News StoriesExcerpts of Key News Stories in Major Media
Note: This comprehensive list of news stories is usually updated once a week. Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.
On a salary of $16,200 a year ... credit union manager [Lawrence E. King Jr. spent] $10,000 a month on limousines. His credit card charges topped $1 million. King threw a $100,000 party for 1,000 close friends at the Republican National Convention. A federal jury this summer will decide whether King, 45, is guilty as charged of looting $38 million from the Franklin Community Federal Credit Union. Last week, a county grand jury ... began sifting through allegations tying King to a child prostitution and exploitation ring that reputedly catered to some of Omaha's most respected burghers. The sexual allegations [are based on] reports from half a dozen young people who reportedly have described being auctioned like love slaves, flown to the coasts for wild parties, or plied with drugs and alcohol as part of a bisexual bacchanal. "They appear credible to me," said state Sen. Loran Schmit, chairman of the legislative committee appointed to investigate the scandal. King liked to share the wealth ...with his young male friends. [He] gave a $2,800 deerskin coat and 18-karat gold bracelet to 29-year-old Charlie Rogers, who later blew his own brains out with a shotgun. Another young man [claimed] King "wanted to own you – a sugar daddy thing." Yet the lawmen who were investigating "did nothing," despite the fact that one witness passed four polygraph tests. John DeCamp, the former state senator [wrote a memo] alleging that "the most powerful and rich public personalities of the state are central figures in the investigation."
Note: This scandal is the tip of the iceberg on a pedophilia ring that reaches to the highest levels of government. Learn about and watch the suppressed Discovery Channel documentary "Conspiracy of Silence" for solid, undeniable evidence of this. For more along these lines, see concise summaries of deeply revealing sex abuse news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our Mind Control Information Center for how this is all manipulated and kept quiet.
Veteran homelessness has dropped nearly in half since 2010, the U.S. Department of Housing and Urban Development (HUD) announced. On a given night in January, there were fewer than 40,000 homeless veterans, according to the country’s annual Point-in-Time count. That marked a 47 percent decrease since the same count was conducted six years prior. The success was due to the White House’s first-ever strategic plan to end veteran homelessness and a unique partnership between HUD and the Department of Veteran Affairs. Through the collaboration, HUD provides rental assistance to homeless veterans and the VA complements it with case management and clinical services. Since 2010, more than 360,000 veterans and their families have been permanently housed, rapidly rehoused or were spared from becoming homeless through HUD and VA programs. “The dramatic decline in veteran homelessness reflects the power of partnerships in solving complex national problems on behalf of those who have served our nation,” Robert A. McDonald, VA secretary, said in a statement. “The men and women who have fought for this nation should not have to fight to keep a roof over their head.” Numerous studies over the years have found that the concept of housing first, which touts providing housing to homeless people in need before addressing their health or economic issues, is effective and cost efficient.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
President Obama declared five new national monuments Thursday. Three new monuments in the South, all of which have bipartisan support, exemplify Obama’s push to expand America’s shared national identity through the narrative it tells with its public lands. Two of them, in Birmingham and Anniston, Ala., were sites of violent acts perpetrated against African American children and an interracial group of civil rights activists. The third, in Beaufort, S.C., commemorates the period between the Civil War and the push for segregation in the 1890s when freed slaves worked to establish schools and communities of their own. Obama noted that the monuments “preserve critical chapters of our country’s history” and reflect his long-standing effort to “ensure that our national parks, monuments and public lands are fully reflective of our nation’s diverse history and culture.” By invoking the Antiquities Act of 1906 to designate the sites, Obama has now used the act more than any other president. While ... civil rights proponents had long expected the Alabama sites to be designated as national monuments, Obama’s decision to establish one to Reconstruction was more surprising. Northwestern University history professor Kate Masur, who pushed for designation, [said] that the [Penn Center site in South Carolina] will illuminate “one of the most important and most misunderstood eras of our past. The Reconstruction era was the nation’s first effort to grapple with slavery’s lasting impact, when millions of former slaves began forging lives in freedom.”
