The almanac

UPI Almanac for Sunday, Aug. 12, 2012.
By United Press International
GOP outguns Dems in super-PAC fundraising

GOP outguns Dems in super-PAC fundraising

WASHINGTON, May 9 (UPI) -- Republican-leaning super-PACs raised $156.5 million while pro-Democratic super-PACs took in $43.4 million so far in the 2012 U.S. election, a review indicated.

Davos doubts center on EU, world economy

DAVOS, Switzerland, Jan. 27 (UPI) -- High-powered talks at the World Economic Forum in this scenic Swiss resort have failed to dispel anxieties and gloom over the future of global economy and immediate and pressing concerns in Europe over the fate of the EU and the eurozone.

Firm reports success at Poland shale well

GDANSK, Poland, Nov. 21 (UPI) -- Shale gas development in Poland has gathered more momentum after news that an Irish-Canadian joint venture has found success with a Baltic Basin well.

Euro for sale

NEW YORK, Oct. 31 (UPI) -- Welcome to the new euro, a wholly-owned subsidiary of China Inc.
MARTIN WALKER, UPI Editor Emeritus
Forbes pegs Gates as richest of the rich

Forbes pegs Gates as richest of the rich

NEW YORK, Sept. 21 (UPI) -- Forbes Magazine said Wednesday Microsoft Corp. co-founder Bill Gates, worth $59 billion, was the richest U.S. citizen in 2011.
Ex-Soros girlfriend wants $50 million

Ex-Soros girlfriend wants $50 million

NEW YORK, Aug. 11 (UPI) -- Left-wing U.S. billionaire George Soros is being sued by an ex-girlfriend, a Brazilian beauty who says Soros reneged on a promise to give her an apartment.
Soros backpedals on gold holdings

Soros backpedals on gold holdings

NEW YORK, May 17 (UPI) -- Billionaire investor George Soros spent much of the first quarter ditching his position in gold, a U.S. regulatory filing said.

Gold, silver tarnished on trading floor

NEW YORK, May 4 (UPI) -- Silver and gold futures tumbled Wednesday on a report that investors George Soros and John Burbank sold precious metals.

Detainees: Secret jail at Bagram base

WASHINGTON, Oct. 15 (UPI) -- Former detainees were subjected to inhumane treatment at what they call the "black jail" at Bagram Air Force Base, Afghanistan, a report issued this week said.
Soros presses China for currency reform

Soros presses China for currency reform

LONDON, Oct. 9 (UPI) -- Currency mogul George Soros Saturday warned that China's monetary policy was putting the world at risk of a disastrous economic collapse.
Big givers shifting focus on donations

Big givers shifting focus on donations

NEW YORK, Sept. 30 (UPI) -- Wealthy Democrats have cut their political donations, leaving Republicans to outspend them on midterm television advertising, a political adviser said.
Billionaire Soros gives NGO $100 million

Billionaire Soros gives NGO $100 million

NEW YORK, Sept. 7 (UPI) -- Investor George Soros said in New York he'll give $100 million to Human Rights Watch, a non-governmental organization, asking the group to raise matching funds.

Iran compiles foreign 'enemies list'

TEHRAN, Jan. 5 (UPI) -- Iran has put together a list of 60 groups it considers enemy agents in a "soft war" against the country, local media report.
Nader's novel is 'utopian' fantasy

Nader's novel is 'utopian' fantasy

WASHINGTON, Sept. 23 (UPI) -- U.S. activist and presidential candidate Ralph Nader says his novel about a group of super-wealthy liberals saving the country is a work of utopian fantasy.
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George Soros
Billionaire currency trader George Soros speaks to the media about his new book "The Bubble of American Supremacy" on January 12, 2004, in Washington. Soros says he is devoting the next year of his life to helping defeat George W. Bush in the November presidential election. Story available: BC-US SOROS (UPI Photo/Roger L. Wollenberg)

George Soros (Hungarian: Soros György; pronounced /ˈsɔroʊs/ or /ˈsɔrəs/, Hungarian: ; born August 12, 1930, as Schwartz György) is a Hungarian-American financier, businessman and notable philanthropist focused on supporting liberal ideals and causes. He became known as "the Man Who Broke the Bank of England" after he made a reported $1 billion during the 1992 Black Wednesday UK currency crises. Soros correctly speculated that the British government would have to devalue the pound sterling.

Soros is Chairman of the Soros Fund Management. In July 2011, Soros announced that he was returning outside investment money (valued at $1 billion) and will only invest his own $24.5 billion family fortune because of new U.S. Securities and Exchange Commission disclosure rules. Soros is also the chairman of the Open Society Institute and a former member of the Board of Directors of the Council on Foreign Relations. He played a significant role in the peaceful transition from communism to capitalism in Hungary (1984–89) and provided Europe's largest-ever higher education endowment to Central European University in Budapest. Later, the Open Society Institute's programs in Georgia were considered by Russian and Western observers to have been crucial in the success of the Rose Revolution. In the United States, he is known for donating large sums of money in an effort to defeat President George W. Bush's bid for re-election in 2004. In 2010, he donated $1 million in support of Proposition 19, which would have legalized marijuana in the state of California. He was an initial donor to the Center for American Progress, and he continues to support the organization through the Open Society Foundations. The Open Society Institute has active programs in more than 60 countries around the world with total expenditures currently averaging approximately $600 million a year.

In 2003, former Federal Reserve Chairman Paul Volcker wrote in the foreword of Soros' book The Alchemy of Finance:

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "George Soros."
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