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Showing 1 - 10 of 51 results for %22Russian Government%22

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... last 18 years for its "production of nuclear weapons". On 24 February 2022, major super funds were quick to divest from Russian companies when it invaded the Ukraine. Two years on, Russia's continuous attacks have killed 9614 Ukrainians as at September ...

GESB debuts first sustainable option

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2023
... weapons, and nuclear weapons. GESB also excludes any equity securities or debt issued by Russian companies or the Russian government. However, this dedicated option takes the exclusions further. With the extent to which something is excluded differing ...

Forrests invest in post-war, green Ukraine

RACHEL ALEMBAKIS  |  FRIDAY, 18 NOV 2022
... Initiative, which has been in the works since early March. "Andrew and I have agreed we will not replace communist era rubbish Russian infrastructure, instead we will leapfrog to the latest technology," Zelenskyy said. "We will take advantage of the ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... quarter. The ABS said: "Price pressures continued to flow through to consumers following an oil price shock caused by the Russian invasion of Ukraine last quarter, coupled with ongoing easing of COVID-19 restrictions strengthening global demand." "While ...

FSC offers guidance on divesting Russia

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
The Financial Services Council (FSC) has released guidance to assist super funds and fund managers in divesting Russian assets. Despite superannuation funds only having a small exposure to Russian investments in the context of the $3.5 trillion superannuation ...

War in Ukraine sparks defence spend

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... involve providing military equipment, medical supplies and financial assistance. Australia has already sanctioned 488 Russian nationals and 33 entities and institutions. The government's outlook for the international economy, included in budget papers ...

Hume, Bragg address Blockchain Week

ELIZABETH MCARTHUR  |  TUESDAY, 22 MAR 2022
... actors in the world will benefit. This needs to be addressed. The removal of Russia from SWIFT and the sanctioning of the Russian Central Bank has given this issue fresh urgency," Bragg said. "While this has been going on, cryptocurrency transactions ...

Vanguard suspends trading in Russian securities

JAMIE WILLIAMSON  |  TUESDAY, 8 MAR 2022
Vanguard has suspended the purchasing of Russian securities from all its actively managed funds and is also working to divest passive holdings. In a statement, Vanguard said its total exposure to Russia only accounts for about 0.01% of client assets ...

Super funds drop Russian assets

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
Australian superannuation funds are dropping Russian assets in response to its invasion of Ukraine amid escalating global sanctions against Russia. Yesterday Treasurer Josh Frydenberg and Senator Jane Hume released a joint statement requesting that ...

Accenture pulls out of Russia

JAMIE WILLIAMSON  |  FRIDAY, 4 MAR 2022
... and will match 100% of donations made by employees. Accenture's decision follows Grant Thornton cutting ties with its Russian affiliate this week, with FBK leaving the member network with immediate effect. Russia has also been removed from the list of ...
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