UN faces bankruptcy, running out of money: revelation weeks after Trump's threat on escalator fiasco

Presenting a sharply reduced $3.238 billion regular budget for 2026, United Nations Secretary-General Antonio Guterres warned that the global body faces a "race to bankruptcy" unless Member States pay their dues in full and on time. The revised proposal marks a significant drop from his original budget for next year of $3.715 billion and is 15.1 per cent below the 2025 approved appropriation. This comes after Trump slammed the world body for its lack of involvement in solving wars across the globe. During his speech, Trump also ranted about the broken escalator and teleprompter.