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    weapons of mass destruction

    ICAN stop investing in nuclear arms

    US Asset Managers Have 'Significant Investments' in Nuclear Weapons and Cluster Bombs: Analysis

    "Many investors, given a choice, would not want to profit from companies that manufacture weapons of mass destruction," said As You Sow's Andrew Behar.

    Brett Wilkins
    Jul 18, 2023

    Amidst what the Bulletin of Atomic Scientists calls "an exceedingly dangerous nuclear situation" facing humanity today, the largest U.S. mutual funds—which manage the retirement and other savings of tens of millions of Americans—are profiting from investments in nuclear weapons, cluster munitions, and other banned or controversial arms, an analysis by a leading shareholder advocacy group revealed Tuesday.

    Measured by dollars invested, the top 25 U.S. asset managers "all earn a D grade or worse, with significant investments in arms manufacturers and major military contractors, including companies involved with nuclear weapons and controversial weapons like cluster munitions, anti-personnel landmines, incendiary weapons, and depleted uranium," Berkeley, California-based As You Sow said in its new report.

    Keep ReadingShow Less
    News
    arms trade
    U.S. destroys chemical weapons

    Years Behind Schedule, US Destroys Last Chemical Weapons Stockpile

    "Honestly, I never thought this day would come," said the head of the citizens advisory commission overseeing the destruction.

    Brett Wilkins
    Jul 07, 2023

    The White House announced Friday that the United States has destroyed what remains of its once-massive military chemical weapons arsenal, while vowing to "prevent the stockpiling, production, and use" of the internationally banned weapons of mass destruction.

    "For more than 30 years, the United States has worked tirelessly to eliminate our chemical weapons stockpile. Today, I am proud to announce that the United States has safely destroyed the final munition in that stockpile—bringing us one step closer to a world free from the horrors of chemical weapons," President Joe Biden said in a statement.

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    News
    chemical weapons
    CUT TRIDENT: Not jobs, health, education

    Scrapping Trident and Transitioning to a Nuclear-Free World

    As the illicit trade in nuclear weapons escalates alongside the risk of geopolitical conflict, it’s high time governments decisively prioritized nuclear disarmament

    Rajesh Makwana
    Feb 27, 2016

    As geopolitical tensions escalate in the Middle East and the world teeters on the brink of a new Cold War, it's clear that the only way to eliminate the threat of nuclear warfare is for governments to fulfill their long-held commitment to the "general and complete disarmament" of nuclear weapons - permanently. A bold and essential step towards this crucial goal is to decommission Trident, the UK's ineffective, unusable, and costly nuclear deterrent submarines. Renewing Trident would not only undermine international disarmament efforts for years to come, it will reinforce the hazardous belief that maintaining a functional nuclear arsenal is essential for any nation seeking to wield power on the world stage.

    Needless to say, modern nuclear bombs are many times more destructive than those dropped on Japan at the end of the Second World War and would result in a host of immeasurably devastating impacts on the natural world and human life if they were deployed today. The extent to which nuclear weapons currently proliferate around the globe is, therefore, alarming and underscores the need for radical action on this critical issue. According to the Stockholm International Peace Research Institute, nine countries (the United States, Russia, the United Kingdom, France, China, India, Pakistan, Israel and North Korea) possess a total of 16,000 nuclear weapons, of which 4,300 are deployed with operational forces and 1,800 are "kept in a state of high operational alert" - which means they can be launched within a 5 to 15-minute timeframe if necessary.

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    Opinion
    nuclear disarmament

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