The non-profit organization Open Society Foundations run by billionaire philanthropist George Soros is laying off much of its staff as part of a reorganization.  The process includes “a substantial reduction in headcount of no less than 40% globally,” a spokesperson told US news agencies. The charity employed more than 500 people as of the end…

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Short on greenbacks, the South American nation has paid part of its IMF loan with Chinese yuan Argentina made its latest payment on its $44 billion-loan to the International Monetary Fund using its stock of Special Drawing Rights (SDRs) and Chinese yuan, according to the Economy Ministry. The SDRs are an asset within the IMF…