Monday, October 2, 2023

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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Kids shouldn’t have to pay for school lunches

If education is free at the point of use, why aren’t school meals?

The Biden interview: the President talks about the Supreme Court, threats to democracy and...

In a sit-down conversation with ProPublica, Biden discusses Kevin McCarthy’s “terrible bargain,” the fear of change that drives threats to democracy and the Supreme Court’s need for an ethics policy.

The slow-motion equivalent of a nuclear war?

A "new Cold War" on an ever-hotter planet

‘Unbelievably cruel’: GOP pushes astronomical cuts to education, housing, and food aid

"The same party who provided $2 trillion tax giveaways to the wealthy wants to slash funding for WIC, devastating women and children," said Democratic Rep. Gwen Moore.

The perilous path from western domination to de-dollarization

De-dollarization is a road fraught with many challenges.