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The U.S. Owes UNESCO Half A Billion Dollars

The U.S. Owes UNESCO Half A Billion Dollars

This week, the U.S. and Israel announced that they would be withdrawing from UNESCO, citing 'continuing anti-Israel bias'.

As Statista's Niall McCarthy notes, the move comes as a major blow to the organization which is known for designating cultural sites around the world such as the Grand Canyon or ancient Palmyra in Syria.

The U.S. has been expected to pay the bulk of UNESCO's budget for years and it cancelled its financial contributions back in 2011 in protest of Palestine's admission as a full member.

Casualties Reported After Iraqi Troops Enter Oil Rich Kurdish City Of Kirkuk; Oil Spikes

Casualties Reported After Iraqi Troops Enter Oil Rich Kurdish City Of Kirkuk; Oil Spikes

In a major escalation involving the disputed Iraqi Kurdish region, which last month declared independence following a referendum which was not recognized by any of its neighbors or Baghdad (in fact, only Israel has supported the legitimacy of the Kurdish referendum to date) Iraqi state media reported that on Monday morning Iraqi federal troops entered territories occupied by the nation’s Kurds, with the FT confirming that Iraqi forces moved to enter the city of Kirkuk.

With Just Hours Until Spain's Ultimatum Runs Out, Catalonia Proposes Its Own Central Bank

It's D-Day for Catalan President Carles Puigdemont who has just a few hours left until 10 am on Monday (4am ET) to respond to the Spanish government's ultimatum delivered last week by the prime minister, demanding to know whether Puigdemont did, indeed, declare independence last week. If Puigdemont says yes, fails to respond, or provides another meandering answer, Rajoy will start the process under Article 155 to seize control of the breakaway administration in the coming weeks.

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