My pension fund was heavily exposed to US tech corporations. This approach was generating returns but I find them morally disagreeable.
I have just sold the lot and issued instructions to reinvest in businesses in the UK, Europe and China.
My pension fund was heavily exposed to US tech corporations. This approach was generating returns but I find them morally disagreeable.
I have just sold the lot and issued instructions to reinvest in businesses in the UK, Europe and China.
Disinvestment: The big privatisation pushback
Disinvestment: The big privatisation pushback #Disinvestment #big #privatisation #pushback
https://10bmnews.com/2025/03/disinvestment-the-big-privatisation-pushback/
The Trump Administration's hatchet work against the United States is starting to show up in local news, as they try to disappear federal funding for projects all over the country.
https://walthamtimes.org/brandeis-joins-lawsuit-seeking-to-block-trump-action-on-research-grants-policy/
https://walthamtimes.org/presidents-attempt-to-freeze-federal-funding-causes-uncertainty-among-local-institutions/
#Massachusetts #WalthamMA
"Removing lead paint and pipes. Cleaning up contaminated land. Monitoring pollution. Making houses more energy efficient. Installing solar panels in low-income neighborhoods. Those are some of the projects across the country that were cut off from federal funding when the Trump administration paused spending approved earlier by Congress."
https://www.npr.org/2025/02/12/nx-s1-5285701/trump-funding-freeze-climate-change
"Two weeks ago, the White House froze spending on federal loans and grants, plunging organizations across the country into uncertainty and creating chaos for nonprofits in the poorest, most rural states, like West Virginia. President Donald Trump’s administration rescinded the order, but a federal appeals court found Tuesday that not all federal funding had been restored."
https://apnews.com/article/trump-rural-nonprofits-funding-26573627aa5648b38bdb4584563aa1b8
#infrastructure #health #safety #BasicServices #disinvestment
#SegregatedAmerica: The #inequality in the #bondmarket perpetuates a cycle of #debt and #disinvestment in #Black communities, but it also has huge implications for #environmentaljustice and #climateresilience. If local leaders can’t raise money to protect #water lines and prepare for #floods, their constituents will end up reliant on decaying and vulnerable #public infrastructure.
“#Race should certainly not affect the pricing of #municipalbonds,” Smull told Grist
#DonutCities #SegregatedSprawl
From: @MotherJones
https://press.coop/@MotherJones@press.coop/110955415883626427