Global Fund Raises $14.25 billion To End HIV, TB and Malaria

Global Fund Raises $14.25 billion To End HIV, TB and Malaria The Global Fund to Fight AIDS, Tuberculosis and Malaria raised $14.25 billion Wednesday at a donor conference led by US President Joe Biden, as decades of progress against the diseases are set back by Covid. It was the highest amount ever pledged for a multilateral health organization — but fell far short of the ambitious goal of $18 billion after the United Kingdom and Italy said their announcements would come later. The Global Fund was created in 2002, bringing…

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Bank Of England Hikes Interest Rate Again As UK Enters Recession

Bank Of England Hikes Interest Rate Again As UK Enters Recession The Bank of England hiked its interest rate again on Thursday to combat soaring inflation as it warned that the UK’s economy had already slipped into recession. The BoE’s decision caps a busy week for central banks as its peers in the United States and elsewhere in Europe further tightened their own monetary policies in global efforts to tame runaway inflation. The British central bank’s decision had been postponed from last week following the death of Queen Elizabeth II.…

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