The Philippines is reeling and thousands are presumed dead after a massive typhoon hit over the weekend. While relief efforts are underway, they may be undercut by the 7.2 earthquake that hit the Philippines last month.
How the Egyptian military’s takeover is viewed could have financial consequences. A federal law calls for cutting aid to a country where the military deposes a democratically elected government.
China held a forum with African leaders today, offering $20 billion in loans to countries throughout the continent over the next three years. The pledge almost doubles China's previous aid to Africa, strengthening a relationship that has attracted a lot of criticism from the West.
In South Korea today, UN Secretary Ban Ki-moon warned rich countries not to shortchange their international aid programs as they cut their budgets.
Since the end of World War II, the United States Agency for International Development (USAID) has worked to further America's foreign policy inte...