Melissa Nann Burke The Detroit News Published 4:50 PM EDT Mar 28, 2019 Washington — President Donald Trump on Thursday reversed course on his administration's proposal to eliminate $17.6 million in federal grant funding for the Special Olympics. "The Special Olympics will be funded. I just told my people," Trump told reporters as he departed the White House for a Michigan rally, claiming he'd learned about the proposal Thursday morning. "I want to fund the Special Olympics. ... I've been to the Special Olympics. I think it's incredible." The reversal came after an outcry in recent days over Education Secretary Betsy DeVos and her department's plan to end funding for the Special Olympics as part of $7 billion in budget cuts for next year. The Education Department also proposed a $12 million reduction for Special Olympics last year that the Congress rejected. DeVos, a school choice advocate from the Grand Rapids area, had … [Read more...] about In reversal, Trump says Special Olympics ‘will be funded’
Open ended fund
VinaCapital launches Fund
VinaCapital Fund Management JSC has announced the establishment of the VinaCapital Insights Balanced Fund, its fourth open-ended fund. — VNS PhotoViet Nam News HCM CITY — VinaCapital Fund Management Joint Stock Company has announced the establishment of the VinaCapital Insights Balanced Fund. It is its fourth open-ended mutual fund, the others being VinaWealth Enhanced Fixed Income Fund, VinaWealth Equity Opportunity Fund and Vietnam Equity Special Access Fund. The new fund seeks to diversify VinaCapital’s open-ended products and will comprise investment in bonds, treasury bills, fixed income assets, and stocks of listed companies. Units are available for initial public offering until April 15. Nguyễn Thị Thái Thuận, VCFM general director, said with the increasing demands of investors for diversity of product portfolio, VCFM has in recent years focused on developing products offering many new choices and increasing revenue … [Read more...] about VinaCapital launches Fund
Otso Diretso opens online funding account, asks for donations for ‘Volunteer Campaign’
MANILA - Opposition slate Otso Diretso on Wednesday put up an online funding campaign and appealed to their supporters to raise funds for the “volunteer campaign” of the coalition. The slate -- composed of Magdalo Rep. Gary Alejano, incumbent Senator Bam Aquino, De La Salle University College of Law founding dean Chel Diokno, Moro civic leader Samira Gutoc, former Solicitor General Florin Hilbay, election lawyer Romulo Macalintal, former Senator Mar Roxas, and former House Deputy Speaker Erin Tañada -- has been relying on house-to-house campaigning and volunteers as most local government officials refuse to host their sorties in towns and provinces. Most of the Otso Diretso candidates “lack funds,” Otso Diretso campaign manager and Liberal Party President Francis “Kiko” Pangilinan said in a statement attached to the online funding campaign. “Anumang husay, karanasan, at paninindigan ang mayroon sila, mababalewala ito kung hindi sila … [Read more...] about Otso Diretso opens online funding account, asks for donations for ‘Volunteer Campaign’
Dai ichi Life Vietnam Fund Management Company launches open ended fund
Dai-ichi Holdings is deepening its roots in Vietnam in order to cash in on the market’s immense potential. Dai-ichi Life Vietnam has grown into the fourth largest life insurers in Vietnam Dai-ichi Life Vietnam Fund Management Company Limited – the wholly-owned subsidiary of Dai-ichi Life Insurance Company of Vietnam which is a member of Dai-ichi Holdings Inc. from Japan – has just launched its DFVN Capital Appreciation Fund with the charter capital of more than VND75 billion ($3.2 million). The move is in conformity with the Incorporation License for public securities investment fund No.34/GCN-UBCK by the State Securities Commission of Vietnam dated January 3, 2019. The new fund (DFVN-CAF) is the first open-ended fund established and managed by DFVN. With dedicated and experienced on-the-ground team of professionals, DFVN has been entrusted to manage the life insurance funds of the Dai-ichi Life Insurance Company of Vietnam (or Dai-ichi Life Vietnam) with … [Read more...] about Dai ichi Life Vietnam Fund Management Company launches open ended fund
Longest Shutdown Ever: With No End in Sight, Battle for Border Wall Rages, Democrats Continue Opposition
As of Saturday, when the partial government shutdown hits day number 22, the government will have been shut down for the longest time ever in the history of the United States of America. Funding lapsed for about a quarter of the federal government in late 2018, a few days before Christmas, as Democrats in the U.S. Senate blocked efforts by President Donald Trump to fund his planned border wall along the U.S. border with Mexico.Republicans still controlled the House and passed a measure of their own to fund the president’s wall to the tune of more than $5 billion while keeping the government open. The Senate, which remains under GOP control, passed a different measure that would have funded the government but provided zero dollars for the wall. The impasse led to a shutdown of about a quarter of the federal government, with several key departments and agencies including the Department of Homeland Security (DHS), the IRS, the Department of Transportation, and many others–with … [Read more...] about Longest Shutdown Ever: With No End in Sight, Battle for Border Wall Rages, Democrats Continue Opposition