Trump admn ending 90% of USAID pacts

New Delhi: The Trump administration said it is eliminating more than 90 per cent of the US Agency for International Development’s foreign aid contracts and USD 60 billion in overall US assistance around the world. The cuts detailed would leave few surviving projects for advocates to try to save in what are ongoing court battles with the administration.

SA warns against dip in multilateralism

Johannesburg: Erosion of multilateralism presents a threat to global growth and stability, South African President Cyril Ramaphosa said and called for a rules-based order for sustained growth. Ramaphosa was addressing the first Finance Ministers’ and Central Bank Governors’ meeting under South Africa's G20 Presidency in Cape Town.