This story has rotated off the live feed but the permalink stays available for sharing and search.

world El Sudcaliforniano 2026-05-02

WTO plans 10% budget cut due to U.S. payment defaults

The World Trade Organization (WTO) is contemplating a 10% reduction in its budget. This comes as the United States, typically the largest contributor, is among ten members defaulting on Category 1 payments. The organization, headquartered in Geneva, faces financial challenges from these outstanding contributions.

Support Your Local Toad

The Pesky Toad is free and ad-light. If you find it useful, toss a few pesos in the tip jar to help keep the servers running and the satire flowing.

$

MXN · Minimum $10