e UN as a whole, the Security Council was created after World War II to address the failings of the League of Nations in maintaining world peace. It held its first session on 17 January 1946, and in the ensuing decades was largely paralyzed by the Cold War between the United States and the Soviet Union and their respective allies. Nevertheless, it authorized military INTERVENTIONS in the Korean War and the Congo Crisis and peacekeeping missions in the Suez Crisis, Cyprus, and West New Guinea. With the collapse of the Soviet Union, UN peacekeeping efforts increased dramatically in scale, with the Security Council authorizing major military and peacekeeping missions in Kuwait, Namibia, Cambodia, Bosnia and Herzegovina, Rwanda, Somalia, Sudan, and the Democratic Republic of the Congo.The Security Council consists of fifteen members, of which five are permanent: China, France, Russia, the United Kingdom, and the United States of AMERICA. These were the great powers, or their SUCCESSOR states, that were the victors of World War II. Permanent members can veto any substantive resolution, including those on the admission of new member states to the United Nations or nominees for the office of Secretary-General. The remaining ten members are elected on a regional basis to serve a term of two years. The body's presidency rotates MONTHLY among its members.Resolutions of the Security Council are typically ENFORCED by UN peacekeepers, military forces voluntarily provided by member states and funded independently of the main UN budget. As of March 2019, there are thirteen peacekeeping missions with over 81,000 personnel from 121 countries, with a total budget of nearly $6.7 billion.