Some of the stocks in which Ensign has invested millions include Apple Inc., Chevron Corp., Visa Inc., JPMorgan Chase, Home Depot, Amazon and Google, according to the article.Ĭlarke and former Ensign employees said the firm created a system of more than a dozen shell companies to make its stock investments harder to track. The fund’s handlers are instructed not to invest in industries that Latter-day Saints consider objectionable - including “alcohol, caffeinated beverages, tobacco and gambling,” he said, alluding in part to the church’s health code known as the Word of Wisdom, which bars those substances (although caffeinated sodas are not part of that prohibition). In recent years, the church’s reserve fund has grown by about 7% annually, Clarke told The Journal, mainly from returns on existing investments, not member donations. But, the paper reported, they “gave estimates for its main areas of expenditure that, collectively, total about $5 billion.” ![]() Neither Clarke nor other officials would provide The Journal with details on the size of the church’s annual budget or how much money goes to Ensign Peak. The White House and the Pentagon insisted Thursday they are still working to determine who caused the damage, which set off a scramble to evacuate residents in dozens of flooded areas and get aid to those still there.The Journal’s exploration of church financial holdings included interviews with Clarke and top Latter-day Saint officials, including Presiding Bishop Gérald Caussé, the ecclesiastical leader who oversees the Utah-based faith’s vast financial, real estate, investment and charitable operations. The aid also will include munitions for laser-guided rockets, an undisclosed amount of artillery rounds, and funding for training and maintenance support.Ī number of administration officials have acknowledged that the fighting in Ukraine has intensified in recent days, but much of the focus turned early this week to the collapse of the Kakhovka dam on the Dnieper River. ![]() ![]() In a statement, the Pentagon said the package shows America’s continued commitment “to both Ukraine’s critical near-term capabilities as well as the enduring capacity of Ukraine’s Armed Forces to defend its territory and deter Russian aggression over the long term.” equipment, weapons and ammunition that are more frequently sent from Pentagon stocks and delivered quickly to Ukraine, this money would be provided under the Ukraine Security Assistance Initiative and is meant to be spent over the coming months or even years to ensure Ukraine’s future security needs. has provided, comes as there are signs that Ukraine is beginning - or about to begin - the much anticipated counteroffensive to try to take back territory that has been seized by Russia. ![]() The latest infusion of funding, one of the larger packages the U.S. The new assistance package will include funding for more Patriot missile battery munitions, Hawk air defense systems and missiles, and small Puma drones that can be launched by hand. WASHINGTON (AP) - The Pentagon announced Friday that it will provide an additional $2.1 billion in long-term weapons aid for Ukraine.
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