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Divestment From South Africa
Disinvestment (or divestment) from South Africa was first advocated in the 1960s, in protest against South Africa's system of apartheid, but was not implemented on a significant scale until the mid-1980s. The disinvestment campaign, after being realised in federal legislation enacted in 1986 by the United States, is credited by some as pressuring the South African Government to embark on negotiations ultimately leading to the dismantling of the apartheid system. United Nations campaigns In November 1962, the United Nations General Assembly passed Resolution 1761, a non-binding resolution establishing the United Nations Special Committee against Apartheid and called for imposing economic and other sanctions on South Africa. All Western nations were unhappy with the call for sanctions and as a result, boycotted the committee.Arianna Lisson"The Anti-Apartheid Movement, Britain and South Africa: Anti-Apartheid Protest vs Real Politik", Ph.D. Dissertation, 15 September 2000 Follo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Petroleum is primarily recovered by oil drilling. Drilling is carried out after studies of structural geology, sedimentary basin analysis, and reservoir characterisation. Recent developments in technologies have also led to exploitation of other unconventional reserves such as oil sands and oil shale. Once extracted, oil is refined and separated, most easily by distillation, into innumerable products for direct use or use in manufacturing. Products include fuels such as gasol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maximum Security Prison, Robben Island
Maximum Security Prison is an inactive prison at Robben Island in Table Bay, 6.9 kilometers (4.3 mi) west of the coast of Bloubergstrand, Cape Town, South Africa. It is prominent because Nobel Laureate and former President of South Africa Nelson Mandela was imprisoned there for 18 of the 27 years he served behind bars before the fall of apartheid. After that, three former inmates of this prison Nelson Mandela, Kgalema Motlanthe, and Jacob Zuma have gone on to become President of South Africa. It is a South African National Heritage Site as well as a UNESCO World Heritage Site. History Beginning in 1961, Maximum Security Prison was used by the South African government for political prisoners and convicted criminals. The maximum security prison for political prisoners closed in 1991 and the medium security prison for criminal prisoners was closed five years later in 1996. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Endowment
A financial endowment is a legal structure for managing, and in many cases indefinitely perpetuating, a pool of financial, real estate, or other investments for a specific purpose according to the will of its founders and donors. Endowments are often structured so that the inflation-adjusted principal or "corpus" value is kept intact, while a portion of the fund can be (and in some cases must be) spent each year, utilizing a prudent spending policy. Endowments are often governed and managed either as a nonprofit corporation, a charitable foundation, or a private foundation that, while serving a good cause, might not qualify as a public charity. In some jurisdictions, it is common for endowed funds to be established as a trust independent of the organizations and the causes the endowment is meant to serve. Institutions that commonly manage endowments include academic institutions (e.g., colleges, universities, and private schools); cultural institutions (e.g., museums, librar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Constitution Of The Republic Of South Africa Act (110 Of 1983)
The Constitution of 1983 (formally the Republic of South Africa Constitution Act, 1983) was South Africa's third constitution. It replaced the republican constitution that had been adopted when South Africa became a republic in 1961 and was in force for ten years before it was superseded by the Interim Constitution on 27 April 1994, which in turn led to the current Constitution of South Africa, which has been in force since 1997. Background The creation of the 1983 constitution was spearheaded by then-Prime Minister P.W. Botha. It was approved by white voters in a referendum on 2 November 1983, in which 66.3% of ballots cast were in favour of the new constitution. Provisions Among the 1983 constitution's most controversial provisions was its establishment of the Tricameral Parliament, a legislative arrangement that would permit the Coloured and Indian race groups to be represented in parliament on a segregated basis, and the abolition of the office of Prime Minister in f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shareholder Resolutions
With respect to public companies in the United States, a shareholder resolution is a proposal submitted by shareholders for a vote at the company's annual meeting. Typically, resolutions are opposed by the corporation's management, hence the insistence for a vote. "Voting has long been recognized as one of the primary rights of shareholders." For publicly held corporations in the United States, the submission and handling of resolutions is regulated by the Securities and Exchange Commission (SEC). Shareholders submit resolutions dealing primarily with corporate governance, such as executive compensation, or corporate social responsibility issues, such as global warming, labor relations, tobacco smoking, human rights, and animal welfare. Virtually all shareholder resolutions are non-binding (or "precatory," to use the legal term of art).Monks, Robert A. and Nell Minow. ''Corporate Governance''. Blackwell Publishers, 2001. In this sense the voting on these resolutions more ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Motors
