The Global Fund to Fight AIDS, Malaria and Tuberculosis, which is credited with saving millions of lives, is slated to get $750 million to continue its work. The Bill and Melinda Gates Foundation renewed its commitment to the fund on Thursday during an annual meeting of the World Economic Forum in Davos, Switzerland. Microsoft founder […]
Fund to Battle AIDS, Malaria, TB Gets $750 Million
Fund to Battle AIDS, Malaria, TB Gets $750 Million
The Global Fund to Fight AIDS, Malaria and Tuberculosis, which is credited with saving millions of lives, is slated to get $750 million to continue its work. The Bill and Melinda Gates Foundation renewed its commitment to the fund on Thursday during an annual meeting of the World Economic Forum in Davos, Switzerland. The global […]
German Court Rules in Favor of European Economic Bailouts
Germany’s Constitutional Court has upheld the country’s participation in the European Union rescue fund, but says the German parliament should have greater say in future economic bailout packages. The court ruled Wednesday that the German government is now required to seek the approval of parliament’s budgetary committee before taking part in any further large-scale economic […]
German Court Rules in Favor of European Economic Bailouts
Germany’s Constitutional Court has upheld the country’s participation in the European Union rescue fund, but says the German parliament should have greater say in future economic bailout packages. The court ruled Wednesday that the German government is now required to seek the approval of parliament’s budgetary committee before taking part in any further large-scale economic […]
German Court to Rule on Legality of European Rescue Fund
Germany’s Constitutional Court is set to rule Wednesday on a legal challenge to the country’s participation in the European Union rescue fund. The lawsuit was brought by a group of six lawmakers and professors, who argue the initial economic bailout of Greece and the subsequent formation of the $620 billion eurozone bailout fund violate both […]
Soros to Stop Managing Outside Investments
One of the world’s best known investment managers, George Soros, says he plans to stop managing other peoples’ money by the end of the year and return nearly a billion dollars to investors. Soros, who turns 81 next month, told outside investors in his $25 billion Quantum fund on Tuesday that he plans to continue […]