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
A Turkish man has staged an eight-hour silent vigil on Istanbul's Taksim Square, scene of violent clashes between police and anti-government protesters in recent weeks, inspiring hundreds of others to follow his lead. Erdem Gunduz said he wanted to take a stand against police stopping demonstrations near the square, Dogan news agency reported. He stood silently, facing the Ataturk Cultural Centre which was draped in Turkish flags and a portrait of Turkey's founder Mustafa Kemal Ataturk, from 6 p.m. ... on Monday. By 2 a.m. ... when the police moved in, about 300 people had joined him. Ten people, who refused to be moved on by police, were detained. Gunduz, swiftly dubbed "standing man" on social media in Turkey, inspired similar protests elsewhere in Istanbul as well as in the capital Ankara and the city of Izmir on the Aegean coast. The silent protests were in stark contrast to demonstrations at the weekend, which saw some of the fiercest clashes so far when police fired teargas and water cannon to clear thousands from Taksim Square. What began in May as a protest by environmentalists upset over plans to build on a park adjoining Taksim has grown into a movement against Prime Minister Tayyip Erdogan, presenting the greatest public challenge to his 10-year leadership.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Almost all Costa Rica's electricity was produced by renewable energy in 2016. The Costa Rican Electricity Institute (ICE) said that around 98.1 per cent of the country’s electricity came from green sources. These included large hydropower facilities, fed by a myriad of rivers and heavy seasonal rains, geothermal plants, wind turbines, solar panels and biomass plants. The country used carbon-free electricity for more than 250 days last year with a continuous 110-day stretch from 17 June until 6 October. Science and environment journalist Maria Gallucci described the tropical country as "a verdant gem amid a pile of black coal rocks". In comparison, less than 15 per cent of the US electricity supply for January to October 2016 was renewable. Coal and natural gas together made up nearly two-thirds of the US electricity generation over that period and nuclear power provided the remaining 19 per cent. ICE president Carlos Manuel Obregón said he expected renewable power generation to stay “stable” in Costa Rica in 2017. The country, which hosts more than five per cent of the world’s species biodiversity despite a landmass that covers 0.03 per cent of the planet, has recently set up four new wind farms. Costa Rican clean development adviser Dr Monica Araya has said the extent of Costa Rica's renewable electricity generation is a “fantastic achievement".
President-elect Donald Trump met with Robert Kennedy Jr., a prominent vaccine skeptic, on Tuesday. According to incoming White House press secretary Sean Spicer, the two discussed “the issues pertaining to vaccines and immunizations.” After the meeting concluded, Kennedy told reporters that Mr. Trump had asked him to “chair a commission on vaccination safety and scientific integrity.” Kennedy said he told Mr. Trump he would chair such a commission, and that their meeting was held at Mr. Trump’s request. Kennedy, the eldest son of liberal icon Sen. Robert Kennedy, was best known as an environmental advocate before increasingly devoting his time to the supposed dangers of vaccines. Mr. Trump has repeatedly shared his belief that there is a link between vaccines and autism. Kennedy has argued that vaccines, specifically those containing the element thimerosal, may cause autism, a view ... dismissed as a conspiracy theory by experts. Many parents continue to insist that their children were damaged by immunizations. Kennedy, who criticized Mr. Trump during the election campaign, has also written a book ... on the subject.
Note: Read Kennedy's most excellent, well researched article "Deadly Immunity" to understand why he questions the current vaccine regimen And then check out an excellent interview from Dec. 2016 on how Kennedy was "dragged kicking and screaming into this brawl," yet ultimately convinced of its importance. What's amazing is that the vast majority of people never knew Robert Kennedy's son was an advocate for safe vaccines. Now they know and the media are attacking him fiercely. For more, see concise summaries of revealing vaccine controversy news articles.
Anti-vaccine rant exposes conflict over hospitals’ embrace of alternative medicine
January 9, 2017, Boston Globe/Statnews.com
In the span of a few days, the anti-vaccine screed of a Cleveland Clinic doctor prompted a social media firestorm, an apparent retraction from the physician, and promises of disciplinary action by administrators of his prestigious hospital system. The anti-vaccine column that triggered the weekend’s outcry was written by Dr. Daniel Neides, director and CEO of the Cleveland Clinic’s Wellness Institute, which advertises homeopathic remedies and alternative weight loss and pain management treatments. In his commentary posted on Cleveland.com, Neides, who is a family doctor, said that preservatives and other ingredients in vaccines are dangerous and are likely behind the increase in diagnosed cases of neurological diseases such as autism. “Does the vaccine burden - as has been debated for years - cause autism? I don’t know and will not debate that here. What I will stand up and scream is that newborns without intact immune systems and detoxification systems are being over-burdened with preservatives and adjuvants in the vaccines,” he wrote. Adjuvants are added to vaccines to prompt a stronger immune response. Neides issued an apology and apparent retraction on Sunday, saying in a statement released by the Cleveland Clinic: “I fully support vaccinations and my concern was meant to be positive around the safety of them.”
