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| - In the midst of a economic recession, in the 2008 AU budget and through new parliamentary acts, the AU government set up a fund to loan money to developed nations, with interest rates, to make money during a recession. The second reason was to then use that money and send it to developing nations that needed money for people in poverty, war ridden areas, or in disease. In the first budget five million was set aside for the fund. About 4.8 million was sent to the United Kingdom, with 10% interest due 2020, the deal was officially signed by Gordon Brown and AU President Barack Obama, the other 0.2 million was sent to Ireland with 15% interest due 2016. This gave rise to Contiscepticism, a policy usually held in conservative ideologies, which seeks to limit or draw back powers of the AU. It s
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| abstract
| - In the midst of a economic recession, in the 2008 AU budget and through new parliamentary acts, the AU government set up a fund to loan money to developed nations, with interest rates, to make money during a recession. The second reason was to then use that money and send it to developing nations that needed money for people in poverty, war ridden areas, or in disease. In the first budget five million was set aside for the fund. About 4.8 million was sent to the United Kingdom, with 10% interest due 2020, the deal was officially signed by Gordon Brown and AU President Barack Obama, the other 0.2 million was sent to Ireland with 15% interest due 2016. This gave rise to Contiscepticism, a policy usually held in conservative ideologies, which seeks to limit or draw back powers of the AU. It said the money loaned should have been used for its intended purpose, which was to help people in troubled nations. The Deputy leader of American Conservatives and Reformers, Jack McSheen, described the AUBFF as a failed attempt to make money off a horrible problem and said the money would probably never be seen again. In 2010 the AUB was given another three million dollars, in which most was spent to help those in the Darfur region of Africa, while about 400,000 was directly given to the Red Cross. In the 2011 and 2012 budgets, an additional 2.3 million dollars was given to the fund currently 2.1 million of that has been spent. In 2012 Ireland paid back the 200,000 borrowed and was added back to the greater fund. Britain has not yet paid back any borrowed money.
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