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Results for " GED " 6,742 found 🔀 AI-powered Shuffle

Measles outbreak at Texas detention center raises health concerns

DILLEY, Texas - Serious concerns have emerged about public health at the South Texas Residential Center in Dilley, where families are still being transferred de

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Feb 3 • 5:34 PM EST • Health • news4sanantonio.com
2 men charged with health insurance fraud, 1 charged with impersonating a doctor

Two men are facing a several fraud charges after police say a primary care medical doctor knowingly hired a non-licensed person who acted as a doctor at an East Hartford medical group. Police say in doing so, they then fraudulently billed the state Medicaid system. Police say Dr. Sultan Quraishi billed the state over $3,000 worth of fraudulent health insurance claims. Police are…

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Feb 3 • 3:41 PM EST • Health • nbcconnecticut.com
Congress passes spending bill amid DHS funding debate, Minnesota deaths

Congress narrowly passed the final spending package, averting a prolonged shutdown amid fierce debate over homeland security funding following fatal Minnesota shootings.

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Feb 3 • 2:50 PM EST • Politics • seattletimes.com
Bill affirming St. Johns as Black History Museum site, creating Board, sent to Senate floor

Several public speakers urged safeguards to ensure historians and community voices, not politics, guide the museum’s narrative.

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Feb 3 • 2:06 PM EST • Politics • floridapolitics.com
Samsung goes back to its old charging case design for Galaxy Buds 4 in new leak [Gallery]

Samsung’s Galaxy Buds lineup has changed a lot over the years, with the last generation having ditched a long-time charging...

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Feb 3 • 1:05 PM EST • Technology • 9to5google.com
US carrier shoots down Iranian drone and armed boats threaten US tanker as tensions in with Iran escalate

A US aircraft carrier shot down an Iranian drone that “aggressively approached” the ship in the Arabian Sea on Tuesday hours before two gunboats operated by Iran’s Islamic Revolutionary Guard Corps approached a US-flagged tanker in the Strait of Hormuz and threatened to board and seize the ship, according to a US military spokesman.

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Feb 3 • 12:58 PM EST • Politics • cnn.com
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Democrats unveil WA income tax on people earning over $1 million

Washington state Democrats unveiled a bill to tax residents earning over $1 million annually. Gov. Bob Ferguson has already pledged to sign it — with a condition.

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Feb 3 • 9:00 AM EST • Politics • seattletimes.com
'System in flux': Scientists reveal what happened when wolves and cougars returned to Yellowstone

Large carnivores are both clashing and coexisting in the western United States. Although wolves dominate cougars and steal their prey, cougars' shift from elk- to deer-heavy diets, paired with a rugged landscape for escape, might help cougars avoid violent wolf encounters.

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Feb 3 • 8:47 AM EST • Science • livescience.com
All the Sports You Won’t See at the 2026 Winter Olympics

The makeup of the Winter Olympics has changed many times in the 100-plus years of the Games. Here are some sports that haven’t stood the test of time.

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Feb 3 • 6:30 AM EST • Sports • wired.com
How ‘Heated Rivalry’ changed the game for Canadian TV

Creator Jacob Tierney, producing partner Brendan Brady and the executives who supported the series explain why it will remain thoroughly Canadian in Season 2.

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Feb 3 • 6:00 AM EST • Entertainment • latimes.com
In Trump’s Fraud Crackdown, Political Foes Face Harshest Scrutiny

State officials say the president’s actions are a new form of retribution, even as the White House has pardoned allies charged with defrauding government.

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Feb 3 • 5:03 AM EST • Politics • nytimes.com
Sources: Clippers, Cavaliers engaged in James Harden trade talks

The Clippers have engaged in discussions surrounding veteran guard James Harden.

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Feb 2 • 11:20 PM EST • Sports • sports.yahoo.com
K&C Sports & Entertainment Law Weekly Roundup

This month's rash of indictments over alleged point-shaving in college basketball seems unlikely to prompt immediate wholesale changes within the NCAA, with the organization instead looking...

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Feb 2 • 7:00 PM EST • Entertainment • jdsupra.com
Line Combinations: Stars vs. Jets

Stars' potent offense clashes with Jets' defensive grit. Key matchups and a crucial goalie duel define this playoff-charged showdown.