Note: It is highly unusual that at the time of writing this, the above Boston Globe link automatically forwards to another website. The lack of willingness to entertain the wealth of documented evidence of vaccines dangers by the media is astounding. See the original article on this webpage and note how this very respected physician is being ridiculed by so many who parrot the official line about vaccine safety. For more along these lines, see concise summaries of deeply revealing vaccine controversy news articles from reliable major media sources.
Mice were turned into Walking Dead-style zombie killers by turning on a light that activated specific brain cells associated with hunting, scientists have revealed. The researchers found that firing one set of neurons prompted the mouse to pursue its prey, while doing the same to another set caused the animal to bite and kill its target. The effect was so strong that the otherwise perfectly ordinary creature would attack anything nearby, such as sticks or bottle caps, as well as more normal prey like crickets. A technique called optogenetics ... allowed [scientists] to activate specific brain cells using a laser. So one minute the mice would be behaving normally, but as soon as the laser was turned on they would aggressively attack whatever was around them. The effect was stronger in mice that were hungry, and they also did not attack other mice in the cage. Professor Ivan de Araujo, of Yale University School of Medicine, who took part in the research, said ... “The system is not just generalised aggression. It seems to be related to the animal’s interest in obtaining food.” he said. However, the effect was so powerful that the mice would attack inedible objects. The paper in Cell explained: “When a non-edible item was placed in the cage, laser activation caused the otherwise indifferent mice to immediately ... seize the object, which was then held with the forepaws and bitten. “Behaviour was interrupted immediately upon laser deactivation." It said the mice were never seen to attack inanimate objects unless the laser was used.
Note: Remember that secret military projects are often 10 to 20 years of anything being publicly announced. How far have they gone with this? Are soldier secretly being subjected to this technology? For more along these lines, see concise summaries of deeply revealing major media articles on secret government mind control programs.
Suicide - not combat - is the leading killer of U.S. troops deployed to the Middle East to fight Islamic State militants, according to newly released Pentagon statistics. U.S. casualties have been relatively low since the U.S.-led war effort began with a bombing campaign in August 2014, reflecting the limited combat exposure for troops. Of the 31 troops who have died as of Dec. 27 in Operation Inherent Resolve, 11 have taken their own lives. Eight died in combat, seven in accidents and four succumbed to illness or injury. The cause of one death is under investigation. The reasons suicide ranks as the No. 1 cause of troop deaths ... likely include mental illnesses that enlistees brought with them to boot camp, post-traumatic stress, multiple combat deployments and heightened anxiety in a military at war for 16 years. By far, 2016 has been the most dangerous for U.S. forces since the war began. Seven of the eight combat deaths have occurred in 2016, and 21 of the 26 troops wounded in action suffered their injuries this year. But the military's suicide problem continues. Between 2001 and 2010, the rate of suicide in the military doubled. The chief spike occurred around 2005 when fighting and combat deaths soared in Iraq and Afghanistan, and the Army shouldered most of the war’s burden. The Army still has the highest percentage among the services for suicide. As a whole, the military’s rate of suicide of about 20 per 100,000 troops in 2014 was comparable to the same civilian population.
A gunman opened fire in the baggage claim area at the Fort Lauderdale airport Friday, killing five people and wounding eight before being taken into custody in an attack that sent panicked passengers running out of the terminal and onto the tarmac. An additional 37 people were injured after the incident. The gunman was identified as Esteban Santiago-Ruiz, 26, who had active-duty military identification on him. Santiago-Ruiz was in federal custody, the Broward County Sheriff Scott Israel said. He will face federal charges. FBI sources told CBS News ... that they ran a full database check on Santiago-Ruiz, and they found no connection to terror groups. In Nov. 2016, Santiago-Ruiz walked into an FBI office in Anchorage and claimed he was being forced to fight for the Islamic State of Iraq and Syria (ISIS), law enforcement sources told CBS News. He also said his mind was being controlled by the CIA to watch ISIS videos. He was sent to a psychiatric hospital after police were called. He was also investigated as part of a child porn investigation in either 2011 or 2012, law enforcement sources told CBS News. Three weapons and a computer were seized, but no charges were filed. A witness, Mark Lea ... said the shooter was “calm as can be ... he just walked in and started shooting. He wasn’t frantic, he wasn’t psychotic.” Lea estimated that the suspect shot about 24 rounds, [then] walked out of “door 2” and “lay spread-eagle on the floor and waited for law enforcement to arrive.”
