- Just like Insurance Companies who always Archived Message
- Pandemic Bonds - Gerard May 14, 2020, 12:18 pm
Posted by ken
on May 14, 2020, 3:37 pm, in reply to "Pandemic Bonds "
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Try to find a way to not pay out. They alway seem to have a get out clause but corona might well have screwed a nice little earner. I did post about this a while back but might have been a different site. 19th april https://www.ft.com/content/c8556c9f-72f7-48b4-91bf-c9e32ddab6ff .."The committee designated to oversee the funds will meet in the coming days to determine which countries will receive funding, precisely when, and in what amount.".. .."It first came under scrutiny when it failed to pay out as the 2018 Ebola epidemic raged through the Democratic Republic of Congo for about a year, killing more than 2,000 people.".. https://www.reuters.com/article/health-coronavirus-pandemic-bonds/coronavirus-spread-triggers-world-bank-pandemic-bond-payout-idUSL8N2C861O Did a quick google and no info on what countries will be on the recieving end. |
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