U N member states lifted a $950 million spending cap on the United Nations budget Wednesday, averting a financial crisis for now but dealing a blow to the U S which had pushed for the limits as a lever to pressure for reforms. Members will likely put off many of Secretary-General Kofi Annan’s most important management reform proposals until the next session of the General Assembly, which begins in Sept a decision sure to disappoint the U N chief. The decision to lift the spending cap was a defeat for U S Ambassador John Bolton, who played a key role in getting the General Assembly to adopt it last year as a way to increase pressure for reform. Most U N member states were never committed to their promise to achieve reform before lifting the spending limit. The decision now shifts the spotlight to the U S Congress, which has threatened to block U S funding for the U N if it does not enact serious reform. The U S pays more than 20 % of the $2 billion annual U N budget....
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Editor - 21:38:00 06-28-06
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Editor - 14:03:00 06-28-06
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Editor - 14:00:00 06-28-06
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Editor - 13:38:00 06-28-06
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Editor - 13:34:00 06-28-06
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Editor - 13:22:00 06-28-06
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