Guterres Warns of UN’s ‘Imminent Financial Collapse’

 United Nations Secretary-General Antonio Guterres speaks during a press conference outlining his priorities for 2026 at UN headquarters in New York City, US, January 29, 2026. (Reuters)
United Nations Secretary-General Antonio Guterres speaks during a press conference outlining his priorities for 2026 at UN headquarters in New York City, US, January 29, 2026. (Reuters)
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Guterres Warns of UN’s ‘Imminent Financial Collapse’

 United Nations Secretary-General Antonio Guterres speaks during a press conference outlining his priorities for 2026 at UN headquarters in New York City, US, January 29, 2026. (Reuters)
United Nations Secretary-General Antonio Guterres speaks during a press conference outlining his priorities for 2026 at UN headquarters in New York City, US, January 29, 2026. (Reuters)

The UN chief has told member states that the organization is at risk of "imminent financial collapse", citing unpaid fees and a budget rule that forces the global body to return unspent money, a letter seen by Reuters on Friday showed.

UN Secretary-General Antonio Guterres has repeatedly spoken about the organization's worsening liquidity crisis, but this is his starkest warning yet, and it comes as its main contributor the United States is retreating from multilateralism on numerous fronts.

"The crisis is deepening, threatening program delivery and risking financial collapse. ‌And the situation ‌will deteriorate further in the near future," Guterres wrote ‌in ⁠a letter ‌to ambassadors dated January 28.

The US has slashed voluntary funding to UN agencies and refused to make mandatory payments to its regular and peacekeeping budgets. US President Donald Trump has described the UN as having "great potential" but said it is not fulfilling that, and he has launched a Board of Peace which some fear could undermine the older international body.

Founded in 1945, the UN has 193 member states and works to maintain ⁠international peace and security, promote human rights, foster social and economic development, and coordinate humanitarian aid.

In his letter, Guterres ‌said "decisions not to honor assessed contributions that finance a ‍significant share of the approved regular ‍budget have now been formally announced."

He did not say which state or ‍states he was referring to, and a UN spokesperson was not immediately available for comment.

'KAFKAESQUE CYCLE'

Under UN rules, contributions depend on the size of the economy of each member state. The US accounts for 22% of the core budget followed by China with 20%.

But by the end of 2025 there was a record $1.57 billion in outstanding dues, Guterres said, without naming them.

“Either all Member States honor their ⁠obligations to pay in full and on time – or Member States must fundamentally overhaul our financial rules to prevent an imminent financial collapse," he said.

Guterres launched a reform task force last year, known as UN80, which seeks to cut costs and improve efficiency. To that end, states agreed to cut the 2026 budget by around 7% to $3.45 billion.

Still, Guterres warned in the letter that the organization could run out of cash by July.

One of the problems is a rule now seen as antiquated whereby the global body has to credit back hundreds of millions of dollars in unspent dues to states each year.

"In other words, we are trapped in a Kafkaesque cycle expected ‌to give back cash that does not exist," said Guterres, referring to author Franz Kafka who wrote about oppressive bureaucratic processes.



Nigeria's President to Make a Sate Visit to the UK in March

Nigeria’s President Bola Tinubu gives a joint statement with Brazil’s President Luiz Inacio Lula da Silva, at the Planalto presidential palace, in Brasilia, Brazil, Aug. 25, 2025. (AP Photo/Eraldo Peres, File)
Nigeria’s President Bola Tinubu gives a joint statement with Brazil’s President Luiz Inacio Lula da Silva, at the Planalto presidential palace, in Brasilia, Brazil, Aug. 25, 2025. (AP Photo/Eraldo Peres, File)
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Nigeria's President to Make a Sate Visit to the UK in March

Nigeria’s President Bola Tinubu gives a joint statement with Brazil’s President Luiz Inacio Lula da Silva, at the Planalto presidential palace, in Brasilia, Brazil, Aug. 25, 2025. (AP Photo/Eraldo Peres, File)
Nigeria’s President Bola Tinubu gives a joint statement with Brazil’s President Luiz Inacio Lula da Silva, at the Planalto presidential palace, in Brasilia, Brazil, Aug. 25, 2025. (AP Photo/Eraldo Peres, File)

Nigeria’s president is set to make a state visit to the UK in March, the first such trip by a Nigerian leader in almost four decades, Britain’s Buckingham Palace said Sunday.

Officials said President Bola Tinubu and first lady Oluremi Tinubu will travel to the UK on March 18 and 19, The AP news reported.

King Charles III and Queen Camilla will host them at Windsor Castle. Full details of the visit are expected at a later date.

Charles visited Nigeria, a Commonwealth country, four times from 1990 to 2018 before he became king. He previously received Tinubu at Buckingham Palace in September 2024.m

Previous state visits by a Nigerian leader took place in 1973, 1981 and 1989.

A state visit usually starts with an official reception hosted by the king and includes a carriage procession and a state banquet.

Last year Charles hosted state visits for world leaders including US President Donald Trump, French President Emmanuel Macron and German President Frank-Walter Steinmeier.


Iran Strikes Hard Line on US Talks, Saying Tehran's Power Comes From Saying 'No'

Traffic moves through a street in Tehran on February 7, 2026. (Photo by ATTA KENARE / AFP)
Traffic moves through a street in Tehran on February 7, 2026. (Photo by ATTA KENARE / AFP)
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Iran Strikes Hard Line on US Talks, Saying Tehran's Power Comes From Saying 'No'

Traffic moves through a street in Tehran on February 7, 2026. (Photo by ATTA KENARE / AFP)
Traffic moves through a street in Tehran on February 7, 2026. (Photo by ATTA KENARE / AFP)

Iran's top diplomat insisted Sunday that Tehran's strength came from its ability to “say no to the great powers," striking a maximalist position just after negotiations with the United States over its nuclear program and in the wake of nationwide protests.