Note: Explore undeniable evidence from declassified CIA documents that the U.S. government has been using mind control to create unsuspecting murderers and terrorists. For more along these lines, see concise summaries of deeply revealing major media articles on secret government mind control programs.
Young black men were again killed by police at a sharply higher rate than other Americans in 2016. Black males aged 15-34 were nine times more likely than other Americans to be killed by law enforcement officers last year, according to data collected for The Counted, an effort by the Guardian to record every such death. They were also killed at four times the rate of young white men. Racial disparities persisted in 2016 even as the total number of deaths caused by police fell slightly. In all, 1,091 deaths were recorded for 2016, compared with 1,146 logged in 2015. Several 2015 deaths only came to light last year, suggesting the 2016 number may yet rise. The total is again more than twice the FBI’s annual number of “justifiable homicides” by police, counted in recent years under a voluntary system allowing police to opt out of submitting details of fatal incidents. Citing the Guardian findings, the American Civil Liberties Union (ACLU) expressed renewed concern over Trump’s nomination of Jeff Sessions for US attorney general. Sessions ... has been hostile to critics of police, such as the Black Lives Matter movement. The 2016 data showed a decline in the number of unarmed people killed by police, a central concern of protests across the country after the fatal shooting of an unarmed black 18-year-old in Ferguson, Missouri, in August 2014. A total of 169 unarmed people were killed in 2016, compared with 234 in 2015.
Citing increasingly sophisticated cyber bad actors and an election infrastructure that's "vital to our national interests," Homeland Security Secretary Jeh Johnson is designating U.S. election systems critical infrastructure. The determination came after months of review and despite opposition from many states worried that the designation would lead to increased federal regulation or oversight on the many decentralized and locally run voting systems across the country. A 2013 presidential directive identified 16 sectors as critical infrastructures, including energy, financial services, health care, transportation, food and agriculture and communications. Discussions about whether to designate elections systems as critical infrastructure surfaced after hackers targeted the voter registration systems of more than 20 states in the months prior to the November election. While the designation puts responsibilities on the Department of Homeland Security, it does not require entities that are determined "critical infrastructure" to participate. Much of the nation's critical infrastructure is in the private sector. The designation allows for information to be withheld from the public when state, local and private partners meet to discuss election infrastructure security - potentially injecting secrecy into an election process that's traditionally and expressly a transparent process.
Note: It doesn't take much to read between the lines on this one and see this claim that elections are vital to the national interest as the first step in the DHS taking power away from the states and getting directly involved in US elections. Pay close attention to this one. For more along these lines, see concise summaries of deeply revealing elections corruption news articles from reliable major media sources.
Life as we know it almost ended in 1980. At a Titan II complex in Damascus, Ark., a technician dropped a wrench during routine service of one of the missiles. It bounced down the cavernous silo and punctured the missile’s fuselage. Rocket fuel poured out, and desperate efforts began to prevent the warhead – 600 times greater in explosive power than the bomb that destroyed Hiroshima – from detonating. With reenactments the equal of any thriller and gripping interviews with participants, experts, and survivors, Robert Kenner’s “Command and Control” shows how close we came to the brink of annihilation, and how likely the chances are of such an accident occurring again — with potentially catastrophic consequences. While “Command and Control” tells the story of a nuclear catastrophe that nearly happened in the past, Peter Galison and Robb Moss’s documentary “Containment” shows how the distant future - as in hundreds of thousands of years from now - might be a little dicey, too. The problem is the hundreds of millions of gallons of nuclear waste, some with a half-life in six digits, the residue of weapons making and reactors, that litter the landscape. Not only must secure places be found to store it, but some way must be devised to warn future generations who might not share the same language as us. Moss and Galison employ startling documentary footage and scintillating sci-fi-like animation in examining the danger.
Note: Watch a riveting 10-minute clip from the documentary on the near disaster in Arkansas. One former officer involved in the incident states, "You had to be ready to destroy an entire civilization." For lots more on this important documentary, see this PBS webpage.
