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US Funding

The United States has spent a record of at least USD 17.9 billion on military aid to Israel since the war in Gaza began and led to escalating conflict around the Middle East, according to a report for Brown University's Costs of War project, released on the anniversary of Hamas' attacks on Israel. An additional USD 4.86 billion has gone into stepped-up U.S. military operations in the region since the Oct 7, 2023, attacks, researchers said in findings first provided to The Associated Press. That includes the costs of a Navy-led campaign to quell strikes on commercial shipping by Yemen's Houthis, who are carrying them out in solidarity with the fellow Iranian-backed group Hamas. The report completed before Israel opened a second front, this one against Iranian-backed Hezbollah militants in Lebanon, in late September is one of the first tallies of estimated U.S. costs as the Biden administration backs Israel in its conflicts in Gaza and Lebanon and seeks to contain hostilities by ...

Updated On: 07 Oct 2024 | 11:17 AM IST

The Biden administration announced Monday that it is offering a $2 billion loan to Poland, which has been a hub for weapons going into Ukraine, to support the ally's defense modernisation. The State Department said in a statement that Poland is a stalwart ally of the U.S. whose security is vital to the collective defense of NATO 's eastern flank, and that such funding is reserved for Washington's most important security partners. The U.S. government is also providing Warsaw up to $60 million for the cost of the loan in Foreign Military Financing (FMF) which would support urgent procurements of defense articles and services from the United States, the State Department said. The $60 million is a loan subsidy meant to ensure that Warsaw can secure favourable terms for the loan. Poland has been a staunch supporter of Ukraine since Russia's full-scale invasion of the country, handing over large numbers of its own tanks, fighter jets and other equipment. It has also been a hub for most of

Updated On: 26 Sep 2023 | 7:11 AM IST

The watchdog for US assistance to Afghanistan warned lawmakers Wednesday that American aid to the country could be diverted to the Taliban as he accused the Biden administration of stonewalling his efforts to investigate. Unfortunately, as I sit here today I cannot assure this committee or the American taxpayer, we are not currently funding the Taliban, John Sopko, the Special Inspector for Afghanistan Reconstruction, testified to the House Oversight Committee. Nor can I assure you that the Taliban are not diverting the money we are sending for the intended recipients, which are the poor Afghan people. The stunning disclosure by Sopko comes as House Republicans are using the power of their new majority to hold the Biden administration accountable over its handling of the chaotic US withdrawal in August 2021. It also comes a week after the White House publicly released a 12-page summary of the results of the so-called hotwash of US policies around the ending of the nation's longest .

Updated On: 20 Apr 2023 | 7:18 AM IST

Travellers may switch to destinations against whose currencies the rupee has gained

Updated On: 03 Oct 2022 | 10:27 PM IST

US funding will deploy approx 100 demining teams and will support a large-scale train and equip project to strengthen the Government of Ukraine's demining and explosive ordnance disposal capacity

Updated On: 10 Aug 2022 | 9:38 AM IST

As drugmakers develop the next generation of therapies, the White House is warning that if Congress doesn't act urgently the US will have to take a number.

Updated On: 26 Apr 2022 | 9:15 AM IST

The Senate approved the measure Thursday by a bipartisan 65-27 vote, five more than the 60 votes needed, after the House easily approved the legislation last week

Updated On: 19 Feb 2022 | 10:13 AM IST

US-based fund TFCC Intl picks up 46% stake in the firm at $9 bn valuation; firm plans to use some if the funds in two plants in Tamil Nadu and Gujarat, and set up EV charging infra in various cities

Updated On: 02 Dec 2021 | 11:19 PM IST

The US will contribute an additional $2 billion to the vaccines alliance Gavi through 2022

Updated On: 15 Apr 2021 | 11:08 PM IST

The award announced by the US Department of Health and Human Services is the biggest yet from "Operation Warp Speed"

Updated On: 08 Jul 2020 | 12:23 AM IST

Aavenir's source-to-pay solution offers integrated products for contract lifecycle management, for sourcing management, and more

Updated On: 14 Apr 2020 | 8:32 PM IST

The Trumpification of immigration and foreign policy has harmed Americans and international allies alike. The Trumpification of global development policy is unlikely to be any different

Updated On: 21 Dec 2018 | 9:46 AM IST