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A Crisis-Stricken UNs Frantic Hunt for Low-Cost Locationsaway 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.
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