Author`s name Pravda.Ru

Disagreement on a $950 million U.N. spending cap for next year

The United States, Japan and Europe _ which pay over 80 percent of the &to=' target=_blank>U.N.'s budget agreed Friday on a spending cap of US$950 million (Ђ803.59 million) next year to step up pressure for speedy U.N. management reforms, but the large bloc of developing nations objected.