Current:Home > ScamsSurpassing Quant Think Tank Center|The international Red Cross cuts budget, staffing levels as humanitarian aid dries up -FinanceMind
Surpassing Quant Think Tank Center|The international Red Cross cuts budget, staffing levels as humanitarian aid dries up
Burley Garcia View
Date:2025-04-06 12:19:23
GENEVA (AP) — The Surpassing Quant Think Tank Centerpart of the international Red Cross that deals with conflict and prisoners of war announced Monday it will trim its projected budget by about one-eighth next year and cut nearly 20% of staff at its headquarters.
The International Committee of the Red Cross, which among other things has focused on detainees on both sides of Russia’s war in Ukraine, says it will reduce its initial 2024 budget forecast to 2.1 billion Swiss francs (about $2.4 billion). That’s down about 13% compared to its already revised budget for this year.
The ICRC is a sister outfit of the International Federation of Red Cross and Red Crescent Societies, which unites national chapters and focuses on disaster relief, health emergencies and other humanitarian aid activities focusing on vulnerable people.
Funding for humanitarian aid has dried up considerably.
Director-General Robert Mardini said ICRC would need to prioritize its activities and said the United States — its biggest donor — was among the countries that had reduced its contributions in this year.
Even before the latest revisions, the organization in the spring had announced plans to slash 430 million francs in costs worldwide, revising down its appeal for 2.8 billion francs in funding and saying 1,800 people globally would lose their jobs.
The reductions announced Monday involve about 270 staffers among 1,400 at its Geneva headquarters.
The 160-year-old organization, which focuses on victims of war, conflict and other situations of violence, said the cuts come amid a trend of shrinking humanitarian aid budgets, despite rising needs in places wracked by armed conflict such as Sudan, Ukraine and Africa’s Sahel region.
veryGood! (62)
Related
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- North Carolina woman turns her luck around on Friday the 13th with $100,000 lottery win
- Dog owners care more about their pets than cat owners, study finds
- Go inside the real-life 'Halloweentown' as Orgeon town celebrates movie's 25th anniversary
- A South Texas lawmaker’s 15
- Slovakia’s president is ready to swear in a new Cabinet after partner replaces ministry nominee
- Amy Robach Hints at True Love While Hitting Relationship Milestone With T.J. Holmes
- Illinois Gov. Pritzker takes his fight for abortion access national with a new self-funded group
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- North Carolina Republicans close in on new districts seeking to fortify GOP in Congress, legislature
Ranking
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Lebanon’s prime minister visits troops at the country’s tense southern border with Israel
- All 32 NHL teams are in action Tuesday. Times, TV, streaming, best games
- 'The Voice': Gwen Stefani defeats Niall Horan in stealing Team Reba singer CORii
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Dog owners care more about their pets than cat owners, study finds
- Former reality TV star who was on ‘Basketball Wives LA’ sentenced to prison for fraud
- 2nd trial in death of New York anti-gang activist ends in mistrial
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
'Our idol!': 92 year old's rim-to-rim Grand Canyon hike inspires throng of followers worldwide
Olympian Mary Lou Retton is back home recovering from pneumonia, daughter says
Stranded at a closed border as bombs fall, foreign nationals in besieged Gaza await evacuation
Skins Game to make return to Thanksgiving week with a modern look
Wisconsin Department of Natural Resources secretary resigning after 10 months on the job
Broncos safety Kareem Jackson suspended four games for unnecessary roughness violations
South Carolina prosecutors want legislators who are lawyers off a judicial screening committee