Cambridge, MA - People living on as little as $2 a day could soon have access to services like loans and savings accounts, thanks to a local humanitarian aid group. Mercy Corps has received a grant of almost $20 million to create what it calls a "Bank of Banks." The project will oversee thousands of microfinance institutions (MFIs) that give loans to families and small businesses in Indonesia.

Sasha Muensch, Mercy Corps' senior program manager for social innovations, says the goal of the program is to modernize the MFIs, and help people manage and save their money.

"These services are not accessible to many of the poor of the country, much the way it is in the U.S. - if you don't have good credit, or a strong enough income, you can't access many banking services here. The problem is even more acute in Indonesia."

Muensch explains the loans can help launch or sustain businesses in places, such as Indonesia, with struggling economies.

"Most of these loans are for very small businesses. They're usually run by the family, one or two people working in them. These are small shops, tailors, hairdressers, small-scale producers, the 'bottom rung' of the business sector."

Through its social innovations programs, Mercy Corps hopes to help 45 million people escape poverty in Indonesia and the Philippines over the next decade. The grant is from the Bill and Melinda Gates Foundation. More information about the new "Bank of Banks" is available online at www.mercycorps.org.


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CLARIFICATION: Parts of this story were rephrased to clarify that the United States does not send nuclear weapons to Israel or any other nation. (12:32 p.m. MDT, July 8, 2024)

A Knoxville-based environmental group is sounding the alarm about the country's increased spending on weapons being deployed in defense of Israel.

The proposed U.S. defense budget allocates over $60 billion for nuclear weapons programs, a 4% increase over the previous year.

Tanvi Kardile with the Oak Ridge Environmental Peace Alliance said a $14 billion package was passed recently to provide additional weapons to Israel.

The alliance isn't taking sides in the conflict in Gaza, and supports calls for divestment from all nuclear weapons.

"The U.S. budget for weapons just keeps getting higher and higher each year," said Kardile. "This year, there's an $850 billion defense budget. And this has gone up by 31% from last year, and $69 billion of those would go for nuclear weapons operations."

U.S. policy is not to send American nuclear weapons to any other nation. And although most experts say Israel has its own nuclear arms, the nation has never admitted it.

American nuclear arms - including submarine missiles - have been deployed in the Mediterranean and could be used in defense of Israel. The U.S. also supplies it with extensive, conventional weapons.

Kardile said the alliance sees the increase in spending as a taxpayer burden, and notes the government could be using those dollars for healthcare, education, public transportation, and fighting homelessness - which would help people in Tennessee and across the country.

Besides the tax implications, Kardile said her group is concerned with the ongoing risks closer to home - tied to enriching uranium and other activities at the Y-12 National Security Complex in Oak Ridge.

She added that the projected cost of expanding the facility is up to $9.3 billion.

"It's also a big burden on the people of Tennessee because it is a public health risk, environmental risk as well," said Kardile. "So, this issue directly affects Tennesseans."

The U.S. Department of Energy says the Y-12 complex "plays a key role in strengthening national security," and that nuclear weapons are a deterrent to the nation's enemies.

But Kardile said major defense contractors have seen their stock prices skyrocket as they continue to profit from the war in Gaza, and from weapons sales in general.

Haitian-led groups in Massachusetts are calling for a temporary pause in deportations as political instability and violence engulf the island.

They said anything less would be a death sentence. Armed gangs now control most of the capital city, Port-au-Prince, cutting distribution of medical and food supplies.

Rep. Ayanna Pressley, D-Mass. said the U.S. must help restore security and save lives.

"Stabilizing Haiti is not just the right thing to do," Pressley stated. "It is essential to addressing the migrant and asylum-seeking crisis here at home."

Massachusetts has one of the largest Haitian diasporas in the country, and Haitians now make up the vast majority of asylum-seekers currently residing in the state's shelter system.

The United Nations reports nearly 400,000 Haitians have been displaced by the recent violence, with many seeking shelter in public buildings. Heavily-armed groups set fire to more than 20 school classrooms in the capital last month and are recruiting children.

Guerline Jozef, executive director of the Haitian Bridge Alliance, said American-made weapons are fueling the crisis.

"Haiti does not produce arms, does not produce ammunition," Jozef pointed out. "All of those are coming from the outside."

Aid groups say weapons are often hidden among donations in shipping containers traveling from U.S. ports. Jozef, along with other Haitian-led groups, is asking House Republicans to unblock $40 million in requested State Department funding for an international security force to help restore order and safe routes for relief groups to operate.


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On Monday, Arizonans gathered at the State Capitol to honor the dead in the war between Israel and Hamas, and demand a halt to the killing.

Liz Hourican, one of the protest organizers, said the event was intended to call on Congress and policymakers to support a ceasefire, enable greater humanitarian access to Gaza and stop the use of American tax dollars for Israel to buy weapons that have killed more than 11,000 Palestinians, including over 4,500 children.

Hourican said it's time to question what she calls the United States' "blind support of Israel."

"The 'security state' that we the taxpayer have long been paying for - and they have a special exemption, with regards to weapons and military funding, etc," she said. "We have to take a look at this, that we are all with blood on our hands as taxpayers."

The Biden administration supports a humanitarian pause in the conflict, but has not yet called for a ceasefire. Some lawmakers in Congress have sponsored efforts to put an end to hostilities in the region and send humanitarian aid to Gaza, but these have gained little traction. This comes as the United Nations High Commissioner for Human Rights Volker Türk last week accused both Israel and Hamas of committing war crimes.

Hourican argued it is unacceptable to think the four-hour daily "humanitarian pauses" Israel recently agreed to in northern Gaza are enough. The protesters said hospitals as well as places of worship shouldn't be caught in the cross-hairs of the conflict. Hourican added they don't think Congress should be funding efforts that put innocent lives in harm's way.

"We cannot pay for an outpost in the Middle East to harm Palestinians. They deserve respect and human rights. One word sums it up - 'equality' - but 'ceasefire' today," she said.

Islamophobia and anti-Semitism have increased across the U.S. since the war erupted. The Council on American-Islamic Relations, a Muslim advocacy organization, received nearly 1,300 requests for help and reports of bias between early October and early November. In an average month last year, the group saw just over 400 complaints.