World Bulletin / News Desk
“The inefficiency and overspending of the United Nations are well known. We will no longer let the generosity of the American people be taken advantage of or remain unchecked," Nikki Haley said in a statement.
"This historic reduction in spending – in addition to many other moves toward a more efficient and accountable UN – is a big step in the right direction," she added.
The announcement came shortly after UN member nations voted overwhelmingly to oppose a decision by President Donald Trump to recognize Jerusalem as the capital of Israel – a move that drew condemnation and protests from across the Arab and Muslim world.
The full 193-member UN General Assembly met last week for a rare emergency special session regarding Trump's decision. Unlike at the Security Council, the U.S. has no veto power in the assembly.
A total of 128 members voted in favor of the resolution while nine countries voted against it and 35 others abstained. Twenty-one countries did not cast a vote.
In response, Trump threatened UN members that he would withhold billions of dollars in aid to countries that voted in support of the resolution denouncing the U.S. move.
"They take hundreds of millions of dollars and even billions of dollars, and then they vote against us. Well, we’re watching those votes. Let them vote against us. We’ll save a lot. We don’t care," he said.
Haley also threatened UN members over the vote, saying there would be consequences and she would be “taking names” of countries who voted in favor of the resolution.
Jerusalem's status has long been considered a final status issue to be determined by Israeli-Palestinian peace negotiations, and Trump's decision is widely seen as undercutting that longstanding understanding. East Jerusalem, which Palestinians are seeking to make the capital of their state, has been under Israeli occupation since 1967.
The U.S. currently provides about 22 percent of the UN budget or approximately $3.3 billion per year.
The meeting of the world's leading economies in Buenos Aires comes days before US tariffs on steel and aluminum are due to come into force on Friday for all countries except Canada and Mexico.
Meeting cancelled after Russia, China, Kazakhstan and Bolivia voted ‘no’
'Despite the oppression they face, Iranians are fighting to reclaim their rights,' U.S. president says
Nearly 800 FARC militants assumed to be in Guaviare district where air force carried out strike
Two civilians and one security officer dead, another two officers wounded
Elor Azaria, who killed an injured and unarmed Palestinian in 2016, is now set for release on May 10
The French Embassy in Tel Aviv says it was taking the case 'very seriously'
The ISIL terrorist was responsible for taking by force houses of security members in Mosul
Iraq suffers from acute financial crisis due to dropped oil prices and anti-terrorism expenses
Thousands of supporters poured into the streets of the capital island Male on Friday night and continued their protest rally till early Saturday, the joint opposition said in a statement issued in Colombo.
Also suspended were the accounts of its parent organization, Strategic Communication Laboratories, as well as those of University of Cambridge psychologist Aleksandr Kogan and Christopher Wylie, who runs Eunoia Technologies.
Andrew McCabe was accused of misleading investigators on Clinton Foundation corruption case
Assistant Secretary of State Wess Mitchell told reporters after talks with Cypriot President Nicos Anastasiades on Friday that the U.S. also wants to see a resumption of talks to reunify the ethnically divided island nation.