The U.N.’s financial future just got worse.
For weeks, the world body’s leadership has been plotting out plans for slashing funding and downsizing its workforce by at least 20%.
But the recent passage of a law clawing back more than $1 billion in U.S. funding to the United Nations for everything from peacekeepers to human rights promotion and nutritional supplements for children in conflict zones has made it clear it will have to dig deeper. And it coincides with a State Department announcement on Tuesday that the U.S is withdrawing from UNESCO.