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Showing posts with the label money

World's largest food program is in 'desperate situation' and running out of money as quickly as October

The U.N. World Food Program is grappling with its worst funding shortage in 60 years and "we are in a desperate situation," Executive Director Cindy McCain said Sunday. The U.N. World Food Program, the largest anti-hunger initiative around the globe, is grappling with its worst funding shortage in 60 years and "we are in a desperate situation," its executive director said on Sunday. "It's a combination of things -- it's COVID, it's climate change, it's co NFL ict and also the cost of being able to do Business ," Cindy McCain told ABC "This Week" co-anchor Jonathan Karl about the reasons behind the lack of money . "Those things combined and, of course, a world that has kind of grown tired of all this. There's a great malaise right now within countries about foreign aid and giving." In Afghanistan, for example, the food program doesn't "have enough money to even get through October." McCain made th...

Tim Scott, other Republicans propose bill to block Iranian money after Hamas' Israel attack

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Tim Scott on Tuesday introduced to permanently refreeze $6 billion in Iranian oil revenue released to free five American detainees South Carolina Sen. Tim Scott on Tuesday introduced a bill along with 22 other Republicans and one independent lawmaker to permanently refreeze $6 billion in Iranian oil revenue that was released as part of a deal to free five American detainees. That money has since come under intense conservative criticism and drawn vocal defenses by White House officials in the wake of a terror attack by the Palestinian militant group Hamas on southern Israel earlier this month. Iran is a key sponsor of Hamas, and detractors of the U.S. releasing the revenue said that it would ease broader financial pressure on Iran -- even as the U.S. has said there is no "hard, tangible evidence" that Tehran was directly involved in Hamas' attack, which Israeli officials said killed more than 1,000 people in Israel. Scott's bill is supported by some in Senate GOP l...