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Feb 2 • 3:00 PM EST • Sports • sports.yahoo.com
Microsoft Stock (NASDAQ:MSFT) Falters on Hibernation Fix Flop, Unexpected Xbox Permaban

Tech giant Microsoft ($MSFT) has not been having a great Monday so far. Reports of a hibernation bug previously thought fixed have emerged to say that the fix did n...

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Feb 2 • 1:32 PM EST • Technology • tipranks.com
As Democrats Press Trump on ICE, Gallego and Pritzker Preview 2028 Pitches

Speaking at a party gathering in Nevada, the two politicians urged opposition to President Trump’s deportation agenda, while appearing to lay the groundwork for potential presidential runs.

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Feb 2 • 1:28 PM EST • Politics • nytimes.com
Lou Holtz's son speaks out on Notre Dame coaching legend's health...

News emerged late last week the 89-year-old coach legend had entered hospice care.

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Feb 2 • 1:06 PM EST • Health • nypost.com
Father of 5-year-old detained in Minnesota disputes claims he abandoned the boy

Adrian Conejo Arias disputed statements from the Department of Homeland Security, which alleged that Arias had left his child in a vehicle.

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Feb 2 • 1:04 PM EST • Politics • spectrumlocalnews.com
All eyes on Johnson as House returns amid partial government shutdown

The speaker faces tough days ahead trying to pass a federal funding package and prevent a prolonged partial government shutdown

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Feb 2 • 9:01 AM EST • Politics • spectrumlocalnews.com
Campaign against Hannaford doesn’t seem to be hurting business

The New England Consumer Alliance, located in Pennsylvania, began its campaign by focusing on Hannaford’s sale of eggs from caged hens.

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Feb 2 • 8:50 AM EST • Business • themainemonitor.org
Bad Bunny, Billie Eilish, and how politics (sort of) prevailed at the 2026 Grammys

Not every artist leveraged "music's biggest night" to make a political statement - and those who did were largely soft-spoken about it.

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Feb 2 • 8:26 AM EST • Politics • bostonglobe.com
Politics Unplugged Podcast: Wayne Schutsky on guns & protests

KJZZ politics reporter Wayne Schutsky joins Politics Unplugged to dig deeper into the hot-button issue of guns at protests and Arizona's unique gun culture.

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Feb 2 • 8:00 AM EST • Politics • azfamily.com
Trump’s America and the Coming Reckoning in Global Sports

The specter of a Donald Trump-led America hangs over the upcoming Olympics and World Cup as the U.S. has changed in the eyes of the world since these sports festivals were last staged.

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Feb 2 • 7:55 AM EST • Sports • sportico.com
Speaker Johnson must sell conservatives on funding deal Democrats pushed for — or risk lengthy government shutdown

House Speaker Mike Johnson is back in Washington this week with a tough ask for his fellow Republicans: accept a funding deal that Democrats pushed for or risk another painful, prolonged government shutdown.

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Feb 2 • 6:00 AM EST • Politics • cnn.com
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Expected rise in uninsured Ohioans could signal new stress for providers, poorer public health

Expiration of enhanced tax credits that helped hundreds of thousands of Ohioans afford health insurance has the health care industry bracing for new stress on already-challenged resources and a long-term decline in public health.

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Feb 2 • 5:30 AM EST • Health • cleveland.com
Despite Elon Musk's criticism, Delaware sees jump in incorporations

A handful of billionaires and prominent companies urged corporations to leave Delaware. According to the numbers, the opposite happened.

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Feb 2 • 5:17 AM EST • Business • businessinsider.com
How a Replit engineer balanced pregnancy, startup hours

Replit product engineer Rachael Fuller said she signed her contract one week before learning she was pregnant. Here's how she managed her time.

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Feb 2 • 5:00 AM EST • Business • businessinsider.com
Analysis: New document dump does little to answer Epstein questions or the pain of survivors

The latest release of millions of items from the Jeffrey Epstein files sharpened a public reckoning but also deepened the recurring tragedy of his victims.

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Feb 2 • 12:00 AM EST • Politics • cnn.com
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Maple Leafs' Fraser Minten trade has aged horribly

Toronto might want this one back.

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Feb 1 • 7:55 PM EST • Sports • sportingnews.com
UF Health patients left confused, frustrated after gender-affirming care ban

The SHCC encouraged students utilizing gender-affirming care to seek alternative health care providers. It offered assistance in finding alternative providers and transferring medical records.

