Source Pravda.Ru

George Soros to cut financing for Russia

Financier and philanthropist George Soros is cutting financing to Russia, he said at a press conference in Moscow on June 9. He said that beginning next year he will allocate only USD 10 million for his fund's work in Russia.

'The fund must not be supported by me alone, but also by the government,' said Soros. Moreover, he said that it was necessary to attract businesspeople and banks to financing.

Soros also said that if his fund did not find additional financing 'it's plans would not be realized in life.' Soros opened his fund in Russia in 1987. At the present time the fund has 20 branches in the Russian regions. Soros has invested USD 1 billion since the fund's inception.

Comments
Presidential and midterm elections in the USA change the 'American project' entirely
Presidential and midterm elections in the USA change the 'American project' entirely
Russian scientists develop technology to create HIV resistant human embryos
Russia rips its economy apart with help from the West
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Moving inexorably towards war
Russia rips its economy apart with help from the West
Austria will not ruin its friendship with Russia despite spy scandal
World War I: Remembering the fallen, and the war criminals
Norwegians complain of demoralised NATO soldiers
Russia rips its economy apart with help from the West
MP suggests replacing Lenin's mummy with rubber figure
Austria will not ruin its friendship with Russia despite spy scandal
Russia rips its economy apart with help from the West
Russia unveils nuclear-powered interstellar spaceship
Russia rips its economy apart with help from the West
NATO to build prestrike staging base in Georgia
MP suggests replacing Lenin's mummy with rubber figure
Russia rips its economy apart with help from the West
Russia rips its economy apart with help from the West