Us Funding

'Deeply concerning': MEA reacts to Trump's claim on $21 mn USAID funding

Relevant departments and agencies are looking into this matter, said MEA spokesperson Randhir Jaiswal on Donald Trump's remarks regarding the '$21 million allocation to India for voter turnout'

Trump's voter turnout claim false: $21 mn funded to Bangladesh, not India

USAID's official records confirm that no projects funded by the Consortium for Elections and Political Process Strengthening have been implemented in India since 2008

Nepal's US-backed infra plan in jeopardy as Trump freezes foreign aid

The $500 million grant was earmarked for critical infra projects, including a 320 km electricity transmission line to facilitate energy exports to India and improvements to Nepal's road network

Washington DC judge extends block on Trump admin's federal funding freeze

A judge in the nation's capital kept a temporary block on a Trump administration's plan for a freeze on federal funding Monday after some nonprofit groups said they're still struggling to get promised grants and loans. US District Judge Loren L. AliKhan extended an order she issued last week that paused a sweeping plan to freeze potentially trillions in federal spending. While the memo outlining it has since been rescinded, the Republican administration has said some kind of funding freeze is still planned as part of his blitz of executive orders. A second judge in Rhode Island has also blocked any federal spending pause in a separate lawsuit filed by nearly two dozen Democratic states. In the Washington lawsuit, several groups reported being unable to access promised federal funding even after the memo was rescinded. They ranged from childcare in Wisconsin to disability services in West Virginia to a small business research project on neutron generation and detection. For many, th

Blocking all funding to 'woke programmes', says US State Department

Prioritising the welfare of American citizens, the US State Department released an official statement where it stated that no foreign is entitled to those benefits

Trump team revives 2020 plan for US exit from WHO on day one of new term

The United States is the largest single donor to the World Health Organization, contributing 16% of its funding in 2022-23

US spends $17.9 bn on Israel as military aid since its war with Gaza began

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 ...

US offers Poland rare loan of $2 billion to modernise its military

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

Watchdog for US aid to Afghanistan warns money could be flowing to Taliban

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 .

Invest in US funds, gold to fulfil child education goal amid rupee plunge

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

US announces $89 mn of FY 2022 funding for demining assistance in Ukraine

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

Without funding, US will lose Covid vaccines, treatments: White House

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.

Joe Biden signs stopgap spending bill to extend govt funding for 3 weeks

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

Ramcharan: The little-known entity that got $4.14-bn funding in RE space

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

$300 million raised for COVAX vaccine sharing at GAVI event: US

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

Coronavirus vaccine race: Novavax gets $1.6 billion in US funding

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

US-based Accel invests $2 mn in source-to-pay solution provider Aavenir

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

US funding of political think tanks is bad news for global development

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