WSJ: The UN is on the brink of bankruptcy due to the suspension of payments from the US and China.
Washington owes the organization over $4 billion
Photo: Mathias Reding on Unsplash
The UN is on the brink of bankruptcy due to the suspension of payments from the US and China in the struggle for control over the organization, reports The Wall Street Journal (WSJ). Washington has not transferred billions of dollars and has withdrawn from a number of programs and institutions, including the WHO. This is part of measures to combat what US President Donald Trump considers wasteful spending and ineffective policies. The country owes the organization over $4 billion. Beijing is delaying payments, although it positions itself as the "de facto leader in financial contributions." China's debt to the UN is $445 million — while during the visit of Chinese Foreign Minister Wang Yi to the organization, nearly $850 million was transferred. Generated using the neural network "Shedervum"
According to WSJ, the US and China account for nearly half — 42% — of the UN's core funding. China has assured that it will fulfill its financial obligations. In the US, it is stated that future financial support will depend on spending cuts — including reducing the number of jobs, cutting back on business-class travel, and implementing machine translators.
UN Secretary-General António Guterres stated that a financial collapse of the organization is possible. It is predicted that the UN will run out of funds by mid-August.
Galiya Garifullina
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WSJ: The UN is on the brink of bankruptcy due to the suspension of payments from the US and China
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WSJ: The UN is on the brink of bankruptcy due to the suspension of payments from the US and China.
Washington owes the organization more than $4 billion Photo: Mathias Reding on Unsplash The UN is on the brink of bankruptcy due to the suspension of payments from the US and China in the struggle for control over the organization, 31.05.2026. Real time. Republic of Tatarstan. Kazan.
