China, Brazil, India and other emerging powers agreed to major increases in their UN 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.
While the sums involved are not huge by global standards — the revised UN budget for 2012-2013 is US$5.4 billion — diplomats said the new shareout is a snapshot of the world’s changing economic fortunes.
And the UN system has maintained some of its quirks with Greece, despite its economic slump, still paying more than India, which aspires to become a permanent member of the UN Security Council.
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.
Brazil has agreed to an 82 percent hike in payments. It will pay 2.9 percent of the budget instead of 1.6 percent. India’s payments will increase 24 percent, taking its budget share from 0.5 to 0.66 percent. And Russia’s payments will go up by 52 percent.
The US remains the major UN financier, though its contributions are pegged at 22 percent while it accounts for 24.2 percent of world GNI.
Other major contributors will all see payments decrease. Japan, in second place, will see a 13.5 percent drop to 10.8 percent of the budget. It previously accounted for 12.5 percent of UN finances.
Germany’s share of the budget will fall from 8 to 7.1 percent, France from 6.1 to 5.6 percent and Britain from 6.6 to 5.18 percent.
A Western diplomat said the new payment breakdown reflects changes around the world, and that the contrast between Greece and India was “striking.”
Greece’s share of budget will decrease from 0.7 to 0.64 percent. However, its share of global GNI is 0.5 percent, while India, which pays about the same amount, accounts for 2.2 percent of world GNI.
A complicated series of rebates allows various countries to claim reductions in payments. China and the other emerging powers still pay less than their share of the world economy. The Europeans and Japan still pay more.
Kehinde Sanni spends his days smoothing out dents and repainting scratched bumpers in a modest autobody shop in Lagos. He has never left Nigeria, yet he speaks glowingly of Burkina Faso military leader Ibrahim Traore. “Nigeria needs someone like Ibrahim Traore of Burkina Faso. He is doing well for his country,” Sanni said. His admiration is shaped by a steady stream of viral videos, memes and social media posts — many misleading or outright false — portraying Traore as a fearless reformer who defied Western powers and reclaimed his country’s dignity. The Burkinabe strongman swept into power following a coup in September 2022
‘FRAGMENTING’: British politics have for a long time been dominated by the Labor Party and the Tories, but polls suggest that Reform now poses a significant challenge Hard-right upstarts Reform UK snatched a parliamentary seat from British Prime Minister Keir Starmer’s Labor Party yesterday in local elections that dealt a blow to the UK’s two establishment parties. Reform, led by anti-immigrant firebrand Nigel Farage, won the by-election in Runcorn and Helsby in northwest England by just six votes, as it picked up gains in other localities, including one mayoralty. The group’s strong showing continues momentum it built up at last year’s general election and appears to confirm a trend that the UK is entering an era of multi-party politics. “For the movement, for the party it’s a very, very big
ENTERTAINMENT: Rio officials have a history of organizing massive concerts on Copacabana Beach, with Madonna’s show drawing about 1.6 million fans last year Lady Gaga on Saturday night gave a free concert in front of 2 million fans who poured onto Copacabana Beach in Rio de Janeiro for the biggest show of her career. “Tonight, we’re making history... Thank you for making history with me,” Lady Gaga told a screaming crowd. The Mother Monster, as she is known, started the show at about 10:10pm local time with her 2011 song Bloody Mary. Cries of joy rose from the tightly packed fans who sang and danced shoulder-to-shoulder on the vast stretch of sand. Concert organizers said 2.1 million people attended the show. Lady Gaga
SUPPORT: The Australian prime minister promised to back Kyiv against Russia’s invasion, saying: ‘That’s my government’s position. It was yesterday. It still is’ Left-leaning Australian Prime Minister Anthony Albanese yesterday basked in his landslide election win, promising a “disciplined, orderly” government to confront cost-of-living pain and tariff turmoil. People clapped as the 62-year-old and his fiancee, Jodie Haydon, who visited his old inner Sydney haunt, Cafe Italia, surrounded by a crowd of jostling photographers and journalists. Albanese’s Labor Party is on course to win at least 83 seats in the 150-member parliament, partial results showed. Opposition leader Peter Dutton’s conservative Liberal-National coalition had just 38 seats, and other parties 12. Another 17 seats were still in doubt. “We will be a disciplined, orderly