Elon's Biggest Secret Could Save Your Retirement

From a near-fatal car crash to surviving deadly malaria, Musk's fearless drive built Tesla, SpaceX, and Starlink. Now, he's warning America--and smart investors are listening. Discover the Trump IRS Loophole to protect your IRA & 401(k).

A British billionaire funded therapeutic food production amid USAID 'craziness.' It won't be enough

JAMES POLLARD
April 14, 2025

NEW YORK (AP) -- This "yo-yo" of a year continues for America's nutritional peanut paste manufacturers, nonprofits that have found their lifesaving food packets disrupted by the U.S. State Department's sudden pause in foreign assistance.

Georgia-based MANA Nutrition and Rhode Island-based Edesia Nutrition are two key links in the global supply chain sending nutritional mixtures of ground peanuts, powdered milk, sugar and oil to malnourished children worldwide. American farmers supply ingredients, shipping companies carry paste overseas and NGOs distribute the food throughout countries in need. Any delays complicate the network's delicate logistics, relied upon by millions of children.

Yet the U.S. scrapped all of their upcoming contracts to make peanut butter paste, according to an April 4 email shared with The Associated Press detailing the U.S. Agency for International Development 's anticipated summer demand. Enough boxes to treat more than 450,000 children in Yemen were cancelled and more than 800,000 others "will not move forward at this time."

Complicating matters further, MANA Nutrition CEO Mark Moore said USAID didn't pay $20 million in debts accumulated since December until last week. Neither maker was reimbursed by previous deadlines to expedite debt payments.

Keeping MANA afloat amid the U.S. funding chaos is a longtime partner from across the pond: British billionaire hedge fund manager Chris Hohn.

"The reason I can not be in just complete panic right now," Moore said last month, "is Chris."

But the private support and reopened funding spigot are hardly enough to assure producers they will keep reaching youth in impoverished countries. And they don't expect philanthropy to replace government funding forever.

The ups and downs underscore the pain felt even by the few surviving programs of the Trump administration's USAID purge that recently targeted initiatives keeping millions alive.

Edesia Nutrition is still waiting to be made whole -- and its production lines are running slowly. Production couldn't restart until Edesia CEO Navyn Salem saw "at least some sign of payment."

"It honestly represents an entire life," she said, watching a suspended conveyor belt in March. "Every hour that goes by."

How the butter gets made

A simple recipe is behind the revolutionary treatment for the estimated 45 million children younger than 5 who suffer from "wasting."

Ten ready-to-eat pouches are filled every second inside MANA's rural factory. Locally sourced peanuts are roasted and cooled. Rollers separate kernels from skin before the peanuts are ground into paste and blended with powdered sugar. Kettles heat the final product to kill bacterial growth.

The sticky paste gets pumped into sachets resembling oversized McDonald's ketchup packets. They don't need refrigeration and have a two-year shelf life. Each contains 500 calories, providing vitamins and nutrients necessary for early brain development. Malnourished children can be rehabilitated in six weeks by eating three of these energy-packed meal replacements a day.

The usual cost? About $40 for a 150-packet box.

This "miracle food" became humanitarians' go-to tool for reducing undernutrition, which contributes to nearly half of deaths among children under age 5. NGOs forecast countries' need months in advance. MANA and Edesia compete for government contracts to make the paste. USAID buys their boxes and ships them overseas. Partners such as UNICEF and the World Food Program deliver them.

Salem compares Plumpy'Nut -- the popular brand name given by French company Nutriset -- to baby formula. When the U.S. experienced a shortage, she said, parents didn't feed cookies to their children instead.

"We don't make a nice-to-have food," she said. "You can't replace it with something else."

'Uncertainty and craziness'

All the grinding and mixing was supposed to halt Jan. 29 when MANA and Edesia received stop-work orders from the U.S. State Department.

Secretary of State Marco Rubio said the administration sought a program-by-program review of which USAID projects, criticized as liberal, make "America safer, stronger or more prosperous." He moved to keep strictly life-saving emergency programs going -- but confusion reigned over exemptions.

Moore ignored it nonetheless. "When you have 100,000 pounds of peanut butter surging through a system you can't just really stop," he said.

Welcome news came a week later when the stop orders were rescinded. In late February, however, Moore said USAID contracts totaling $50 million -- enough to treat 300,000 children -- were cancelled. That included requests for countries high on the Famine Early Warning System Network's list of places expected to most need humanitarian food assistance.

Reinstatements arrived late March 2 and MANA began squeezing ready-to-use therapeutic food the following morning after about one week down.

"We're grateful," Moore said. "But there's been a whole lot of uncertainty and craziness injected into our lives."

Thousands of Plumpy'Nut boxes piled up in Edesia's warehouses after the Trump administration paused contracts for their truckers. Salem said some shippers even had contracts terminated while in transit.

Maersk Line, Limited -- a container shipping company that transports ready-to-use therapeutic food, or RUTF -- worked with the U.S. government to comply with the foreign aid pause while "minimizing" supply chain disruptions, according to senior communications and media advisor Patrick Fitzgerald.

