Asked if the Trump administration would stick to the $4 billion pledge, Treasury Secretary Scott Bessent had indicated that ...

The budget proposal unveiled by Mr Trump on May 2 cuts foreign aid by US$49 billion. Read more at straitstimes.com. Read more ...

The new amount is lower, but will still help the World Bank get close to its goal of raising $100 billion for IDA by leveraging countries' contributions, sources familiar with the process said.

The death of Pope Francis and global aid cuts led by the United States could complicate the work of a group of experts ...

President Donald Trump’s proposed “reciprocal” tariff plan places some of the highest tariff levels on East Asian ...

That the convulsions in the aid system are lead indicators of major geopolitical reordering in other parts of the ...