A Crisis-Stricken UN’s Frantic Hunt for Low-Cost Locations—away from New York & Geneva

UNITED NATIONS, Jun 27 (IPS) - In the US, the success of a business enterprise or the value of real estate is reflected in a repetitive and alliterative phrase: “LOCATION, LOCATION, LOCATION”.

As the UN continues its plans for system-wide restructuring-- amidst a growing liquidity crisis-- one of the key issues on the negotiating table is the re-location of UN agencies: a choice between high-cost and low-cost duty stations.

Read the full story, “A Crisis-Stricken UN’s Frantic Hunt for Low-Cost Locations—away from New York & Geneva”, on globalissues.org →