Salem halted production on two lines for the first time since her nonprofit's 2010 founding. Edesia finally received $16 million in April for USAID orders shipped last year, she said, but still faces a $20 million hole that opened when the Trump administration froze humanitarian spending abroad. Lacking payments and clarity, she said she was forced to lay off 10% of Edesia's team.

While this period has been difficult, Salem hopes they emerge "more efficient and end up having more impact on children." But switching production on and off is complicated and takes a toll.

"For sure, the ones who have the most costly price (are) children who will lose their lives as a result of these interruptions," Salem said.

A British philanthropist steps up

Enter Hohn. The London-based investor, who is described as unassuming, has made nutrition a cornerstone of The Children's Investment Fund Foundation.

His charity declined to disclose how much money Hohn has donated to MANA. But neither the nonprofit factory nor Hohn views philanthropy as a sustainable way to fund malnutrition work that already lags behind the immense need.

"Sudden aid cuts have immediate and severe consequences for children, depriving them of life-saving support from products like RUTF," Hohn said in a statement to The Associated Press. "While we are working with partners to minimise the impact, short-term solutions cannot replace stable, long-term government funding."

Hohn -- who had previously given more than $250 million to MANA -- called for "urgent action" to bridge the funding gap and "prevent further suffering." The World Food Program has cut food rations and suspended nutrition assistance in recent years amid donor countries' dwindling support.

A federal judge on March 10 ordered Trump officials to begin paying the roughly $2 billion owed to aid groups and businesses up to mid-February.

Therapeutic food composes such a small fraction of U.S. spending that it amounts to a "rounding error," according to Moore. Nobody thought cuts would meaningfully help balance the federal budget.

"All of a sudden, boom. It's in the crosshairs for the first time ever as a partisan-type conversation," he said. "It does, though, highlight how we are at a unique moment where it could be politicized."

___

Associated Press coverage of philanthropy and nonprofits receives support through the AP's collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP's philanthropy coverage, visit https://apnews.com/hub/philanthropy.

Continue Reading...

Popular

Asia shares trade mixed as uncertainty persists over Trump's tariff plans

TOKYO (AP) — Asian shares traded mixed Thursday, as worries crept back following a Wall Street rally that came after appeared to back off and .

Top "60 Minutes" producer quits, saying he can no longer run the show as he has

NEW YORK (AP) — The top producer at “60 Minutes” said Tuesday that he is quitting the show, saying that it has become clear that he would no longer be able to run it as he has in the past.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

China Halts Boeing Deliveries Over Tariffs: CEO Says He Won't Let It 'Derail The Recovery'

Boeing CEO Kelly Ortberg confirmed on Wednesday that China has stopped taking delivery of Boeing aircraft due to escalating trade tensions and high tariffs between the U.S. and China.

Brazilian police probe a pension fraud scheme that stole $1 billion from retirees

SAO PAULO (AP) — 's federal police said Wednesday they are investigating a scheme that diverted over 6 billion reais ($1.05 billion) from pensions paid by the National Social Security Institute.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Scott Bessent's China 'De-Escalation' Scoop Delivered To Wall Street Early At Closed-Door Event — $2.2 Trillion In Gains Later Questions Arise If Retail Investors Were 'Cheated'

Retail investors are raising concerns over U.S. Treasury Secretary Scott Bessent's recent remarks on tariffs and the ongoing trade tensions with China, delivered at a closed-door investor summit hosted by JPMorgan Chase & Co. (NYSE: JPM).

China's fast-growing EV makers pursuing varied routes to global expansion

SHANGHAI (AP) — The world’s auto industry is getting a shake-up from Chinese automakers that are quickly expanding across the globe, offering relatively affordable electric vehicles designed to wow car buyers with sleek designs and the latest high-tech interiors.

Trump's plan to save the U.S. Dollar - Ad

The U.S. Dollar is crashing, and our reserve currency status is now in serious jeopardy leaving some to wonder -- is this being done by design? A 25-year economist and investor answers here... and details the exact steps you should be taking with your money to prepare.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Trump Says Tariffs Could Replace Income Tax: Experts Warn The Math Doesn't Work

Trump suggests tariffs could fully fund govt. and eliminate income tax. Experts criticize, citing unrealistic numbers, economic harm.

Judge rules federal government owes nearly $28 million to North Dakota for pipeline protests

BISMARCK, N.D. (AP) — A federal judge on Wednesday found the state of North Dakota entitled to nearly $28 million for responding to protests of the Dakota Access oil pipeline in 2016 and 2017 — a win for the state in its multiyear effort to recoup the costs from the federal government.

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

Ex-Cellmate Says Epstein Was Offered Plea Deal for Information on Trump: 'Give Them Something on Trump To Get Him Impeached'

Jeffrey Epstein was allegedly offered a plea deal by federal prosecutors. The deal was contingent on Epstein providing information on President Trump, as claimed by Epstein's former cellmate.

China says there are no negotiations with the US over tariffs

BANGKOK (AP) — China on Thursday denied U.S. President Donald Trump's assertion that the two sides were involved in active negotiations over tariffs, saying that any suggestion of progress in this matter was as groundless as “trying to catch the wind.”

