UPI Almanac for Tuesday, Aug. 12, 2014

UPI Almanac for Tuesday, Aug. 12, 2014

UPI Almanac for Tuesday, Aug. 12, 2014
By United Press International

Pot legalization not likely on California ballot this year

SACRAMENTO, Feb. 18 (UPI) -- Marijuana legalization may not be on the ballot in California this year because a coalition of backers says it plans to wait until 2016 to push the initiative.

Report: U.S. military forced doctors to aid in torture of detainees

WASHINGTON, Nov. 4 (UPI) -- Medical personnel working at U.S. military prisons were forced to collaborate in the inhumane treatment of prisoners, a report by an independent panel alleges.

Greece expects an economic turnaround to start soon

ATHENS, Greece, Oct. 7 (UPI) -- The Greek government said Monday the country's economy, mired in recession for six years, could soon turn a corner and return to growth.
Former Miss Russia released from drug rehab program

Former Miss Russia released from drug rehab program

NEW YORK, Oct. 2 (UPI) -- A New York judge has granted former Miss Russia Anna Malova's release from a court-mandated drug rehabilitation program.

The almanac

UPI Almanac for Monday, Aug. 12, 2013.
By United Press International

Soros jumps into fray at Herbalife

LOS ANG, Calif., Aug. 1 (UPI) -- Yet another billionaire investor has stirred the pot at Herbalife Ltd., buying shares of the California company that one billionaire called a pyramid scheme.

Investor George Soros urges European unity

ATHENS, Greece, June 28 (UPI) -- Billionaire investor George Soros said in Athens Friday the European Union's image had been altered by the economic crisis.

Shipping industry leader Paul Soros dies at 87

NEW YORK, June 15 (UPI) -- Shipping industry leader Paul Soros died at his New York home Saturday, his son Peter said. He was 87.
J.C. Penney close to securing $1.75B loan

J.C. Penney close to securing $1.75B loan

PLANO, Texas, April 27 (UPI) -- J.C. Penney Co. is close to securing a $1.75 billion loan that would be secured by the U.S. department store chain's property, The Wall Street Journal reported.
Gold stumbles from 2011 peak

Gold stumbles from 2011 peak

NEW YORK, April 11 (UPI) -- A long and lustrous climb in gold prices appears to be losing ground as the U.S. economic recovery becomes more firm, market analysts say.

Guinea sparks showdown over mineral riches

CONAKRY, Guinea, Nov. 15 (UPI) -- The head of the Treasury in the Guinea has been assassinated amid a looming showdown over the West African country's fabled mineral riches.

Jackson tells voters, 'Wake the F--- Up!'

NEW YORK, Sept. 28 (UPI) -- A video featuring actor Samuel L. Jackson urging voters to "Wake the [Expletive] Up" and re-elect U.S. President Barack Obama was posted online Thursday.
Soros donates $1M to Obama super PAC

Soros donates $1M to Obama super PAC

WASHINGTON, Sept. 28 (UPI) -- Billionaire financier George Soros has donated $1 million to Priorities USA, a super PAC backing President Barack Obama, sources told The Hill.

Soros to Germany: 'Lead or leave' eurozone

BERLIN, Sept. 10 (UPI) -- Germany should either lead the eurozone out of recession by promoting needed growth or leave the currency union itself, billionaire financier George Soros said.
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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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