Hosted by US President Joe Biden in New York on 21 September 2021, The Global Fund to Fight AIDS, Tuberculosis and Malaria's 7th replenishment conference raised US$14.3 billion, but the UK and Italy both deferred their pledges, saying theirs would be announced in the coming weeks.Sophie Harman, Professor of International Politics at Queen Mary said that, as one of the biggest donors to global health financing, the UK's lack of commitment to The Global Fund could be a harbinger of leaner times to come. “It could be the UK wants to fund health in a different way (to other institutions, bilaterally etc). But more likely this is part of the wider problems with the UK's economy and could be an indicator that foreign aid cuts will be high on the agenda of the new government.” The Lancet