UN chief Antonio Guterres warned of an "imminent financial collapse" as unpaid dues reach record levels. He urged member states to clear contributions or reform funding rules, saying the UN could run out of cash by July amid growing financial strain.
The demonstrations, dubbed by Chinese media as a "grey hair movement," are another rare rebuke for authorities after widespread protests gripped the country in November against Covid lockdowns.
New York [US], September 14 (ANI): The UN World Food Programme (WFP) said on Monday that beginning next month, funding shortages will force it to suspend life-saving food assistance for more than 100,000 displaced people in parts of South Sudan until the start of 2022.
Kabul (Afghanistan) August 27 (ANI): Days after the Taliban took over the war-torn country, the residents of Kabul are reeling from a cash shortage as the banks are closed and ATMs are running out of money.
Naypyitaw [Myanmar], May 30 (ANI): Amid the ongoing humanitarian crisis in Myanmar due to the February 1 military coup, people are facing a shortage of cash and rising prices of goods and services as they are withdrawing their savings from banks out of concern for the future.
New Delhi [India], Apr. 18 (ANI): In the wake of a reported cash crunch in the country, the State Bank of India (SBI) on Wednesday rubbished reports saying they "defy logic".
New Delhi [India], Dec.16 (ANI):The government today declared that the cash shortage induced by demonetization of high value currency notes would end by mid-January by which time about Rs. 3.5 crore of black money would be sucked out of the economy, leaving about Rs.12 crore in cash to finan