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US Foundation, Government Agency Take Aim at Poverty in Asia and Africa

An American foundation and a U.S. government agency have announced a new partnership, which has initial funding of $100,000,000 intended as a “bold, new vision” for building resilience to disasters and other factors contributing to poverty across Asia and Africa.  Data showing that one of every three dollars spent on international aid during the past 30 years has been lost because of recurring crises is prompting a new initiative to break the costly cycles of suffering. The...

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