A new international development bank and multi-billion emergency lending pool will be setup by Brazil, Russia, India, China and South Africa. The move comes at a summit meeting of BRICS leaders in Brazil.

The Chinese government released its second-ever white paper, outlining its foreign assistance from 2010-2012. As the country continues to make itself an international development player, the new details about how it spent is money gives a better understanding into the country’s goals.

Amid the spiraling bloodshed in Gaza, Turkey continues to send aid to the Palestinian enclave through the Kerem Shalom border crossing in coordination with the Israeli army. Turkish agencies have been flowing aid into Gaza worth a total of $2.5 million and most of the assistance is based on local procurement, a Turkish official told the Hürriyet Daily News. 

Great Britain will continue extending the 300- million Pound Sterling assistance it provides annually to Ethiopia, the International Development Cooperation Minister said.  Prime Minister Hailemariam Dessalegn held talks on 07 July 2014 with a delegation led by UK International Development Cooperation Minister, Lynne Featherstone.

A senior Iraqi official pointed out that the latest support from Moscow demonstrated America's diminished role in the conflict. "The American influence is getting sidelined ... due to the lack of security and military support to the Iraqi government and people in its war of survival," the official told Foreign Policy.

White House says aid will help defend Syrian people, stabilize areas under opposition control, facilitate the provision of essential services, counter terrorist threats, and promote conditions for a negotiated settlement.

Japan should expand its use of overseas development assistance by targeting new regions and projects and consider funding noncombat operations led by foreign military forces, a panel said Thursday in a report to Foreign Minister Fumio Kishida. If the recommendations are accepted in the upcoming review of the ODA charter, it would reverse Japan’s long-held principle of not funding foreign armed forces.

Since March, the US Agency for International Development (USAID) has provided training to 60 engineers from Jamshoro, Guddu and Muzaffargarh thermal power plants. The training enhanced the engineers’ technical skills and introduced them to industry best practices to improve the operation, maintenance, and management of power plants.