“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.”
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