Disinfo: NASDAQ will delist any company without one LGBT board member

Summary

The American Stock Exchange “Nasdaq” announced its intention to remove companies that do not appoint one woman and a member of the LGBT minority to their boards of directors.

The ruling elite finds nothing better than sacrificing efficiency for ideology. It happened in the Soviet Union for the sake of communist ideology, in the United States, it happens for the liberal ideology, which requires that companies not be run by effective professionals, with experience and professional competence, and have come a long way in the career ladder, but based on their background whether they are gay or women whose competence is summed up only in not being men.

Disproof

A recurring pro-Kremlin narrative that seeks to discredit liberalism by comparing it to the communism of the Soviet Union, which makes it part of a wider narrative claiming that liberal societies are totalitarian systems ruled by “globalist elites”.

The new proposed Nasdaq listing requirement does not force companies to have an LGBT board member but requires listed companies to include in their board at least one woman and one member from an underrepresented minority group "or" an LGBTQ member.

The proposal's definition of an “underrepresented minority” does not only include LGBTQ, but also means an individual who self-identifies as one or more of the following: Black or African American, Hispanic or Latinx, Asian, Native American or Alaska Native, Native Hawaiian or Pacific Islander, or Two or More Races or Ethnicities.

Foreign companies and smaller reporting companies would have additional flexibility in satisfying this requirement with two female directors.

Moreover, companies will not be subject to delisting if they provide an explanation of their reasons for not meeting the objectives.

Finally, in response to the claim that liberal ideology is prioritising identity over competence and performance, Nasdaq announced that part of the rationale for the new requirements is that over two dozen studies found an association between diverse boards and better financial performance and corporate governance.

publication/media

  • Reported in: Issue 225
  • DATE OF PUBLICATION: 09/12/2020
  • Outlet language(s) Arabic
  • Countries and/or Regions discussed in the disinformation: US
  • Keywords: Secret elites / global elites, LGBT
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Violation of freedom of speech in Central and Eastern Europe supervised by the US

The authoritarian practices in the Baltic states and Poland become more and more obvious. No one is trying to pretend anymore that freedom of speech should be respected.

The repressions against the journalists in Latvia should not come as a surprise. It is not the first case of gross violation of freedom of speech in Central and Eastern Europe, particularly against the background of discussions about the rule of law in the EU.

Many believe that there is a group of countries of Central Europe which are under a strong influence of Washington and follow its political agenda. This block includes Estonia, Latvia, Lithuania, Poland and Romania.

The political influence of the US leads to an active role of American secret services in these countries. American curators influence local authorities to clear the information sphere from all alternative sources of information. Due to the geopolitical situation, the biggest part of these alternative sources of information is Russian media.

Disproof

This article repeats two recurring pro-Kremlin disinformation narratives: one about the oppression of the freedom of speech in Central and Eastern Europe and another about the US presence in Europe.

The statement that the Baltic states and Poland manifest “authoritarian practices” in the area of freedom of speech is a manipulative one, especially in comparison with the situation in Russia. In the “Freedom of the press 2020” ranking (by Reporters Without Borders) Estonia is on 14th place, Latvia on 22nd place, Lithuania on 28th place, Romania on 48th place, Poland on 62nd place out of 180 countries. The region is not monolithic. Estonia belongs to the group of states where the situation is evaluated as “good”, the situation in Latvia and Lithuania is “fairly good”, Poland and Romania belong to “problematic” group of countries. Russia holds in this ranking 149th position, the situation of media freedom in the country described as “bad”.

NATO membership will lead Ukraine to disintegration

Ukraine’s entry into the North Atlantic Alliance will lead to the disintegration of its own statehood. As a result, part of Ukraine’s territory will turn into a security buffer between NATO and the Russian Federation.

Disproof

Recurrent pro-Kremlin disinformation narratives about NATO and Ukraine with no evidence given. This message is an example of a recurring pro-Kremlin disinformation narrative about Ukraine being abandoned by its Western partners and the disintegration of Ukraine.

Ukraine is a priority partner for the EU and NATO. Its sovereignty and territorial integrity are respected by almost all the world. Neither the EU nor NATO are planning to turn Ukraine into a security buffer.

US election result was rigged by mail voting

A month has passed and the world is still waiting for the official announcement of the US presidential election results. It is difficult to understand what kind of democracy this is. However, some insist there is a winner. He was proclaimed by TV stations and NGOs. In the era of “rule of law” and “bourgeois democracy”, the verdict of American people was not decided by the ballot boxes but by the boxes of the US post offices, as minors, citizens who had never been registered to vote, and dead people voted.

Disproof

This report is part of a recurring pro-Kremlin media narrative that the US democracy is an illusion, the election was fraudulent, and thus the US has no right to lecture others about human rights or democracy.

The claims that the US Presidential elections faced an “enormous number of irregularities” and was not properly managed, especially because of mail voting, is not supported by evidence. The OSCE Observation Mission states that the 2020 Presidential elections vote was “competitive and well managed”. Read more OSCE statements on the American elections here.