Harvard professors and filmmakers Peter Galison and Robb Moss have been collaborating for a decade. They co-directed Secrecy, a 2008 feature documentary about the moral, political, and technological controversies surrounding national security secrecy. Their new film, Containment ... grew first out of work Peter was doing (in print) on “the strange new lands that are at once our wild, biodiverse landscapes, and at the same time some of our most radiologically contaminated,” they told us. “The two of us were utterly taken aback by the ambition of the Department of Energy to mark one of these sites against digging — for a period of 10,000 years.” When Congress [authorized] the nuclear repository near Carlsbad New Mexico - the Waste Isolation Pilot Plant (WIPP) - it was to be regulated by the Environmental Protection Agency which did what it always does: it ascertained how long the materials would remain toxic. Since the half-life of plutonium was 24,000 years, the Department of Energy had to envision how to protect people from accidentally intruding into the site ... for some 400 generations. So ... the Department of Energy [called on futurists] to explore why people might dig into the waste in the year 6,000 AD or 11,000 AD. And here, in this story, what a possibility! We had the American government itself ... commissioning a science-fiction-infused sketch of a future — in order to open a nuclear waste repository.
Note: For more along these lines, see concise summaries of deeply revealing nuclear power news articles from reliable major media sources.
As eight states plus the District of Columbia have moved to fully legalize recreational marijuana, debates on the merits of legalization have focused on the effects of marijuana use on individuals and society. The National Academies of Sciences, Medicine and Engineering have brought a great deal of clarity to the situation with an encyclopedic report summarizing pretty much everything researchers know (and don't know) about the health effects of marijuana use. For the 395-page report, a team of dozens of drug policy experts at some of the nation's most prestigious universities analyzed 24,000 scientific papers to arrive at more than 100 conclusions regarding the effects of marijuana use. The committee found strong evidence showing marijuana is effective at treating chronic pain in adults. Given the current public health crisis involving tens of thousands of deaths annually because of painkiller overdoses, this is a potentially significant finding. The report also turned up strong evidence that marijuana is effective at treating nausea and vomiting, [as well as] muscle spasticity. The literature shows limited evidence that marijuana use is linked to the use of other substances. The report does not address the implications of these findings for current legalization debates. The researchers do, however, state emphatically that the current designation of marijuana as a Schedule 1 controlled substance ... is one of the chief barriers to conducting more badly needed research.
Note: Big Pharma has been caught systematically bribing doctors to over-prescribe deadly painkillers, and an ex-DEA official has publicly accused Congress of helping drug makers avoid responsibility for their role in the US opioid epidemic. Meanwhile, more people are arrested in the US for marijuana use than for all violent crimes combined. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and health.
This week’s confirmation hearings for homeland security secretary and transportation secretary were notable for something not discussed: the fact that the two departments have failed for 12 years to comply with presidential orders to eliminate one of the most serious threats to the security and economy of the United States. America’s Global Positioning System is a technological miracle and our gift to the world. Cellphone networks, first-responder radio systems, computer and financial networks, even electrical grids - all depend on GPS. At the same time, GPS signals are weak and easy to disrupt. This combination of overwhelming dependence and vulnerability is why Department of Homeland Security officials have called GPS a “single point of failure for critical infrastructure.” In a 2004 national security directive, President George W. Bush tasked the Transportation Department to work with Homeland Security and other departments to acquire and operate a backup system to prevent [GPS system failure]. President Obama reaffirmed this order in 2009. Yet, despite announcements in 2008 and 2015 that the nation would establish a high-powered terrestrial ... system to work hand in hand with GPS, nothing has been done. So our national danger grows by the day. Previous administrations have ... failed to act. Let’s hope the Trump administration [does] what the previous two have only promised: protect America’s national and economic security with a difficult-to-disrupt complementary and backup system for GPS.
Note: For more along these lines, see concise summaries of deeply revealing government corruption news articles from reliable major media sources.
