The Lancet  
Dec 03, 2011  Volume 378  Number 9807  p1895 – 1974  e12 – 18
http://www.thelancet.com/journals/lancet/issue/current

Editorial
The Global Fund and a new modus operandi
The Lancet

Preview
On Nov 21–22, the Global Fund to Fight AIDS, Tuberculosis and Malaria held its 25th Board meeting in Accra, Ghana. Tensions were high as the Fund had to make difficult decisions in a year that has been plagued by financial shortfalls, corruption, and calls for organisational reforms. In view of the financial challenges presented by the US budget environment and the Euro crisis, the Fund has now decided to cancel grant funding for round 11, which will be a huge setback to these disease programmes worldwide.