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Feb 1 • 7:00 PM EST • Health • alligator.org
How One Father Challenged the Measure of Care and Crafted a Global Healthcare Solution

And in that convergence, Sunstone Health finds both its purpose and its promise.”

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Feb 1 • 2:36 PM EST • Health • usatoday.com
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Deputy attorney general signals no new Epstein charges, defends Gabbard role in Georgia election search

Deputy Attorney General Todd Blanche defended the Justice Department’s actions on multiple fronts Sunday, signaling that no new charges will be brought in the Jeffrey Epstein investigation, downplaying Director of National Intelligence Tulsi Gabbard’s involvement in a probe into alleged voter fraud in Georgia, and defending the decision to arrest former CNN anchor Don Lemon.

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Feb 1 • 1:10 PM EST • Politics • cnn.com
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Rita Süssmuth, trailblazer in German politics, dies aged 88

She dared to break taboos, advocated for women's rights and took part in a failed attempt to oust Chancellor Helmut Kohl as chairman of the CDU. Former President of the German Bundestag Rita Süssmuth has died aged 88.

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Feb 1 • 10:47 AM EST • Politics • dw.com
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Sony patent describes a touchscreen PlayStation controller with movable buttons

Patent shows controls that can be removed or enlarged per game Sony Interactive Entertainment has been granted a US patent for a game controller concept

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Feb 1 • 7:00 AM EST • Technology • videocardz.com
Basil Talbott Jr., Chicago Sun-Times political editor and journalist, dies at 89

Basil Talbott spent more than 30 years at the Sun-Times and was widely respected by his colleagues as a truth-seeker who bluntly challenged obfuscation.

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Feb 1 • 6:30 AM EST • Politics • chicago.suntimes.com
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What if we didn't devolve into partisan blame after every tragedy?

Americans should be cautious about how these hyperpolarized narratives warp how they view the people involved.

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Feb 1 • 5:07 AM EST • Politics • usatoday.com
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iPhone Fold Battery Size Revealed In Latest Rumor, With The Capacity Expected To Be The Largest That Apple Has Even Used In Its Smartphone Lineup

A tipster has shared the alleged battery capacity belonging to the iPhone Fold, and it will be larger than the iPhone 17 Pro Max’s cell

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Feb 1 • 5:04 AM EST • Technology • wccftech.com
Gavin Newsom Memoir Describes Difficult Childhood, Contrary to Image

Mr. Newsom, the California governor and a potential presidential candidate, writes that the privileged caricature of his background is mistaken.

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Feb 1 • 5:00 AM EST • Politics • nytimes.com
Nestlé’s Chief Is in Turnaround Mode. He Drinks 8 Cups of Coffee a Day.

Philipp Navratil recently took over the 160-year-old Swiss food giant, charged with reviving growth and regaining trust after his predecessor was ousted over a scandal.

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Feb 1 • 5:00 AM EST • Business • nytimes.com
Xbox gets 14 new games next week

A total of 14 Xbox games, including Dragon Quest VII Reimagined, Menace, and Carmageddon: Rogue Shift, launch for Xbox consoles and PC next week.

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Feb 1 • 5:00 AM EST • Technology • trueachievements.com
Food and football from the campaign trail (Politics+) : The NPR Politics Podcast

In today's bonus episode, Don Gonyea (national political correspondent) and Deepa Shivaram (White House correspondent) each share the "most" fun politics story they've worked on. Deepa talks about working on her "dream" assignment during the 2024 presidential race. Don recalls a reporting trip during the 2012 presidential campaign where he ended up at a high school football game. He says it was "one of the best nights of his life." Listen to find out how you can submit a most-type question for us to answer in a future bonus episode! To unlock this and other bonus content, and get sponsor-free listening, sign up for NPR Politics Podcast+ via Apple Podcasts or at plus.npr.org. Regular episodes haven't changed and remain available every weekday!

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Feb 1 • 3:00 AM EST • Politics • npr.org
High-Signal Publisher
Dog Show 101: What to know about the 150th Westminster show

It’s go time for thousands of America’s most dogged competitors. Big or small, sleek or shaggy, they’re all trying for the top prize at the Westminster Kennel Club Dog Show

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Feb 1 • 12:22 AM EST • Entertainment • yakimaherald.com
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Researchers pinpoint source of black hole's 3,000-light-year-long jet stream using enhanced telescope network

A new study has connected the famous m87 black hole, the first ever imaged, to its powerful cosmic jet, revealing how it launches particles at near light speed.

