Free Newsletters - Space News - Defense Alert - Environment Report - Energy Monitor
. 24/7 Space News .




SUPERPOWERS
China and emerging powers to pay more for UN
by Staff Writers
United Nations (AFP) Dec 25, 2012


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.

While the sums involved are not huge by global standards -- the revised UN budget for 2012-2013 is $5.4 billion -- diplomats say the new shareout is a snapshot of the world's changing economic fortunes.

And the UN system has maintained sum 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 United States 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 8.0 to 7.1 percent, France from 6.1 to 5.6 percent and Britain from 6.6 to 5.18 percent.

"This is a start brought on by the economic crisis in Europe, but there will have to be more changes eventually," said one western diplomat.

Another noted 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. But 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.

The UN's regular budget does not include its peacekeeping operations, which cost more than $7.5 billion a year and are paid for with separate assessments.

Under the deal agreed this week, a pay freeze has been ordered for the estimated 10,000 UN staff in New York.

.


Related Links
Learn about the Superpowers of the 21st Century at SpaceWar.com
Learn about nuclear weapons doctrine and defense at SpaceWar.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





SUPERPOWERS
US troops to be deployed in dozens of African countries next year
Moscow (Voice of Russia) Dec 26, 2012
Next year US troops will go to as many as 35 African countries, according to media reports, where they will train local troops for any future threats from al-Qaeda linked groups. The information has come from the US Department of Defense, whose source had said the Washington Post earlier this month that US troops would soon be en route to the nation of Mali in order to thwart the emerging ... read more


SUPERPOWERS
GRAIL Lunar Impact Site Named for Astronaut Sally Ride

NASA probes crash into the moon

No plans of sending an Indian on moon

Rocket Burn Sets Stage for Dynamic Moon Duos' Lunar Impact

SUPERPOWERS
Clays on Mars: More Plentiful Than Expected

Opportunity For Some Shoulder Workout At Copper Cliff

Enabling ChemCam to Measure Key Isotopic Ratios on Mars and Other Planets

Curiosity Rover Explores 'Yellowknife Bay'

SUPERPOWERS
NASA Puts Orion Backup Parachutes to the Test

White House to honor scientists, inventors

TDRS-K Arrives at Kennedy for Launch Processing

Sierra Nevada Corporation Selected by NASA to Receive Human Spaceflight Certification Products Contract

SUPERPOWERS
Mr Xi in Space

China plans manned space launch in 2013: state media

China to launch manned spacecraft

Tiangong 1 Parked And Waiting As Shenzhou 10 Mission Prep Continues

SUPERPOWERS
New ISS crew docked at Space Station

Expedition 34 Spends Christmas in Space

Three astronauts blast off for ISS in Russian craft

Soyuz rocket brings trio to space station

SUPERPOWERS
Ariane 5 ECA orbits Skynet 5D and Mexsat Bicentenario satellites

Payload integration complete for final 2012 Ariane 5 mission

Arctic town eyes future as Europe's gateway to space

ISRO planning 10 space missions in 2013

SUPERPOWERS
Closest sun-like star may have planets

Nearby star is good candidate for Earth-like planets

Venus transit and lunar mirror could help astronomers find worlds around other stars

Astronomers discover and 'weigh' infant solar system

SUPERPOWERS
2012: Consumer tech takes center stage

Molecular levers may make materials better

Netflix blames Amazon for Christmas Eve outage

Turbopump Bearing Blamed For Failed Russian Comsat Orbiting




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement