The head of the UN refugee agency said Monday that his organisation will need to make deep cuts with dire consequences for displaced people, unless it receives urgent new funding. Speaking at the start of UNHCR’s annual executive committee meeting in Geneva, Filippo Grandi voiced concern for the agency’s financial situation, at a time when the number of forcibly displaced people around the world has passed 100 million for the first time. Pointing out that Russia’s war in Ukraine has taken UNHCR’s already-stretched emergency response capacity to new levels, he appealed “in the strongest of term…