Word: investments
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Dates: during 1980-1989
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Although many school managers across the country routinely invest their tax dollars, Pennsylvania districts have consolidated their revenues in order to negotiate top interest rates. Some states, Virginia among them, do not allow school districts to make their own investment decisions, but the idea of a pool is beginning to catch on. Michigan and Illinois are working with E.F. Hutton to set up an investment fund early in 1984. Comments James Betchkal, associate director of the Washington-based National School Boards Association, which is helping to organize the plan: "A lot of school districts are money poor, but very...
...March, will be almost immediately replaced by Big Pine III. El Salvador will doubtless hold its presidential elections on schedule, March 25, but Salvadoran citizens do not seem aroused or optimistic about the voting. As far as U.S. policy is concerned, Central America is no place to invest high hopes. Right now, averting a crisis seems good enough...
...Harvard, as on other college campuses, the issue of South Africa and morality has been periodically and hotly debated. Is it right for an institution of higher learning to invest in corporations that do business in South Africa, a country that practices a legally institutionalized racism? In 1978 students responded to that question by marching in the thousands through the streets of Cambridge in protest. Some took over Massachusetts Hall, in an action reminiscent of 60s protests. Last year, public attention grew briefly when a group of students and one Faculty member fasted for seven days. At the same time...
First, it is unquestionably immoral to invest in corporations that support an inherently evil system--even with the justification that one intends to "influence change" in that system. With "moral" reasoning that would render such an action permissible, what is to prevent someone from investing in a drug ring, expressing a desire to influence drug dealers to decrease sales to young children or to cut down on drug-related murder...
...Vorster trip also resulted in the creation of a Joint Ministerial Committee to promote closer economic ties between the two nations. South Africa made an exception to its ordinarily strict investment regulations by allowing South African Jews to invest up to $60 million in Israel. More official economic ties were strengthened in 1980 when the apartheid government extended a $200 million loan to Israel and sold $25 million in Israeli bonds in South Africa...