SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: FJB who wrote (1526554)3/3/2025 6:26:36 AM
From: IC7201 Recommendation

Recommended By
FJB

  Read Replies (9) of 1582534
 
Waste Of The Day: Congo Splurged At Davos On USAID Dime

Topline: The U.S. Agency for International Development (USAID) sent $1.3 billion in foreign assistance to the Democratic Republic of the Congo last year, the world’s fifth-poorest country by GDP per capita.

[url=][/url]

The spending would be easier to stomach if the Congo was devoting all of its own resources toward caring for its people and still coming up short.

But new reporting from the Swiss magazine Die Weltwoche revealed that the country’s officials are splurging on their travel expenses. The Congo spent the equivalent of $488,000 on a six-night hotel stay during this year’s World Economic Forum in Davos, Switzerland.

Key facts: The Congo delegation booked “several dozen” rooms at the five-star Hotel Quellenhof, even though there were only six official members in the country’s delegation to the Forum.

The tab works out to over $81,000 per night. The hotel describes itself as “a haven of peace where you can take time for yourself and your loved ones” and make “your holiday dreams come true.”

Switzerland’s delegation came under fire in 2023 for spending $128,000 on a hotel for the World Economic Forum, violating the country’s expense regulations,



..
..
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News