"The Trump administration unveiled a trade over aid initiative at the United Nations, outlining a shift away from donor-focused development assistance toward greater private investment, or what it says is an international economic development vision built on free markets."
"One note obtained by Devex said the US would only pay a significant portion of its UN dues if the international body implemented a series of budget-slashing reforms ranging from overhauling the UN pension scheme to slashing travel costs."
"Oxfam America has estimated that at least 23 million children could lose access to education, and the ripple effect of USAID's dismantling has led to mass job losses among contractors and local hires."
The Trump administration is pressuring the United Nations to adopt trade-focused policies that favor US firms, threatening budget cuts if demands are not met. USAID has faced mass layoffs, with operations merged into the state department, impacting global aid efforts. The administration has suspended support for key agencies and introduced a trade over aid initiative, shifting focus from donor assistance to private investment. Diplomatic notes indicate the US will leverage budget cuts to enforce its agenda, risking the welfare of vulnerable populations worldwide.
Read at www.theguardian.com
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