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Jan 31 • 6:26 PM EST • Science • foxnews.com
This IG Page Collects Funny Dating App Screenshots And These 43 Are The Best

People say that dating is hell nowadays. But after you look at these hilarious interactions on Hinge, you might change your opinion. There's no shortage of funny people on dating apps, and Bored Padna has collected the most interesting screenshots of unhinged and sweet chats to show you that not all has been lost in the dating scene. Fails, Funny

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Jan 31 • 6:01 PM EST • Technology • boredpanda.com
Hally Leadbetter dishes on her new golf snack, mental health awareness

The brightest, cheeriest booth at the 2026 PGA Show belonged to Hally Leadbetter, who recently launched a new wellness and lifestyle brand,

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Jan 31 • 4:45 PM EST • Health • golfweek.usatoday.com
Living in the US for decades changed me more than I realized

After living in the US for decades, returning to Australia brought unexpected culture shock and forced me to rebuild a sense of home.

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Jan 31 • 3:02 PM EST • Business • businessinsider.com
Over the years, this Peoria business has changed, but its appeal is a constant

Nancee Vespa was married for 56 years, had two children and was well known for her welcoming presence at Kelly Seed and Hardware.

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Jan 31 • 12:08 PM EST • Business • pjstar.com
Cloud storage payment scam floods inboxes with fake renewals

Over the past few months, a large-scale cloud storage subscription scam campaign has been targeting users worldwide with repeated emails falsely warning recipients that their photos, files, and accounts are about to be blocked or deleted due to an alleged payment failure.

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Jan 31 • 11:21 AM EST • Technology • bleepingcomputer.com
The people’s choice against West Ham: Almost unchanged

Chelsea vs. West Ham, Premier League: Preferred lineup

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Jan 31 • 9:14 AM EST • Sports • weaintgotnohistory.sbnation.com
Nurses strike because health care is rigged for CEOs, not us

As a nurse for 31 years, I stand with the striking NYC nurses who refuse to accept exhaustion, injury and disposability as the cost of care.

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Jan 31 • 4:01 AM EST • Health • usatoday.com
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Edward Teach Brewing to close permanently after 8 years of business

The brewery announced February 15 will be a celebration with specials and encouraged customers to “come raise a glass with us one last time.”

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Jan 30 • 5:45 PM EST • Business • wect.com
Owner of Wichita accounting business charged with 50 counts in federal court

She is accused of using client money for personal expenses, including more than $11,000 to the Plastic Surgery Center, court documents say.

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Jan 30 • 4:51 PM EST • Business • kansas.com
January 30, 2026

A flu variant called subclade K emerged too late to be fully covered by this year’s vaccine. But the flu shot can still help protect you. Plus, a new study suggests dogs began to diversify about 11,000 years earlier than we thought. And, in turbulent times, it helps to hear stories of resilience. What can we learn from 3.5 billion-year-old bacteria that eat light?

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Jan 30 • 4:00 PM EST • Science • sciencefriday.com
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Feedback Friday: ‘Closer Look’ listeners react to intensifying daily politics, protests

This comes as tensions continue to rise in Minnesota after the shooting deaths of Alex Pretti and Renee Nicole Good by Immigration and Customs Enforcement agents. Earlier this month, Lemon and Fort both reported on a protest at Cities Church in St. Paul. It has been alleged that an ICE official serves as a pastor of the church, which sparked the protest. Following the incident, the Trump administration promised retaliation against Lemon.

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Jan 30 • 3:50 PM EST • Politics • wabe.org
Schumer says both parties ‘working to get it done’ as Senate GOP works to resolve funding holdup ahead of midnight deadline

Senate Minority Leader Chuck Schumer said as he entered the US Capitol on Friday that Democrats are pushing ahead on a funding deal to avert a prolonged government shutdown.

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Jan 30 • 12:28 PM EST • Politics • cnn.com
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Apple just completely changed how you buy a new Mac

Each component is treated separately, as if you’re building a machine from scratch.

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Jan 30 • 10:58 AM EST • Technology • macworld.com
Delivra Health Brands Announces Appointment of New Director

Vancouver, British Columbia--(Newsfile Corp. - January 30, 2026) - Delivra Health Brands Inc. (TSXV: DHB) (OTCQB: DHBUF) ("Delivra Health", "Delivra" or the "Company"), a consumer packaged goods company uniquely positioned in the health and wellness sector, is pleased to announce the appointment today of John Barrett as a director of the board of directors of the Company (the "Board"). Mr. Barrett was previously a senior executive with Frito Lay and PepsiCo, and served as Chief Commercial...

