“China, Brazil, India and other emerging powers agreed to major increases in their United Nations payments as the global body hammered out a new budget deal this week to avoid its own fiscal cliff. The boom countries will pay more as economic crisis allows European nations, such as Britain, Germany and France and Japan to cut their contributions. UN contributions are worked out according to a country’s share of global gross national income (GNI). China will pay an extra 61 percent in UN fees, taking its share of the budget from 3.2 to 5.1 percent. It will overtake Canada and Italy to become the sixth biggest UN contributor.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Real life CSI: Google's new AI system unscrambles pixelated faces
As marijuana goes legit, investors rush in
Costa Rica Probes Liberty Reserve Founder Marriage
U.S. to leave 'training' military forces in Jordan
Police officer pleads guilty to selling law enforcement information
Theresa May says the internet must now be regulated following attack
Why 'Government' and 'Competent' Are Antonyms
Wealthy Chinese gobbling up Silicon Valley homes
French officials abuse visa-free travel to spy on tax dodgers in Switzerland
Americans Overwhelmingly Opposed to Endless US Military Interventions
SpaceX Launches Craft for Space Station Deliveries
6% Treasury yields? May come sooner than you think
A surprising map of the countries that are most and least welcoming to foreigners
Obama’s crackdown views leaks as aiding enemies of U.S.
UK inflation jumps 'unexpectedly' in July to 2.6pc