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In a struggling economy that has governments cutting services and employers laying off workers, the local church, its collection plate light and its capital fund filled with depreciated stocks, does not stand apart.
His alternative is a palliative: a rainy-day fund filled when capital gains are high.In the same eat-your-broccoli vein, Mr Brown wants to start reducing California's $355 billion debt pile, a combination of short-term debt incurred in the bad years and unfunded pension and retiree health-care costs.
They extended the "Kurzarbeit" or "short work" program to encourage companies to furlough workers or give them fewer hours instead of firing them, making up lost wages out of a fund filled in good times through payroll deductions and company contributions.
His alternative is a palliative: a rainy-day fund filled when revenues from capital-gains taxes exceed 6.5% of the state's general fund (this year they may reach 10%).In the same eat-your-broccoli vein, Mr Brown wants to start reducing California's $355 billion debt pile, a combination of short-term debt incurred in the bad years and unfunded pension and retiree health-care costs.
It's easy to see other investors getting excited about a kind of exchange-traded fund filled with unicorns, too.
The scheme, called the Affordable Medicines Facility for Malaria, was officially launched today in Oslo with a $225 million budget, thanks to donations by the United Kingdom and UNITAID, an international fund filled with taxes on plane tickets.
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The new effort, christened the Early Stage Innovation Fund, fills a gap in the S.B.A.'s menu of assistance.
The Goldman Sachs Group has named Edward C. Forst as the co-head of the investment management unit that oversees more than $796 billion in assets, including the Global Alpha hedge fund, filling a position vacated three months ago.
Forty years on, our cities are clamouring for sky-high business towers and indulging in whale-like arts and cultural centres that future generations may well find hard to staff, fund, fill and maintain.
Shasta Camera Fund fills that gap".
Mozilla's SOS fund fills a critical gap in cybersecurity by creating incentives to find the bugs in open source and letting people fix them".
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CEO of Professional Science Editing for Scientists @ prosciediting.com