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Branson denied that he and Bezos were in a ‘battle of the billionaire space founders’ to see who would go up first, despite changing from the second to the first VSS Unity test flight in order to go up before Bezos.
The British billionaire will launch on the first of the three test flights carrying a full complement of ‘astronauts’ in the cabin, before they begin flying the first of 600 ‘future astronaut’ ticket holders in 2022.
WASHINGTON, July 7 (Reuters) – The International Monetary Fund on Wednesday said further fiscal support in the United States could fuel inflationary pressures and warned that the risk of a sustained rise in prices could require raising interest rates earlier-than-expected.
July 7 (Reuters) – The Gates Foundation said Melinda French Gates and Bill Gates, in the midst of a high-profile divorce, will continue to work as co-chairs for a two-year trial period and after that time if the arrangement unravels, she would step down.
It adds: ‘Soho House have identified that activity on electronic devices in the same lounge and dining space as used by members and hotel guests relaxing and socialising can change the atmosphere and on occasion prove to be anti-social.’
The contingency plan for one of the world’s largest philanthropic foundations was announced website by Chief Executive Officer Mark Suzman, a move that would ensure a successful transition for the foundation that has spent over $50 billion in the past two decades toward combating poverty and disease.
She said she hoped to include provisions to implement the so-called “Pillar 2″ minimum tax into a budget “reconciliation” bill this year that Congress could approve with a simple majority, potentially without Republican support.
G20 members account for more than 80% of world gross domestic product, 75% of global trade and 60% of the population of the planet, including big-hitters the United States, Japan, Britain, France, Germany and India.
Georgieva said an accelerated recovery from the COVID-19 pandemic in the United States, where growth is seen reaching 7% in 2021, would benefit many countries through increased trade, but rising inflation could be more sustained than expected.
‘Wembley can be packed full of strangers all screaming, chanting, drinking, hugging, but at a wedding, you are still restricted in the church, must be seated in bubbles, must have masks on and are not allowed to sing?’ fumes Rosie, whose sister, ties the knot next Saturday, two days before so-called Freedom Day.
Wednesday’s announcement also comes after billionaire investor Warren Buffett in June said he was resigning as a trustee of the foundation, and had donated half his wealth to philanthropy since pledging 15 years ago to give away his fortune from running Berkshire Hathaway Inc.
If Melinda resigns after two years, she would receive personal resources from Bill for her philanthropic work, which would be completely separate from the foundation’s endowment, the foundation said in a blog post on Wednesday.
‘King of clubs’ Robin Birley and his half-brother, financier Ben Goldsmith, are understood to be planning to resign as trustees of the Aspinall Foundation once an internal investigation into the charity is completed.
The foundation said the controlling billionaire benefactors, Bill and Melinda, will contribute $15 billion, their single largest contribution since 2000, bringing the total endowment to about $65 billion.
Branson is Astronaut 001 and will travel with Chief Astronaut Beth Moses (Astronaut 002), Lead Operations Engineer Colin Bennett (Astronaut 003) and VP of Government Affairs Sirisha Bandla (Astronaut 004) in the cabin.
But the US bank is under pressure to give entrants a pay rise, after rivals including Citigroup, JP Morgan and Barclays raised comparable fixed salaries for their American recruits to $100,000 a year, or £71,941, before adding on bonuses.
Virgin Galactic founder, Sir Richard Branson, moved his trip to space to an earlier test flight after Jeff Bezos announced he was going up, but claims no rivalry, saying ‘we both wished each other well’
Sir Richard Branson will fly to the edge of space on a spaceplane built by his own company on Sunday, declaring it is ‘time to turn my dream into reality,’ as he takes to the stars nine days before rival Jeff Bezos.
Higher U.S.
interest rates, in turn, could lead to a sharp tightening of global financial conditions and significant capital outflows from emerging and developing economies, IMF Managing Director Kristalina Georgieva said in a blog published Wednesday with the IMF’s surveillance note for G20 countries.
‘Since arriving in Portugal, I miss the magic that comes with adventures, but I’ve also been focusing on the positives of stillness — digging into the landscape, watching the details of the season change.’
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