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The Trump administration unveiled an overview of its FY2026 budget request on Friday. While short on details, the document offers a grim forecast for US development and humanitarian spending. In seeking deep cuts across a host of program accounts and pledging to align with American interests, it is ...

It was disheartening to learn last week that DOGE was moving to shut down the Millennium Challenge Corporation (MCC). I’ve found myself struggling to make sense of this move in light of a particular consequence of this effort to shutter the agency—handing the People’s Republic of China a win in Nepa...

In response to the news that the US foreign aid agency the Millennium Challenge Corporation (ranked by Publish What You Fund as the world’s most transparent bilateral agency) is to be shut down, several CGD experts provided reactions.

On Friday, the administration sent a memo on the future of USAID to the agency’s staff. It makes clear that the strategy continues to be “cut and reorganize first, ask permission later”—putting forward a vision for the full abolition of USAID. Regarding reorganization, remaining USAID staff have re...

Check out CGD experts' research on sovereign wealth funds, as referenced in The Independent.

Check out CGD experts' research on sovereign wealth funds, as referenced in the Huff Post.

Check out CGD experts' research on sovereign wealth funds, as referenced in the Fortune.

Check out CGD expert's research on sovereign wealth funds, as referenced in MSN.