Elon Musk Drops Stunning Bombshell? - Ad

Behind closed doors, Musk revealed a game-changing breakthrough technology that could shake the tech world & crush major companies. Why is no one talking about it? Luckily, we had a man on the inside - watch now to see the details & how to profit!

Edmunds: Five used luxury EVs you can get for cheap

Just about every premium brand sells at least one luxury electric vehicle, and some offer several choices. But new luxury EVs are expensive, and many have prices starting around six figures. If that’s beyond your budget, consider buying a used model. You could save tens of thousands of dollars versus buying new.

Intel Plans To Slash Over 20% Of Workforce As Lip-Bu Tan Carries Out Major Restructuring: Report

Intel plans to cut over 20% of its workforce as part of a major restructuring under new CEO Lip-Bu Tan, aiming to streamline operations and reduce bureaucracy.

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

South Carolina Senate seek at hearing to remove state treasurer over $1.8B accounting error

COLUMBIA, S.C. (AP) — South Carolina's Republican-dominated Senate and its elected Republican treasurer faced off Monday in an extraordinary hearing as senators try to kick the treasurer over a $1.8 billion accounting error.

NVDA CEO Set to Upend Tech World W/ New AI Announcement - Ad

Nvidia's CEO is about to make a game changing AI announcement--one that could ignite a $20 trillion boom and unleash the next wave of massive profits. Think you missed the AI surge? The biggest gains may still lie ahead.

China's Chip Breakthrough Without ASML Makes Chamath Palihapitiya Take Stock Of Beijing's 'Formidable' Nature: 'America Can Win If…'

Former Intel executive William Huo highlights China's breakthrough in producing 5nm chips without EUV technology, sparking concerns from Chamath Palihapitiya that the U.S. risks losing its technological edge to China without urgent innovation.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

China May Hit US Where It Hurts Amid Trump's Tariff War — Services Trade In Crosshairs, With Walt Disney, IMAX And Warner Bros. Discovery In Focus

As Washington doubles down on its trade war with China, and tariffs now going as high as 104%, some leading experts believe that the Middle Kingdom might have an ace up its sleeve, that could hit the United States where it hurts most—Services.

Despite a court order, White House bars AP from Oval Office event

Despite a court order, a reporter and photographer from The Associated Press were barred from an Oval Office news conference on Monday with President Donald Trump and his counterpart from El Salvador, Nayib Bukele.

The Big Texas Party No One Is Talking About... - Ad

Hundreds gathered to privately celebrate deep in Texas' brush country -- locals, state officials, energy insiders, a former U.S. Secretary of Energy, even George W. Bush. Why? Opportunity and MONEY. Not from oil or natural gas ... but an energy-packed METAL that's set to unleash a massive, new third wave of Texas energy wealth.

Trump administration reverses long-held guidance on 'road diets' for traffic safety

A stylist was just starting her shift at a salon in Kansas City, Missouri, when a car smashed through the storefront window and landed in the waiting area a few feet away.

Secondhand stores are poised to benefit if US tariffs drive up new clothing costs

NEW YORK (AP) — Stores selling secondhand clothes, shoes and accessories are poised to benefit from President even as race to avert potential damage, according to industry experts.

Trump to Unlock 15-Figure Fortune for America (May 3rd)? - Ad

This map looks ordinary--but according to insider Jim Rickards, it reveals a hidden government asset so massive . Trump may soon unlock it--learn how to position yourself before it's too late!

'Dr. Doom' Rips Trump Over Fed Attacks: Fed Chair Helping President By Not Blinking In 'Clusmy Blame Game' As Rate Cuts Could Backfire

Macroeconomic expert Nouriel Roubini, commonly referred to as "Dr. Doom," has pushed back against President Donald Trump's verbal jabs at Fed Chair Jerome Powell, and his escalating attacks on the Federal Reserve's autonomy, amid demands for a preemptive rate cut.

New Study: 50 Stocks Will Crash While 7 MAGA Stocks Will Soar - Ad

If you own any of these stocks -- directly or through mutual funds -- I want to encourage you to sell them before April 30th. I've compiled all 50 companies in my "MAGA Blacklist" report. Your retirement could depend on seeing this list.

Donald Trump's Trade War: JPMorgan Predicts Deals, Higher Taxes and Potential Recession Avoidance

JPMorgan (NYSE: JPM) has predicted that the ongoing tariff war initiated by President Donald Trump could lead to some agreements between the US and its trade partners, along with a significant rise in tax rates.

PHOTO ESSAY: In a Greek island monastery, a monk has kept together faith and community for 50 years

AMORGOS, Greece (AP) — For more than 50 years, Spyridon Denaxas — or Father Spyridon, as he’s affectionately called — has prayed, worked and welcomed the faithful in a millennium-old monastery carved into a seaside cliff on the Greek island of Amorgos.

Nvidia Is About to Shock the World: July 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

RFK Jr. Will Phase Out Artificial Food Dyes By End Of 2026: What It Means For Pepsi, Coca-Cola, General Mills

U.S. health officials announced Tuesday that the Food and Drug Administration will phase out petroleum-based synthetic food dyes by the end of 2026 in a major shift for the nation's food industry.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service