Fund

A Hedge Fund With Ties to Trump Is Polluting One of Brooklyn’s Poorest Communities

Lenore Staats 2 months ago

Tipping Point covers environmental justice stories about and, where possible, written by people in the communities experiencing the stark reality of our changing planet.

It’s time to wake up. On Global Climate Day of Action, VICE Media Group is solely telling stories about our current climate crisis. Click here to meet young climate leaders from around the globe and learn how you can take action.

Maria Escalera breathes some of the most polluted air in New York City. The 64-year-old works at a family health center near the industrial waterfront of Brooklyn’s Sunset Park neighborhood. Her office is within walking

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Unemployment trust fund, long list of other items on special session agenda

Lenore Staats 2 months ago



a large tall tower with a sky background: State Capitol building in Louisiana.

© Provided by WVUE New Orleans
State Capitol building in Louisiana.

NEW ORLEANS, La. (WVUE) – As state legislators prepare to begin another special session on Monday (Sept. 28), some say the state of Louisiana’s unemployment trust fund is a top concern that will be addressed during the 30-day conclave.

Rep. Jerome “Zee” Zeringue, a Republican from Houma, who chairs the House Appropriations Committee, and Sen. Troy Carter, a Democrat from New Orleans, who is chairman of the Senate Labor and Industrial Relations Committee agree the pandemic has put a lot of pressure on the unemployment trust fund,

“Unemployment insurance

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EB-5 fund invests $50M in Hialeah warehouse park — looking for more Florida projects

Lenore Staats 2 months ago

An EB-5 investment firm searched the state for a potential prosperous development, and decided to bet on a Hialeah warehouse project. And it has another $125 million to drop.

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CanAm Enterprises, founded 33 years ago in Canada, invested $50 million into the Countyline Corporate Park project in August. The money will fund construction of 1.2 million square feet of warehouse space. Flagler Global Logistics, a subsidiary of the Downtown Miami-based development and investment firm Florida East Coast Industries, is developing the 8.4 million-square-foot industrial park running from Northwest 154th to 170th streets and Northwest 97th to 107th avenues

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Kenya: 100,000 Dairy Farmers to Access Credit From Family Bank’s Sh1 Billion Fund

Lenore Staats 2 months ago

Nairobi — Family Bank has entered into a partnership with Performeter Agribusiness Limited in a deal that will see 100,000 farmers in dairy cooperatives access credit to finance fodder production, a critical barrier to the competitiveness of Kenya’s dairy sector.

Through this partnership, the Bank has set aside Sh 1 billion to facilitate industrial production of fodder by financing the fodder production activities namely; land preparation, planting, fertilization, weed control, harvesting, ensiling, baling and transportation, up to the point where the dairy farmer receives the fodder at the farm.

This is aimed at supporting the dairy farmers to have all-year-round

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Newspaper toy fund starts raising money early for a challenging holiday season

Lenore Staats 2 months ago

The Portland Press Herald Toy Fund is facing unprecedented challenges as more Maine families struggle to make ends meet during the coronavirus pandemic and need help bringing their children a sense of normalcy during the upcoming holidays.

The toy fund is making an early appeal for financial support and forming new partnerships with other nonprofit organizations and two additional newspapers to meet that need. The economic pressures of the pandemic come after the charity spent much of its reserve fund in recent years as donations gradually declined and need remained high, according to organizers.

Last year, the toy fund raised

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The fund managers, the sleuths and the mystery of the missing ESG

Lenore Staats 2 months ago

If fund managers are serious about clean investments, they need to get their hands dirty.
That’s the view of Sasja Beslik, head of sustainable finance at Swiss bank J Safra Sarasin, as demand surges for companies that perform well on environmental, social and governance (ESG) issues.
He himself has turned ESG detective in the past, flying to southern India after reading studies that found high water pollution levels around some factories mass-producing medicines.
Accompanied by a cameraman, Beslik spent 10 days meeting villagers and taking samples from streams close to the plants supplying companies that his then-firm had invested in.

