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United Nations on brink of financial collapse

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The United Nations is teetering on the edge of a financial collapse, with internal projections showing the organization could run out of money to pay salaries and suppliers by September.

Key Details:

  • The UN has reportedly already slashed $600 million from its $3.7 billion operating budget this year, freezing hiring and moving some jobs out of New York in a desperate bid to avoid default.

  • A memo shows the Trump administration is weighing a full halt in payments to the UN, potentially triggering a $1.1 billion deficit this year.

  • Late or missing payments from 41 countries—including the U.S., China, Argentina, and Mexico—totaled $760 million last year, with just 49 member states paying on time.

Diving Deeper:

The United Nations is confronting a full-scale financial emergency that could leave it unable to pay staff or fund its core functions within months, according to a report published this week by The Economist. Secretary-General António Guterres has already slashed the UN’s core operating budget by $600 million—about 17%—in a bid to avoid a shutdown, but the crisis appears to be spiraling beyond his control.

Internal UN projections now warn that without additional cost-cutting or a surge in payments, the organization will run a $1.1 billion shortfall by year’s end. That would exhaust its reserves and leave the global body unable to fund its General Assembly, peacekeeping missions, or human rights operations as early as September. Guterres, in a letter seen by The Economist, has warned that the peacekeeping budget could run dry by mid-year.

The UN’s budget problems stem from a mix of chronic late payments and uncollected dues. Member states are required to pay their assessed contributions annually, based largely on the size of their economies. But many now pay late—some not at all. In 2024, nearly 15% of total contributions arrived in December, undermining the UN’s ability to manage expenses throughout the year. As of now, 41 countries—including the U.S., Argentina, and Venezuela—owe a combined $760 million in unpaid dues. Just 49 nations paid on time.

The U.S. and China, each responsible for about 20% of the UN’s total budget, are among the most consequential delinquents. While China did pay its bill in 2023, the money didn’t arrive until December 27th—too late to be fully spent, triggering a rebate under UN rules that forced the organization to return unused funds to all members, even those who hadn’t paid. The UN now estimates that it will have to issue a $300 million rebate in 2026 and a $600 million rebate in 2027—roughly 17% of its entire operating budget.

The situation with the United States is potentially more destabilizing. A White House memo reportedly indicates that President Trump is considering a total suspension of America’s $2.3 billion in annual dues as part of a broader reevaluation of U.S. involvement in international organizations. Trump had previously frozen payments to global bodies, dismantled USAID, and ordered a sweeping review of U.S. commitments to multilateral institutions, including the UN.

Under Article 19 of the UN Charter, any country that fails to pay its dues for two consecutive years risks losing its voting rights in the General Assembly. The U.S. currently owes around $3 billion—just shy of the $4.5 billion threshold that would trigger the rule. If Trump follows through, the U.S. could lose its vote by 2027.

This would not be the first time a major power tested the limits. During the Cold War, both France and the Soviet Union withheld payments over disputes regarding peacekeeping missions. To avoid enforcing the penalties, the General Assembly simply stopped holding votes—paralyzing the body out of fear that enforcing the rule would break it entirely.

Today, with cash drying up and political will fraying, UN diplomats are again sifting through precedents from the past—searching for answers, and bracing for what could be a seismic blow to the institution.

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Crime

U.S. seizes Cuba-bound ship with illicit Iranian oil history

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President Trump revealed Wednesday afternoon that U.S. authorities intercepted a Cuba-bound oil tanker off the Venezuelan coast, a dramatic move aimed at tightening the squeeze on illicit oil networks operating throughout the region. Speaking to reporters at the White House, Trump described the vessel as “a very large tanker — the largest one ever seized in action,” hinting that more developments are coming. He declined to get into specifics, saying only that the operation happened “for a very good reason.” When asked about the tanker’s crude, Trump didn’t overcomplicate it. “Well, we keep it, I guess,” he said.

According to a U.S. official familiar with the operation, the seizure was executed by the Coast Guard with support from the U.S. Navy after a federal judge green-lit the warrant roughly two weeks ago. Another official told the New York Times the ship — identified as the Skipper — had been sailing under a falsified flag and has a documented history of trafficking illicit Iranian oil. The vessel, although carrying Venezuelan crude at the time, was seized because of those Iranian smuggling ties, not because of any direct connection to Nicolás Maduro’s regime.

Vanguard, a UK-based maritime risk firm, confirmed Wednesday that the Skipper fits the profile of a tanker previously sanctioned by the United States for operating under the alias Adisa while moving banned Iranian oil. A source speaking to Politico said the ship was on its way to Cuba, where state-run Cubametales intended to flip the cargo to Asian brokers — an increasingly common workaround as U.S. sanctions isolate both Havana and Caracas from traditional buyers. With most Venezuelan product now flowing to China under the sanctions regime, oil traders began recalibrating almost immediately after the news broke. Prices ticked upward modestly as markets waited to learn whether any Venezuelan crude was on board and how much would be effectively taken off the table.

