69°F
weather icon Clear

U.S. negotiates $285M cut in United Nations budget

The U.S. government says it has negotiated a significant cut in the United Nations budget.

The U.S. Mission to the United Nations said on Sunday that the U.N.’s 2018-2019 budget would be slashed by over $285 million. The mission said reductions would also be made to the U.N.’s management and support functions.

The announcement didn’t make clear the entire amount of the budget or specify what effect the cut would have on the U.S. contribution.

U.S. ambassador to the U.N. Nikki Haley said that the “inefficiency and overspending” of the organization is well-known, and she would not let “the generosity of the American people be taken advantage of.”

She also said that while the mission was pleased with the results of budget negotiations, it would continue to “look at ways to increase the U.N.’s efficiency? while protecting our interests.”

MOST READ
Don't miss the big stories. Like us on Facebook.
THE LATEST
Haiti, Jamaica and Cuba pick up the pieces after Melissa’s destruction

Emergency relief flights began landing at Jamaica’s main international airport, which reopened late Wednesday, as crews distributed water, food and other basic supplies.

Trump says US will resume testing nuclear weapons for first time in 30 years

“Because of other countries testing programs, I have instructed the Department of War to start testing our Nuclear Weapons on an equal basis,” he said in a post on Truth Social. “That process will begin immediately.”

What shutdown? Trump isn’t canceling travel, golf or his ballroom

In shutdowns past — including during Trump’s first term — presidents normally scaled back their schedules. The White House often sought to appear sympathetic to Americans affected by disruptions to health care, veterans benefits and other key services.

What does a Federal Reserve rate cut mean for your finances?

The federal funds rate is the rate at which banks borrow and lend to one another. While the rates consumers pay to borrow money aren’t directly linked to this rate, shifts affect what you pay for credit cards, auto loans, mortgages, and other financial products.

MORE STORIES