When George Soros announced his plan to cede control of his philanthropic empire, his 37-year-old son Alex inherited a $25 billion war chest. In the US, Democrats cheered and Republicans sneered when the scion said he would be "more political" than his father in his leadership of family's Open Society Foundation, which for decades has funded causes from abortion rights to voting access and climate change.
There's no question that this young firebrand can wield influence over American politics and other endeavours. His father contributed to the fall of communism in Eastern Europe, 'broke' the Bank of England, committed hundreds of millions to fight racial inequality and is a big donor to Democratic campaigns. But the most effective path forward for the Soros heir would be to achieve his grand goals in a way that is less politically divisive, and he can start by focusing on a forgotten part of his father's portfolio that will play a big role in solving the climate crisis: agriculture.
Denne historien er fra June 20, 2023-utgaven av Mint Mumbai.
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Denne historien er fra June 20, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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India in economic sweet spot, inflation to moderate: Moody's
India's economy is in a sweet spot and its inflation is expected to moderate despite a temporary spurt, Moody's said, projecting optimism about the country's growth prospects despite recent underwhelming data.
Incentive engine to drive modern ships
Subsidies for green, high-tech ships under ₹18,000 cr policy
Cement firms wage war on costs as competition soars
India's cement makers who once flexed their pricing muscles are caught in a bruising price war, eroding margins at a time of rising demand.
Saudi Arabia doesn’t have enough money for its futuristic city
The giant futuristic planned city of Neom is proving a headache for Saudi Arabia. Costs are up, schedules are delayed, and in recent days the world’s largest construction project replaced its chief executive of six years.
EV adoption is a marathon, not a sprint: Audi India
The slowdown in electric vehicle (EV) sales is temporary, and the industry will grow over time, Audi India head Balbir Singh Dhillon said, pointing to the need for extensive charging networks and supportive government policies.
India's trade gap with China soars in Apr-Oct
The country's green transition increases reliance on Chinese imports
14 nations eye India's generic drug model
Countries will specify their requirements, with HLL and MEA coordinating with them for the pharma exports
India urges $1.3 tn annual climate grant
Intervening on behalf of like-minded developing countries (LMDCs), India said that developed countries need to commit to provide and mobilise at least $1.3 trillion every year in the New Collective Quantified Goal (NCQG) till 2030.
Over 600 mn cyberattacks daily, AI can secure devices
Microsoft is developing a password-free authentication process to eliminate the risk of breaches
Small businesses ramping up cybersecurity, thanks to AI
Rising AI adoption is helping cybersecurity providers hike their marketable base in India
