The World: Money Matters

The U.S. is trying to make U.N. membership a bit cheaper. Of the total annual assessment, the U.S. now pays 31.5% but wants its share cut to 25%.

In a mild revival of cold war rhetoric last week, Soviet Delegate Vasily Safronchuk ridiculed the U.S. decision, arguing among other things that New York City makes a lot of money from the U.N. Outraged, U.S. Delegate George Bush replied that the U.S. leads all nations in both its assessed and its far larger voluntary contributions to the U.N., bearing 40% of the total, while the Soviet Union trails badly with only 7%. "When...

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