold
  • Insurance
  • News
  • Stocks
No Result
View All Result
  • Home
  • Crude Oil
  • Cryptocurrency
  • Forex
  • Funds
  • Gold
  • Insurance
  • News
  • Stocks
No Result
View All Result
FinancialfocusHub.com
No Result
View All Result
ADVERTISEMENT

The United Nations May Cut 20% of Its Budget and Lay off Nearly 7,000 Employees

jingji05 by jingji05
2025-05-30
in News
The United Nations May Cut 20% of Its Budget and Lay off Nearly 7,000 Employees
ADVERTISEMENT

The United Nations is preparing drastic budget cuts of up to 20% from its $3.7 billion annual budget, potentially eliminating 6,900 jobs, according to an internal document seen by media. The Secretariat has ordered staff to submit detailed reduction plans by June 13 as the global body faces its worst financial crisis in years, largely triggered by funding shortfalls from its largest contributor – the United States.

The financial turmoil stems primarily from the U.S. owing nearly $1.5 billion in unpaid membership dues, compounded by the Trump administration’s diversion of foreign aid funds away from UN humanitarian agencies. As the traditional provider of nearly a quarter of the UN’s budget, America’s withholding of payments has created severe operational challenges for the organization.

ADVERTISEMENT

These unprecedented cuts threaten to cripple essential UN operations worldwide, from peacekeeping missions to refugee assistance programs. The budget crisis highlights the vulnerability of multilateral institutions to the political whims of their major funders, raising serious concerns about the UN’s ability to maintain its global missions amid growing geopolitical tensions and humanitarian needs

ADVERTISEMENT

Related topics:

ADVERTISEMENT
  • Ping An Unveils Upgraded Inclusive Finance Solutions in Shanghai, Targeting SMEs and Tech Innovation
  • AXA to Relocate Bermuda Unit to Hong Kong Under New Corporate Migration Scheme
  • DeepSeek AI Update Triggered U.S. Market Drop
ADVERTISEMENT
Previous Post

Trump Posted a Long Article for the First Time After the Us Government’s Tariff Measures Were Suspended!

Next Post

How Big Has Trump’s Tariffs Brought to the Us Economy?

jingji05

jingji05

Related Posts

Hong Kong Deepens Interaction with Saudi Capital Markets, The First Islamic Treasury Etf Is Listed Today
News

Hong Kong Deepens Interaction with Saudi Capital Markets, The First Islamic Treasury Etf Is Listed Today

2025-05-30
How Big Has Trump’s Tariffs Brought to the Us Economy?
News

How Big Has Trump’s Tariffs Brought to the Us Economy?

2025-05-30
Trump Posted a Long Article for the First Time After the Us Government’s Tariff Measures Were Suspended!
News

Trump Posted a Long Article for the First Time After the Us Government’s Tariff Measures Were Suspended!

2025-05-30
“If Necessary, I Will Go to the United States!” Less Than a Week Apart, Shigeru Ishiba and Trump Were Once Again in Mandarin
News

“If Necessary, I Will Go to the United States!” Less Than a Week Apart, Shigeru Ishiba and Trump Were Once Again in Mandarin

2025-05-30
Federal Reserve Officials “Release the Eagle”: They May Have to Remain Silent for a Long Time!
News

Federal Reserve Officials “Release the Eagle”: They May Have to Remain Silent for a Long Time!

2025-05-30
Why Did the Tariff Stick Suddenly Swing Towards Apple? Cook Is Revealed to Anger Trump for Refusing to Visit the Middle East
News

Why Did the Tariff Stick Suddenly Swing Towards Apple? Cook Is Revealed to Anger Trump for Refusing to Visit the Middle East

2025-05-29
Greenland Mining Minister: If the United States and Europe Are Unwilling to Invest, They Will Have to Find Other Partners
News

Greenland Mining Minister: If the United States and Europe Are Unwilling to Invest, They Will Have to Find Other Partners

2025-05-29
Trade Negotiations Are Deadlocked Eu Reportedly Investigates Companies’ Investment in the United States
News

Trade Negotiations Are Deadlocked Eu Reportedly Investigates Companies’ Investment in the United States

2025-05-29
Masayoshi Son Put Forward a Bold Idea: Establish a Joint Sovereign Wealth Fund Between the United States and Japan!
News

Masayoshi Son Put Forward a Bold Idea: Establish a Joint Sovereign Wealth Fund Between the United States and Japan!

2025-05-29
Next Post
How Big Has Trump’s Tariffs Brought to the Us Economy?

How Big Has Trump's Tariffs Brought to the Us Economy?

Hong Kong Deepens Interaction with Saudi Capital Markets, The First Islamic Treasury Etf Is Listed Today

Hong Kong Deepens Interaction with Saudi Capital Markets, The First Islamic Treasury Etf Is Listed Today

Popular Articles

What Are the 10 Best Stocks to Buy Right Now?
Stocks

What Are the 10 Best Stocks to Buy Right Now?

by jingji05
2025-05-24

Investing in the stock market can be a powerful way to build wealth over time. However, choosing the right stocks...

