Devex
Devex
February 24, 2025 at 04:09 PM
Start your week with some of the latest top stories published on Devex: #1 In the last weeks of the Biden administration, the U.S. committed $20 billion to a fund for Ukraine. $16 billion has already been disbursed, as part of a G7 plan to use frozen Russian assets to pay for the reconstruction of Ukraine. https://www.devex.com/news/how-the-us-helped-protect-a-20b-promise-to-ukraine-ahead-of-trump-109480?utm_source=whatsapp&utm_medium=social&utm_campaign=audience&utm_content=link #2 USAID to cut 1,600 staff and place nearly all direct hires on leave. The news comes less than 48 hours after a federal judge allowed the Trump administration to continue cutting USAID staff — beginning a reduction in workforce that those across the agency had been bracing for. https://www.devex.com/news/usaid-to-cut-1-600-staff-place-nearly-all-direct-hires-on-leave-109475?utm_source=whatsapp&utm_medium=social&utm_campaign=audience&utm_content=link #3 Over the weekend, USAID staff started receiving notifications they would lose their jobs due to a widespread effort to reduce the agency’s workforce. They also got more information on the State Department team tasked with managing the global recall of staff. https://www.devex.com/news/usaid-staff-start-receiving-termination-letters-109476?utm_source=whatsapp&utm_medium=social&utm_campaign=audience&utm_content=link

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