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Jan 30 • 7:25 AM EST • Health • finance.yahoo.com
LG's leaving Samsung unchallenged in a key next-gen TV category

There's only one big hitter left

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Jan 30 • 7:19 AM EST • Technology • whathifi.com
A man died covered in feces in the jail's mental health unit. Nothing changed.

There is a desperate need to invest in mental health care in San Antonio, but officials aren’t on the same page.

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Jan 30 • 7:02 AM EST • Health • expressnews.com
A breakthrough that could make ships nearly unsinkable

Researchers have found a way to make ordinary aluminum tubes float indefinitely, even when submerged for long periods or punched full of holes. By engineering the metal’s surface to repel water, the tubes trap air inside and refuse to sink, even in rough conditions. The technology could eventually be scaled up into floating platforms, ships, or even wave-powered energy systems.

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Jan 30 • 7:00 AM EST • Science • sciencedaily.com
Basil Talbott Jr., legendary Chicago Sun-Times political editor, has died

Talbott, 89, was known for his dogged pursuit of the story, chronicling in depth the political fortunes of Jane Byrne, the city’s first female mayor, Harold Washington, Chicago’s first Black mayor and the run-ups to the Rev. Jesse Jackson’s presidential campaigns.

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Jan 29 • 9:20 PM EST • Politics • chicago.suntimes.com
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How Trinity Rodman's deal changed the business of women’s soccer

Trinity Rodman was at the center of the biggest contract dispute in women's sports. Her NWSL peers have her back.

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Jan 29 • 7:31 PM EST • Sports • usatoday.com
Three months after Hurricane Melissa: PAHO continues supporting health system recovery across the Caribbean

Washington, DC, 28 January 2026 (PAHO)- Ninety days after Hurricane Melissa swept across parts of the Caribbean, countries are transitioning from emergency response toward recovery—while continuing to confront public health risks linked to damaged infrastructure, disrupted services, and heightened vulnerability to disease. The Category 5 storm made landfall first in Jamaica on 28 October 2025, causing widespread damage in several Caribbean nations, mainly across Jamaica, Cuba and Haiti, and placing sustained pressure on national health systems.

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Jan 29 • 5:18 PM EST • Health • paho.org
theScore Bet Customers Flocking to Seahawks in Player Prop Markets

Seattle’s offense has averaged 36 points in the playoffs, so it's no surprise players like Jaxon Smith-Njigba and Kenneth Walker III are popular.

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Jan 29 • 2:19 PM EST • Sports • covers.com
Borderlands 4 Finally Gets Photo Mode in Today's Major Update

Borderlands 4 is getting a major update today, including, among other things, the addition of the long-awaited Photo Mode that was announced prior to the game's launch, but was allegedly held due to the need to prioritize polishing other elements.

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Jan 29 • 2:11 PM EST • Technology • ign.com
Throwback Thursday: Notre Dame Fighting Irish Football VS Michigan, 1992

This week’s Throwback Thursday takes us back to one of the most emotionally charged games ever played inside Notre Dame Stadium — the 1992 showdown between Notre Dame and Michigan. I chose this game in honor of Reggie Brooks, whose birthday we just celebrated on January 19th. Reggie’s legacy at Notre Dame extends far beyond […]

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Jan 29 • 1:51 AM EST • Sports • onefootdown.com
'Let them sue us': Residents outraged over proposed mental health facility in Horry Co.

A town hall meeting turned heated as residents and mental health advocates debated the location of a proposed mental health facility.

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Jan 28 • 11:31 PM EST • Health • wpde.com
Prosecution requests July 1 state trial for Mangione in health care executive's killing

Defense attorneys for Luigi Mangione, charged with fatally shooting UnitedHealthcare CEO Brian Thompson in 2024, said the date is unrealistic with a federal case also pending.

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Jan 28 • 8:46 PM EST • Health • nbcnews.com
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Chiefs again urged to sign star RB for Patrick Mahomes

Second time is a charm?

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Jan 28 • 8:01 PM EST • Sports • sportingnews.com
Bills urged to sign All-Pro weapon for Josh Allen

This would open up a lot of things.

