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Prospectus:Institutional Class Shares are available only to institutional investors and certain broker dealers and financial institutions that have entered into appropriate arrangements with the Fund. These arrangements are generally limited to discretionary managed, asset allocation, eligible retirement plan or wrap products offered by broker-dealers and financial institutions.
NYTimes, March 25, 2025 https://www.nytimes.com/2025/03/26/health/usaid-cuts-gavi-bird-flu.htmlThe Trump administration intends to terminate the United States’ financial support for Gavi, the organization that has helped purchase critical vaccines for children in developing countries, saving millions of lives over the past quarter century, and to significantly scale back support for efforts to combat malaria, one of the biggest killers globally.
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Gavi is estimated to have saved the lives of 19 million children since it was set up 25 years ago. The United States contributes 13 percent of its budget.
Politico, July 17, 2025US has wasted hundreds of thousands of vaccines meant for Africa, health officials there say
The U.S. has sent 91,000 out of the more than 1 million the Biden administration pledged, and 220,000 mpox vaccine doses have enough shelf life to ship if the Trump administration signs off, according to an Africa CDC spokesperson.
The loss of the mpox shots comes after President Donald Trump cut back foreign aid programs and closed the U.S. Agency for International Development, which administered most of them.
Congress this week passed a bill requested by Trump rescinding hundreds of millions of dollars in global health funding.
Comment: "there was nothing extraordinary about any drone incursion".Federal Aviation Administration officials were forced to close El Paso’s airspace late Tuesday after the Defense Department decided to use new anti-drone technology without giving aviation officials ample time to assess the risks to commercial airlines, according to four people briefed on the situation.
Those accounts, offered on the condition of anonymity because the officials were not authorized to comment publicly, challenge the official explanation from the Trump administration. Transportation Secretary Sean Duffy, along with representatives for the White House and the Pentagon, insisted on Wednesday that a sudden incursion of drones from Mexican drug cartels had necessitated a military response, which prompted the F.A.A. to close the airspace.
The military has been developing high-energy laser technology to intercept and destroy drones, which the Trump administration has said are used by Mexican cartels to track Border Patrol agents and smuggle drugs into the United States. According to the people briefed on the situation, El Paso’s airspace was shut down when the Defense Department, operating out of Fort Bliss, a nearby Army base, decided to mobilize that new technology over the F.A.A.’s objections.
According to two of the people briefed on the situation, military officials deployed that technology earlier this week against what they thought was a cartel drone, but which turned out to be a party balloon. That operation was carried out without proper coordination with the F.A.A., the people said.
According to the four people briefed on the matter, at the time F.A.A. officials closed the airspace, the agency had not yet completed a safety assessment of the risks the new technology could pose to other aircraft. Two of the people added that F.A.A. officials had warned the Pentagon that if they were not given sufficient time and information to conduct their review, they would have no choice but to shut down the nearby airspace.
Aviation and military officials had planned to meet on Feb. 20 to discuss the potential implications, three of the people said. But when the military decided to act sooner, without moving up that meeting, F.A.A. officials responded by imposing a rare, 10-day closure of the surrounding airspace up to 18,000 feet, out of concern for the safety of other aircraft in the region, citing “special security reasons.”
The F.A.A. did not respond to requests for comment about the circumstances that led to the airspace closure, and a Pentagon spokesman repeated the military’s assertion that it had responded to a drone incursion.
A senior administration official, speaking on the condition of anonymity to address the dispute, challenged the claim of a failure of communication, saying that the Pentagon and the Department of Transportation had been coordinating with the aviation agency for months and that it had been assured that there was no threat to commercial air travel.
On Wednesday, many officials questioned why a particular drone incursion would have prompted such a sweeping response from the F.A.A. “There have been drone incursions from Mexico going back to as long as drones existed,” Representative Veronica Escobar, the Texas Democrat representing El Paso in Congress, said at a news conference. “This is not unusual, and there was nothing extraordinary about any drone incursion into the U.S. that I’m aware of.”
Comments: "The F.A.A. and the Transportation Department did not offer an explanation as to why the airspace over El Paso was initially closed for 10 days."The F.A.A. and the Transportation Department did not offer an explanation as to why the airspace over El Paso was initially closed for 10 days. That is far longer than closures that are typical for any individual drone incursion, and not a standard length of time for an F.A.A. closure, according to people familiar with the protocols.
Yes @Mark. I looked this up for @Derf this morning (re different thread) with a Google AI query. DraftKings now facilitates"Can one bet on the min/hr/day outcomes on Draftkings or similar?"
Sometimes perfection really is the enemy of the good. Christine Benz, Morningstar’s personal finance and retirement guru, has come up with some “good enough” solutions for portfolios and financial plans that work well for most of us.
The Chinese government has a history of capricious industry interference (e.g., tech, education).Note that the second largest economy to the U.S. is China.
Why would one feel "safer" there than at home?
Might be like leaping out of the kettle into the fire.
Workers were winding down their construction activity on the biggest transportation infrastructure project in the nation as the Trump administration’s prolonged suspension of its funding was scheduled to bring work to a halt on Friday. The project, known as Gateway, centers on a new $16 billion rail tunnel under the Hudson River between New York City and New Jersey. Nearly 1,000 people have been working at sites on both sides of the Hudson and in the river, and more than $1 billion has already been spent, according to the project’s planners, the Gateway Development Commission.
Nearly all of that work was scheduled to stop on Friday unless federal officials agreed to restore Gateway’s funding or a court ordered them to. The commission sued the government for breach of contract in a federal court in Washington on Monday, contending that it was owed more than $200 million in expenses that had not been reimbursed. The states of New York and New Jersey filed a separate suit in federal court in Manhattan this week.
“We’re just in shutdown mode,” said a shop steward of the Laborers’ Union, as he stood on a hushed construction site on the western edge of Manhattan on Thursday afternoon, surrounded by fellow workers who feared they could be out of work by Saturday. The workers were preparing for a pause of unpredictable duration, so they would not remove the cranes and other equipment from the sites just yet.
Some of the workers facing layoffs were working on barges in the ice-filled Hudson River, driving hollow steel cylinders called “king piles” into the river’s bottom, but at least a few of them would have to remain, to protect the work that has been completed and to steer ships away from it.
Federal transportation officials had said that the suspension would last until a review of the project’s contracts for compliance with new policies regarding diversity could be completed. The Gateway Development Commission said it had responded to all of the transportation department’s requests and that all of its contracts with disadvantaged businesses had been “appropriately certified.”
Elected officials from New York and New Jersey held out hope that the Trump administration would relent before the end of the week. The White House gave a different reason for the prolonged suspension in a statement last month, pinning responsibility on Sen. Chuck Schumer of New York and other Democrats for refusing to negotiate and alluding to their stances on immigration policies.
For myself-• Using my own fantastically accurate financial prediction formulation developed by my incredible STEM-quality brain I sold all of my silver position at the very high and took immense profits before the current market decline.
Well, I still own my silver position, and it's way down from the "high", but what the hell, it's only a 7k purchase now down to 8.5k, so I'll just have to see what happens next.
For myself-• Using my own fantastically accurate financial prediction formulation developed by my incredible STEM-quality brain I sold all of my silver position at the very high and took immense profits before the current market decline.
Well, I still own my silver position, and it's way down from the "high", but what the hell, it's only a 7k purchase now down to 8.5k, so I'll just have to see what happens next.
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