The Antarctic ozone layer, which shields the Earth from harmful ultraviolet rays, shows encouraging signs that it's beginning to heal, according to research published in the journal Science. Scientists credit the healing to an international policy set nearly three decades ago that cut the production of ozone-destroying chemicals. That agreement - the 1987 Montreal Protocol on Substances that Deplete the Ozone Layer - called for the phase-out of substances including chlorofluorocarbons and halons, once present in refrigerators, aerosol cans and dry cleaning chemicals. "The ozone layer is expected to recover in response, albeit very slowly," wrote the researchers in the study. The ozone layer, a fragile shield of gas, protects animal and plant life on Earth from powerful UV rays. When the ozone layer is weakened, more UV rays can get through and affect humans, making them prone to skin cancer, cataracts and other diseases. There also may be consequences for plant life, including lower crop yields and disruptions in the ocean's food chain. The ozone hole was discovered in 1985, which led to the Montreal Protocol two years later. Researchers ... found that the hole in the ozone layer had shrunk by 1.5 million square miles, based on their measurements every September since 2000 to 2015. This area is equivalent to 4 million square kilometers, which is bigger than India. Since the Montreal Protocol went into effect, the amount of harmful chemicals has also decreased.
In a country where billions of pounds of food get wasted every year, one app is connecting the dots between those who have excess food and those who need it. Copia, a food recovery app, collects surplus food from companies and distributes it to organizations that serve people in need. Companies can use the app to order a food pickup after an event, for instance, and Copia will come retrieve the fare and drop it off at a local pantry, shelter or soup kitchen. “Hunger is the world’s dumbest problem, especially in the world’s wealthiest country,” Komal Ahmad, the app’s founder, said. “It’s a distribution problem. We get food from those who have it to those who need it.” Food waste is a huge issue in the United States: 31 percent of the available food supply, or 133 billion pounds, went uneaten in 2010. This is in a country in which almost 50 million Americans ... live in food insecure households. “Hunger is pervasive,” said Margarette Purvis, President of Food Bank of NYC. “It’s a horrible thing that is hidden in every city.” So far Copia has collected more than eight hundred thousand pounds of food, connecting it to seven hundred thousand people. Ahmad is hoping ... to potentially use the technology to distribute other much-needed items like medicine. “Next, we want to use the platform to redistribute food to Syrian migrants in our country,” Ahmad said. If you want to help, you can get businesses you work with to use the app. But Purvis suggested something more: go volunteer at a local food pantry.
Jessica McClard, of Fayetteville, Arkansas, had always been intrigued by the recent trend of Little Free Libraries, which she’d notice popping up quite frequently in her neighborhood. But then she thought about how she could expand the idea into something more. That’s how The Little Free Pantry was born. She built what she believes to be is the first Little Free Pantry, stocked with canned goods, toiletries and paper goods. Her idea has taken off with huge success. “I check on it about once every day because it’s at the church,” McClard told ABC News of the small structure located in front of the Good Shepherd Lutheran Church in Fayetteville. The items that fly off the shelves the fastest are simple goods that can make a world of difference to someone in need. “Personal hygiene items for sure,” she explained. “Deodorant, toothpaste, toothbrushes, diapers, feminine hygiene products, paper goods are great too, paper towels and toilet paper. I get asked about high temperatures and whether food could really spoil, but the turnover rate is so high it’s never been a problem.” The Little Free Pantry isn’t just used for the normal, everyday items. She’s noticed people stocking it with school supplies for children, and even was delighted to find it decorated for Memorial Day. “I feel like there’s some community ownership over it, and that’s exciting.” More than anything, McClard hopes that her Little Free Pantry “helps someone who may be in a tight spot and to let them know they’re not alone.”
Five months before Chinese e-commerce behemoth Alibaba's went public in September 2014, cofounders Jack Ma and Joseph Tsai created charitable trusts and seeded them with a combined 50 million in share options. Today those trusts are worth nearly $3.5 billion. It's one sign of a new age of large-scale philanthropy in China. Three decades after economic reforms paved the way for 400 billionaires to emerge ... extremely wealthy Chinese have started giving their money away in large sums ... according to research on China's top 100 philanthropists released Wednesday by the Ash Center for Democratic Governance at the Harvard Kennedy School. "It's important to look at the trends in how rich people are giving back to society. We wanted to create healthy competition among donors and shift the national debate from wealth creation to philanthropy," said Peiran Wei, who led the research. Among the 100 philanthropists, the average donation was around $8 million. They gave most often to education. "If you're a businessman in China, it's probably easier for you to make money than to give it away. It's not a free market for philanthropy," Wei said. More than half of the philanthropists gave to charities affiliated with the government. Wei speculates this is ... because these are some of the few entities today that can handle giving at a large scale. However, 19 donors on the list have created private foundations, which Wei says signals a shift toward more professionalized philanthropy.
Important Note: Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.