Maduro, for his part, avoided directly mentioning the seizure during a speech later Wednesday, instead railing against the United States and claiming Venezuela’s military stands ready “to break the teeth of the North American empire, if necessary.” His bluster did little to obscure the reality: the Trump administration just disrupted yet another shadowy oil operation linking Caracas, Havana, and Tehran — and sent a clear signal that these networks will be confronted, tanker by tanker.

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COVID-19

Trump DOJ seeks to quash Pfizer whistleblower’s lawsuit over COVID shots

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From LifeSiteNews

By Calvin Freiburger

The Justice Department attorney did not mention the Trump FDA’s recent admission linking the COVID shots to at least 10 child deaths so far.

The Trump Department of Justice (DOJ) is attempting to dismiss a whistleblower case against Pfizer over its COVID-19 shots, even as the Trump Food & Drug Administration (FDA) is beginning to admit their culpability in children’ s deaths.

As previously covered by LifeSiteNews, in 2021 the BMJ published a report on insider information from a former regional director of the medical research company Ventavia, which Pfizer hired in 2020 to conduct research for the company’s mRNA-based COVID-19 shot.

The regional director, Brook Jackson, sent BMJ “dozens of internal company documents, photos, audio recordings, and emails,” which “revealed a host of poor clinical trial research practices occurring at Ventavia that could impact data integrity and patient safety […] We also discovered that, despite receiving a direct complaint about these problems over a year ago, the FDA did not inspect Ventavia’s trial sites.”

According to the report, Ventavia “falsified data, unblinded patients, employed inadequately trained vaccinators, and was slow to follow up on adverse events reported in Pfizer’s pivotal phase III trial.” Overwhelmed by numerous problems with the trial data, Jackson filed an official complaint with the FDA.

Jackson was fired the same day, and Ventavia later claimed that Jackson did not work on the Pfizer COVID-19 shot trial; but Jackson produced documents proving she had been invited to the Pfizer trial team and given access codes to software relating to the trial. Jackson filed a lawsuit against Pfizer for violating the federal False Claims Act and other regulations in January 2021, which was sealed until February 2022. That case has been ongoing ever since.

Last August, U.S. District Judge Michael Truncale dismissed most of Jackson’s claims with prejudice, meaning they could not be refiled. Jackson challenged the decision, but the Trump DOJ has argued in court to uphold it, Just the News reports, with DOJ attorney Nicole Smith arguing that the case concerns preserving the government’s unfettered power to dismiss whistleblower cases.

The rationale echoes a recurring trend in DOJ strategy that Politico described in May as “preserving executive power and preventing courts from second-guessing agency decisions,” even in cases that involve “backing policies favored by Democrats.”

Jackson’s attorney Warner Mendenhall responded that the administration “really sort of made our case for us” in effectively admitting that DOJ is taking the Fair Claims Act’s “good cause” standard for state intervention to mean “mere desire to dismiss,” which infringes on his client’s “First Amendment right to access the courts, to vindicate what she learned.”

Mendenhall added that in a refiled case, Jackson “may be able to bring a very different case along the same lines, but with the additional information” to prove fraud, whereas rejection would send the message that “if fraud involves government complicity, don’t bother reporting it.”

“The truth is we do not know if we saved lives on balance,” admitted FDA Chief Medical Officer Vinay Prasad in a recent leaked email. “It is horrifying to consider that the U.S. vaccine regulation, including our actions, may have harmed more children than we saved. This requires humility and introspection.”

The COVID shots have been highly controversial ever since the first Trump administration’s Operation Warp Speed initiative prepared and released them in a fraction of the time any previous vaccine had ever been developed and tested. As LifeSiteNews has extensively covered, a large body of evidence has steadily accumulated over the past five years indicating that the COVID jabs failed to prevent transmission and, more importantly, carried severe risks of their own.

Ever since, many have intently watched and hotly debated what President Donald Trump would do about the situation upon his return to office. Though he never backed mandates like former President Joe Biden did, for years Trump refused to disavow the shots to the chagrin of his base, seeing Operation Warp Speed as one of his crowning achievements. At the same time, during his latest run he embraced the “Make America Healthy Again” movement and its suspicion of the medical establishment more broadly.

So far, Trump’s second administration has rolled back several recommendations for the shots but not yet pulled them from the market, despite hiring several vocal critics of the COVID establishment and putting the Department of Health & Human Services under the leadership of America’s most prominent anti-vaccine advocate, Robert F. Kennedy Jr. Most recently, the administration has settled on leaving the current jabs optional but not supporting work to develop successors.

In a July interview, FDA Commissioner Marty Makary asked for patience from those unsatisfied by the administration’s handling of the shots, insisting more time was needed for comprehensive trials to get more definitive data.

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