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Jan 28 • 7:30 PM EST • Sports • sportingnews.com
Floods push crocodiles into Mozambican towns as health concerns rise

Floods in Mozambique have led to a new threat. Crocodiles are appearing in submerged towns and have killed at least three people. Torrential rains and severe flooding over the past month have killed more than 100 people in Mozambique, South Africa, and Zimbabwe. Thousands of homes have been destr...

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Jan 28 • 6:28 PM EST • Health • wral.com
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Chicago mother claims unsafe conditions in apartment are harming her children's health

A mother of four living in a subsidized housing apartment on the 4800 block of North Avers says unsafe conditions inside her unit are putting her children’s health at risk — and despite months of repair requests, she says little has changed.

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Jan 28 • 5:42 PM EST • Health • fox32chicago.com
What we're learning about the man arrested in the attack on Rep. Ilhan Omar

Anthony Kazmierczak hadn't been formally charged or scheduled for an initial court appearance as of Wednesday morning.

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Jan 28 • 3:32 PM EST • Politics • pbs.org
From Clawdbot to Moltbot: How This AI Agent Went Viral, and Changed Identities, in 72 Hours

An AI tool that can text you and use your apps? It blew up online. What came next involved crypto scammers, IP lawyers and more.

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Jan 28 • 2:33 PM EST • Technology • cnet.com
Fed holds interest rates steady, pausing rate cuts amid economic uncertainty

Federal Reserve policymakers left interest rates unchanged at its January meeting after cutting rates at its three prior meetings amid uncertainty over the labor market and inflation.

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Jan 28 • 2:00 PM EST • Business • foxbusiness.com
NFL Hall of Fame snubs Bill Belichick and sports world is gagged: 'I can't be reading this right'

Sports figures from Patrick Mahomes to LeBron James expressed shock and outrage after news broke that Bill Belichick failed to gain Hall of Fame election on his first ballot.

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Jan 28 • 12:25 PM EST • Sports • latimes.com
Getting yelled at comes with the job. Why Sacramento youth sports officials still show up

Youth sports officials in the Sacramento region face unsportsmanlike fans that make them sometimes question the work.

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Jan 28 • 8:00 AM EST • Sports • abridged.org
Deli manager stole $92K from Chicago-area business: police

A deli manager at a suburban Chicago business has been charged with felony theft after allegedly stealing over $92,000 by voiding cash transactions.

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Jan 28 • 7:38 AM EST • Business • fox32chicago.com
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Mental health cases in Israel surged 30% during Gaza war, Health Ministry reports

***

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Jan 28 • 7:04 AM EST • Health • haaretz.com
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Night Owls Have Worse Heart Health, Study Finds

By Dennis Thompson HealthDay ReporterWEDNESDAY, Jan. 28, 2026 (HealthDay News) — Do you prefer to stay up late, living it up through the night while everyone else is snoozing away? You might be doing your heart health a disservice, a new study says. Middle-aged and older night owls appear to have ...

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Jan 28 • 6:35 AM EST • Health • usnews.com
Investment and Statecraft: The International Politics of Sovereign Wealth Funds - Georgetown Journal of International Affairs

