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Foundation to Spend $1.3B to Vaccinate Africans for COVID Voice of America 09 Jun 2021, 23:35 GMT+10 One of the world s largest foundations will spend $1.3 billion over the next three years to acquire and deliver COVID-19 vaccines for more than 50 million people in Africa. It s a first-of-its-kind effort for a Western nonprofit to bolster Africa s lagging vaccination campaign amid widespread fears of a third wave of infections on the continent. The Tuesday announcement from the Toronto-based Mastercard Foundation, which has more than $39 billion in assets, comes days after the World Health Organization said Africa was encountering an alarming mix of a spike in virus cases and a near halt of vaccine shipments. The delays have been tied to India s halt on vaccine exports, among other things. ....
Vietnam s cloth imports up 33 pct in five months Xinhua 04 Jun 2021, 14:05 GMT+10 HANOI, June 4 (Xinhua) Vietnam spent nearly 6 billion U.S. dollars in cloth imports in the first five months of this year, posting a surge of 33 percent year on year, according to the General Statistics Office on Friday. Between January and May, Vietnam imported some 736,000 tons of cotton worth roughly 1.3 billion U.S. dollars, up 11 percent in volume and 19.7 percent in value year on year. Over the period, the Southeast Asian country also spent over 1.1 billion U.S. dollars importing 508,000 tons of yarn, up 34.4 percent and 25.8 percent respectively year on year. ....
Message : Required fields NEW YORK (Reuters) - Private equity firms have spent nearly $40 billion buying U.S. insurance companies in recent years, promising to earn higher returns on the mountains of money that insurers set aside to pay policyholders years or decades from now. The firms are moving some of the money out of traditional low-yield investments such as government bonds into riskier, harder-to-sell assets such as private loans and equity. The shift has caught the eye of regulators and raised concerns about a cash crunch if asset managers had to liquidate large portfolios in a hurry to meet insurance claims. ....
Vice President Kamala Harris spent the weekend under fire from Republicans, which of course means that Kamala Harris spent the weekend being criticized for ....