Category: Global Issues

UNs Cash Crisis May Force Hiring Freeze, Limit Official Travel & Curtail Expenses System-Wide

By Global Issues UNITED NATIONS, Feb 16 (IPS) – The United Nations is heading towards a severe cash crisis forcing the world body “to implement aggressive cash conservation measures to avert a default in meeting the legal obligations of the Organization”. Secretary-General Antonio Guterres has drawn attention to “the unfortunate deteriorating financial situation of our […]