Swiss city's international neighbourhood deteriorates following US budget reductions under Trump administration.
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Geneva is facing economic decline in its international neighborhood following US budget cuts and the Trump administration's retreat from United Nations engagement, according to Politico Europe. The city's status as a global diplomatic hub is threatened by reduced American funding commitments.
The funding reductions are affecting infrastructure and services that support the concentration of UN and international agencies based in Geneva. The cuts mark a shift in US commitment to multilateral institutions headquartered in Switzerland.