PA will pay $2,789,430 to families of 1,500 dead Hamas terrorist murderers, this month
https://palwatch.org/page/34650
Excerpt:
Under Palestinian Authority law, every terrorist who is killed attacking Israel is defined as a “Martyr” whose family is immediately rewarded by the PA with a 6,000 shekels ($1,511) grant and a 1,400 ($353) per month allowance for life.
This means each family of the 1,500 dead Hamas terrorists who invaded Israel will receive 7,400 shekels for this first month. Families of those terrorists who were married and had children will receive even more. The PA will pay at least 11,100,000 shekels ($2,789,430) this month as a reward for participating in last week’s murders and atrocities against Israeli civilians.
In addition, the 50 captured Hamas terrorist murderers will receive monthly salaries in prison starting at 1,400 shekels/month which will eventually rise to 12,000 shekels/month. Terrorists who are married and have children will receive even higher salaries. This month these newly arrested terrorists will receive at least 70,000 shekels ($17,590).
In total, the PA will pay at least 11,170,000 shekels ($2,807,021) in payments under the PA’s “Pay-for-Slay” program to the Hamas terrorists this month. This is a low estimate since as the war continues there will be additional Hamas terrorist “Martyrs” and prisoners. This figure is added to the more than 100,000,000 shekels/month the PA already pays in salaries to imprisoned terrorists and families of terrorist “Martyrs.”
The Palestinian Authority should be sending a big thank you to the EU countries and Norway, currently the largest funders of the PA because the PA could not possibly make these terror payments without them. These donor countries like to pretend that it’s not their money rewarding terrorists, but everyone knows that the PA could not reward terrorists without this generous foreign funding. When payments to teachers, police, and street cleaners are taken care of by international donors, the PA has the hundreds of millions available it needs to pay for terror.
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IMO there are no ‘innocent’people in Gaza.
Vanguard invests in Chinese military-linked companies: report
Excerpt:
HONG KONG — Top index fund manager Vanguard has invested in scores of Chinese companies that have links to the nation’s military or have been sanctioned by the U.S. government over alleged human rights abuses, according to research by a bipartisan U.S. group.
The $98.7 billion Vanguard FTSE Emerging Markets exchange-traded fund has invested in the subsidiaries of 60 companies that are part of China’s military industrial-complex, according to the report by the Coalition for a Prosperous America.
The group, which represents U.S. manufacturers, workers, farmers and ranchers, said the Vanguard fund had also put money into eight companies sanctioned by the U.S. government over alleged human rights abuses in China’s Western Xinjiang region.
.....The Vanguard fund owns 5,747 stocks, including more than 2,100 Chinese A-share companies, compared with 4,534 names in the FTSE benchmark, the report and fund fact sheet show.
“Vanguard’s plunge into A-shares has, in our view, fundamentally transformed its relationship with the PRC [People’s Republic of China], making it a de facto business partner of the CCP [China Communist Party], the ultimate authority over publicly traded companies in China.”
The report said “there are no absolute restrictions on asset managers investing in Chinese equities,” but added that index funds have put money into subsidiaries of Chinese military companies that have been subject to U.S. sanctions.
Vanguard, for example, has invested $46 million in three subsidiaries of Aero Engine Corporation of China (AECC), and $44 million in 10 companies under the Aviation Industry Corporation of China (AVIC), the report said, citing FactSet data.
The two Chinese parent groups develop advanced aircraft technologies and are prohibited from importing military technology from the U.S., according to the U.S. Department of Commerce.
AECC Aero-Engine Control, a Shenzhen-listed arm of AECC in which Vanguard reportedly has invested $10 million, has also won backing from the National Military-Civil Fusion Industry Investment Fund, led by China’s Finance Ministry, according to a disclosure by the Chinese company.
AECC Aero-Engine amended its corporate constitution last year to include new references to Chinese President Xi Jinping. It authorized its in-house Communist Party organization to lead the company with “Comrade Xi Jinping as the core” and pledged to “deeply study and thoroughly implement Xi Jinping thought on socialism with Chinese characteristics for a new era.”
Vanguard accelerated purchases of A-shares after it announced a joint venture in December 2019 with Ant Financial Group, the payment giant backed by Alibaba, hoping to tap into China’s retail wealth management business, the report said. In 2021, the U.S. manager abandoned a plan for a wholly owned mutual fund company in the country, citing a “crowded” market.
.....Western fund managers holding trillions of dollars of assets are coming under increasing political pressure as the U.S. steps up restrictions on investments it claims will help China enhance its military and technological power.
BlackRock, the first foreign fund manager with a wholly owned mutual fund company in China, together with index maker MSCI, was questioned in August by the China committee of the U.S. House of Representatives about whether it was directing funds into Chinese military companies.
State Street Global Advisors Asia was dropped last year as the manager of the Hong Kong-listed Tracker Fund after the U.S. manager quickly reversed a decision to stop investing in companies that the Trump administration said were linked to the Chinese military.