
The US foreign aid agency formally closed down Tuesday, with President Donald Trump's administration trumpeting the end of the "charity-based model" despite predictions that millions of lives will be lost.
Founded in 1961 as John F. Kennedy sought to leverage aid to win over the developing world in the Cold War, the US Agency for International Development (USAID) has now been incorporated into the State Department -- after Secretary of State Marco Rubio slashed 85 percent of its programming.