George Soros Invests $500 Million Towards Deepening Migrant Crisis

Billionaire tycoon George Soros has promised to donate $500 million to help migrants and refugees flood Europe.  Soros published an op-ed on Tuesday saying that his nonprofit organisation will help fund “work opportunities for migrants and refugees” coming into Europe. Forbes.com reports: On Monday it hosted its first forum for Heads of State to discuss how to handle what’s been dubbed the world’s biggest refugee and migrant crisis since World War II. According to the U.N., 65.3 million people have been displaced from their homes by conflict and persecution in 2015. Since the crisis escalated last year, Europe has been struggling with how to handle the inflow of migrants. “I will invest in startups, established companies, social-impact initiatives and businesses founded by migrants and refugees themselves,” Soros wrote. “Although my main concern is to help migrants and refugees arriving in Europe, I will be looking for good investment ideas that will benefit migrants all over the world.” Soros, 86, is a refugee himself. He fled Hungary in 1946 and spent his teenage years as a migrant in London. He worked as a railway porter and waiter to put himself through the London School of Economics and later moved to New York where he got [...]

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