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UN Cash Crisis: United Nations Enforces Cutbacks as Money Runs Dry

Water coolers empty, meetings and foreign travel slashed as UN runs out of money

 on 14th October 2019 @ 12.00pm
the united nations has enforced cut backs as it runs out of money © press
The United Nations has enforced cut backs as it runs out of money

The United Nations has been forced to enforce cutbacks as the UN cash crisis deepens and the globalist organization runs out of money.

At its New York headquarters, the UN has started turning the heating down and cutting back on refills for the water towers in a bid to save money.

The diplomats’ bar has also started shuttering early at 5 pm, meetings have been canceled and the first-class global travel budget has been slashed.

As Neon Nettle reported last week, the United Nations is currently running a $230 million deficit and could run out of funding by the end of October unless world governments immediately pay up.

Last Monday, UN Secretary General Antonio Guterres revealed that the UN is running out of money and sent out a plea to member states to meet their financial obligations.

A bailout with an immediate cash injection into the UN would likely hit American taxpayers the hardest.

The United States is the biggest financial contributor to the United Nations by a long way.

The US provides 22 percent of the UN's operating budget while funding 28 percent of peacekeeping missions, currently running at an annual cost of $8 billion.

Germany and the UK are the next two biggest contributors after the US.

the unites states is by far the un s largest financial contributor © press
The Unites States is by far the UN's largest financial contributor

Until the UN can find a way to reduce the deficit, there will be a restriction in operations.

According to Breitbart, the organization often criticized as a debating society for the elites incapable of reform.  

It is bloated, undemocratic – and very expensive, as any number of U.S. critics from President Donald Trump down have noted.

“We really have no choice,” said Catherine Pollard, a top official in the UN’s management department, in explaining the operational pause.

In a letter to 37,000 fulltime employees, a copy of which was seen by AFP,  Guterres laid out the looming cutbacks he said would mean fewer flights and receptions, limits on hiring, fewer documents, reports and translations and even an end to water coolers.

Guterres called the crunch the “worst cash crisis facing the United Nations in nearly a decade.”

He warned the organization, “runs the risk of depleting its liquidity reserves by the end of the month and defaulting on payments to staff and vendors.”

President Trump has long pushed its reform and just last week said thefuture does not belong to globalists in a warning to the organization’s leaders, adding, “the future belongs to patriots, the future belongs to sovereign and independent nations.”

Responding to reports of deep U.N. budget deficits, Trump showed little sympathy for its inability to manage its own budget.

“So make all Member Countries pay, not just the United States!” he wrote Wednesday.

In December 2017 Nikki Haley, the then United States Ambassador to the organization, announced the federal government had reduced its contribution to the U.N.’s annual budget by $285 million, as Breitbart News reported.

Haley’s statement came after the U.N. voted to condemn the United States for Trump’s decision to recognize Jerusalem as the capital of Israel.

The resolution, backed by nations with long records of extreme human rights abuses, passed 128-9.

Haley immediately responded by threatening to reduce America’s U.N. funding.

“The United States will remember this day in which it was singled out for attack in the General Assembly for the very act of exercising our right as a sovereign nation,” Haley told the assembly in New York City.

“We will remember it when we are called upon to once again make the world’s largest contribution to the United Nations and we will remember it when so many countries come calling on us, as they so often do, to pay even more and to use our influence for their benefit.”

the us provides 22 percent of the un s operating budget and funds 28 percent of peacekeeping missions © press
The US provides 22 percent of the UN's operating budget and funds 28 percent of peacekeeping missions

Since taking office, Trump has seen the U.S. cut funding to UNESCO, the U.N. Population Fund, the U.N. Relief, and Works Agency.

He has cited the U.N.’s numbing bureaucracy, its institutional cover-ups of corruption and the undemocratic politics of its security council as just a few examples of its manifest failures, so much of which has been funded by U.S. taxpayers.

“The United States is the world’s largest giver in the world, by far, of foreign aid. But few give anything to us,” Trump said in September last year.

“Moving forward, we are only going to give foreign aid to those who respect us and, frankly, are our friends.

"And we expect other countries to pay their fair share for the cost of their defense.”

[RELATED] Trump is Stopping the United Nations from Becoming the Single World Government

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