In 1953, Kuwait established the world’s first sovereign wealth fund to invest the country’s oil revenues and generate returns that would reduce its reliance on a single resource. Since then, over 100 separate funds have been created to preserve national wealth and ensure long-term fiscal sustainability. Today, they manage over $10 trillion in global assets. In this discussion with GJIA, political economist Kathryn Lavelle explains the increasingly novel dynamics that surround fund behavior and what the world can come to expect from their growing presence in international financial markets. GJIA: When it comes to the roles sovereign wealth funds (SWFs) play in global markets and politics, what would you say makes them unique? Kathryn Lavelle: Sovereign wealth funds (SWFs) operate on behalf of governments as investors. That in itself is a strange relationship. Within them, a core contest takes place between the state’s interests (or sovereign) part of the dynamic, and the money interests (or wealth) part of it, and these two aspects are frequently in contradiction, serving fundamentally different goals. SWFs are also quite fascinating because when you talk to the people who manage these funds, they have an interest in convincing you that the decisions are made almost exclusively on a financial basis—they really will go to great lengths to differentiate their government owners and those who make the management decisions. At the same time, these people ultimately answer to someone in power. Therefore, for most SWFs, it remains deeply unclear who is actually making the investment decisions and for what purposes. Of course, it is not always clear how other vehicles, such as hedge funds and private equity make the decisions they do, but I think what a lot of people find particularly disconcerting about SWFs is that they seem to act on behalf of people who have a different identity from their own. People who could be trying to manipulate politics and markets in a way that would have a long-term effect on their own populations. Regular investors come and go at will, and they only share an interest in profit as far as most of us understand. However, SWFs have that extra “sovereign” part right behind them that obscures their true interest. GJIA: These funds can be found in countries all across the globe, in both authoritarian states and democracies. Would you say SWFs differ in their goals and structures between regime-type? KL: It is not necessarily regime type that makes the goals and structures of SWFs different. It has to do with their economies. Let’s look at a country like China. There’s going to be a debate about exactly how to characterize the regime, but it is a country with many different kinds of sovereign wealth funds, and a particularly opaque state connection to each. At one time, some of the state-owned Chinese oil companies created specialized investment vehicles listed outside Chinese markets that excluded parts of the firms that were more associated with human rights violations. At the same time, the China Investment Corporation (CIC)­—China’s largest SWF—draws a lot of concern, not necessarily because of its investment activities, but because of the dynamics of global politics. So, I wouldn’t really tie differences to regime types themselves in a wholesale way, but rather to how such funds are perceived and how they are structured. Saudi Arabia’s SWF is getting all kinds of attention for its involvement in Hollywood, and this takes me right back to when I was a student in the 1980s, when people were concerned about Japanese investment entities buying assets in Hollywood. They aren’t quite the same in financial terms, but it’s the same kind of concern about foreign investment that drives people to be suspicious, and the whole idea that “foreigners are influencing Hollywood.” This holds true across industries, and it reflects where politics are in places like the United States right now. One metric we can try to look at is transparency, where all the funds will tell you, “we are transparent.” The problem you’ll keep running into with this approach is how you value things. When trying to do comparative studies of equity markets, you’ll find that every country doesn’t use Generally Accepted Accounting Principles like we do in the United States. A fund may appear opaque politically and not want people to show what they’re invested in or what their intent with that investment is, but they could also just not be able to report it because of the way it was purchased, or the kinds of shares they purchased. There are some assets out there that really are difficult to put a monetary value on. GJIA: To what extent do domestic politics shape SWF behavior in both the investing “home” country and the recipient “host” country? KL: This depends on the type of fund present and also on the extent to which voters’ political views are able to influence the fund. For example, in a democratic home state like Norway, the SWF doesn’t invest in nuclear weapons or tobacco because of social concerns, but there is a continuing debate over whether it should invest in oil, even though that’s where most of the money comes from. The degree to which Norway will continue to make those investments, and whether they contradict the government’s overall climate goals, is an open question in Norwegian politics. Because of the way the fund’s governance is structured, it may not be easy to resolve. On the other hand, some people consider pension funds, like the State Teachers Retirement System (STRS) in Ohio, to be quasi-SWF. They have a very strict separation between the people who make up the management division and the fund owners. No teacher or professor would want to invest in things that may harm the future of their students. At the same time, a fund manager might see an opportunity in a diversified multinational corporation that offers a good return, despite it deriving part of its revenue from e-cigarettes. These contests are very apparent. Domestic politics can work in host countries too. A good example is Singapore’s SWF, Temasek, investing in Thailand’s telecommunications sector. If you study political economy, you already know that countries everywhere are uncomfortable with foreign ownership of their telecom sectors because a foreign entity could monitor or manipulate our communications with each other. In the case of Temasek, there was significant pushback from Thai citizens surrounding the deal, which went on to influence national political sentiment toward Singapore as a whole, underscoring the risks some SWFs may face with their investment choices. In this case, fund behavior led to the dissolution of the entire Thai government in 2006 and