Biden in 'historic' pledge for poor nations ahead of Trump return / Photo: © AFP
-
Trump turns to golf, family business on Irish visit's second day
-
Rybakina reigns serene as new world number one
-
Defiant Sabalenka motivated by US Open defeat
-
South Africa defeat New Zealand 43-28 to complete 3-1 series victory
-
Houthis say hit Saudi base after renewed fighting with Yemeni govt forces
-
Rybakina triumphs in US Open, denies Sabalenka three-peat
-
Gilbert Arenas questions Jonathan Kuminga's decision to join Minnesota
-
Akron fan's honorary play-calling stint ends with opening-drive fumble
-
Cristian Mungiu's Fjord examines a family's conflict with Norwegian child authorities
-
Louisiana's developing roster faces USC as Trojans enter as heavy favorites
-
United States beats Spain 76-66 to set up World Cup final against France
-
Christa Pike seeks clemency before September 30 execution in Tennessee
-
Queens residents seek renewed enforcement along Roosevelt Avenue
-
Utah hosts Arkansas as both programs begin seasons under new coaches
-
Marmot research gains over $140,000 from meme-coin fees alongside wildlife contest
-
Maryland groups seek statewide data center pause after local moratoriums spread
-
Roadless Rule repeal proposal raises concerns over Midwest forests and fire risk
-
Winston County trash-debt prosecutions face challenge from civil-rights lawyers
-
KFF journalists discuss opioid funds, suicide prevention and gaps in care
-
Fifth Circuit upholds dismissal of Jackson residents' constitutional water claims
-
Steven Strogatz weighs AI mathematics advances and their consequences for researchers
-
Anthropic details Claude misuse as US targets major illicit online marketplace
-
GTA VI draws political criticism online as preorder estimates exceed five million
-
Japanese floating parking platform is designed to lift cars above floodwater
-
Mini 1998 GT pairs 161-hp engine with John Cooper Works chassis hardware
-
Arteta blasts 'unacceptable' Sunderland penalty despite Arsenal win
-
Attissogbe double inspires Pau to Top 14 summit
-
Mbappe at the double as Real Madrid sink Rayo
-
Guimaraes strike lights up Arsenal win over Sunderland
-
Arsenal extend perfect Premier League start as Chelsea, Liverpool held
-
Israeli-made Gaza documentary wins Venice special jury prize
-
US survive Spain scare to book World Cup final clash with France
-
De Zerbi apologises to fans after Spurs' stalemate extends goal drought
-
Celine Dion makes long-awaited return to stage in Paris
-
Lowry takes four-shot lead as Trump jets in for Irish Open
-
Werro crowned Ultimate queen, US sweep 100m races
-
Harrison, Skupski win US Open men's doubles title
-
Venezuelans outside Caracas say capital not sharing blackout burden
-
Verstappen fears overtaking will be 'tough' at Spanish GP
-
Danish WWII drama wins top prize at Venice festival
-
Argentina revives plan for South Atlantic naval base amid Falklands tensions
-
Chelsea boss Alonso yearns for 'boring game' after Hull make their point
-
Yemen government forces say hit Houthis in Red Sea city
-
Werro outguns Hodgkinson to win women's 800m at Ultimate
-
Dismal Spurs stay goalless after Everton stalemate
-
Moreira leads AC Milan fightback in Lazio draw
-
Fire at nursing home in Chile kills 16
-
Chelsea boss Alonso for yearns for 'boring game' after Hull make their point
-
Frustrated Hamilton urges Ferrari to 'work harder'
-
'Tired' Liverpool must adapt to schedule, says Iraola
Biden in 'historic' pledge for poor nations ahead of Trump return
US President Joe Biden announced a "historic" $4 billion pledge for a World Bank fund that helps the world's poorest countries, the White House said Monday, before Donald Trump takes office with a new cost-cutting agenda.
The outgoing leader unveiled the money for the International Development Association as he attends the G20 summit underway in Rio de Janeiro, his last time at the gathering of world leaders.
"The president announced today that the United States intends to pledge $4 billion over three years... which is really exciting," a senior US administration official told reporters on condition of anonymity.
The official said the pledge would not be binding on Trump's incoming administration but said previous Republican governments had also backed top-ups for the fund.
US Deputy National Security Advisor Jon Finer earlier called the pledge "historic" and said Biden would "rally other leaders to step up their contributions."
The International Development Association is the concessional lending arm of the World Bank and is used for some of the poorest countries in the globe, including for projects focused on climate.
During a six-day tour of South America, Biden has been trying to shore up his international legacy ahead of President-elect Trump's return to the White House on January 20.
On Sunday he visited the Amazon rainforest in Brazil to promote his record on climate change, saying that the United States had hit its target of increasing bilateral climate financing to $11 billion a year.
Billionaire Trump has pledged to take a wrecking ball to many of Biden's policies and has appointed tech tycoon Elon Musk as head of a commission to target what he calls federal government waste.
C.Koch--VB
