Foreign aid

The Philippines is reeling and thousands are presumed dead after a massive typhoon hit over the weekend. While relief efforts are underway, they may be undercut by the 7.2 earthquake that hit the Philippines last month.

Besides direct financial aid that the U.S. provides Egypt, the U.S. military also helps educate Egyptian military officers.

The upheaval in Egypt is terrible for the Egyptian economy, but some countries and companies remain.

How the Egyptian military’s takeover is viewed could have financial consequences. A federal law calls for cutting aid to a country where the military deposes a democratically elected government.

Conservative nonprofit Let Freedom Ring attacks Obama for providing military aid to countries that use child soldiers.

China held a forum with African leaders today, offering $20 billion in loans to countries throughout the continent over the next three years. The pledge almost doubles China's previous aid to Africa, strengthening a relationship that has attracted a lot of criticism from the West.

Kenya has received international aid for years, but life remains bleak for many. Donors are getting smarter about how to channel their giving.

Many experts suggest the global aid community – including the largest donor, the United States – responded too late to the famine in the Horn of Africa.

In South Korea today, UN Secretary Ban Ki-moon warned rich countries not to shortchange their international aid programs as they cut their budgets.

Since the end of World War II, the United States Agency for International Development (USAID) has worked to further America's foreign policy inte...