# This Week in Global Dev: #155: The new era of US and European foreign assistance

Page: https://stenobird.com/podcast/devex-podcasts-65118/this-week-in-global-dev-155-the-new-era-of-us-and-european-foreign-assistance
Text version: https://stenobird.com/podcast/devex-podcasts-65118/this-week-in-global-dev-155-the-new-era-of-us-and-european-foreign-assistance.md
Podcast: [Devex Podcasts](https://stenobird.com/podcast/devex-podcasts-65118)
Published: 2026-07-22T09:17:17+00:00
Episode link: https://soundcloud.com/devex-intl/the-new-era-of-us-and-european-foreign-assistance
Audio file: https://feeds.soundcloud.com/stream/2365689623-devex-intl-the-new-era-of-us-and-european-foreign-assistance.mp3
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Duration seconds: 1820

## Resource

This week we look back at the last 18 months of U.S. foreign assistance — a period defined by the dismantling of USAID and the absorption of foreign aid strategy into the State Department. We break down the types of initiatives the Trump administration is prioritizing and where the funding is flowing. On the other side of the Atlantic, the European Union is currently in the process of negotiating the bloc’s next seven-year budget. The new financial framework could mark a turning point for European aid, formalizing a shift from development-first spending toward an approach that increasingly serves member states’ geopolitical and economic interests. To dig into these stories and others, Adva Saldinger sits down with Michael Igoe and Jesse Chase-Lubitz for the latest episode of our weekly podcast series. Redeem your Devex Pro discount: https://www.devex.com/upgrade/payment?package_short_name=PRO&payment_page_permalink=pro-discount-fortypercent&utm_medium=link&utm_source=newswire&utm_campaign=pro_week_2026

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## Transcript

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