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Tuesday, November 1, 2011

OAS FACES CRITICAL FINANCIAL SITUATION - PROBLEM PAYING SALARIES http://www.namnewsnetwork.org/v2/read.php?id=174989
The Organisation of American States (OAS) faces a financial ‘crisis’ warned Secretary General Jose Miguel Insulza.This is after country members approved next year's budget totalling US$85.3 million with no increase over the current level of expenditure.“We are facing a crisis situation” admitted Insulza at the close of an extraordinary meeting of the OAS general assembly in Washington to approve the budget.“We have a precarious situation, any delay in the payment by any country is a conflict, a difficulty and the possibility of not having funds to pay for salaries” said Insulza who added that the OAS funds are insufficient to cover outlays.“This year we were very close on not being able to finance electoral observers in two events because of lack of funds”, said Insulza.Further more the Inter American Human Rights Court and Commission are financed mostly by regular funds, which any shortage of funds will also affect its running, he said. 
[HAHAHA I LOVE IT LOL...MORE ON OAS AND IAHRC  ... Venezuela condemns ''US IMPERIAL TOOL''/ OAS Rapporteur complicity on Globovision case http://thenakedfacts.blogspot.com/2011/10/venezuela-condemns-oas-rapporteur.html ALBA (Bolivarian Alliance for the Peoples of Our AmericaNations Shuns OAS Intrusion in Venezuelan Affairs http://thenakedfacts.blogspot.com/2011/02/alba-shuns-oas-intrusion-in-venezuelan.html Oh, What a Web the OAS Weaved When It Interfered in Haiti Election/The Truth Comes Out: OAS Overturned Haitian Prez Election in a “Political Intervention,” – New CEPR Paper Suggestshttp://thenakedfacts.blogspot.com/2011/10/oh-what-web-oas-weaved-when-it.html   CELAC could replace OAS, Correa says http://thenakedfacts.blogspot.com/2011/06/celac-could-replace-oas-correa-says.html 

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