The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and was the largest in the world for 77 years before losing the top spot to Toyota in 2008. General Motors operates manufacturing plants in eight countries. Its four core automobile brands are Chevrolet, Buick, GMC (automobile), GMC, and Cadillac. It also holds interests in Chinese brands Wuling Motors and Baojun as well as DMAX (engines), DMAX via joint ventures. Additionally, GM also owns the BrightDrop delivery vehicle manufacturer, GM Defense, a namesake Defense vehicles division which produces military vehicles for the United States government and military; the vehicle safety, security, and information services provider OnStar; the auto parts company ACDelco, a GM Financial, namesake financial lending service; and majority ownership in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philadelphia
Philadelphia, often called Philly, is the largest city in the Commonwealth of Pennsylvania, the sixth-largest city in the U.S., the second-largest city in both the Northeast megalopolis and Mid-Atlantic regions after New York City. Since 1854, the city has been coextensive with Philadelphia County, the most populous county in Pennsylvania and the urban core of the Delaware Valley, the nation's seventh-largest and one of world's largest metropolitan regions, with 6.245 million residents . The city's population at the 2020 census was 1,603,797, and over 56 million people live within of Philadelphia. Philadelphia was founded in 1682 by William Penn, an English Quaker. The city served as capital of the Pennsylvania Colony during the British colonial era and went on to play a historic and vital role as the central meeting place for the nation's founding fathers whose plans and actions in Philadelphia ultimately inspired the American Revolution and the nation's indep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
African-American
African Americans (also referred to as Black Americans and Afro-Americans) are an ethnic group consisting of Americans with partial or total ancestry from sub-Saharan Africa. The term "African American" generally denotes descendants of enslaved Africans who are from the United States. While some Black immigrants or their children may also come to identify as African-American, the majority of first generation immigrants do not, preferring to identify with their nation of origin. African Americans constitute the second largest racial group in the U.S. after White Americans, as well as the third largest ethnic group after Hispanic and Latino Americans. Most African Americans are descendants of enslaved people within the boundaries of the present United States. On average, African Americans are of West/Central African with some European descent; some also have Native American and other ancestry. According to U.S. Census Bureau data, African immigrants generally do not sel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leon Sullivan
Leon Howard Sullivan (October 16, 1922 – April 24, 2001) was a Baptist minister, a civil rights leader and social activist focusing on the creation of job training opportunities for African Americans, a longtime General Motors Board Member, and an anti-Apartheid activist. Sullivan died on April 24, 2001, of leukemia at a Scottsdale, Arizona, hospital. He was 78. Early life Born to Charles and Helen Sullivan in Charleston, West Virginia. He was raised in a small house in a dirt alley called Washington Court in one of Charleston's poorest sections. His parents divorced when he was three years old and he grew up an only child. Sullivan has often re-told the event which set a course for the remainder of his life. At the age of twelve, he tried to purchase a Coca-Cola in a drugstore on Capitol Street. The proprietor refused to sell him the drink, saying: "Stand on your feet, boy. You can't sit here." This incident inspired Sullivan's lifetime pursuit of fighting racial prejudice. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Simon
Paul Frederic Simon (born October 13, 1941) is an American musician, singer, songwriter and actor whose career has spanned six decades. He is one of the most acclaimed songwriters in popular music, both as a solo artist and as half of folk rock duo Simon & Garfunkel with Art Garfunkel. Simon was born in Newark, New Jersey, and grew up in the borough of Queens in New York City. He began performing with his schoolfriend Art Garfunkel in 1956 when they were still in their early teens. After limited success, the pair reunited after an electrified version of their song " The Sound of Silence" became a hit in 1966. Simon & Garfunkel recorded five albums together featuring songs mostly written by Simon, including the hits " Mrs. Robinson", "America", " Bridge over Troubled Water" and "The Boxer". After Simon & Garfunkel split in 1970, Simon recorded three acclaimed albums over the following five years, all of which charted in the Top 5 on the ''Billboard'' 200. His 1972 self-titl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
