What gall.
I am impressed though, being audacious enough to ask for that much.


United Nations Wants 10% of Entire Planet’s Annual Income in Fund for Coronavirus Response

The United Nations Secretary-General, António Guterres, has announced the creation of a fund for addressing the global coronavirus pandemic — and he is simultaneously asking nations to contribute the equivalent of at least 10 percent of the annual income of the entire planet to a massive “human-centered, innovative and coordinated stimulus package” that would be administered at the international level. Although Guterres doesn’t state it explicitly, he seems to be connecting the new fund, which he calls a “dedicated COVID-19 Response and Recovery Fund,” with the massive stimulus package plan, announcing both measures in the same press release.

If countries were to accept the plan, the United Nations or some similar coordinating agency would be given the equivalent of approximately 8.7 trillion USD, an unprecedented amount that would be 2,900 times greater than the UN’s annual budget of 3 billion USD.

The proposed plan would effectively place a global agency, presumably the UN itself, in charge of propping up the economies of the world during the coronavirus crisis, placing it in charge of 10% of global income.

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