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Obama pledges up to $5 billion for global AIDS fund

President Obama on Monday pledged up to $5 billion in U.S. money over the next three years to the pre-eminent global program to combat AIDS on the condition that the rest of the international community pitches in $10 billion. Obama announced the pledge to the Global Fund to Fight AIDS, Tuberculosis and Malaria as the White House marked World AIDS Day. Obama also announced that the National Institutes of Health (NIH) will invest $100 million in re-prioritized funding over the next three years to launch an HIV cure initiative.

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