Saturday, May 25, 2013 8:17 PM EST

George Soros

George Soros (born August 12, 1930) is a Hungarian-American currency speculator, stock investor, businessman, philanthropist, and political activist.

Forbes lists Soros as the 29th-richest person in the world, with a net worth estimated at US$13.0 billion. Soros has given away $7 billion to various causes since 1979.

Soros is chairman of Soros Fund Management and the Open Society Institute and a former member of the Board of Directors of the Council on Foreign Relations. He played a significant role in the peaceful transition from Communism to Capitalism in Hungary (1984-89), and provided Europe's largest ever higher education endowment to Central European University in Budapest. Later, his funding and organization of Georgia's Rose Revolution was considered by Russian and Western observers to have been crucial to its success. In the United States, he is known for having donated large sums of money in an effort to defeat President George W. Bush's bid for re-election in 2004. He helped found the Center for American Progress.

Headlines Around the Web

‘Euro is here to stay,’ Soros says

Jan 26 - Financial Post

Paulson, Soros make big bets on gold

Aug 16 - Financial Post

Articles About George Soros

Stocks Terrorise the Gold Market

By The Daily Reckoning Australia

Bad money drives out good money. That's the short version of Gresham's Law. What it really means is that people interested in self-preservation don't follow trends. When inflation runs amok in financial markets or in the economy, prudent people tend to hoard what's valuable. (May 21)

MORE TOPICS: CHINA, GOLD, FEDERAL RESERVE, GOLD PRICES, AUSTRALIA, RETAIL

Gold Bars
Gold Extends Losing Streak as Fed Signals QE Exit

By IBTimes UK

Analysts expect gold prices to fall to $1,100 an ounce in a year and below $1,000 in five years. (May 17)

MORE TOPICS: GOLD, FEDERAL RESERVE, SEC, GOLD PRICES, MANAGEMENT, CREDIT SUISSE

White says SEC not now writing political spending rule

By Reuters

The head of the Securities and Exchange Commission told lawmakers on Thursday that her agency, despite pressure from liberal groups, is not currently drafting a rule that would call for public companies to disclose their political spending. (May 17)

MORE TOPICS: BARACK OBAMA, SEC, LAW SCHOOL, INVESTMENT, CONGRESS

Euro
Australian Dollar Outlook - 13 May 2013

By IBTimes AU

Bell FX Currency Outlook: The Australian Dollar traded below parity on Friday night for the first time since June, 2012 as the USD moves upward against most major currencies. (May 13)

MORE TOPICS: AUSTRALIA, CHINA, FEDERAL RESERVE, RETAIL SALES, RETAIL, MORTGAGE

The Energy Report - The Energy Report for 05/09/2013

By Price Futures Group

Who said the WTI contract was dead as a global benchmark. Not me that is for sure. The WTI once again is establishing itself as the global benchmark for oil as progress is being made in getting the infrastructure in place to take advantage of the US oil boom. (May 09)

MORE TOPICS: CHINA, GOLD, CITIGROUP, BNP PARIBAS, GOLDMAN SACHS, UBS AG

Maverick operator Digicel takes on the big boys in Myanmar

By Reuters

Cellular operator Digicel Group Ltd jumped into Myanmar early and big, hiring staff, funding local sports, negotiating land deals for thousands of cell tower sites and signing up hundreds of partners for retail outlets. (Apr 29)

MORE TOPICS: CHINA, BANK OF AMERICA, MERRILL LYNCH, AUSTRALIA, RETAIL, TELECOMS

Wall Street lower after GDP data, Amazon results

By Reuters

Stocks fell on Friday as the broadest measure of U.S. economic growth fell short of expectations in the first quarter and Amazon.com gave a disappointing outlook. (Apr 27)

MORE TOPICS: FEDERAL RESERVE, DOW JONES, CHEVRON, GDP, D.R. HORTON

Wall Street gains on earnings, data, but S&P record a hurdle

By Reuters

Stocks rose on Thursday, lifted by stronger-than-expected earnings and a large drop in weekly jobless claims. (Apr 26)

MORE TOPICS: UNEMPLOYMENT, DOW JONES, NYSE, S&P, EXXON MOBIL, NEW YORK

Why We’re Delighted to See Gold Smacked Down

By The Daily Reckoning Australia

If you're in a card game and you look around the table... if you can't figure out who the fool is, he might be you. Then, you get nervous. You start rubbing your hands or scratching your forehead. The other players will see that you've... (Apr 25)

MORE TOPICS: CHINA, GOLD, GOLD PRICES, AUSTRALIA, RETAIL, NEW YORK

Paulson's Advantage fund stung by plunge in gold

By Reuters

Hedge fund billionaire John Paulson's best-known fund is down 2.4 percent in April, largely due to the sharp selloff in gold, a source familiar with the numbers said on Thursday. (Apr 19)

MORE TOPICS: GOLD, BANK OF AMERICA, GOLDMAN SACHS, GOLD PRICES, NEW YORK, MANAGEMENT