US International Development Finance Corporation
The US International Development Finance Corporation (DFC) is the United States government's development finance institution, established in 2019 under the first Trump administration. It consolidated the functions of the Overseas Private Investment Corporation (OPIC) and the Development Credit Authority, and is housed within the broader US development finance framework. The DFC provides loans, equity investments, political risk insurance, and grants to private-sector projects in developing countries, with an explicit mandate to advance US foreign-policy interests and counter the economic influence of rivals such as China. It is led by a chief executive officer appointed by the President and confirmed by the Senate.
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US and Russia discussed American investor for Nord Stream, but White House denies talks and Germany pushes back
Reuters reported that US presidential envoy Jared Kushner and Kremlin-linked adviser Kirill Dmitriev have discussed attracting an American investor to restore the Nord Stream gas pipelines, meeting in Moscow and New York in recent weeks. The White House said any Russia deals must go through US development finance and Treasury bodies and that there have been no recent Nord Stream-specific talks. Germany said the pipelines are under European sanctions and that Berlin has no wish to approve their resumption.