Tag #International Development

Showing 13 to 24 of 52 results

kathimerini.gr
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Trump's World Bank Review: A Threat to Global Development?

World Bank President Ajay Banga is defending the institution against a potential US withdrawal ordered by President Trump last month, which could see the US forgo its $117 billion in funding in 2024, impacting global development assistance. Banga highlights the bank's efficient funding model and its...

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abcnews.go.com
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Trump Administration Eliminates 82% of USAID Programs

Secretary of State Marco Rubio announced the Trump administration's completion of a review of USAID programs, resulting in the elimination of 5,200 of 6,200 programs, totaling tens of billions of dollars, following President Trump's January 20 executive order. The remaining programs will be administ...

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theguardian.com
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UK's Underfunded Security: Defense and Aid Cuts Weaken National Security

The UK's reduced defense and international aid budgets weaken national security by emboldening adversaries and creating instability abroad, as seen in the exploitation of vulnerable nations by China and Russia, highlighting the need for increased defense spending and renewed international partnershi...

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Peace, Justice, and Strong Institutions
abcnews.go.com
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US Terminates $60 Billion in Foreign Aid Contracts

The U.S. State Department terminated nearly 10,000 foreign aid contracts totaling approximately $60 billion, impacting numerous humanitarian organizations and causing the immediate closure of vital services, including healthcare clinics and refugee support programs in countries such as Sudan and Som...

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Zero Hunger
dw.com
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Massive US Foreign Aid Cuts Under Trump Administration

The US State Department announced a $54 billion, 92% cut in foreign aid programs, impacting 5800 contracts, justified by the Trump administration's "America First" policy and negative characterizations of USAID; a Supreme Court order temporarily blocked the lower court's mandate to release the funds...

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theguardian.com
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UK drastically cuts overseas aid, sparking criticism

The UK government slashed its overseas aid budget from 0.7% to 0.3% of GDP, prompting condemnation for undermining global development efforts and potentially harming the UK's security interests, despite the relatively small financial savings.

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dailymail.co.uk
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World Bank Faces US Funding Uncertainty Under Trump

The World Bank faces potential US funding cuts under the Trump administration, jeopardizing its $24 billion funding request for the International Development Association (IDA) due to policy shifts and the Bank's emphasis on climate change projects; the US holds veto power.

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theguardian.com
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UK Development Budget Cut to 0.3%, Raising Concerns

The UK government drastically cut its development budget from 0.5% to 0.3% of gross national income, ostensibly to appease Donald Trump, leading to the resignation of the international development minister and widespread concern within the FCDO about the impact on life-saving projects.

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french.china.org.cn
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Chinese Medical Team Trains Beninese Staff on Neonatal Resuscitation

The 27th Chinese medical team in Natitingou, Benin, is conducting a neonatal resuscitation training program for local medical staff at the Natitingou Zonal Hospital to combat a 20% rate of neonatal asphyxia among hospitalized newborns.

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Good Health and Well-being
theguardian.com
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UK Aid Minister Quits Over Planned Budget Cuts

UK International Development Minister Anneliese Dodds resigned over a planned £6bn cut to the aid budget by 2027, reducing aid spending to 0.3% of gross national income, citing concerns about the impact on global stability and the UK's influence amid Russia and China's growing power.

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hu.euronews.com
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Trump Administration Terminates Most USAID Foreign Aid Contracts

The Trump administration canceled over 90% of USAID's foreign aid contracts, totaling roughly $60 billion, following a Supreme Court ruling that suspended a lower court order requiring payments to contractors. This decision abruptly halts decades of US foreign aid policy and reflects Trump and Musk'...

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cbsnews.com
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Judge Orders Trump Administration to Reinstate Foreign Aid Funding

A federal judge ordered the Trump administration to reinstate foreign aid funding frozen earlier this month, forcing the State Department to pay outstanding bills by Wednesday night following a lawsuit by contractors who argued that the freeze caused them financial harm and threatened vital internat...

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Showing 13 to 24 of 52 results