Euro Moves in Positive Zone as Investors Assess Trump’s Trade Flexibility

Euro Moves in Positive Zone as Investors Assess Trump’s Trade Flexibility

2025-05-23
Man Suffers Fracture During Outdoor Sports; Insurance Company Refuses Payout Citing Lack of “Total Disability”

Man Suffers Fracture During Outdoor Sports; Insurance Company Refuses Payout Citing Lack of “Total Disability”

2025-05-24
In Depth: China’s Export Engine Reboots Cautiously After Tariff Truce

In Depth: China’s Export Engine Reboots Cautiously After Tariff Truce

2025-05-23
Global Government Dollar Debt To Drop Sharply In 2025

Global Government Dollar Debt To Drop Sharply In 2025

2025-05-29
PICC’s One-Stop Insurance Service on HarmonyOS: Smarter and More Convenient

PICC’s One-Stop Insurance Service on HarmonyOS: Smarter and More Convenient

2025-05-28
Renminbi Hits Six-Month High Against USD, Bolstering Asset Appeal

Renminbi Hits Six-Month High Against USD, Bolstering Asset Appeal

2025-05-29
How Nvidia Drives The \$306b AI Startup Boom

How Nvidia Drives The \$306b AI Startup Boom

2025-05-27

Recent Posts

Hong Kong Deepens Interaction with Saudi Capital Markets, The First Islamic Treasury Etf Is Listed Today
News

Hong Kong Deepens Interaction with Saudi Capital Markets, The First Islamic Treasury Etf Is Listed Today

by jingji05
2025-05-30

The second ​​Hong Kong-Saudi Capital Market Forum (CMF Hong Kong)​​, co-hosted by ​​Hong Kong Exchanges and Clearing (HKEX)​​ and ​​Saudi...

How Big Has Trump’s Tariffs Brought to the Us Economy?

How Big Has Trump’s Tariffs Brought to the Us Economy?

2025-05-30
The United Nations May Cut 20% of Its Budget and Lay off Nearly 7,000 Employees

The United Nations May Cut 20% of Its Budget and Lay off Nearly 7,000 Employees

2025-05-30
Trump Posted a Long Article for the First Time After the Us Government’s Tariff Measures Were Suspended!

Trump Posted a Long Article for the First Time After the Us Government’s Tariff Measures Were Suspended!

2025-05-30
“If Necessary, I Will Go to the United States!” Less Than a Week Apart, Shigeru Ishiba and Trump Were Once Again in Mandarin

“If Necessary, I Will Go to the United States!” Less Than a Week Apart, Shigeru Ishiba and Trump Were Once Again in Mandarin

2025-05-30
Federal Reserve Officials “Release the Eagle”: They May Have to Remain Silent for a Long Time!

Federal Reserve Officials “Release the Eagle”: They May Have to Remain Silent for a Long Time!

2025-05-30
Legal Victory: Court Rules Insurers Must Cover TCM Fracture Treatments

Legal Victory: Court Rules Insurers Must Cover TCM Fracture Treatments

2025-05-30
Taikang’s HWP Club Pioneers Localized Honor System for China’s Insurance Sector

Taikang’s HWP Club Pioneers Localized Honor System for China’s Insurance Sector

2025-05-30

Cryptocurrency

Cryptocurrency27

NFT Marketplace X2Y2 to Shut Down After Three Years as Trading Volume Plummets

2025-04-04
Cryptocurrency

Elon Musk Denies U.S. Government Plans to Use Dogecoin, Cryptocurrency Drops 3%

2025-04-01
Cryptocurrency

Gold Bull Peter Schiff Bets on Bullish Gold Amid Bitcoin’s Struggles

2025-03-30
Cryptocurrency

Fidelity Plans to Launch Spot Solana ETF

2025-03-29
Cryptocurrency

BlackRock Launches Bitcoin ETP in Europe: A Key Step for Institutional Adoption

2025-03-28
Cryptocurrency

Closing Bell Movers: GameStop Gains 7% on Earnings, Bitcoin Announcement

2025-03-27
FinancialfocusHub.com

FinancialFocusHub.com is your gateway to insightful financial guidance and strategies. Explore expert advice on investing, saving, and managing wealth. Stay informed with the latest trends and tools to empower your financial journey.

Recent Posts

  • Hong Kong Deepens Interaction with Saudi Capital Markets, The First Islamic Treasury Etf Is Listed Today 2025-05-30
  • How Big Has Trump’s Tariffs Brought to the Us Economy? 2025-05-30
  • The United Nations May Cut 20% of Its Budget and Lay off Nearly 7,000 Employees 2025-05-30
  • Trump Posted a Long Article for the First Time After the Us Government’s Tariff Measures Were Suspended! 2025-05-30
  • “If Necessary, I Will Go to the United States!” Less Than a Week Apart, Shigeru Ishiba and Trump Were Once Again in Mandarin 2025-05-30

TAGS

Useful Links

ABOUT US

Disclaimer

Privacy Policy

Copyright © 2024 financialfocushub.com

No Result
View All Result
  • Home
  • Forex
  • Insurance
  • News
  • Stocks

Copyright © 2024 FinancialFocusHub.com is your gateway to insightful financial guidance and strategies. Explore expert advice on investing, saving, and managing wealth. Stay informed with the latest trends and tools to empower your financial journey.