Friday, May 2, 2025

Tag: HSBC

HSBC plans to close Asian coal plants to curb emissions—while also...

Bank accused of greenwashing ahead of COP26 for backing scheme while being world’s 13th biggest funder of fossil fuels

HSBC to phase out coal financing after shareholder vote

“We’re delighted that our campaign has resulted in a binding commitment by HSBC to phase out coal, but the devil is in the detail and the next six months are crucial to ensure that this commitment is translated into robust sector policies.”

New HSBC-backed coal plants will contribute to 19,000 deaths annually, new...

Researchers said the total health impacts of the plants could amount to $6.2 billion a year.

HSBC will no longer fund fossil fuel industry

HSBC is among other banks, such as BNP Paribas, to take such critical action against climate change.

HSBC Whistleblower Sentenced to 5 Years in Prison

HSBC whistleblower Hervé Falciani was sentenced to five years in prison for aggravated industrial espionage. Instead of using the data he acquired for financial gain, Falciani ended up assisting multiple governments in exposing wealthy tax dodgers and criminal organizations.

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ICE is the American Gestapo, kidnapping and trafficking people

Why aren’t we arresting ICE agents when they break the law?

GOP proposal could slash food aid for millions, new analysis warns

As House Republicans push for deep SNAP cuts and expanded work requirements, experts warn the proposal would strip food assistance from millions of low-income people—including families, older adults, and veterans—without improving employment.

May Day uprising: Americans unite to resist Trump’s war on workers and democracy

With over 1,100 rallies planned across the country, May Day protesters call out Trump’s billionaire allies, labor rollbacks, and attacks on immigrants in what may become the largest workers’ demonstration in U.S. history.

Imagine you are a poor nation, trapped by debt and strangled by climate change—what...

Climate change, debt, and development have a caustic relationship, hindering economic justice and national advancement, but solutions exist.

Medicare for All returns to Congress as GOP pushes Medicaid cuts and corporate tax...

As Sanders and progressives reintroduce Medicare for All with growing support, Republican lawmakers propose historic Medicaid cuts to fund tax breaks for the wealthy.