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Keywords: Funding


Proposed budget cuts could overwhelm ERs and disrupt health care systems

A quiet but impactful policy change within the "One Big Beautiful Bill Act" threatens to upend the U.S. health care system, potentially leaving emergency rooms (ERs) overwhelmed and nursing homes shuttered. The legislation, passed by Congressional Republicans, reduces the nationwide provider......

Trump's foreign aid cuts spark fears of global humanitarian crisis

The Lancet Medical Journal has issued a dire warning about the potential consequences of drastic cuts to international foreign aid under the Trump administration. The report estimates that these reductions could result in 14 million deaths worldwide by 2030, with devastating effects on vulnerable populations......

African Development Bank grants €300 million to boost Morocco’s economy and create jobs

The African Development Bank (AfDB) has approved over €300 million in funding to support Morocco’s economic development and job creation initiatives. The decision, announced by the AfDB’s Board of Directors, aims to strengthen the North African country’s resilience, competitiveness,......

Spain’s PM denies Socialist party corruption allegations amid political crisis

Spanish Prime Minister Pedro Sánchez has strongly denied accusations that his Socialist party received illegal funding linked to a corruption scandal involving two former senior allies. The controversy has placed Sánchez’s minority coalition government under significant strain, threatening......

Spain allocates €39 million to enhance mental health services amid rising sick leave

The Spanish government has taken a significant step toward addressing mental health concerns by approving €39 million in funding to improve treatment availability in public hospitals. This initiative comes in response to alarming data indicating a 175 percent surge in mental health-related sick......

Germany renews commitment to UN peacekeeping with €82 million for MINURSO

Germany has reaffirmed its financial commitment to the United Nations Mission for Sahara (MINURSO), announcing a substantial contribution exceeding €82 million. This funding aims to enhance the mission's capabilities in critical areas such as training, equipment, renewable energy, digital transformation,......

Spain’s PSOE criticizes PP over Casablanca desalination project funding

Spain has recently bolstered its financial commitment to the Casablanca desalination project, elevating the funding to €340 million, an increase of €100 million from the previous announcement in 2023. This move has sparked controversy, particularly from the Popular Party (PP), which has accused......

Tensions rise: Trump administration cuts funding to Harvard

The Trump administration has reduced Harvard University's funding by an additional $450 million, escalating an ongoing dispute over anti-Semitism, presidential authority, and academic freedom. A task force established by Trump accused Harvard, the oldest university in the U.S., of maintaining a......

EBRD and partners extend €65 million green financing to BMCI

BMCI is set to become the first bank in Morocco to receive a comprehensive €65 million Green Economy Financing Facility (GEFF) Plus package, marking the EBRD’s fifth partnership with the institution since Morocco became an investee economy in 2012. The European Bank for Reconstruction and......