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Foreign Aid from top donors drops even as need soars

JOHANNESBURG (AP) — A new snapshot of the frantic global response to the coronavirus pandemic shows some of the world’s largest government donors of humanitarian aid are buckling under the strain: Funding commitments, for the virus and otherwise, have dropped by a third from the same period last year.

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EU agrees on $2.1 trillion deal after marathon summit

BRUSSELS (AP) — After four days and nights of wrangling, exhausted European Union leaders finally clinched a deal on an unprecedented 1.8 trillion-euro ($2.1 trillion) budget and coronavirus recovery fund early Tuesday, after one of their longest summits ever.

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The Murky Future of Nuclear Power in the United States

A view into Unit 4 at the Alvin W. Vogtle generating station in Georgia. The complex plans to use AP1000 reactors from Westinghouse. Credit via Georgia Power

Image: A view into Unit 4 at the Alvin W. Vogtle generating station in Georgia. The complex plans to use AP1000 reactors from Westinghouse. Credit via Georgia Power

nytimes.com - February 18th 2017 - Diane Cardwell

This was supposed to be America’s nuclear century.

The Three Mile Island meltdown was two generations ago. Since then, engineers had developed innovative designs to avoid the kinds of failures that devastated Fukushima in Japan. 

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United Kingdom Votes to Leave EU in Historic Referendum

           

Philippe Wojazer/Reuters

Britain has voted to exit the European Union. It is a historic decision sure to reshape the nation’s place in the world.

Britain held a referendum on Thursday on whether to leave the European Union, a process often referred to as “Brexit.”

CLICK HERE - CNN - Brexit News Coverage

CLICK HERE - BBC - Business Live: Markets in turmoil

CLICK HERE - The Guardian - LIVE - EU Referendum

CLICK HERE - Reuters - LIVE - EU Referendum

CLICK HERE - The Telegraph - EU Referendum

CLICK HERE - The UK's EU referendum: All you need to know

CLICK HERE - EU referendum petition signed by more than 2.5m

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Worst day in 10 months as Wall Street reacts to 'Brexit'

reuters.com - June 24th 2016 - Rodrigo Campos

The S&P 500 turned negative for the year-to-date on Friday as Wall Street suffered its largest selloff in 10 months after Britain's decision to leave the European Union caught traders wrong-footed.

In the busiest trading volume for a single session in nearly five years, financial stocks .SPSY led the decline on the S&P 500 with a 5.4 percent drop -the largest for the sector since November 2011.

The S&P 500 lost all the year's gains and suffered its largest decline since late August last year.

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IMF to provide new funds to help three main Ebola-hit nations

REUTERS   by James Harding Giahyue                                                  Jan. 8, 2015

The International Monetary Fund is preparing around $150 million in additional support to Liberia, Sierra Leone and Guinea, the countries at the heart of the Ebola epidemic, the Fund's representative in Liberia told Reuters on Thursday.

"In Guinea and Sierra Leone, existing Fund financial programs are being augmented to provide more resources to these countries. In Liberia, a one-off disbursement under the Fund's Rapid Credit Facility is being considered," Charles Amo-Yartey told Reuters in an email.

The money could be made available in the first quarter of this year and would add to $130 million disbursed by the Fund in September.

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http://www.reuters.com/article/2015/01/08/health-ebola-imf-idUSL6N0UN3RA20150108

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Insurance companies now write Ebola exclusions into policies; offer Ebola-related products

HOMELAND SECURITY NEWS WIRE                Oct. 27, 2014

U.S. and British insurance companies have begun to write Ebola exclusions into their policies for hospitals, event organizers, airliners, and other businesses vulnerable to disruption from the disease.

As a result, new policies and renewals will become more expensive for firms looking to insure business travel to West Africa or to cover the risk of losses from Ebola-driven business interruptions (BI).The cost of insuring an event against Ebola, for example, would likely be triple the amount of normal cancellation insurance — if the venue was in a region not known to be affected by the virus.

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http://www.homelandsecuritynewswire.com/dr20141027-insurance-companies-now-write-ebola-exclusions-into-policies-offer-ebolarelated-products

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UK pledges £80m more aid to tackle Ebola epidemic in Sierra Leone

 

UPDATE:   EUROPEAN UNION ANNOUNCES ADDITIONAL FUNDING, NAMES AN EBOLA COORDINATOR 

NEW YORK TIMES   

By James Kanter and Andrew Higgins                                                                      OCT. 24, 2014

BRUSSELS--

...  Angela Merkel, the German chancellor, announced tody that Christos Stylianides, the coming European commissioner for humanitarian aid and crisis management, would be named Ebola coordinator.

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It's the Law: Big EU Companies Must Report on Sustainability

greenbiz.com - April 17, 2014

Wednesday was a historic day in Europe, where a new law will require its biggest companies to include sustainability factors as part of their annual financial report.

In a 599-55 vote, the European Parliament passed the law, which applies to publicly traded companies with more than 500 employees. They must address "policies, risks and results" in relation to "social, environmental and human rights impact, diversity and anti-corruption policies" in their annual reports.

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Global Reporting Initiative - About Sustainability Reporting

ALSO SEE - The EU law on non-financial reporting - how we got there

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UK Floods: Prime Minister Says Money No Object in Relief Effort

      

David Cameron: "Whatever money is needed, we will spend it."

bbc.co.uk - February 11, 2014

The prime minister says money will be no object as flood relief efforts continue across swathes of the UK.

David Cameron warned the severe weather was not over, saying: "Things could get worse before they get better."

Speaking at a Downing Street press conference after returning from the flood-stricken South West, Mr Cameron said: "Money is no object in this relief effort. Whatever money is needed, we will spend it."

He said recovering from the floods could take time, telling reporters: "It will be a long haul and it will require a stepped up national effort, with the whole country pulling together.

He vowed lessons would be learned, adding: "We will deal with the floods and we will build a more resilient country for the future."

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(CLICK ON THE LINKS BELOW FOR UK FLOODING PICTURES)

http://www.businessinsider.com/uk-flooding-pictures-2014-2

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