a subsequent coup d’état. GJIA: To address some of this unease, the Santiago Principles were established in 2009 to ostensibly promote trust and transparency. From your perspective, have these mechanisms actually changed fund behavior? KL: In international relations theory, we always like to have a clear set of norms and best practices­—the orientation we want the proverbial ship to be going in. In that regard, the Santiago Principles at least got the discussion going about which direction SWFs should take at a time when people were very skittish about the growing size of these funds. Nobody wanted them to be out there and potentially destabilizing economies, so talks about disclosure, conditions for withdrawal, and the independence of managers were helpful when initiated. The biggest stumbling block was that there wasn’t exactly a good way to measure compliance with the Principles, let alone how to hold funds to them. If you read the Principles, they’re overall quite vague. In general, a fund doesn’t want to reveal how and why they make certain investment decisions because that information is proprietary—a fund makes money off of how and why it makes decisions—so how do you reconcile that with loosely-defined ideas of openness? Some decisions might have a political purpose. The bottom line is that trying to figure out and assign a score to compliance is not easy, and it is therefore the reason why the Santiago Principles never really got off the ground to the point where they could truly direct fund behavior. GJIA: Many emerging markets are looking to build their own SWFs from mineral and oil revenues. Historically, have funds shaped development trajectories in these countries? KL: I think the big story in international emerging markets investment is that the investment is increasingly no longer unidirectional. In the past multinational corporations of primarily Western background were the main form of foreign direct investment in a country. That has changed dramatically, to the point where you have companies from so-called “developing countries” taking over companies in the United States. Therefore, the landscape of international investment has changed, and I think SWFs are certainly a possibility to be the next step in the game. Historically, you didn’t need an entire financial vehicle to reinvest commodity revenues in your country, but as emerging markets get more financially sophisticated, their capacity to operate such funds has increased. SWFs would allow treasuries to move from relying on holding foreign exchange assets like cash or government bonds to having broader financial markets and targeted growth areas, while easing pressure on welfare expenditures. GJIA: With their increasing financial weight, do you see the presence of SWFs being a factor in the political choices leaders will have to make with regard to domestic and foreign policy? KL: It will depend on just how big the funds get. One of the reasons people are already apprehensive is because of their scale, and if certain SWFs in certain countries achieve a large-enough size, the presence will absolutely be cause for concern. The other factor political leaders will have to consider are their objectives. It’s not always clear how to define a SWF, or even where its activity is concentrated, but it is certainly a worry from the perspective of national security of opaque external investment. More than that, I think one of the most interesting questions going forward is whether the United States, the home to the world’s largest financial markets, will develop its own fund, for which the Trump administration announced a plan. There have also been several proposals in Congress. Were it to come into being, it would have tremendous weight. At the same time, one of the hallmarks of U.S. capitalism is a lack of government ownership of shares, so it would not be clear how such a fund would be received in domestic politics, or which direction it would take. Given how politically fragmented the country is, a Democratic administration would likely be concerned about different sectors of the economy, such as healthcare, and want investment there, rather than a Republican administration, which might prefer defense industries. No investment vehicle could thrive under conditions of such instability. Moreover, it remains unclear where the money to fund a theoretical U.S. SWF would come from. It would be a fundamentally different entity depending on whether it is financed with debt, economic surplus, commodities, or the sale of state companies, as in the case of Singapore. If it is debt, or government borrowing of some form, then the fund would have to outperform whatever the cost of that debt is, which is not an easy thing to do. I think our political leaders have enough on their plate. Our system has worked well keeping political and investment functions generally separate. We have seen different forms of business rise and fall, and even the perception of different countries, all of which funds are tied to. Unless a major SWF either starts—like in the case of the United States—or collapses—an issue that concerns the Saudis, I don’t see any political tsunamis on the horizon. . . . Kathryn Lavelle is the Ellen and Dixon Long Professor of World Affairs at Case Western Reserve University in Cleveland, Ohio. Her research explores the exchange between domestic and international and political institutions with a particular emphasis on political economy and multilateralism. Dr. Lavelle’s first book, The Politics of Equity Finance in Emerging Markets, explored the political circumstances that surround large issues of stock in the developing world. After being granted tenure at Case Western, she was awarded an American Political Science Association Congressional Fellowship and named the William A. Steiger fellow, a designation given to the most promising political scientist in her class of fellows. While in Washington during 2006-2007, she worked on the staff of the House Committee on Financial Services on issues related to domestic and international monetary policy. Dr. Lavelle holds a PhD in political science from Northwestern University; an M.A. in government and foreign affairs from the University of Virginia; and a bachelor’s degree in international economics from Georgetown University. She is a permanent member of the New York Council on Foreign Relations. This transcript has been lightly edited for clarity and length. Interview conducted by Sid Mehrotra. Image Credit: Jason Leung, Unsplash Content Licenses, via Unsplash

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Jan 28 • 6:00 AM EST • Politics • gjia.georgetown.edu
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