Across Myanmar and in the refugee camps along its borders, the suffering unleashed by the United States' gutting of its foreign aid program has been severe and deadly, particularly for children, The Associated Press found. In interviews with 21 Myanmar refugees, five people trapped in internment camps inside Myanmar and 40 aid workers, medics and researchers, the AP uncovered widespread devastation due to President Donald Trump's dismantling of the US Agency for International Development. Children are screaming for food, safehouses that sheltered dissidents have shuttered and people must forage for hours in the jungle each day to survive. Here are the key takeaways from AP's investigation, as told through the people who have been impacted: The funding cuts have been fatal Mohammed Taher clutched the lifeless body of his 2-year-old son and wept. Ever since his family's food rations stopped arriving at their internment camp in Myanmar in April, the father had watched helplessly as h
Members of the Democratic party want a short extension of funding so they can also push for healthcare tax breaks that keep insurance costs lower for 24 million US citizens
Just a week had remained before scientists in South Africa were to begin clinical trials of an HIV vaccine, and hopes were high for another step toward limiting one of history's deadliest pandemics. Then the email arrived. Stop all work, it said. The United States under the Trump administration was withdrawing all its funding. The news devastated the researchers, who live and work in a region where more people live with HIV than anywhere else in the world. Their research project, called BRILLIANT, was meant to be the latest to draw on the region's genetic diversity and deep expertise in the hope of benefiting people everywhere. But the $46 million from the US for the project was disappearing, part of the dismantling of foreign aid by the world's biggest donor earlier this year as President Donald Trump announced a focus on priorities at home. South Africa hit hard by aid cuts South Africa has been hit especially hard because of Trump's baseless claims about the targeting of the ..
White House first floated the package in April, but placed it on the back burner as Republicans tried to secure the votes necessary to pass Trump's tax cut proposal
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
Republican presidential candidate Vivek Ramaswamy has slammed Ukrainian President Volodymyr Zelenskyy for seeking additional funds from the US to hold polls in the war-torn country and asserted that he is on his way to becoming the party's nominee for the 2024 presidential elections. In an interview with Fox News, Ramaswamy, 38, defended his statement that he would cut aid to Ukraine if elected as the US president. I have a problem with appeasement too, but I want to be very clear. We have to level with the American people here. Just because Putin is an evil dictator -- and he is -- does not mean that Ukraine is good, he said. This (Ukraine) is a country that has banned 11 opposition parties. This is a country that has consolidated all media into one state media arm, whose president just last week was praising a Nazi in his own ranks, has threatened the United States not to hold its own normal elections this year unless it gets more funding, Ramaswamy said. Now polling third and ..
Your portfolio will benefit from geographical diversification; long-term returns of these funds are good
Indian markets are holding on despite ongoing global chaos, thanks to supportive cyclical and structural factors, says Surana
Travellers may switch to destinations against whose currencies the rupee has gained
It helps to diversify geographically; while YTD returns of Indian markets are positive and US markets negative, the opposite will also happen at some other time
Global stock markets and Wall Street futures rose Tuesday as Liz Truss prepared to become British prime minister and Europe wrestled with uncertainty about Russian gas supplies. London and Frankfurt opened higher. Shanghai and Tokyo gained. Benchmark US crude rose more than $2 per barrel. The euro edged higher against the dollar. European markets were jolted by Friday's announcement that the suspension of Russian gas supplies through the Nord Stream 1 pipeline would be extended indefinitely. Shortages have pushed up prices and weigh on economic growth. Truss will have to hit the ground running as the U.K. prepares for a brutal winter," Craig Erlam of Oanda said in a report. Noting news reports that Truss plans to freeze energy bills, Erlam said the question is what impact it will have on inflation and gas demand. In early trading, the FTSE 100 in London rose 0.3% to 7,307.22 and Frankfurt's DAX advanced 0.4% to 12,816.01. The CAC 40 in France gained 0.2% to 6,103.77. On Wall Stree
European stocks took a dip while US futures is saw red on Wednesday. Asian stocks gathered strong ground following US-based stock dip. Market sentiment too, was volatile leading to lower indexes
Remember that you need to diversify away from your home country, and hedge against the rupee's depreciation
Asian equities squeezed higher from near two-year lows and Wall Street futures also gained before the release of the keenly awaited datapoint
US investors and companies should look into investing in Sikkim in sectors such as tourism, horticulture, agriculture, livestock products and agro-based sectors, said state agriculture minister
The investment will go into the target company's energy management systems and renewable energy devices with high storage capacity made from sodium silicate
Invest with at least a seven-year horizon, via SIP, and limit exposure to 15%
Investors in some of China's most vibrant sectors -- from technology to education -- have found themselves in the firing line this month
Profits booked in these funds should be deployed in a diversified EM fund
After rallying for 11 years, valuations seem to be on the higher side; patience is key for new investors