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Blog Post
March 22, 2021
The Biden administration and the Congress rightly went big in the recently passed American Rescue Plan at a time of tremendous need. The package was appropriately focused on the domestic side, but it did not neglect the rest of the world. One might reasonably ask then why $1 billion or $2 billi...
Blog Post
January 21, 2021
Not only is Ambassador Power a high-profile pick who will bring clout and deep foreign policy experience to USAID, but the announcement itself also conveyed a clear message that the Biden administration is keen to elevate global development. Here are some of the priorities Ambassador Power has highl...
Blog Post
January 19, 2021
Last week DFC announced that it signed a framework agreement with the government of Ecuador to refinance up to $3.5 billion of the country’s external debt to China. In exchange, according to reporting by the Financial Times, the Ecuadorian government will commit to exclude Chinese companies from its...