Soros pledges $500m to ease migrant crisis

Soros pledges $500m to ease migrant crisis
Business magnate George Soros arrives to speak at the Open Russia Club in London, Britain June 20, 2016. REUTERS/Luke MacGregor

George Soros promises to invest $500 million to “meet the needs” of migrants and refugees globally. 

 

  • Billionaire investor George Soros said he would invest $500 million to meet the needs of migrants and refugees.
  • Investment comes in response to the Obama administration's "Call to Action" initiative.
  • Plans to work closely with the Office of the United Nations High Commissioner for Refugees and the International Rescue Committee to guide his investments.

 

(BENGALURU, INDIA) Billionaire investor George Soros said in an opinion piece in the Wall Street Journal that he would invest $500 million to meet the needs of migrants and refugees.

 

The investment comes in response to the Obama administration's "Call to Action" initiative, asking U.S. companies to help ease the migrant crisis. (on.wsj.com/2cE0JnK)

 

Soros, founder of the Open Society Foundations, also said he plans to work closely with the Office of the United Nations High Commissioner for Refugees and the International Rescue Committee to guide his investments.

 

This comes a day after the ceasefire between the U.S. and Russia in Syria ended, after a US air sortie struck the Syrian government base on Al-Tharda mountain near Deir ez-Zor over the weekend, and in a separate strike currently unclaimed by either the Russians or the US, an aid convoy near Aleppo.

 

Open Society Foundations was not immediately available for comment.

 

This article was contributed by Reuters

Please contact TRUNEWS correspondent Edward Szall with any news tips related to this story.
Email: Edward.Szall@trunews.com | Twitter: @EdwardSzall | Facebook: Ed Szall 
DOWNLOAD THE TRUNEWS MOBILE APP on Apple and Google Play
  • Get it on Google Play

Donate Today!

Support TRUNEWS to help build a global news network that provides a credible source for world news


We believe Christians need and deserve their own global news network to keep the worldwide Church informed, and to offer Christians a positive alternative to the anti-Christian bigotry of the mainstream news media

You May Also Like

erickstephen [8:51 AM]