The pension reform protests in France grew to new proportions. Protesters have not allowed the government to silence them. On Thursday, over 100 people stormed BlackRock's office in Paris and nearly burned it down. "The meaning of this action is
Kentucky Governor Andy Beshear, a Democrat, has signed HB236 into law that requires the state's public pension funds to make investment decisions on financial risks and returns; the new law bans environmental, social, and governance (ESG) factors.
France is engulfed in turmoil following President Emmanuel Macron's controversial decision to raise the retirement age. Over a million people participated in nationwide protests on Thursday, transforming urban areas into scenes of chaos. These demons
By forcing people to put money into pension funds in a form of investment that they weren't necessarily comfortable with, governments created vast piles of money that was essentially left unguarded on the beach in a bay with a hundred pirate ships.
It's remarkable to think that it was just 6 weeks ago when the UK revealed its biggest spending spree in decades - one which sparked a bond market crisis, a political shake up and the resignation of the now former PM Liz Truss.
Missouri plans to remove $500 million of its pension fund investments from BlackRock, making it the latest state to divest from the world's largest asset manager in response to the company's overt leftist agenda.
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