11.03.2011 - GCC launches a Sovereign Health Fund for Bahrain and Oman
From FT Alphaville: You’re familiar with SWFs — and the damage they can cause in the wrong hands — but on Thursday Bloomberg carried news of what we’ll call a Sovereign Health Fund (SHF): The Gulf Cooperation Council plans to set up a fund worth more than $10 billion, Kuwait’s foreign minister said, to help the rulers of Bahrain and Oman appease popular protest movements..............................................Full Article: Source
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