Foreign Minister Abbas Araghchi, speaking to diplomats at a summit in Tehran, signaled that Iran would stick to its position that it must be able to enrich uranium — a major point of contention with President Donald Trump, who bombed Iranian atomic sites in June during the 12-day Iran-Israel war.

Iran will never surrender the right to enrich uranium, even if war "is imposed on us,” he noted.

"Iran has paid a very heavy price for its peaceful nuclear program and for uranium enrichment." 

Israeli Prime Minister Benjamin Netanyahu is expected to travel to Washington this week, with Iran expected to be the major subject of discussion, his office said.

While Iranian President Masoud Pezeshkian praised the talks Friday in Oman with the Americans as “a step forward,” Araghchi's remarks show the challenge ahead. Already, the US moved the aircraft carrier USS Abraham Lincoln, ships and warplanes to the Middle East to pressure Iran into an agreement and have the firepower necessary to strike the Islamic Republic should Trump choose to do so, according to The AP news.

“I believe the secret of the Islamic Republic of Iran’s power lies in its ability to stand against bullying, domination and pressures from others," Araghchi said.

"They fear our atomic bomb, while we are not pursuing an atomic bomb. Our atomic bomb is the power to say no to the great powers. The secret of the Islamic Republic’s power is in the power to say no to the powers.”

‘Atomic bomb’ as rhetorical device Araghchi's choice to explicitly use an “atomic bomb” as a rhetorical device likely wasn't accidental. While Iran has long maintained its nuclear program is peaceful, the West and the International Atomic Energy Agency say Tehran had an organized military program to seek the bomb up until 2003.

Iran had been enriching uranium up to 60% purity, a short, technical step to weapons-grade levels of 90%, the only non-weapons state to do so. Iranian officials in recent years had also been increasingly threatening that Tehran could seek the bomb, even while its diplomats have pointed to Iranian Supreme Leader Ali Khamenei’s preachings as a binding fatwa, or religious edict, that Iran wouldn’t build one.

Pezeshkian, who ordered Araghchi to pursue talks with the Americans after likely getting Khamenei's blessing, also wrote on X on Sunday about the talks.

“The Iran-US talks, held through the follow-up efforts of friendly governments in the region, were a step forward,” the president wrote. “Dialogue has always been our strategy for peaceful resolution. ... The Iranian nation has always responded to respect with respect, but it does not tolerate the language of force.”

It remains unclear when and where, or if, there will be a second round of talks. Trump, after the talks Friday, offered few details but said: “Iran looks like they want to make a deal very badly — as they should.”

Aircraft carrier in the Arabian Sea During Friday's talks, US Navy Adm. Brad Cooper, the head of the American military's Central Command, was in Oman. Cooper's presence was apparently an intentional reminder to Iran about US military power in the region. Cooper later accompanied US special envoy Steve Witkoff and Jared Kushner, Trump's son-in-law, to the Lincoln out in the Arabian Sea after the indirect negotiations.

Araghchi appeared to be taking the threat of an American military strike seriously, as many worried Iranians have in recent weeks. He noted that after multiple rounds of talks last year, the US “attacked us in the midst of negotiations."

“If you take a step back (in negotiations), it is not clear up to where it will go,” Araghchi said.

 

 


Russia: Man Suspected of Shooting Top General Detained in Dubai

An investigator works outside a residential building where the assassination attempt on Russian Lieutenant General Vladimir Alexeyev took place in Moscow, Russia February 6, 2026. REUTERS/Anastasia Barashkova
An investigator works outside a residential building where the assassination attempt on Russian Lieutenant General Vladimir Alexeyev took place in Moscow, Russia February 6, 2026. REUTERS/Anastasia Barashkova
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Russia: Man Suspected of Shooting Top General Detained in Dubai

An investigator works outside a residential building where the assassination attempt on Russian Lieutenant General Vladimir Alexeyev took place in Moscow, Russia February 6, 2026. REUTERS/Anastasia Barashkova
An investigator works outside a residential building where the assassination attempt on Russian Lieutenant General Vladimir Alexeyev took place in Moscow, Russia February 6, 2026. REUTERS/Anastasia Barashkova

Russia's Federal Security Service (FSB) said on Sunday that the man suspected of shooting top Russian military intelligence officer Vladimir Alexeyev in Moscow has been detained in Dubai and handed over to Russia.

Lieutenant General Vladimir Alexeyev, deputy head of the GRU, ⁠Russia's military intelligence arm, was shot several times in an apartment block in Moscow on Friday, investigators said. He underwent surgery after the shooting, Russian media ⁠said.

The FSB said a Russian citizen named Lyubomir Korba was detained in Dubai on suspicion of carrying out the shooting.

Russian Foreign Minister Sergei Lavrov accused Ukraine of being behind the assassination attempt, which he said was designed to sabotage peace talks. ⁠Ukraine said it had nothing to do with the shooting.

Alexeyev's boss, Admiral Igor Kostyukov, the head of the GRU, has been leading Russia's delegation in negotiations with Ukraine in Abu Dhabi on security-related aspects of a potential peace deal.