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Judge orders Trump govt to pay nearly $2 bn in USAID, state dept debts

Business Standard LogoBusiness Standard2d ago

Judge orders Trump govt to pay nearly $2 bn in USAID, state dept debts - Business Standard

Quick Summary:

A federal judge on Thursday gave the Trump administration until Monday to pay nearly $2 billion in debts to partners of the US Agency for International Development and the State Department, thawing the administration's six-week funding freeze on all foreign assistance.

US District Judge Amir Ali ruled in favour of nonprofit groups and businesses that sued over the funding freeze, which has forced organisations around the world to slash services and lay off thousands of workers.

Ali issued his order a day after a divided Supreme Court rejected the Trump administration's bid to freeze funding that flowed through USAID.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-07 @ 06:41:46 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 197 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26711757

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 111 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://chronographically.beamstart.com/news/judge-orders-trump-govt-to-17413109726990

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