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    Home»World News»Foreign Strongmen Cheer as Musk Dismantles U.S. Aid Agency
    World News

    Foreign Strongmen Cheer as Musk Dismantles U.S. Aid Agency

    The Daily FuseBy The Daily FuseFebruary 5, 2025No Comments2 Mins Read
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    Foreign Strongmen Cheer as Musk Dismantles U.S. Aid Agency
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    Humanitarian initiatives can improve American “smooth energy,” supporters say, which may purchase the USA good will and leverage in nations the world over for a relatively small fraction of federal spending. In 2023, U.S.A.I.D. funding represented .07 % of the U.S. federal price range. In 2021, earlier than the battle in Ukraine, it accounted for .04 %.

    The broadside in opposition to the company in Washington has led some to marvel if European governments or non-public donors will step in to pay for the threatened initiatives.

    Mikhail Khodorkovsky, the exiled Russian oil tycoon and Putin opponent, stated in a message on Telegram on Monday that he and a fellow Russian businessman, Boris Zimin, would step in to fund “Russian-language media, human rights and analytical tasks, in addition to humanitarian tasks working in Ukraine.” However he cautioned they wouldn’t be capable to assist all grant recipients in full.

    Zselyke Csaky, a senior analysis fellow on the Middle for European Reform, calculated that the USA spends about $2 billion a 12 months on direct democracy promotion applications, together with each direct State Division funds and U.S.A.I.D. grants. Europe, she stated, spends about $4 billion, and would want to spend about 50 % extra to make up the distinction.

    “I discover that truthfully fairly unlikely,” Ms. Csaky stated.

    The instant downside, she stated, is the pace of the dismantling. “That is taking place proper now, and I do know many organizations that might want to shut down,” she stated.

    “By the point European nations reply,” she stated, “there is probably not a lot of the ecosystem to avoid wasting.”

    Edward Wong contributed reporting from Bangkok, Farnaz Fassihi from New York and Linda Qiu from Washington.



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