Statement on Worldwide Media Holdings’ investment in NewsClick
www.thehindu.com
In a statement, Jason Pfetcher, manager of Worldwide Media Holdings, clarifies on the provenance of the funds that the for-profit investment vehicle based in the U.S. invested in Newsclick

In this statement, Jason Pfetcher, manager of Worldwide Media Holdings, clarifies on the provenance of the funds that the for-profit investment vehicle based in the U.S. invested in NewsClick

  • xuxebiko@kbin.socialOP
    81·
    9 months ago

    The New York Times failed to include PSF’s categorical denial of foreign funding, and instead left readers to believe that the source of PSF’s funding (or Roy’s for that matter) might have come from China, rather than from the sale of ThoughtWorks. Their salacious headlines and misleading ‘reporting’ have now directly contributed to the arrest of innocent journalists.

    Given the repression that is now taking place, it begs the question as to whether India is a safe place for foreign investors who carefully follow Indian law.

    • loathesome dongeater@lemmygrad.mlEnglish
      32·
      9 months ago

      Given the repression that is now taking place, it begs the question as to whether India is a safe place for foreign investors who carefully follow Indian law.

      That’s their concern?

      • xuxebiko@kbin.socialOP
        1·
        9 months ago

        Money makes the world go round. If they think they can make money, western democracies will support any dictator and refuse to
        take any action against the dictatorship. Only when their investments are in danger, will corporates & the world stop treating a dictator and his religious extremeist fuelled dictatorship with kid gloves.

        eg : What sanctions has China faced for its genocide of Uyghurs? Even now the west refuses to sanction companies that do business with/in Russia, despite the very clear evidence of genocide of Ukrainians.