Category: Foreign Aid

China Works to Expand its Sway in Africa Amid Rivalry With the U.S.

China’s leader, Xi Jinping, pitches his country as a leader of the developing world, rallying support for an alternative to the U.S.-dominated global order.
Bill Gates Meets Xi Jinping in First Visit to China Since 2019

China’s president, Xi Jinping, calls Mr. Gates “the first American friend I met in Beijing this year.”
As Zelensky Visits Kherson, World Bank Says Ukraine Needs $411 Billion to Rebuild

The New York Times – Business:
The bank released a significantly higher figure as European Union leaders approved plans to provide Kyiv with one million artillery shells over the next 12 months.
Biden Dispatches Yellen and Blinken to Bolster Support for Ukraine

The New York Times – Business:
Treasury Secretary Janet Yellen traveled to Kyiv the day before Secretary of State Antony Blinken was to visit Central Asia in a show of American solidarity with Ukraine in its battle with Russia.
A United Europe Weathers Crises, but Deeper Challenges Remain

The New York Times – Business:
Differences on NATO and E.U. enlargement, energy and climate, and relationships with the United States, China, Russia and Ukraine will prime Davos talks.
Ukraine’s Battered Economy Leaves It More Reliant on Foreign Aid.

The New York Times – Business:
Unable to roll over debt accumulated before the war, Ukraine has paid investors more than it has collected this year, the Central Bank says.
Britain Scales Back Foreign Aid, Threatening Progress in Global Health

The New York Times – Business:
The nation is often the second-largest donor to groups working in poor countries to prevent and treat infectious diseases, and to provide reproductive health services to women.