Soviet Union: Your Check Is In the Mail

Your Check Is In the Mail

Though it occupies one of five permanent seats on the United Nations Security Council, the Soviet Union has long been one of the U.N.'s pickier dues payers. Moscow has consistently refused to ante up for special operations that it opposed politically, starting with a peacekeeping force at the Suez Canal in 1956. But last week the Soviets announced that they will mop up their red ink, paying a total of $197 million in outstanding debts owed for peacekeeping operations in the Middle East dating back to 1975. Moscow's check will erase its current IOUs, but not its historical ones. In 1973...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!