Sunday, May 18, 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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Trump-Musk Social Security fraud hunt yields chaos, not criminals

An internal document reveals that the Trump administration’s crackdown on supposed fraud in Social Security phone claims has identified just two questionable cases out of more than 110,000—prompting bipartisan outrage and warnings of a politically motivated attack on the program.

Governor Hochul to make New York center of nuclear revival in US

Governor Kathy Hochul has also become involved in promoting nuclear power nationally.

The rise of AI warfare: How autonomous weapons and cognitive warfare are reshaping global...

The future of warfare may be decided by AI, but will humans have a role to play?

The MAGA Movement is Jonestown writ large

The reversion to primitivism bears a striking resemblance to the rise of the MAGA movement.
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‘Surveillance humanitarianism’: As Gaza starves, US-Israeli plan would further weaponize food

With hundreds of trucks with lifesaving aid waiting at the border, many of Gaza’s kitchens have closed, and Palestinians face mass starvation as rations run low.