SocialImpact

Understanding Value-Added Taxes: Why They Spark Controversy in Politics

10 hours ago

Value-added taxes (VATs) have been the subject of heated debate, particularly among political figures in the United States. Recently, former President Donald Trump has expressed strong opposition to the concept of VATs, positioning himself against their implementation in a potential future tax reform.

Japan’s $1.7 Trillion Pension Fund Intensifies Commitment to ESG Investments

3 days ago

Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund with assets totaling approximately $1.7 trillion, has announced a significant new strategy to bolster its investments in environmentally and socially responsible companies. This move aligns with the global trend towards sustainable investing and reflects a growing recognition of the impact of environmental, social, and governance (ESG) factors on long-term financial performance.

Pretium Ventures into Affordable Housing with New Fund for Rental Homes

24 days ago

In a strategic maneuver to address the escalating affordable housing crisis, Pretium, a prominent asset management firm, is reportedly launching a new investment fund focused on acquiring affordable rental properties. This move comes amid growing concerns regarding housing affordability and availability across various markets in the United States.

Investors with $6.8 Trillion Urge EU to Stand Firm on ESG Principles Amid Rising Backlash

2 months ago

In a decisive move, a coalition of investors overseeing a staggering $6.8 trillion in assets has sent a powerful message to European regulators: refrain from yielding to the mounting backlash against Environmental, Social, and Governance (ESG) investment strategies. These investors collectively implored the European Union to maintain its course in promoting ESG frameworks, reinforcing their importance in guiding capital towards sustainable and ethical economic practices.

Olivia Wilde Innovates in Investment: Co-Founding Proximity Ventures

5 months ago

In a surprising move that blends her passion for storytelling with a keen eye for investment, actress and director Olivia Wilde has entered the venture capital arena. She has quietly co-founded a new venture capital firm called Proximity Ventures, aimed at supporting and amplifying startups that prioritize innovation, creativity, and social impact. This expansion into finance signals a significant shift in Wilde's career trajectory, showcasing her multi-faceted talents beyond her considerable accomplishments in film and television.

Egypt and IMF Collaborate to Assess $8 Billion Reform Program’s Impact on Vulnerable Populations

5 months ago

In a significant move aimed at bolstering economic stability, Egypt and the International Monetary Fund (IMF) are embarking on an initiative to evaluate the effects of a recently launched $8 billion reform program. This program seeks to address pressing economic challenges faced by the nation's most vulnerable communities. The IMF has expressed its commitment to ensuring that the most affected populations are adequately supported during this transitional phase.