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Stock impact report

After global aid cuts, nonprofits seek new energy and new partners on the UN sidelines [Yahoo! Finance]

Dr. Reddy's Laboratories Ltd (RDY) 
US:NYSE Investor Relations: drreddys.com/investors
Company Research Source: Yahoo! Finance
A global antipoverty nonprofit executive, recently returned from Zambia, mentioned that a hospital there had just one incubator, warmer and resuscitator for the fifty-some babies born daily. The conversation could've ended there with an empathetic response. But in this case, leaders of a corporate-nonprofit alliance providing medical equipment to those in need heard the story. And in this case, Children International President Susana Eshleman said help may come by year's end. “It's very encouraging and inspiring to be here," she said. "It feels like a shot in the arm sometimes when the work that we're doing is hard and the global situation, given all the recent developments, is particularly hard.” In a year marked by significant foreign aid pullbacks from the U.S. and other wealthy countries, the exchange provides a glimpse into the unique connective tissue that still draws foundations, nonprofits, corporations and international actors to what attendees call UNGA week. The me Show less Read more
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