BREAKING NEWS

US set to slash UN funding by $377 million

WASHINGTON - US lawmakers were poised to cut spending on the United Nations by hundreds of millions of dollars, less than a week after UN Secretary-General Ban Ki-moon came to Congress to ask for continued strong support.
US congressional aides said the expected $377 million in cuts -- much of which would hit UN peacekeeping -- were unlikely to put the United States in arrears on its dues because it has built up significant credits at the United Nations that could be used.
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