Tag: OAS virtually bankrupt

• Tuesday, January 26th 2016 - 07:55 UTC

  OAS 'virtually bankrupt and facing existential threat' says Permanent Council chairman

  

  The new chairman of the Permanent Council of the Organization of American States (OAS) Sir Ronald Sanders says the institution is now facing a “serious existential threat”, with its coffers virtually empty. OAS currently has Uruguay's Luis Almagro as Secretary General.