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Chinese banks reluctant to fund CPEC projects in current climate: Sources

Lenore Staats 2 months ago

ISLAMABAD: China Pakistan Economic Corridor (CPEC) has reportedly hit snags as the Chinese banks/ financial institutions are reluctant to fund the projects due to current state of affairs, well informed sources told Business Recorder.

In the past, the incumbent government’s Ministers openly accused former Chief Minister Punjab( currently Leader of Opposition in National Assembly), Mian Shahbaz Sharif and former Minister for Planning, Development and Reforms, Ahsan Iqbal of taking kickbacks in Chinese projects being established in CPEC. National Accountability Bureau (NAB) also started investigations which were later on shelved.

The issue of banks/ financial institutions reluctance in funding the projects

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Cabinet may okay trust fund rules

Lenore Staats 2 months ago


ISLAMABAD:

The cabinet, which is scheduled to meet on Tuesday, is likely to approve revised rules for the public sector entities holding trust funds to pave the way for investment in non-government securities.

According to directives of the Board of Investment (BOl), the Federal Employees Benevolent and Group Insurance Fund (FEB&GIF) has proposed revised terms of reference (TORs) for its investment committee.

It has incorporated different requirements and analysis of financial ratios for investment in non-government securities instead of merely depending on reports of credit rating agencies, which will help avoid any weak investment decision.

Sources told The Express Tribune

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‘Energize Colorado’ Fund Will Offer Money To Struggling Businesses

Lenore Staats 3 months ago

DENVER (CBS4) – A new program starting next week will provide more than $25 million in small business loans and grants to Colorado companies. “Energize Colorado” will prioritize businesses in rural areas, as well as those that are owned by veterans, women and minorities.

CBS4’s Alan Gionet talked to business owners who have been hit hard by the coronavirus pandemic.

“Our line is beautiful and people do very well with it,” said Patti Morgan. She was in her space inside the Denver Mart, a mall of sorts for wholesalers on the north side of Denver. It’s a sole proprietorship where

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Romanian investment fund buys stake in local fiber glass mesh producer

Lenore Staats 3 months ago

Romanian investment fund ROCA Investments, part of Impetum Group, has bought a stake in BICO Industries, the leader in the fiberglass mesh market in Eastern Europe and the largest domestic producer of fiberglass fittings.

The financial details of the transaction were not disclosed.

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Through this partnership, ROCA Investments aims to contribute to the consolidation of Romanian exports on this industrial niche, a field with sustained demand.

With an estimated market share of 35% nationally and 5% in Europe, BICO already enjoys good regional credibility for a leading position and meets all the highest quality standards for the products offered.

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Real Vision Talks K-Shaped Recovery, Tesla, Money Market Fund Fee Waivers

Lenore Staats 3 months ago

Inequality is an ever-widening chasm as the strong get stronger and the weak go out of business. Real Vision’s Ash Bennington and Ed Harrison talked about the gap between large and tech-based companies on the upside of the economic recovery versus the small and brick-and-mortar businesses on the downside during today’s Daily Briefing.

They said that the gap between winners and losers is forming what some are calling a “K”-shaped recovery. With claims that cities are “dead,” one interesting sector on the upside they discussed is homebuilders, whose businesses are booming.

Existing home sales are through the roof, with distant

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Ingdan Innovations Introduces Leading Strategic Investor, Guangdong Finance Fund Management

Lenore Staats 3 months ago

Press release content from PR Newswire. The AP news staff was not involved in its creation.

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HONG KONG, Aug.12, 2020 /PRNewswire/ — Cogobuy Group (“Cogobuy” or the “Company”, stock code: 400.HK; with its subsidiaries (the ″Group″)) is pleased to announce the Company’s flagship Ingdan Innovations, a platform engaged in chip sales and technology services, has signed a strategic investment agreement with Guangdong Finance Fund Management Co., Ltd. (“Guangdong Finance Fund Management”), making it the leading strategic investor in Ingdan Innovations. The investment supports Ingdan Innovations’ rapid development in the trillion-RMB domestic chip market, and will contribute

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