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USAID shutdown: What does it mean for the world? - Caribbean News Global

Summary by Caribbean News Global
By FocusEconomics In January, president Trump signed an executive order to halt USAID operations for 90 days; it remains unclear whether the agency will resume work or face a permanent shutdown. Below is an analysis of the global economic and political impact. USAID in a nutshell USAID accounts for 40 percent of global foreign aid, focusing on supporting low- and lower-middle-income economies. The agency has long served as a tool of US soft powe…
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Caribbean News Global broke the news in on Tuesday, February 18, 2025.
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